#Ready-made Local Bitcoin Clone

[jackwyatt134]

Why is Now the Perfect Time to Invest in Cryptocurrency Exchange Development?

As digital currencies become more widely accepted, the demand for cryptocurrency exchanges grows exponentially. There has never been a better opportunity to engage in cryptocurrency exchange development for business owners looking to capitalize on this expanding market. The current landscape is ripe for opportunity, and those who act now stand to gain significant benefits. In this blog, we will explore why now is the perfect time to invest in cryptocurrency exchange development. From the booming market to the accelerating mainstream adoption, we'll explore the key factors that make this a suitable moment to enter this profitable industry.

Explosive Market Growth

The cryptocurrency sector has grown at an exclusive rate over the last decade, and there are no signs of it slowing down. As of 2024, the global cryptocurrency market capitalization had reached trillions of dollars, with millions of people trading digital assets every day. This incredible growth has resulted in a massive need for reputable and user-friendly cryptocurrency exchanges. Businesses that engage in exchange development now can gain access to this growing sector and establish an important presence in the digital economy.

Mainstream Adoption and Regulation

One of the most important indicators that now is the time to invest in cryptocurrency exchange development is the growing public usage of digital currencies. Major organizations, financial institutions, and even governments are recognizing the usefulness of cryptocurrency and incorporating it into their operations. Furthermore, regulatory frameworks are becoming clearer, creating a more secure environment for enterprises operating in the cryptocurrency industry. This trend toward popular acceptance and regulation provides an excellent opportunity for entrepreneurs to build a trustworthy and compliant trading platform.

Technological Advancements

Exciting advances in blockchain technology provide yet another compelling incentive to invest in cryptocurrency exchange development today. Blockchain technology has progressed completely, providing more scalable, secure, and efficient solutions than ever before. These technological advancements make it easier for corporations to build strong exchanges capable of handling large amounts of transactions while maintaining user security. By exploiting these improvements, businesses can create advanced exchanges that meet the market's rising demands.

Clone Scripts: A Fast-Track to Success

For firms looking to build a cryptocurrency exchange rapidly, using clone scripts such as Binance Clone Script, Coinbase Clone Script, or Paxful Clone Script provides a speedy path to success. These clone scripts offer a ready-made solution that mimics the essential features and operations of renowned exchanges, allowing entrepreneurs to develop a fully operating platform in a fraction of the time required to construct from scratch. 

Binance Clone Script: Binance is the world's largest cryptocurrency exchange by trading volume, making it an ideal role model for forward-looking exchange entrepreneurs. A Binance Clone Script has all of Binance's major features, such as multi-currency support, high liquidity, and advanced trading choices. It's an excellent solution for organizations wishing to reach a large number of customers while also providing a reliable trade platform.

Coinbase Clone Script: Coinbase is well-known for its user-friendly interface and good regulatory compliance. A Coinbase Clone Script enables businesses to build a platform that appeals to both rookie and expert traders, including safe wallets, simple fiat-to-crypto conversion, and compliance with local regulations. 

Paxful Clone Script: Paxful is a popular peer-to-peer (P2P) cryptocurrency exchange that lets users buy and sell Bitcoin with a variety of payment options. A Paxful Clone Script is ideal for organizations wishing to enter the P2P exchange industry, as it includes features like escrow services, secure transactions, and multi-payment possibilities. This script allows businesses to build a platform that directly connects buyers and sellers, adapting to a wide and global audience. 

Profitability and Revenue Streams

Investing in cryptocurrency exchange development has significant profit potential. Exchange platforms make money from a variety of sources, including transaction fees, listing fees, withdrawal fees, and staking rewards. As trading volumes increase, so does the opportunity for big profits on investment. Businesses can also experiment with new revenue models such as margin trading, futures contracts, and token sales to increase their profits.

Conclusion: 

The current position provides a unique opportunity for business persons interested in cryptocurrency exchange development. With accelerating market expansion, rising mainstream usage, technology improvements, and multiple revenue streams, the potential benefits are enormous. Businesses that invest in exchange development now may place themselves at the forefront of the digital economy and benefit from the next wave of financial innovation.

Whether you’re interested in a custom-built exchange or a Clone Script, the time to act is now. Embrace the future of finance, and start building your exchange platform today. Partner with a trusted cryptocurrency exchange development company like Kryptobees to bring your vision to life. Let’s revolutionize the way the world trades digital assets together.

[technewsbite]

Step-by-Step Guide to Launching a Peer-to-Peer Crypto Exchange with Paxful Clone Script

Cryptocurrency has become a popular investment option for many people around the world. With the rise of Bitcoin and other cryptocurrencies, there has been a growing demand for cryptocurrency exchanges. These exchanges allow users to buy, sell, and trade cryptocurrencies. One such exchange is Paxful, which is a peer-to-peer cryptocurrency exchange.

In this blog post, we will discuss Paxful Clone Script and how it can be used to create a peer-to-peer exchange like Paxful.

What is Paxful?

Paxful is a peer-to-peer cryptocurrency exchange that allows users to buy and sell Bitcoin and other cryptocurrencies. It was founded in 2015 by Ray Youssef and Artur Schaback. The platform allows users to buy and sell cryptocurrencies using a variety of payment methods, including bank transfers, credit cards, and gift cards. Paxful has become a popular exchange due to its ease of use and the variety of payment methods it supports.

What is a Paxful Clone Script?

A Paxful Clone Script is a ready-made software solution that allows you to create a peer-to-peer cryptocurrency exchange like Paxful. The script includes all the necessary features and functionalities required to run a successful exchange. It is a cost-effective solution that saves time and money compared to building an exchange from scratch.

Features of a Paxful Clone Script

User-friendly interface: The script comes with a user-friendly interface that makes it easy for users to buy and sell cryptocurrencies. Multiple payment options: The script supports multiple payment options, including bank transfers, credit cards, and gift cards. Escrow system: The script includes an escrow system that ensures the safety of transactions.

KYC/AML verification: The script includes KYC/AML verification to ensure compliance with regulations.

Multi-language support: The script supports multiple languages, making it accessible to users from different countries.

Multi-currency support: The script supports multiple currencies, allowing users to buy and sell cryptocurrencies in their local currency.

Affiliate program: The script includes an affiliate program that allows users to earn commissions by referring new users to the exchange.

How to create a peer-to-peer exchange like Paxful using a Paxful Clone Script?

Choose a reliable cryptocurrency exchange script provider: The first step in creating a peer-to-peer exchange like Paxful is to choose a reliable cryptocurrency exchange script provider. Look for a provider that offers a Paxful Clone Script with all the necessary features and functionalities.

Customize the script: Once you have chosen a script provider, you can customize the script to meet your specific requirements. This includes branding, design, and functionality. Set up the exchange: After customizing the script, you can set up the exchange by configuring the payment options, KYC/AML verification, and other settings.

Launch the exchange: Once the exchange is set up, you can launch it and start promoting it to attract users.

Benefits of using a Paxful Clone Script

Cost-effective: Using a Paxful Clone Script is a cost-effective solution compared to building an exchange from scratch.

Time-saving: The script saves time as it includes all the necessary features and functionalities required to run a successful exchange.Customizable: The script is customizable, allowing you to tailor it to your specific requirements.

Scalable: The script is scalable, allowing you to add new features and functionalities as your exchange grows.

Reliable: Using a Paxful Clone Script from a reliable provider ensures the reliability and security of your exchange.

Final Thoughts

Creating a peer-to-peer cryptocurrency exchange like Paxful can be a lucrative business opportunity. However, building an exchange from scratch can be time-consuming and expensive. Using a Paxful Clone Script is a cost-effective and time-saving solution that allows you to create a successful exchange with all the necessary features and functionalities. When choosing a script provider, make sure to choose a reliable provider that offers a high-quality Paxful Clone Script.

