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#USA Extend Fertility banks $15M Series A to help women freeze their eggs

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Fertility services are raising venture cash left and right. Last week, it was Dadi, a sperm storage startup that nabbed a $2 million seed round. This week, it’s Extend Fertility, which helps women preserve their fertility through egg freezing.

Headquartered in New York, the business has secured a $15 million Series A investment from Regal Healthcare Capital Partners to expand its fertility services, which also include infertility treatments, such as in vitro and intrauterine insemination. The company has also appointed Anne Hogarty, the former chief business officer at Prelude Fertility and vice president of international business at BuzzFeed, to the role of chief executive officer. Hogarty replaces Extend Fertility co-founder Ilaina Edison, who had held the C-level title since the business launched in 2016. Edison will remain on the startup’s board of directors.

Extend Fertility, in its New York cryopreservation and embryology lab and treatment center, completed 1,000 egg-freezing cycles in 2018.

“A lot of amazing things have happened for women over the last century,” Hogarty told TechCrunch earlier this week. “Now, women are permitted and encouraged to seek higher education, pursue a career, follow their dreams and end up with a partner who’s the right partner, not just any partner. Doing all those things has pushed the window for when women want to start a family from their 20s to their 30s and unfortunately, one thing that has not changed in that time is the biological clock.”

Hogarty explained Extend’s fertility services are more affordable than other options because the lab was built specifically with egg freezing in mind and later expanded to offer infertility treatments, whereas other services were established to provide IFV and other infertility treatments and integrated cryopreservation tools later.

We are really purpose-built to be an egg-freezing-first company, where many legacy institutions that were providing infertility services have legacy costs that come with … inefficiencies bred over decades and outmoded technology in their labs that may not be the most efficient and effective,” she said. “We have a state of the art lab with the latest equipment.”

It’s the classic innovator diploma,” she added. “Infertility services are extraordinarily expensive and reproductive endocrinology is a new area of medicine. There are a lot of people and institutions that have been taking inordinate amounts of money for their infertility services so they weren’t looking to serve this population of women looking to preserve their fertility.”

One egg-freezing cycle with Extend costs women $5,500, and additional cycles come at a sticker price of $4,000. Each cycle includes a fertility assessment, private consultation, anesthesia and any monitoring a patient may need during their cycle. The costs don’t include medication, however. Extend can prescribe medications — which typically cost between $2,000 and $5,000 for fertility patients — but they still need to go through a third party to get their prescriptions filled and paid for. 

For reference, FertilityIQ, an online platform for researching fertility care providers and treatments, says the typical cost per cycle for egg freezing is more than $17,000 in New York City or $15,600 in San Francisco. Most egg-freezing services, including Extend, do not accept insurance, as most insurance providers don’t cover the steep costs of fertility or infertility treatments.

Some companies, however, are beginning to offer benefits that cover these costs. Facebook and Apple, for example, began subsidizing egg-freezing procedures for employees in 2014. Spotify and eBay, for their part, will pay for an unlimited number of IVF cycles.

Hogarty said Extend’s price point makes it one of the lowest-cost players in the market.

“We want as many women as possible to benefit from the advances from egg-freezing technology,” she said.

Extend Fertility, which has previously raised $10 million, plans to use the latest investment to open labs in new markets and expand its infertility services.

from Startups – TechCrunch https://tcrn.ch/2Tz603n

#Africa Election 2019: Cross River women demand 50% inclusiveness

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Women in Cross River state have demanded 50% inclusiveness in the next government. The women in the state said it would be important to have many women from the state as commissioners and ministers. The demand was made by the first lady of Cross River state on behalf of the women.

Some women in Cross Rivers state have demanded 50% affirmative action from the next government at all levels across states in Nigeria.

The women who made their demand during the visit of Jennifer Douglas-Abubakar, the wife of the presidential candidate for the Peoples Democratic Party (PDP), Atiku Abubakar to Cross River state.

In continuation of Atiku’s wife’s series of town hall meeting across states in Nigeria, the first lady of Cross River state Linda Ayade said, although the women would pull out 50% of the total votes, it would be necessary that they get 50% inclusiveness when the government is formed.

Linda who spoke on behalf of the women in the state said it would be important to have many women from the state as commissioners and ministers.

“When we say this state is for PDP 100%, be assured that more than 50% of them are women. We are warriors and we want to assure you that we shall go out there and win the trophy,” Linda said.

“In Cross River, no woman no vote. We shall prove to Nigerians that Cross River state has political weight.

“As we pull our weight and pull 50% in Cross River, we also demand that in this state, the women affirmative be increased to 50%.

