Mar.27 morning

#Morning The best things in life are unseen，thats why we close our eyes when we kicry and dream.

@ http://www.yksind.com/ 

Report: Twitter Prepares Ban on Crypto Ads

Twitter is reportedly preparing to prohibit advertisements for ICOs, token sales, and cryptocurrency wallets. The new advertising policy is expected to come into effect in a couple weeks. The microblogging site is said to impose a ban on ads for crypto exchanges, as well, bar a few exceptions. The policy change is yet to be confirmed officially.

Some Trading Platforms May be Excluded from the Ban

Following similar moves by Facebook and Google, Twitter is now preparing to ban crypto-related advertisements on its platform. The new advertising policy will be implemented in two weeks, Sky News reported without revealing the source of its information.

The upcoming rules will likely prohibit advertisements for initial coin offerings (ICOs), token sales, and cryptocurrency wallets globally, according to the report. The reasoning behind Twitter’s decision is unclear. Other companies imposing restrictions on crypto content have cited concerns over illicit activities and fraudulent ads.

The ban may also include advertisements for cryptocurrency exchanges. The report suggests, however, that the new policy will be launched with some “limited exceptions” in regards to trading platforms. There has been no official confirmation of the policy change yet.

Restrictions Mounting across the Web

The news about the expected Twitter ban on crypto-related content comes amid increasing regulatory pressures and after similar decisions by the most popular social network Facebook and Google, the biggest global search engine. Analysts believe the announcements have contributed to the recent dips in the cryptocurrency markets.

Facebook issued its ban on crypto ads in January, claiming the measure comes after persistent complaints by users about spam and fraudulent cryptocurrency ads. It stated that advertisements should not promote financial products and services frequently associated with misleading or deceptive promotional practices. The warning was targeting ICOs and cryptos.

More recently, Google announced its plans to restrict ads of cryptocurrencies and content related to initial coin offerings, exchanges, wallets, and crypto trading advice. The company intends to implement the new rules by June, 2018, as news.Bitcoin.com reported. The updated Financial Services Policy leaves room for some ads to be published after getting certified by the company.

Google’s move has already provoked reactions from the crypto community. According to Russian media reports, the first lawsuit against the ban has been filed in a Moscow district court. Other reports suggested that the biggest Russian search engine Yandex (Яндекс) has also decided to quit publishing advertising materials related to cryptocurrencies, mining projects and ICOs. Later, Yandex’s press office denied these rumors, saying no changes had been made to the advertising policy of the company.

Source from: Bitcoin.com

Link: http://www.yksind.com/ 

This April the World Blockchain Forum Returns to Dubai

This year the World Blockchain Forum, a two-day conference held in Dubai, will host an abundance of innovation that gives a glimpse towards the future of finance. The next-generation internet technology is set to transform the nation of Dubai as it aims to be the first blockchain-focused country by the year 2020.

Crypto-Infused Innovation Gathers in Dubai for the World Blockchain Forum

On April 16-17 at the World Blockchain Forum (WBF) in Dubai, many individuals and businesses will gather in the Gulf region to discuss blockchain and cryptocurrency solutions. Dubai hopes to be a leader within the blockchain realm worldwide, and by 2020 it will attempt to be the first blockchain powered government. This year the event will host an array of initial coin offering (ICO) pitches for those interested in the tokenized economy and revolutionary crowdfunding model.

WBF will have a vast amount of speakers from Dubai and all over the world. This includes the Director of the Cybercrime Department and Criminal Investigation Dept. at Dubai Police headquarters, Col. Saeed M. Alhajri, and the CEO of Strategic Affairs at Department of Economic Development, Mohammed Shael Al Saadi, the Dubai Future Foundation’s Dr. Noah Raford, Netki’s Dawn Newton, the co-founder of Bitoasis Ola Oudin, Vanessa Grellet from Consensys, Binary Financial’s Harry Yeh, and many more special guests.