[markanderson9221]

Embrace your business revenue with local bitcoin clone

The trading in local bitcoin clones provides an efficient platform for buying and selling local bitcoin and other cryptocurrencies. It adds value for users to trade cryptocurrencies locally in this generation. This platform offers P2P exchange with escrow protection for trade to happen safely and securely. It has a feedback mechanism and dispute resolution process that enables trading to be trustworthy and comfortable. The bitcoin clone comes with a customization solution to design as per the business requirement.

Cons of Trading Local Bitcoin Clone :

Peer-to-peer (P2P) trade.

Updated pricing structure.

Rapid Bitcoin Trade.

Safer trade with Escrow.

Background check for trustworthy traders.

Automated trading.

Attractive Features of Local Bitcoin Clone :

Two Factor Authentication provides state-of-the-art security solutions for every buyer and seller in the marketplace.

The creation of crypto-wallets provides escrow integration and performs safe transactions between buyer and seller.

It has multiple coin support to be Escrowed and transact without any inconvenience in the market.

It enables current live prices displayed in the market for allowing buyers to have a clear idea of trading the coins.

The sellers can advertise coins along with cryptocurrency details for the buyers to open a trade request.

The local bitcoin clone enables users worldwide to trade using local currencies for the exchange of cryptocurrency. The rise of local bitcoin value is high in the marketplace for investors to step forward and generate more business revenue in less time by contacting Blockchain App Factory to provide complete guidance.

[goefrey-blog1]

Cryptocurrency Exchange Scripts Offered By Zodeak

Zodeak a BlockChain development company offers a cryptocurrency exchange script for the Entrepreneurs to start a business in a digital currency platform within a short span of time.

What is Cryptocurrency Exchange? Cryptocurrency is the digital currency where transactions are recorded in a public digital ledger called Blockchain. The transaction data and ledger are encrypted using cryptography which is called cryptocurrency. More than 1500 cryptocurrencies are present currently like Bitcoin, Binance, Ethereum, Ripple, and much more.

What is Cryptocurrency Exchange Clone Script?

The exchange clone script is the same as the crypto exchange with the core features and the additional features that can be added in the script based on the requirement.  Entrepreneurs who want to run the business in cryptocurrency can prefer a clone script rather than creating a new one, where it is a time-consuming process at a higher cost. To avoid this, make use of our ready-made Cryptocurrency exchange clone script.

Zodeak’s  Explicit Features

Secure and Reliability

The script is highly secured and in terms of blockchain, it should be secured properly. The script from Zodeak will be quality that will perform well.

Server Installation 

Once you finalize the project with us, we make sure that we will install the script to your server free of cost. Bug Support

After the delivery of the script, if you come across any bugs during the usage our team will help you to free of cost.

Free White Labeling We will be able to white-label your script for your brand by including your logo and company name for your business.

Latest Technology

The blockchain script is developed with the latest technology and we are working on the research side to develop and improve the script with many more rich features.

Cryptocurrency exchange script Binance Script

Binance is a crypto-crypto platform with over 4million users. Binance was the largest cryptocurrency exchange in the world in terms of trading volume. The trading fees are low compared to other cryptos. To start a business in Binance Clone Script from Zodeak visit here and know about the features provided and contact us.

 Local Bitcoin Script

Peer-peer trading of fiat currencies for bitcoins through an Escrow system. Bitcoin buyers and sellers can make an exchange. The LocalBitcoin is very secure with a good reputation system with an Escrow Wallet, 2F Authentication, Login Guard, and Support.

The same features are provided in a local bitcoin script also, the businessman who wants to start the local bitcoin business can get help from Zodeak’s high-tech professionals. Click here to view more about the Local Bitcoin Script.

Paxful Script

Paxful is an online marketplace that allows buying/selling bitcoins. The paxful main advantage over other bitcoin trading cryptos is accepting a wide variety of payment methods with a good support forum. Zodeak’s Paxful Clone is developed with the same feature for the Entrepreneurs to develop a good venture.

Remitano Script Peer to Peer marketplace of Buying and Selling cryptocurrencies with both fiat and cryptocurrency. The service offered by Remitano is a P2P exchange with an escrow system, Investing, Remitano Swap, Wallet to store cryptos.

Features

High Liquidity

Multiple Currencies

24/7 Support

The Remitano clone script offers similar features for the clients with additional features like

Browser Detection Security - To protect the browser from getting hacked

SSL Integration - Establish Secure connection between server and client

Biometric Authentication - A secure login way to your account.

DDoS Migration - Protecting the targeted server or network

 Anti Phishing Software - Prevent cyberattacks from emails.

HTTPS Authentication - Secure method like SSL.

 To start a crypto platform like Remitano contact us at cryptocurrencyscript1@gmail.com or visit here.

Coinbase Script

Fiat to crypto and crypto to Fiat buying/selling bitcoins with more support and services. Many cryptos are supported in Coinbase. The payment methods can be done using.,

Credit/Debit Cards

PayPal

Wire Transfer

Advantages

High Liquidity

High Buying Limits

Friendly User Interface

To support you for the business we help you to get the product without any problem. Visit here for more details.

[hivelance]

Binance TR Clone Script

Binance TR is industry-leading exchange platform that allow users to exchange fiat-to-crypto and crypto-to-crypto in Turkey. Especially it allow users in Turkey who can deposit and withdraw Turkish lira (TRY) via a bank and trade crypto directly with TRY pairs. It also supported by the entire functionalities of the Binance Exchange, including the market’s leading spot trading liquidity, robust matching engine, the most advanced high-end security, custody, and more. Binance TR is one of the crypto trading platforms that allow users to easily and securely trade cryptos using select local currencies.

Here, we are going to see how cryptoreneurs get interested to the Binance TR clone script and how they are profited.

Are you planning to Start a Binance TR- Like Crypto Exchange in Turkey Region?

Launching a Binance TR-like crypto exchange with the advanced trending features will attract a vast range of users in Turkish market.

Are you tempted to know tricks to create a Binance TR-like crypto exchange? Binance TR clone script is a latest version of the real Binance Exchange. which supports the users to get more profits. Additionally, the admin and users security features and customization option is integrated with the Binance TR clone script to make your crypto exchange business easy in Turkish market.

Integration of the multi-network wallet with the Binance TR clone script is the most noticeable feature of the clone. This ready-made clone script is built in a way to enable the users to trade and manage cryptocurrencies simply without any trouble.

Top-Notch Features of Our Binance TR Clone Script Two-factor authentication Integration of launchpads Automated KYC/AML Options for cryptocurrency loans Push notifications Latest UX/UI patterns Referral programs Multiple language support Real-time price charts Introduction of pin lock or finger lock options Crypto wallets with high security Integration of Multiple payment gateways. Benefits of Binance TR Clone Script Faster development Entire customization Add-on features Cost Effective Completion in a short time

Final Words

Binance TR Clone Script — Grab the traders attention in Turkish market. The user volume of your exchange can be enhanced with a fully-featured Binance TR clone script.

As a leading Cryptocurrency exchange development company, Hivelance steps forward in rendering classy and advanced Binance TR clone script with world-class standards. We provide complete solutions for trading bitcoins in a safer way through our Binance TR clone scripts. Either you need web scripts of Binance TR or mobile apps? We can develop any one of those creations following your instructions. Your satisfaction is our encouragement to work passionately. Our Binance TR clone script is created with the intention to provide an easy and simple way to handle, sell and buy crypto assets in Turkey. UI/UX is made-up to make trading in a single tap. By affiliating with Hivelance, you can create an ultra-secure Binance TR clone for your crypto exchange business. Get your demo today or feel free to talk our experts via Whatsapp - +918438595928 | Telegram - HiveLance

[fractional-nft-marketplace]

How Our Local Bitcoin Clone Script Works? All You Need to Know about our Ready to Market Localbitcoins Clone Script

How Local Bitcoin Clone Script Works?