“We are going to pull 50%. We’ll contribute 50%, we’ll get 50%. We want some of you here to become commissioners, political office holders,” she added.

In her reaction, Jennifer said the programs and policies mapped out for Nigerian women by her husband would not be possible if the women did not mobilise massively for his victory.

“Atiku will not do anything for you if you do not vote for him to get to Aso Rock. You have to work hard for him to be voted into office. Go and collect your PVCs.

“It is going to be a defining election. It is done. When the sun rises tomorrow, we will send Atiku to Aso Rock,” Jennifer said. Jennifer who was accompanied by Margaret Obi, wife of the PDP vice presidential candidate, told the crowd that, the Atiku and Obi team had a better policy on job creation, restructuring, education and other areas of concern in the country.

Also Senator Florence Ita-Giwa, former special adviser to President Olusegun Obasanjo on National Assembly matters said she had to return to PDP for the sake of Atiku Abubakar.

“I served Atiku as Adviser for 4 years. Even me as Adviser, I can make a good President, not to talk of a man who works 24 hours.

“We want human being to be president, not somebody who is not reachable or can not communicate,” Ita-Giwa said. In his remark, the governor of the state Ben Ayade assured Mrs. Abubakar of total support for the PDP candidates in the forthcoming elections. He also urged women in the state to, “come out on Friday to receive Alhaji Atiku Abubakar”, who will be visiting the state for presidential campaign.

Mrs. Abubakar also visited the Obong of Calabar’s palace, where the entire traditional council gave blessings to the aspiration of her husband.Meanwhile, LEGIT.NG previously reported that Atiku had said he would end the lingering strike by university lecturers in the country, from his first day at work.  Atiku made the pledge on Sunday evening at the Silverbird Man of the Year event which took place in Lagos. Legit.ng gathers that the former vice president referred to the ongoing ASUU strike as “disgraceful”; and hence, will receive his first attention as president if voted into office in the February 16 presidential election.

The post Election 2019: Cross River women demand 50% inclusiveness appeared first on Disrupt Africa.

from Disrupt Africa http://bit.ly/2DnheB5

#Blockchain The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

The Daily: Huobi Launches Trading Pairs With USD, Airswap Introduces Fiat-to-Crypto Exchange

In this edition of The Daily, we cover two announcements regarding fiat-to-crypto trading services. The U.S. subsidiary of Huobi has introduced pairs between three cryptocurrencies and the U.S. dollar and peer-to-peer platform Airswap has enabled users to exchange fiat currency for ethereum. There’s also a new development in the Quadrigacx saga – a judge has granted the troubled exchange temporary protection from creditors.   

Also read: 13% of Shoppers Would Buy Amazon Crypto, Wirex Adds Stablecoin

Huobi Introduces Fiat Trading in the US

The U.S. subsidiary of Singapore-based cryptocurrency exchange Huobi has launched trading pairs with USD, the platform announced on its website. Currently, verified users are able to purchase and sell bitcoin core (BTC), ethereum (ETH), and the dollar-backed stablecoin tether (USDT) with U.S. dollars, the post details.

To take advantage of the new fiat services, traders need to register for an Hbus account on the Huobi Marketplace, pass level one and two verifications via the ‘Account & Security’ tab and accept the terms under ‘Open a USD wallet.’ The option is available via the ‘Balances’ section.

The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

The USD support has been provided through a partnership between Huobi.com and custody and escrow services provider Prime Trust. Users are also required to open a Prime Trust account and link it to their Hbus account. Hbus is the San Francisco-based partner of Huobi Global that runs the U.S. trading platform.

Huobi plans to reward the first 500 customers who open a USD wallet with 20 USDT. However, only traders residing in the U.S. are eligible to receive the rewards.

Airswap and Wyre Offer Support for Fiat Currencies

Thanks to a new partnership with Wyre, peer-to-peer trading network Airswap allows users to exchange fiat currency for cryptocurrency. The platform supports USD, GBP, EUR, and AUD. According to a post on Medium, traders will be able to purchase ETH with these currencies within their noncustodial wallet using the Airswap trading interface.

The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

Wyre is a registered money service business licensed to operate in over 40 U.S. states. The integration between the two platforms allows investors to purchase cryptocurrency via ACH/wire bank transfers, without the need to deposit funds onto a centralized exchange. Commenting on the partnership, Wyre CEO Michael Dunworth stated:

Peer-to-Peer/OTC style trading is always a strong starting point for building meaningful liquidity. Airswap really gets this. Working with them to mitigate counter-party risk, without compromising on meaningful liquidity is so exciting to be part of.