Dubai is Embracing New Technologies Faster Than Any Other Countries

The event will have many exhibits featuring the innovative technologies such as bitcoin, cryptocurrencies, and token sales. The event will host a large assortment of ICO pitches that will provide a glimpse at the red-hot crowdfunding model and some of the startups producing ideas that aim to innovate finance and many other business concepts. This week news.Bitcoin.com spoke with Keynote Events, Moe Levin, who explains how excited he is about the third annual WBF in Dubai.

“This is the third year we’re doing the event in Dubai — and the local community continues to grow, and more and more traditional investors are coming out of the woodwork,” Levin explains.  

What we see in the entire Gulf region is a huge demand for more information and, as is tradition in the region, they are embracing new technologies faster than any other countries, and creating frameworks and regulations to support new companies getting into the space.

Tickets to the WBF event in Dubai can be purchased today which provides access to the two-day conference, catering and breaks, access to the speaker hall and exhibits, and every attendee will receive a conference schedule. Residents from the Middle East and all over the world do not want to miss this conference that aims to give participants the educational resources to understand this emerging crypto-economy.

Source from: bitcoin.com

link: amzn.to/2DkM5fI 

Singlepoint Launches Bitcoin Payment Solution for Cannabis Industry

Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks.

Singlepoint’s Bitcoin Solution

Publicly-traded holding company Singlepoint (OTC:SING) has announced the soft launch of its Singleseed bitcoin payment solution. A subsidiary of Singlepoint, Singleseed is a B2B provider of cannabis-based technology services, including payments, marketing, and web development. Singlepoint elaborated:

Providing a user-friendly transactional platform will provide cannabis merchants with additional easy-to-track method of accepting non-cash payments while strengthening Singlepoint’s brand awareness and market position.

Singlepoint started building this new service back in 2014. The company described it as “a payment service to make instant bitcoin-powered purchases possible when all you have is a credit (or debit) card.” It can be used at any point of sale, by any businesses, from convenience stores to medical and recreational cannabis dispensaries.

The system has been built to accommodate bitcoin (BTC) payments, but will be extended to facilitate other cryptocurrency payments, including ether (ETH), the company noted.

Crypto Exchange and Wallet Coming Soon

In addition to the bitcoin-based payment solution, Singlepoint is working on a cryptocurrency exchange. The company says it “anticipates launching the exchange in upcoming months.” Furthermore, it is building a crypto wallet for merchants and consumers to hold a number of cryptocurrencies, in collaboration with Appswarm, another listed company. Appswarm (OTC:SWRM) develops and publishes mobile and business apps. Singlepoint detailed:

Singlepoint and Appswarm (SWRM) have collaborated to quickly develop a secure crypto wallet…The wallet is near completion and will be pushed to testflight in the next 10-14 days.

Singlepoint has been increasing its market share in the cannabis industry by acquiring stakes in related companies. In February, it signed a Letter of Intention to acquire a stake in California cannabis cultivation MTH Development Group (MTH) which currently operates 4.7 acres of land zoned for cannabis cultivation. In the same month, the company expands its joint venture with Smart Cannabis, a public equity corporation advancing the agriculture and cannabis industries and growing through acquisition, strategic alliances, and proprietary intellectual property.

CEO Greg Lambrecht estimated, “Based on our current position, we are projecting about $1.25 million in revenue for 2018,” but noted that “However, we have set a goal of $10 million for the year through internal sales and acquisitions.”

Source from: bitcoin.com

Link: http://www.yksind.com/

Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks Redundant

Bitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they are in power as it threatens their position. Once out of power they are freer to appreciate the freedom a decentralized economy may bring, as exemplified by someone who was once one of the most powerful men in Washington, Steve Bannon, now hailing cryptocurrencies as the key to national liberation.  

Bitcoin Will End the Fed?

U.S. President Donald Trump’s former chief strategist, Steve Bannon, has said in a speech on Tuesday that blockchain-based cryptocurrencies can help bring about liberation for Western nations from under the control of all powerful central banks such as the Federal Reserve and the ECB and the ruling “permanent political class.”