Eagerly waiting to run a p2p crypto exchange like Local bitcoins? Good, this article is especially for you, here we are going have a complete discussion about the working principle of the famous Local bitcoins exchanges existing in the marketplace, so have you can have a clear & a strong idea to start a similar exchange like it.

 Local Bitcoins - Overview

Let us have a quick recap about local bitcoins. It is a P2P Bitcoin exchange where the traders can happily buy & sell bitcoins for their traditional currencies by agreeing to certain terms & conditions pre-written in it.

 Once the traders are okay with the trade terms the global bitcoin exchange “Local bitcoins” pave wonderful opportunities for making a trade in their exchange.

 Points to remember before starting a p2p exchange like Local bitcoins

Contact a top-notch cryptocurrency exchange software provider for building your crypto software from scratch.

Boost the liquidity of exchange by connecting your exchange with others.

Ensure the best security features are considered while developing your exchange.

Make sure your exchange process all the phases of testing.

Make a partnership with the payment processor of your crypto exchange.

Bring real-time customer support.

Attain good funding for the venture.

Later you can start a marketing campaign to create awareness of its existence.

 I hope the above key points are useful to you, but then you can approach our team from SellBitBuy, as we are one of the leading cryptocurrency exchange software providers in our global world. Rather than developing your own Local Bitcoins exchange script, you must definitely make sure that you approach an expert to handle it. We give better results in terms of crypto exchange platform security by adding premium security features in our Local Bitcoins trading script.

 How Local Bitcoin Clone Script Works?

Local Bitcoin Clone Script - It is a readymade clone script used for building a local bitcoins exchange by including the major features like OTC trading, both online & offline trading, buying & selling options, secure escrow wallet development, multi-crypto coin support & so on.

 Types of Local Bitcoins Clone Script

Local bitcoins types can be explicitly split as

Open source bitcoin exchange script

Ready-made Local bitcoins exchange script

Customized local bitcoins clone script

 How does it work?

Here is the core part of this article, let’s have a look at the working principle of the local bitcoins clone script.

Initially advertise that selling of bitcoins is ready to happen.

Then choose a payment method by setting the limits of the pricing value.

Funding of your bitcoins takes place in the next step into your local bitcoins wallet.

Traders can place a request by processing your advertisement placed as said above.

Next, bitcoins are automatically withdrawn from your wallet address into escrow once the buyers initiate the trading process.

Instant notifications are arrived once if some of the traders are interested in replying to the advertisement that’s generated previously.

Quick payment transactions are notified to you by SMS & through E-mail.

Once after confirmation of payments the bitcoins are released.

The above workflow paves a better interaction between the crypto traders who participates in an exchange platform.

 Attributes of Local Bitcoins Clone Script

1. Trading Bitcoins in both Online/Offline

2. Highly Secure Escrow Wallet Integration

3. Resolving Disputes

4. Multiple Coin Compatibility

5. Password Authenticated

6. Advertising

7. Identifying Traders

8. Updating Live Prices

 How local bitcoin exchange is secured from fraudulent attacks?

Before starting a crypto trading website safety comes as a mandatory priority to everyone’s mind. To enhance it further developers undertakes all the security challenges into account and offers secured payment gateways to avoid stealing of valuable data. It prevents sensitive information from getting it leaked in the form of hacks.

To avoid falling as a victim to vulnerable hacks various levels of security features are implemented that prevent a crypto business to be attacked by the fraudsters.

Okay, I hope the above piece of information is useful to you to launch your own crypto exchange business. If you are in search of a secured cryptocurrency exchange script provider then feel free to connect with our team.

 Why SellBitBuy for a secured cryptocurrency exchange script development?

We Sellbitbuy - The Leading Cryptocurrency Exchange Development Company provides a technically advanced Localbitcoins Clone Script to our customers that keep the crypto exchanges out of the malicious attacks. Considering the history of security breaches we offer the latest versions of cryptocurrency exchange software that are deployed to your exchanges.

 Some of the reasons to choose us

Professionals extremely focuses to deliver high-quality cryptocurrency exchange software.

Customer queries are well considered by our team & respond to it instantly.

24/7 customer support & we ensure their project requirements are properly met.

Offer classy UI/UX for your crypto trading platforms.

Provides excellent trading features & plugins.

Connect with our team for more updates!

Stay tuned for updates.

 Explore-https://www.sellbitbuy.net/

 Our Other Services-

 White label Binance Clone Script

 NFT Marketplace Development

 Metaverse NFT Marketplace Development

 Smart Contract Development

 Cryptocurrency Exchange Software Development

[markanderson9221]

Local Bitcoin Clone launch a trending business in crypto platform

The Blockchain App Factory offers a Local Bitcoin clone platform for its client with an impressive outcome that lures many users quickly. It allows the traders to buy and sell cryptocurrency for paying a particular party. This platform comes with peer-to-peer (P2P) with escrow for secure transactions, which helps in gaining trust and comfort with the feedback mechanism.

[eric-faulkner]

Strengthen your financial prowess by investing in a Ready-made Local Bitcoin Clone

Kickstart the development of a powerful crypto exchange by buying a ready-made Local Bitcoin clone from us. 

We utilize programming languages such as Java, Python, PHP, and Laravel to prepare your script. The high-quality features include the presence of Escrow, an exclusive OTC trading facility, advertisement based trading, integrated wallets, and an in-built chatbot for smooth communication between different traders. 

The process to be followed is in the form of sign-up by the buyer or seller, posting the advertisement on the trading platform with details of the quantity, trade limits, location, preferred currency, and accepted payment methods. Once the trade has been initiated between the two parties, Bitcoin will be traded locally once they have mutually agreed on the terms and conditions. The Bitcoins will be transacted to the Escrow wallet and once the seller confirms the receipt of payments, the escrow wallet will immediately transfer the Bitcoins to the buyer. 

Buy the ready-made Local Bitcoin clone by availing services from our proficient developers and fulfill all your expectations successfully. 

[localbitcoinsclonescript]

Aistore2030 is the enormous Cryptocurrency trade progress interest that outfits you with Ready-made Local Bitcoin Clone Script to build up a trade stage like Local Bitcoin. Under you will consider the entire of the highlights of our clone script.

[bitcoinexchangephpscript]

Crucial Factors to be considered for Local Bitcoin clone development

Local bitcoin is a peer to peer cryptocurrency exchange platform that facilitates immediate and hassle-free exchange. It supports several digital currencies like bitcoin, ethereum, litecoin, etc. It has a forum where sellers can put up the value they want their currency to sell, and if both parties reach an agreement, the exchange takes place. Security in the transaction is essential, so several layers of encryption safeguard these exchanges. Apart from that, the users are notified whenever login takes place using alternate means.Local Bitcoin clone offers the facilities provided by the popular exchange platforms. Apart from that, it has certain exclusive features. Here are some of the features provided by Local Bitcoin script

Escrow Wallet

Two-factor authentication

Instant KYC/AML verification

Forum to post advertisements

Multi-currency support

Market Trends

In-app exchange calculator

Chat Bot

Wallet Integration

Online/offline trading options

These are key factors to be considered while developing Local Bitcoin clone:Let us look at the four main aspects of building Local bitcoin clone PHP script

The trading engine must be efficient as users rely on this prompt response for their exchanges.