Airswap noted in a statement that by enabling a fiat on-ramp to the network, it will “empower users to always maintain control of their private keys in an environment dedicated to supporting peer-to-peer trade.”

Judge Grants Quadrigacx Reprieve From Lawsuits

Crypto exchange Quadrigacx, which lost access to cryptocurrency worth millions of dollars after its founder’s alleged death, has been granted temporary protection from creditor lawsuits. Judge Michael Wood ordered a 30-day stay that precludes filing of claims against the digital asset trading platform, one of the largest in Canada.

Thousands of investors have been left without their funds after 30-year-old CEO Gerald Cotten reportedly died in December of complications from Crohn’s disease while in India, and some of them have threatened lawsuits. Cotten is believed to be the only person who had the passwords for the cold wallets containing around 190 million Canadian dollars (~$143 million) in cryptocurrencies.

The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

“Despite repeated and diligent searches, I have not been able to find [the passwords] written down anywhere,” his widow Jennifer Robertson said in an affidavit, quoted by RTE. According to a court document, Quadrigacx owes 115,000 users a total equivalent to 250 million Canadian dollars (~$188 million).

Quadrigacx’s lawyer Maurice Chiasson told the court the company needs time to find the money it owes. The exchange is currently considering selling its platforms to cover the debts. A third-party monitor, Ernst & Young, has been appointed to help Quadrigacx manage its finances.

What are your thoughts on today’s news tidbits? Tell us in the comments section.


Images courtesy of Shutterstock.


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The post The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2SBkDG3 The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

#USA Dixa, the ‘customer friendship’ platform, raises $14M

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Dixa, a Copenhagen-based startup that offers a platform to help companies provide better and more consistent customer service across multiple channels, has raised $14 million in Series funding. The round is led by Project A Ventures, with participation from early investor SEED Capital.

Founded in 2015 by Jacob Vous Petersen and Mads Fosselius, Dixa is on mission to end bad customer service with the help of smarter technology to facilitate more personalised customer support. Dubbed a “customer friendship” platform, the cloud-based software works across multiple channels — including phone, chat, e-mail, and Facebook messenger — and employs a smart routing system so that the right support requests reach the right people within an organisation.

“The problem for customer facing support teams today is that tickets, shared in boxes and legacy call center solutions limit brand’s ability to connect to their customers where they want to and add extra administrative burdens that ultimately harms the customer experience,” co-founder and CEO Mads Fosselius tells me.

“Despite companies and brands have promised stellar customer experiences and service the past 5 years based on digital transformation (example chatbots, self-service etc.) and technology vendors has promised even more, the facts are that 75 percent of all customers have had a bad customer experience within the past 6 months, and 70 percent say they will leave a brand after just one bad experience,” he says, citing Salesforce’s recent ‘State of the Connected Customer’ 2018 report.

Dixa’s solution is described by Fosselius as a “next-gen” customer engagement platform built for personal and insightful conversations across all channels. To various degrees, it competes with Zendesk, Freshdesk, Salesforce Servicecloud and Avaya, Cisco, and 8×8. “Dixa is different as it’s a one channel-neutral platform and it works [how[ friends connect and communicate, but for engagement between brands and their customers. We call it a ‘Customer Friendship’ platform”.

This sees Dixa help companies ensure that customers can always get the help they need when they need it and on the channel they prefer. The software’s algorithms smartly re-route requests to the correct human or bot based on a raft of data. This includes past conversations, orders, reviews, and sentiment. Additionally, the context is taken into account, such as the communication channel used, webpage visited, device etc., and the skills plus availability of the relevant customer facing employee.

The result, says Dixa, is a system that makes it possible to deliver a consistent level of personal service, regardless of how the customer reaches out.

To that end, the Dixa platform is targeting “customer-centric” brands with 5-500 customer-facing agents, such as scale-ups and companies in the travel, e-commerce, fintech and transport/delivery sectors. Its current customer base spans 23 countries and includes brands like Bosch, Interflora, Danish design icon Hay, and food waste movement company Too Good to Go.