“Central banks are in the business of debasing your currency,” he proclaimed. “Central governments are in the business of debasing your citizenship.” However, Bannon reassured that audience that with the use of cryptocurrencies “We take control of the central banks away. That will give us the power again.”

International Economic Nationalism

The former executive chairman of the alt right platform Breitbart News, which served a pivotal role in the election of President Trump according to many American political observers, was speaking to a crowd of 1,500 right wing Europeans in Zurich, Switzerland on Tuesday. He has been touring Europe with his message of economic nationalism, seeking to empower new local populist parties in the region to achieve victory over the establishment as he has done in the latest US elections.

According to Bannon, it isn’t only central banks that cryptocurrencies can help defeat but also powerful Silicon Valley corporations like Google and Facebook. By letting them control all our personal data and mine it for their profit we have given over our identities to these tech giants, making the average man into nothing more but a “serf”, he asserts.

However, he assured that with the help of cryptocurrencies victory is possible. “Control of data, citizenship and currency will be true freedom,” Bannon told the Swiss crowd.

Source from: Bitcoin.com

Link: http://www.yksind.com/

New Study Looks at the Cost to Mine BTC Across the Globe

Just recently the firm Crescent Electric Supply Company conducted a study that showed the cost of mining one single bitcoin in each state in the U.S. Since then the company’s subsidiary business Elite Fixtures took the research further by charting the cost to mine a single bitcoin in each country across the world.

The Cost to Mine a Single BTC Throughout 115 Different Countries

Many people are very interested in how cryptocurrency networks function, and a lot of people are especially curious about bitcoin mining as far as cost and where concentrations of miners reside. So the company Elitefixtures.com decided to conduct a study which mapped the cost to mine one single BTC throughout a vast majority of countries located within the globe. Elite looked at data across 115 different countries based on average electricity rates found in government data.

Elite then used the statistics from the Bitmain produced Antminer S7, the S9, and Canaan Creative’s Avalon 6. Then the firm calculated the number of days it would take to mine a single coin based on BTC difficulty throughout January of 2018. The Elite research team measured the cost of electricity and amount of power needed to produce one coin. According to the firm’s study, a single Antminer S9 consuming 17,773.344 kilowatts would need to mine for 548 days at peak performance to mine a single BTC. Canaan’s Avalon 6 would take 2194 days to produce one coin Elite details.

South Korea and Other Regions Show Mining BTC is Unsustainable

The company’s research reveals some interesting statistics on the most expensive and cheapest nation states to mine BTC. South Korea is the most expensive according to Elite’s figures as one single coin would cost $26,170 using the country’s power rates. Other areas in the world where it is really too expensive to mine bitcoins includes Solomon Island, Niue, Bahrain, and the Cook Islands.

Miners Thrive in Areas Like Venezuela and China  

Venezuela is the cheapest country to mine a BTC ($531 USD per coin) alongside countries with a lot of government subsidization for electricity resources. China is the 17th cheapest nation-state as it only costs 3,172 USD to mine a single bitcoin there. Other countries where the cost is super low for bitcoin miners to produce coins include Ukraine, Myanmar, Tobago, Uzbekistan, and Trinidad. Russian mining is cheap according to Elite’s data as it costs $4,675 to mine a single coin in Russia. Just a hair above that is the U.S. the 41st cheapest region to mine BTC with an average of $4,758 per coin. But some states in the U.S. are much cheaper to mine BTC like the cheapest state Louisiana which costs $3,224. However, in Hawaii its $9,483 per coin to mine BTC on the island.

It goes to show there are definitely regions across the globe where it’s very cheap to mine BTC but on the other hand there are areas where it’s not sustainable at all. With these types of metrics, its likely cheaper areas around the world will continue to see large concentrations of miners unless their government doesn’t approve the activity.

Source from: Bitcoin.com

Link: http://www.yksind.com/

The perseids

#Theperseids One day a certain period of a certain day of a meeting, changed your life.