The user-interfaces must be developed using the high-end technology stack as an exchange can happen in any platform like mobile or PC. So the platform must be compatible with the needs of the users. These are some of the key points of UI Interface

Registration must be hassle-free

Deposit, view and withdraw digital currencies and fiat currencies

The layout and pacing of various icons like past transactions, market analyses, and others should be neatly placed.

User-end is the interface which attracts customer into using the platform so developers must ensure that it is upto the market standards.

The convenience offered during the transactions is the main reason people opting for the cryptocurrency exchange platform. Business people use this platform extensively for all the exchanges, so user-friendly features like wallet will ensure the cryptocurrency exchanges take place with maximum security.

Security aspects like Google two factor authentication, encryption, and authorization system, hot wallet protection should be present in the exchange app.

Conclusion:The cryptocurrency exchange is getting popular among business people. The main reason for this is that many governments are supporting cryptocurrency exchanges. They believe that these exchanges will boost the nation’s economy. The ready-made Bitcoin clone script has perks like white-labeled, scalability, customized to suit requirements, and many more. Business owners utilize the script for their exchanges and have witnessed tremendous growth and profits.

[localbitcoinsclone]

An extensive view of features of cryptocurrency exchange and the business prospects of various digital currencies

Cryptocurrencies are a widely used online platform for digital currency exchanges. These are digital currencies which owe their credibility to their technology rather than a central bank. Many of the transactions in this statistic involve cryptocurrency exchanges that exchange these coins for other currencies, including traditional currencies such as U.S. dollars or euros. It facilitates the people to exchange their bitcoins quickly and secure without any central authority. It allows users to maintain transactions digitally. The main reason for its extensive use is its international credibility and non-involvement of government regulations.

The digital exchange script supports many currencies like Bitcoin, Ethereum, Litecoin, etc. Of all the Cryptocurrencies, Bitcoin is popular as it is one of the earliest emerging markets. Amongst the digital currencies exchange, the Local Bitcoin clone platform is preferred amongst the users. Using the platform, users can publish ads for either selling or buying cryptocurrencies. Then, the users who are willing to buy can mention the price they are willing to pay and come to a negotiation with the seller. It is how transactions take place in the Local bitcoin script.

As this Local Bitcoin is popular amongst users, many entrepreneurs are interested in developing Local Bitcoin clones and establish their mark in the Cryptocurrency exchange platform.

Let us look at the business trends of Cryptocurrency exchange platform:

As of March 2020, there are approximately 5021 crypto assets. The cryptomarket has a total market capitalization of over $155 Billion.

Out of which, Bitcoin takes up 63.8% of the market value, and the top 10 cryptocurrencies make up around 88% of the market value.

According to reports published by Statista, the cryptocurrency Etherum saw an average of 753.51 transactions daily. And other leading cryptocurrency exchange platform saw less than 10 % of it.

Seeing the trends, it is clear that the Bitcoin and Ethereum make up most of the cryptocurrency exchanges.

These are the features to be considered in building Bitcoin clone script:

Escrow Wallet — Escrow script protects sellers from fraudulent buyers by requiring the Bitcoin to be deposited upfront.

Two Factor Authentications — This feature guarantees that the transactions taking place in the platform are protected. It involves validation from both parties in the transaction.

Wallet — It facilitates the users to store the Bitcoins so that they can use it for transactions whenever they want.

Multi-currency support — This wallet supports almost all the popular cryptocurrencies like Bitcoin, Ethereum, etc. It allows users to store more than one at the same time in the same wallet.

The development of the Bitcoin clone app involves an in-depth understanding of cryptocurrencies and its exchanges. The in-app calculator must provide users with accurate results; otherwise, the users can incur can loss. Instead, business owners can opt for ready-made local Bitcoin clone PHP script offered by leading app development companies.

[pulsehyip-posts-blog]

Pulsehyip is the foremost Cryptocurrency exchange development company that provides you with Ready-made Local Bitcoin Clone Script to develop an exchange platform like Local Bitcoin.

You can get Free demo and can acquire free cosultation from Pulsehyip's Crypto Experts.

[lifesobeautiful]

What It’s Like to (Almost) Become a Cryptocurrency Millionaire

It’s a lazy Sunday morning away from my family, I’m sitting in a hotel room in Montreal, and I’ve got $160,000 in my pocket. Or, rather, my “pocket.”

I’m staying in the neighborhood known locally as the McGill Ghetto, thanks to its proximity to the city’s famous university. My room is large — with a kitchen and living area — but not fancy.

The money is tied up in cryptocurrency — and I’m not ready to cash out.

With a few mouse clicks, I could liquidate my positions and transfer the proceeds (minus fees) into my bank account overnight. After paying capital gains tax, I’d have six figures in legally earned legal tender.

But here’s the rub: Twenty-four hours earlier, my portfolio was worth less than $80,000. Overnight, one particular cryptocurrency — a low-cap privacy coin called Verge — caught fire with the Asian markets. By the same time tomorrow, that $80,000 might evaporate. Or it may double again.

Welcome to the wild world of cryptocurrency, an impossibly young global financial market that runs 24 hours a day, seven days a week. Especially in recent months, the media has become feverish over bitcoin, ethereum, and Initial Coin Offerings, as breathless reporters publish stories of college seniors turned millionaires thanks to tiny investments made during their freshman years.

The reality is far less romantic. For every 1,000-times windfall, thousands more investments have gone south, wiping out trading accounts and nest eggs. As a bitcoin enthusiast since 2013 and casual crypto trader since 2015, I’ve had my share of euphoric wins and heart-crushing losses.

But I’m also a grown man with a family — I don’t Google sports cars when I’m ahead; my dreams involve 529 plans and down payments.

And yet, I’m just as susceptible to wide-eyed greed. Sitting in my hotel room in Montreal, I could have cashed out at $160,000, pocketing enough to cross “college funds” off my to-do list. I could have cashed out, returned to Brooklyn with the better part of a down payment in hand. Instead, I told myself, that half-penny coin has more room to run.

“Forget down payment,” I thought, watching 0.5 cent turn into 0.6 cent on my phone, translating to another $16,000 gain. “Let’s go brownstone shopping with cash.”

That’s not how this story ends, of course. It’s true that a well-placed $3,000 can become $160,000 seemingly overnight. But, as many are learning the hard way, every crypto investment can just as easily evaporate in the time it takes to hit “refresh.”

Bitcoin was created in 2009 by the pseudonymous Satoshi Nakamoto, by all accounts a pioneering genius in the field of computational cryptography. His invention was meant to be used as an unhackable, untraceable currency operating beyond government oversight. Though bitcoin tickled the dreams of many technolibertarians who’d long wanted the internet to function as a utopian digital space, it’s another of Nakamoto’s innovations that gave rise to the cryptocurrency revolution: encrypted, decentralized networking.

The particular way that Nakamoto achieved that is a little complicated, but put as simply as possible, bitcoin runs on a network with no central server. Rather, it’s a network of computers, called miners, that work both collaboratively and competitively. Before any bitcoin transaction is made, it must be validated and confirmed by a consensus of these computers. This decentralization was bitcoin’s true innovation. It’s given rise not only to 1,300 bitcoin clones and descendants, but an entirely new industrial sector known as blockchain technology.

Within a few years of its launch in 2009, bitcoin became less important as a currency than as a commodity, not unlike gold. You can still buy things with bitcoin (and gold, too, for that matter, sort of), but it’s become an investment vehicle for most buyers. Why invest in a virtual currency with no “real” value? Because $2 spent on bitcoin in December 2011 is today worth more than $18,000 — and many believe that bitcoin’s highest prices are yet to come.

At the same time, the clones, knockoffs, and descendants arrived.