Adds Fosselius: “We don’t believe in tickets and siloed ‘silver bullet’ customer support solutions doing one thing or one channel very well, the world of customer support is moving towards conversational customer engagement or ‘customer friendship’ as we like to call it, where the strong bond and relation between brands and customers are the center piece”.

from Startups – TechCrunch https://tcrn.ch/2DZc6Vc

#Blockchain ‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support

'India Wants Crypto' Campaign Passes 100 Days With Growing Support

A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Campaign for Positive Crypto Regulation

Friday marks the 100th day of a Twitter campaign for positive cryptocurrency regulation for India. The CEO of local crypto exchange Wazirx, Nischal Shetty, began his campaign on Oct. 31 last year, coinciding with the 10th anniversary of Satoshi’s whitepaper. Each day he tweets to lawmakers urging them to introduce positive regulation for India using hashtags “Indiawantscrypto” and “Isupportcrypto.”

'India Wants Crypto' Campaign Passes 100 Days With Growing Support

On Thursday, Shetty told news.Bitcoin.com:

Every day there are 100s of retweets and likes and thousands of views.

The CEO proceeded to share his campaign stats. According to him, the 99 daily tweets up to Thursday have generated 1.48 million impressions, resulting in 57,374 user interactions such as retweets, replies, and likes.

The Message

Shetty explained that “With the bank ban in India it was important to surface the importance of India adopting crypto,” elaborating, “To do that, educating the government and the masses is a first step. This campaign’s objective is to spread awareness so that our government takes the right step towards crypto.”

'India Wants Crypto' Campaign Passes 100 Days With Growing Support

His series of tweets began with the message: “Please bring positive regulations in crypto and over 5 million crypto Indians will be thankful to you. Youth of India have found a new way to make wealth & this is especially important when there are not enough jobs for everyone.” Among the Twitter accounts he regularly tags are those for the country’s Minister of Finance and Corporate Affairs, Arun Jaitley, and Narendra Modi, the Prime Minister of India.

Exchange Trading Volumes Growing

Wazirx published its January performance report on Wednesday, claiming that it has consistently reached 50 BTC in daily trading volume. This announcement follows another on Jan. 23 which states that “Within 6 months of P2P launch, we’ve crossed Rs. 100 crores [~$14 million] worth of P2P trades.”

Another local crypto exchange, Instashift, is also seeing positive growth. Marketing officer Jacob Mani revealed to news.Bitcoin.com that his exchange’s Indian trading volume “is increasing day by day slowly with a lot of buyer and seller activity.” He added: “In the past two weeks, there were two days when [the number of] sellers were quite more than buyers. So, there is promising market activity in India.” Instashift operates in 45 countries including India.

'India Wants Crypto' Campaign Passes 100 Days With Growing Support

In order to drum up more volume, some exchanges are offering customers bonuses for fiat deposits. Pocketbits, a crypto exchange launched on Feb. 8, 2017, for example, recently announced that it is giving a 0.25 percent bonus to customers for fiat deposits.

Positive Vibes

There is a growing vibe in the community that the Indian government will eventually introduce positive regulation. In January, the Indian Ministry of Finance invited reputed law firm Nishith Desai Associates to present their suggestions for crypto regulations. Citing that the law firm “got some good space to present the case,” Mani believes:

There is a feeling that something positive might come out soon from the supreme court.

Since the Reserve Bank of India (RBI) issued a circular banning regulated financial institutions from providing services to customers dealing with cryptocurrencies, many exchanges have launched exchange-escrowed P2P services which, according to them, have gained much popularity. The country’s supreme court is set to hear the petitions against the ban at the end of this month.

The committee headed by Subhash Chandra Garg, Secretary of Department of Economic Affairs under the Ministry of Finance, is reportedly in the final stage of drafting crypto regulation.

What do you think of this campaign for positive regulation in India? Let us know in the comments section below.


Images courtesy of Shutterstock.


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The post ‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2SBbHAv ‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support

#Africa SA property startup Flow launches to public post-funding

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South African property startup Flow has officially launched to the public on the back of securing funding recently, with several thousand tenants having already come on board.

Founded by Daniel Levy, Gil Sperling and Jonathan Liebmann, Flow rewards tenants for registering, adding their property details, paying their rent on time, and looking after their homes.

Disrupt Africa reported last month the startup raised a ZAR20 million (US$1.47 million) funding round, with half coming from South African venture capital firm Kalon Venture Partners and the other half from an international VC, to fuels its growth and add to its service, and the Flow platform has now formally launched to the public.

“Before then we were in stealth mode with several hundred tenants and landlords using the app while in beta. Since launch in the past week we’ve had several thousand tenants come onboard and engaging with several transactions made,” Sperling, who is Flow’s chief executive officer (CEO), told Disrupt Africa.

He said Flow is a long-term rental platform that is an end-to-end solution for home rentals.

“Our vision is to create a globally recognised and trusted rental brand where tenants and landlords meet to experience the full rental journey from searching to signing a lease, moving in, paying rental and then getting rewarded for being a great tenant,” he said.