Because bitcoin is open-source, anyone can copy, modify, and redeploy its source code for their own purposes. That’s precisely what happened, starting with the introduction of Namecoin ($NMC), a bitcoin offshoot, in 2011. Since then, more than 1,300 new cryptocurrencies have been launched; most, but not all, are traded freely on various cryptocurrency exchange platforms.

They are known as “altcoins” — or, alternatives to bitcoin. Some, like ethereum ($ETH), are fast becoming household names; others are more obscure, known only in cryptocurrency circles, with names like Siberian chervonets ($SIB), florincoin ($FLO), and augur ($REP). Despite not having any physical value, these altcoins are easily converted into real money; buying them is legal in most countries, including the U.S.

In theory, every coin and token has its own raison d’être. For example, no fewer than five cryptocurrencies ($POT, $THC, $CANN, $CCN, and $CNNC) are competing to fix the legal cannabis industry’s banking problems; pinkcoin ($PINK) wants to become a ubiquitous micro-tipping service for nonprofits; foldingcoin ($FLDC) rewards participants in Stanford University’s Folding@home disease-research project. We also have two Trump coins ($TRUMP, $PRES), one Putin coin ($PUT), and dozens more that are too racist or vulgar to bother mentioning.

At a glance, crypto most closely resembles foreign currency trading, and cryptocurrency pairs are bought and sold using dashboards that would be familiar to any E-Trade user. When you trade BTC-ETC, for example, you’re buying and selling ethereum against bitcoin. Non-BTC pairs exist — ethereum-monero, reddcoin-doge — but most traders prefer to trade against BTC, measuring their returns in bitcoin until it’s time to cash out and convert to dollars, euros, renminbi, won, or yen.

But crypto actually moves more like the stock market — a completely unregulated stock market. Prices bounce wildly with rumors and announcements; insider tips are exchanged in private chat groups; pump-and-dumps are organized by whales at the expense of naïve newcomers. For day traders, keeping up with the news can quickly become a full-time job.

Consider my Verge position, for example. Sometime in 2016, I noticed an unusual amount of Twitter chatter about $XVG, its trading symbol. I spent an hour researching Verge — it was formerly known as DogecoinDark; it had recently rebranded and relaunched under the new ticker symbol; its primary purpose was facilitating anonymous transactions.

I happen to believe that there’s a strong future for privacy-oriented cryptocurrencies, so I became more interested in Verge. One of many “low-cap coins,” it was very cheap at the time: For $530, I bought 5 million. When the price dipped two weeks later, I bought another 5 million for $300. Over the next few months, Verge would catch the attention of more traders, which led to more Twitter buzz; the price climbed slowly. I bought 6 million more.

Sometime later, sitting in that hotel room in Montreal, Verge’s price spiked for no good reason I could find. Cryptocurrencies don’t release earnings; they don’t announce dividends. Maybe a secret pump-and-dump group was targeting Verge; or maybe the developer shared a new software update in a Telegram channel. Point is, somewhere, someone sparked a buying spree that, if this were the stock market, would be catnip for the SEC.

Verge is just 1 of 100 trades I’ve made since opening my day-trading account with three bitcoins, then worth about $1,000 apiece. With my eyes wide open to the risks, I started by researching every altcoin listed on the top-100 list by market cap, looking for meaningful price actions. I got into ethereum at $9 (now trading north of $750, though I sold at $300). I flipped modest positions in ripple ($XRP), blackcoin ($BLK), factom ($FCT), and dozens more, scalping most for 10 to 50 percent returns in less than 24 hours. I’ve had losses, of course, but I protect myself with strict stop-loss orders.

But, again, these markets don’t react to fundamentals; they’re driven by publicity and emotion, and they’re prone to manipulation. Speaking again of Verge, I’ve seen skeptics converge on Twitter, crashing the price by 30 percent. But I’ve also ridden dramatic upticks; when tech raconteur John McAfee tweeted his support for Verge and other so-called “privacy coins,” prices climbed 100 percent overnight.

As with the stock market, the trick is identifying tops and bottoms. Buying low and selling high, in other words. This is not easy money.

I signed onto Silk Road in October 2011, a few months after Adrian Chen introduced the illicit darknet marketplace to the general public via his reporting for Gawker and, later, Wired. At the time, a single bitcoin cost $4.10. I know the exact price because I have the outbound emails where I excitedly told friends about this new anonymous digital currency. But I’d probably remember anyway, because regret over the missed opportunity still burns. How could it not? Like everyone else who failed to become a bitcoin millionaire in 2017 by spending $1,000 in 2011, I did not see the future clearly enough.

When I learned about altcoins and crypto trading a few years later, I was determined to not make the same mistake. Starting in 2014, with every paycheck, I squirreled away a few bucks into Coinbase, the popular, user-friendly digital currency exchange. With bitcoin trading at $350, these wee investments added up.

Once I’d accumulated a few coins, I got to work. There are several dozen cryptocurrency trading platforms; for Americans, the most popular are Poloniex, Kraken, Bitfinex, Bittrex, and Bitstamp. Elsewhere, others serve specific markets; you’ll find most South Koreans on Coinone, for example, while Chinese traders gravitate to Binance.

Not only is crypto trading confusing and intimidating, even measuring one’s profit can be tricky. Even if your BTC-ETC position doesn’t move, for example, bitcoin itself may climb in value — giving you USD gains even if you’ve done nothing. This is fine for traders who move in and out of fiat. Most of the traders I’ve met prefer to stay in bitcoin, taking profits occasionally and prudently.

Confusing things further, it’s a general rule that when bitcoin climbs, altcoins fall. Reason being: Holders of altcoins are famous for cashing out to fiat when bitcoin is rocketing. The converse is also true: When bitcoin crashes, traders and investors seek safety in the altcoin markets.

I’ve been more lucky than skilled. Thanks mostly to good timing, my initial investment increased 50-fold. At least for a few days. After that glorious peak in June, my half-penny coin deflated back to reasonable levels, putting me 30 percent down. This has happened more than once. Every time my portfolio dropped by one-third overnight, I resisted the urge to panic-sell; most of the time, my positions recovered.

Very few people have the stomach for $50,000 swings — my wife included. When it comes to investing, she’d rather I took a few smart positions and let them run. After my third roller-coaster ride, I was inclined to agree. To learn how to do this, I needed advice from more experienced traders.

My first stop was the Ainsworth Hotel in midtown. On a Monday night this summer, I joined a few hundred other crypto enthusiasts at the CryptoCircle meetup. There were no speakers, no agenda. Just a cash bar in the Ainsworth’s large backroom, decorated in hunting-lodge chic — dark wood, low lighting, stuffed-animal trophies.

The room was packed with a rainbow coalition of nerds and bros, programmers and entrepreneurs, speculators and true believers. One-quarter of the crowd were newcomers anxious to learn more about this mysterious, new money machine. Everyone was asking, “What’s your favorite coin?” and “What looks good?”

I was reminded of the afternoons that I used to spend at the Meadowlands Racetrack, shooting the shit with old-timers and straining to overhear good tips from the handicappers. In crypto, as in horse racing, everyone’s got their own system. Some traders love investing in Initial Coin Offerings, or ICOs — the process by which new coins are launched onto the market, intentionally named to mimic Initial Public Offerings. Others watch the trading charts, hoping to apply traditional financial models to crypto price action. Still others trade based solely on Twitter and chat-room rumors.

Standing at the bar, I met Rob Behnke, a 33-year-old entrepreneur, musician, and veteran trader who describes his history with cryptocurrencies as “rocky but passionate.”

Behnke caught the bug at the end of 2013, when bitcoin’s price first crossed the $1,000 barrier. In the following months, he enjoyed “some serious profits” that didn’t last long.

“I went all-in on the low-cap altcoin scene,” he said, referring to cryptocurrencies with the smallest market caps. With a well-timed investment, low-cap coins can return staggeringly high returns when they “moon” to 50, 100, or even 1,000 times their initial prices. Such growth can be driven by announcements, such as a strategic hire or a new business partnership. They’re also susceptible to pump-and-dump schemes, where shadowy groups conspire to drive up prices — only to cash out en masse, leaving the suckers behind. Because crypto is unregulated, these scams are impossible to prevent, not to mention prosecute.

“There was a lot of buzz around cloakcoin ($CLOAK),” Behnke explained, “but it ended up being a pump-and-dump … I lost 95 percent of my initial investment after only a few days.”

Still seeing “great potential in bitcoin and the community,” Behnke licked his wounds and set about rebuilding his portfolio. Today, he makes anywhere between 5 and 50 trades a week, though he no longer day-trades. Instead, he’s focused on ICOs, which are increasingly known as token sales and Token Generation Events, or TGEs. “I’m starting a family and about to be married,” he said. “My goal is early retirement in five years.”

With that, Behnke left and went to work the room on behalf of his new venture, the Token Agency, a marketing company that specializes in token sales and TGEs. Behnke’s start-up is one of many businesses that have sprung up to support the growing cryptocurrency field. Leveraging his knowledge as a veteran trader, Behnke helps other start-ups market and build community around their token offerings. As the saying goes, a gold rush is a good time to be selling shovels.

Waiting for my next drink, I met another entrepreneurial crypto trader. Reed Korach first dipped his toe into online commerce in 1999 when, at just 16 years old, he began eBay-ing antiques that he bought at yard sales. This led to internet marketing and helping others “sell their own e-books and physical products in various niches on Amazon,” he said.

Around this time, Korach came across his first digital money. Few realize that bitcoin was not the first digital currency. In the late ’90s, several experiments in “web currency” and “virtual money” crashed and burned, largely because of government interference. It’s been noted that, if the heavy hand of regulation hadn’t crushed these early experiments — beenz, flooz, e-gold — Satoshi Nakamoto may not have been inspired to create a decentralized network for bitcoin.

Korach still earns his living through e-commerce. He’s also deep into crypto. “I study trends, and then I buy after doing a ton of research,” he said. For example, the cannabis coins were very popular for a while in 2016, and they still gain in price around April 20, the pot-smoker’s holiday. “There are over 1,000 different projects, and it’s important to read about every single one of them. It’s easy to spot a scam coin if they don’t have a strong community … I spend most of the day and night now following the crypto world.”

He’s also what’s known as a “hodler”: a long-term investor. “I do not day-trade and only do research for projects to buy and hold … I am going to hold on to my crypto for a few years and hope for the best.”

For years, Tone Vays built risk models working as a quantitative analyst for Bear Stearns, J.P. Morgan, MFCI, and Axioma. When he first got involved with bitcoin in 2013, he “really liked it” — but only as a curiosity, not as a serious, tradable asset.

“From a tools perspective,” he said during a phone interview from his home in Staten Island, “altcoin trading and bitcoin trading was so amateurish … The more it evolved, the more ridiculous it seemed to me.”

Much of Vays’s skepticism stems from “exchange risk.” Even with today’s improved security and stability, Vays remains skeptical that altcoins can mature into legitimate financial products. Just because everyone’s making money, he said, that doesn’t mean that the markets are operating correctly. At the heart of current growth, he sees scams and manipulation.

“Most of these people know nothing about real trading,” he said. “They’re using all the tricks that were done in the early and late ’90s … Most of the money is made by people coordinating in chat groups who decide to pump these coins.”

Watching altcoins climb and crash so recklessly, Vays finds himself reversing one of his long-held positions as a financial professional. “I hated regulation back when I was at Bear Stearns and J.P. Morgan because I had restrictions on trading. I thought that was ridiculous. I was working in risk analysis — I didn’t have any proprietary information — but I had all this regulation on me.”

These days, he said, “I have a newfound respect for regulation.”

On his YouTube channel and podcast, CryptoScam, Vays is an outspoken bitcoin purist who’s skeptical of coins and tokens launched to great fanfare. He prefers developers “who don’t actively pump their coins. They’re not out there telling you how great it is, how everyone should be using it. They’re not out there sponsoring conferences. It’s ridiculous … These aren’t the kinds of projects that I want to support,” he says.

“You have to realize that you’re entering an unregulated space where you’re trading useless vaporware,” he said. “Yes, if you time it right, there’s plenty of money to be made. But if you continue to double down and double down and never pull anything out, all that value on paper will disappear. Nobody knows when.”

Victor Ramos is a 28-year-old native of Washington Heights who’s been trading for about four years. He got into bitcoin near its first peak in 2013; he was still living with his parents.

Initially, Ramos wanted to “mine” bitcoin on his own. For those who don’t know, in exchange for maintaining the blockchain, participating computers — known as “miners” — earn rewards for their owners in the form of transaction fees and newly minted coins. In other words, if you help maintain the encryption system that supports bitcoin, you’ll get some as a reward — an incentive structure that has created an enormous, energy-intensive competition among competing server farms, the largest being in China.

That’s what made bitcoin mining a practical impossibility for Ramos. Already, in 2013, bitcoin mining was dominated by large operations; with their massive computing power, they squeezed out home enthusiasts trying to run mining software on their personal computers and laptops.

Ramos turned to virtual mining pools, where a few bucks rent CPU time; members of the pool split their profits after paying a small fee to the operator. He focused on mining newer altcoins, where there wasn’t much competition. Slowly, he saw returns on his investment: $100 here, $300 there. It wasn’t F-U money, but it was enough to augment a college kid’s cash flow.

In 2014, he got involved with a “somewhat shady, secretive group” that was on the ground floor for nautiluscoin ($NAUT), the “bitcoin-like currency” launched by CNBC’s Brian Kelly. With a “$40 or $50” investment in mining rigs, Ramos made $10,000.

“I cashed out,” he told me over coffee at a midtown Au Bon Pain. “I was graduating college, and that made my whole summer.”

Ramos is engaged and working full-time as a buyer for programmatic advertising — another industry that didn’t exist just a few years ago. He’s also found a way to combine his hobby and vocation. Using his skills as an ad buyer, he runs campaigns to promote cryptocurrency services; these ads link to affiliate marketing codes that pay him for referrals. He also continues  to mine and trade.

Because he’s been around for a few years, Ramos can count himself among an early crew of believers who bought and sold crypto based on computing know-how, first-hand research, and gut instinct. And among those who got into it for the “right” reasons — quasi-ideological excitement about the possibility of a currency beyond government oversight, not giddy speculative interest in fast returns.

At 29, Josh Olszewicz is another one of crypto’s so-called OGs — a trader who survived bitcoin’s 2013 crash and the bear market that followed. He’s also a self-taught TA trader who pores over charts and graphs, looking for price movements and volatility that can be leveraged. We spoke over Telegram, a Slack-like messaging platform that’s popular with crypto traders.

Born in Michigan, Olszewicz earned an undergraduate degree in human biology at Michigan State; after holding a number of jobs in the medical sciences, he ended up at Johns Hopkins master’s program. He now lives “on the border of Maryland and Washington, D.C.,” where — having quit his most recent position as an ophthalmic technician — he trades cryptocurrency full-time.

Like many of the OGs, Olszewicz is true believer in bitcoin. “Originally, it was designed to challenge the current system,” he said. “What it has morphed into is probably something else.”

What is that, exactly? “I would categorize it as financial revolution, but that’s coming from someone outside of legacy finance,” he said. “Just going to the ATM or using a banking wire feels like it can be a better experience — and it is, with bitcoin.”

How does he feel about crypto’s newfound popularity? “Back in 2013 and 2014,” he said, “no one really cared, to be honest. It was just a bunch of degenerate misfits. Now, it’s degenerate misfits and Wall Street.”

When he’s not trading, Olszewicz is building his reputation as a crypto expert. He writes two or three TA articles every week, and he tries to keep his YouTube channel current. He’s also working out the details for a paid educational group. (“I think I can teach someone what I learned over a few years’ time in a few weeks.”) He’s also serving as a paid consultant for ICOs.

“Crypto changes so much from week to week,” Olszewicz said. “One year in crypto is like five years anywhere else.”

Of all the wisdom I’ve gathered in these last few months, it’s something that Tone Vays, the former quantitative analyst, said that’s stuck in my head: “Bitcoin doesn’t promise anything.”

Bitcoin has always been an experiment. Today, it’s an experiment with a market cap larger than PayPal’s, but it’s still a work in progress. “It started as a science project to see where it goes,” Vays told me. “It didn’t start out as a for-profit venture.”

For many, bitcoin’s experimental nature is off-putting. Rather than embrace this confusing but exciting new paradigm — which, yes, may crash and burn — they throw bombs. But they’ve been throwing bombs since bitcoin’s price hit $100, then $500, then $1,000. Will $BTC find its support levels above $20,000, or is another crash coming? Both, maybe.

As for me, I’ve split my positions into short- and long-term. Adhering to strict risk management, I’m actively trading just a few bitcoins at a time. The rest of my portfolio is distributed across hardware and paper wallets. If this article attracts any hackers, they’ll get very little from me.

As for my portfolio’s overall value? In the year-plus that I stubbornly held onto my Verge, its price rose and fell dramatically, up to 220-plus and back down to the 50s. Two weeks ago, its price pumped hard — and I could no longer resist. I sold most of my holdings at 444 Satoshi — a tidy 34-fold increase. With bitcoin trading near $20,000 at the time, I came away with mid-six figures after taxes. Not brownstone money, but it’s still cause for Champagne.

If only I’d held another week. Just before Christmas, Verge caught the attention of Forbes, Bloomberg, and Fool.com; the price skyrocketed above 1,400. Even with bitcoin struggling to hold at $15,000, I would’ve put more than $3 million in the bank.

*A version of this article appears in the December 25, 2017, issue of New York Magazine.

December 27, 2017 at 11:16PM

[legit-scam-review]

You Can’t Actually Buy A Frappucino With Bitcoin, But You Can Ship More Things On Blockchain

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.

Top Stories This Week

US Security And Exchange Commission Postpones Bitcoin ETF Until Fall

The U.S. Securities and Exchange Commission has delayed its decision on the listing and trading of a Bitcoin exchange traded fund (ETF) until September 30. The SEC is in the process of considering a rule change that would allow the fund, which is powered by investment firm VanEck and financial services company SolidX, to be listed on the CBOE BZX Equities Exchange.

WSJ Reports Price Manipulation In Crypto Conducted By Organized “Trading Groups”

According to this week’s article by the Wall Street Journal, cryptocurrency price manipulation is mainly conducted by organized “trading groups” that create “pump and dump” schemes on services like Telegram. According to the article, these groups can either create millions of dollars for themselves or be stung by the losses once all of the group dump a certain asset at the same time.

US DEA Agent: Ratio Of Criminal Activity To Legitimate BTC Transactions Has Flipped

U.S. Drug Enforcement Enforcement Administration agent Lilita Infante, who is a member of the Cyber Investigative Task Force, said this week that the number of illegitimate Bitcoin transactions has dropped to just ten percent of transactions. Infante added that she wanted people to keep using the blockchain, as it made them more easily identifiable.

Starbucks Denies Bitcoin Payment Method Hype After Misleading Media Reports

U.S. coffee chain Starbucks will not be accepting Bitcoin as payment for Frappuccinos or other drinks after a week of misleading article titles implied the opposite. After last week’s announcement by the operator of the NYSE that they would be creating a new digital asset ecosystem with Starbucks as a partnered, a wave of news reports falsely represented that Starbucks would accept crypto for coffee, while really customers will rather be able to convert BTC into fiat which can then be used at Starbucks.

Jamie Dimon Breaks Crypto Silence, Calls Bitcoin A “Scam”

JPMorgan CEO Jamie Dimon said this week that Bitcoin is a “scam” and that he has “no interest” in it, while speaking at the Aspen Institute’s 25th Annual Summer Celebration Gala. According to Bloomberg, Dimon further “suggested governments may move to shut down the currencies [cryptocurrency], because of an inability to control them.” Dimon had told reporters last October that he wasn’t going to talk about Bitcoin anymore after a series of negative crypto comments in the fall.

Most Memorable Quotations

“The potential for an [exchange-traded fund] is causing investors to decide that bitcoin is the best house in a tough market,” — Tom Lee, Fundstrat’s head of research

“The main thing to remember is that bitcoin is very early-stage venture, but has real-time price feed — and that’s a unique thing. People get excited about the price and overreact,” — Dan Morehead, CEO of Pantera Capital

Laws And Taxes

Judge Advances Securities Class Action Case Against Tezos Creators

A U.S. District Judge has refused to dismiss a suit against the husband and wife duo behind blockchain project Tezos, who are currently accused of violating U.S. Securities and Exchange Commission (SEC) regulations through the sale of unregistered securities in the U.S. Although the Tezos creators maintain their fundraiser took place in Switzerland, outside of U.S. jurisdicion, the judge has disagreed.

Adoption

Commonwealth Bank of Australia To Issue Bond On Blockchain Per World Bank Mandate

The largest bank in Australia, the Commonwealth Bank of Australia (CBA), has been mandated by the World Bank to arrange a bond issue entirely on a blockchain. The Blockchain Offered New Debt Instrument (bond-i) will be issued and distributed on a blockchain platform under the operation of the World Bank in Washington and CBA in Sydney. For now, the two organizations are using a private Ethereum blockchain, but the CBA noted it was open to alternatives.

Study Shows ICO Market Has More Than Doubled Since Last Year

A study conducted by independent rating agency ICORating has found that the Initial Coin Offering market has more than doubled in a year. According to the agency’s report, ICOs in 2018 have already raised over $11 billion in investments, a figure which it purports is ten times larger than the sum of investments from ICOs in Q1-2 2017.

Goldman Sachs Reportedly Plans to Offer Custody For Crypto Funds

Sources told Bloomberg this week that Goldman Sachs is planning to offer its clients custody for cryptocurrency funds, as the bank says that it remains “undecided” on its cryptocurrency plans. A spokesperson for the bank said that they are exploring “various digital products” in response to client interest.

Chair Of U.S. House of Representatives Judiciary Committee Reveals Crypto Ownings

Congressman Bob Goodlatte, a Republican representing Virginia, disclosed that he owns between $17,000 and $80,000 in cryptocurrency in what may be a first for a member of Congress to publicly report their crypto holdings. According to his release, the Congressman has principally invested in Bitcoin (BTC), with some holdings in major altcoins Ethereum (ETH) and Bitcoin Cash (BCH).

Another Swiss Bank To Accept Cryptocurrency Assets As Market Demand Increases

The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, citing the new market demands and the rise of cryptocurrencies’ popularity. The private Zurich bank has decided to accept crypto assets from payments received for services rendered, as well as those earned from crypto mining, but notes they are not ready to provide direct cryptocurrency investments.

Mergers, Acquisitions, And Partnerships

UK Financial Authority Launches International Initiative For Fintech Cooperation

The UK Financial Conduct Authority has announced the creation of a global initiative, made up of 11 financial authorities and related organizations, to work together in in order to help fintech firms interact more easily with regulators from different countries. The Global Financial Innovation Network (GFIN) aims to consult on topics such as the growth of technologies like distributed ledger tech and artificial intelligence (AI), as well as the regulation of securities and Initial Coin Offerings (ICO), among others.

Maersk, IBM Launch Global Blockchain-Based Shipping Solution

IBM and Danish transport and logistics giant Maersk have launched their global blockchain-enabled shipping solution, made up of 94 organizations. The global supply chainplatform, TradeLens, has already captured 154 million shipping events, and its dataset is reportedly growing at a rate of close to one million shipping events a day.

Winners And Losers

The crypto markets are still in the middle of their slump this week, with Bitcoin trading at around $6,583 and Ethereum at around $324 by press time. Total market cap is now at around $215 billion.

The top three altcoin gainers of the week are InflationCoin, Jesus Coin, and Galaxy eSolutions. The top three altcoin losers of the week are Artex Coin, VeThor Coin, and Network Token.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

FUD Of The Week

Wall Street Analyst Says Bitcoin Is “Game Over” If It Breaks Year-To-Date Support

Renaissance Macro Research’s head of technical research Jeff deGraaf concluded it may be “game over” for Bitcoin (BTC) in a new analysis if the cryptocurrency breaks its year-to-date support. In a note to clients, deGraaf, also claimed that Bitcoin’s price movements suggest the largest cryptocurrency is “permanently impaired.”

Bitcoin ATM Malware Found Available For Purchase Online

Tokyo-based security software manufacturer Trend Micro has found Bitcoin (BTC) ATM malware available for purchase from an “apparently established and respected” user on a darknet forum. For the price of $25,000, criminals could purchase Bitcoin ATM malware accompanied by a ready-to-use card with EMV and near-field communication (NFC) capabilities. The software exploits a BTC ATM vulnerability, allowing fraudsters to receive the BTC equivalent of up to 6,750 U.S. dollars, euros, or pounds.

Research Shows Twitter Crypto Scam Bots Number Around 15,000

An analysis of 88 million Twitter accounts has revealed more information on infamous phenomenon of cryptocurrency-related Twitter accounts advertising fake “giveaways,” finding a network of at least 15,000 scam bots. The researchers looked at the latest 200 tweets from each account, unearthing a mesh of 15,000 bots at work spreading fake competitions and impersonating some of the cryptocurrency industry’s best-known figures and businesses.

Chinese Bitcoin Trader Sues OKCoin Over Alleged Prevention Of BCH Release

A Chinese Bitcoin trader has sued the crypto exchange OKCoin for reportedly not permitting him to withdraw Bitcoin Cash after the Bitcoin forked. A local news agency reported that this is the first legal action in China that involved last year’s fork of Bitcoin. According to the lawsuit, the crypto investor has accused the exchange of blocking him from receiving 38.748 BCH that he was due after Bitcoin’s August 2017 hard fork.

UK Financial Regulator Warns Against Two Crypto “Clone Firms”

The U.K. Financial Conduct Authority (FCA) has warned investors about two so-called “clone” companies this week, i.e. companies that carry out business activities under the pretense that they are a firm registered by the FCA. One clone, Fair Oaks Crypto, allegedly aims to hoodwink potential scam victims by claiming that they represent Fair Oaks Capital. The other named rogue firm, Good Crypto, was giving out “false details or mix[ing] these with some correct details of the registered firm,” which in this case was London-based Arup Corporate Finance.

Best Features

How to Lose $3 Billion of Bitcoin in India

Bloomberg takes its readers through a complex tale of cryptocurrency fraud, alleged extortion, kidnapping, and more involving a series of business partners, policeman, and even a former politician.

Blockchain: A Manifestation of the Borg?

A humorous comparison of how blockchain technology and the fictional alien race featured on the original Star Trek, the Borg, are actually quite similar due to their hive mentalities, strive for perfection, and ability to disrupt. In the author’s words: “The Borg’s catch phrase, ‘Resistance is Futile’, might as well be applied to blockchain.”

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Crypto News - Achain Enters Phase 2 of its Development: ‘Galaxy’

Achain Enters Phase 2 of its Development: ‘Galaxy’ Tony Cui, the CEO of Achain — a public blockchain platform that enables developers of all levels to issue tokens and create smart contracts, decentralized applications, and blockchain systems — has written an open letter to the platform’s dedic... You May Likes reading: Also Read: Latest Crypto News

Achain Enters Phase 2 of its Development: ‘Galaxy’

Tony Cui, the CEO of Achain — a public blockchain platform that enables developers of all levels to issue tokens and create smart contracts, decentralized applications, and blockchain systems — has written an open letter to the platform’s dedicated users and investors. In addition to detailing the successes of the project’s first phase, Cui officially announced the launch of the project’s second phase: Galaxy.

Phase One’s Successful Advancements

Phase One, also known as The Singularity Phase, saw many successes for Achain.

In addition to building a stable and secure blockchain, the team at Achain proved the efficiency of its network with a peak transaction rate upwards of 1000 transactions per second. It also eliminated a variety of bugs and errors in both ACT transactions and other token transactions on the Achain blockchain.

Additionally, the Achain team optimized its Lua Virtual Machine (LVM) — crafting a much smoother and more stable experience for the execution of contracts — while also adding a 2-layer cache to deal with impending peak impacts.

Other improvements include the addition of a multi-asset apparatus to further accelerate transaction speed, as well as the setting up of a test environment for contract development.

The platform also released a light and more convenient version of the Achain Wallet, which doesn’t require local synchronization with the network — significantly speeding up usability when compared to the full client, which itself requires a sometimes lengthy synchronization between all nodes. The Lite Wallet’s transactions are conducted on pre-synchronized servers and are created, signed, and broadcast locally. Best of all, the Lite Wallet is completely secure and safe.

Achain has also made itself compatible with most major operating systems, including Windows, Mac OS, Ubuntu, CentOS, and Fedora — with Oracle Linux and Debian support on the horizon. Tony Cui, CEO of Achain, wrote:

All these achievements are just the beginning of where Achain is headed. There are greater things to accomplish on the road ahead. To others, Achain is just another public blockchain, but to myself, it is a blockchain platform that will enable and empower people who want to build something magnificent. It is a planter of decentralized apps and, a cradle of ideas and an incubator of possibilities.

What’s Next?

With Phase One (Singularity) coming to a close, Phase Two (Galaxy) is ready for liftoff. Cui notes:

The year 2018 is a turning point for Achain. Now we are transitioning from phase one Singularity to phase two Galaxy, where we will build a connected blockchain system that will empower corporations and individuals alike.

The Achain team is currently organizing a collection of technical discussions on a cross-solution meant to benefit everybody in the entire Achain ecosystem by making transactions more secure. Furthermore. the sharing of data will tear down the walls hampering companies from participating while providing further value to businesses.

Also next up for Achain will be the implementation of an intermediary chain. Such a chain will create a channel of token-to-token, token-to-data, and data-to-data exchanges between blockchains cloned by Achain. Cui explained:

The Achain team is committed to building a boundless blockchain reality and is always working to improve and perfect the Achain global network.

For more information about Achain, please visit achain.com and stay up to date with the latest news and developments on Twitter, Facebook, and Telegram.

What do you think of Achain’s first phase? Do you think its second phase will be equally, if not more, successful? Let us know in the comments below!

Images courtesy of PxHere, Achain

The post Achain Enters Phase 2 of its Development: ‘Galaxy’ appeared first on Bitcoinist.com.

  source: http://bitcoinist.com/achain-enters-phase-2-development-galaxy/

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