The Flow founding team has serious pedigree in the entrepreneurship and property spaces. Sperling and Levy previously founded Popimedia, an ad-tech company that was sold to Publicis in 2015. Liebmann founded and developed Maboneng, a regenerated area of the Johannesburg CBD. Sperling said the property space was ripe for disruption.

“Proptech is one of the least advanced verticals of technology, relative to fintech, adtech and healthtech. There has been relatively little development in the technology that the property industry uses, and most specifically when it comes to tenants – that’s where we play,” he said.

Flow is currently available across South Africa, and has plans to expand into other markets. At this point it makes money by charging landlords license fees, but soon it will also have revenue shares through its reward partner marketplace and premium product offerings.

The post SA property startup Flow launches to public post-funding appeared first on Disrupt Africa.

from Disrupt Africa http://bit.ly/2t9YeBr

#Blockchain Markets Update: Leading Markets Break ATH Descending Trendlines

Markets Update: Leading Markets Break ATH Descending Trendlines

BTC price action has broken above a major long-term trendline stemming back to December 2017’s all-time highs. When looking at the 2014 – 2015 bear market, a similar move precipitated the final sell-off of the trend before price action moved into an accumulation pattern. BCH also appears to have broken above two major descending trendlines stemming back to the market’s all-time high in recent weeks.

Also Read: Public Transportation Across Argentina Can Now Be Paid With BTC

BTC Breaks Major Descending Trendline

Amid the anxiety and FUD surrounding BTC’s seemingly inevitable retest of support at 2018’s price low just above $3,000, price action has firmly broken above a major descending trendline stemming back to the all-time high of nearly $20,000.

Markets Update: Leading Markets Break ATH Descending Trendlines
BTC/USD – Bitstamp – 1D

The break appears to have taken place across multiple time-frames, however, only the current weekly candle appears entirely outside of the trendline’s range, and is yet to close.

Markets Update: Leading Markets Break ATH Descending Trendlines
BTC/USD – Bitfinex – 1W

When looking at the 2014 – 2015 bear trend, a comparable trendline was broken following 15 months of bearish fallout after the then-all-time high of nearly $1,200 was posted during the end of November 2013. While BTC would not produce a higher high until 10 months later, the break of the trendline comprised a catalyst for both a retest of the support area of the downtrend’s low and the upper side of the descending line, after which the markets channeled sideways to produce a multi-month accumulation pattern.

Markets Update: Leading Markets Break ATH Descending Trendlines
BTC/USD – Bitfinex – 1W – Aug. 2013 to May 2017

As of this writing, Bitcoin Core has a market capitalization of $59.64 billion and a dominance of 53.4%. BTC is currently trading for approximately $3,400.

BCH Breaks Multiple ATH Trendlines

BCH/USD appears to have broken two major trendlines stemming back to the market’s all-time high, in the process breaking out of a range that has guided price since November.

Markets Update: Leading Markets Break ATH Descending Trendlines
BCH/USD – Kraken – 1W

The first ATH descending trendline was broken at the end of October, with BCH gaining more than 50% during the following two weeks as price action rallied from roughly $410 to $640. The failure for prices to break above $650 created a secondary ATH trendline and led to approximately six weeks of selling pressure, during which the upper side of the broken trendline guided price action. After a dramatic rally during mid-December, BCH produced sideways consolidation, recently resulting in a break of the secondary all-time high trendline.

When measured against BTC, BCH has spent most of 2019 channeling sideways in a tight range between approximately 0.033 BTC and 0.036 BTC.

Markets Update: Leading Markets Break ATH Descending Trendlines
BCH/USD – Bittrex – 1W

BCH currently is the fifth-largest cryptocurrency with a market cap of $2.04 billion and dominance of 1.83%.

XRP Retains Second Largest Cryptocurrency Market Cap

While the scale and speed of the parabola that drove XRP’s all-time high 14 months ago makes it hard to draw trendlines from the ATH area, XRP appears to have broken above its major descending trendline stemming from February 2018 during mid-December. As of this writing, XRP is trading for nearly $0.30 following several weeks of tight consolidation.

Markets Update: Leading Markets Break ATH Descending Trendlines
XRP/USD – Poloniex – 1W

When measured against BTC, XRP has spent approximately 12 weeks consolidating between 0.000085 BTC and 0.00010 BTC.

Markets Update: Leading Markets Break ATH Descending Trendlines
XRP/USD – Poloniex – 1W (Calculated by Tradingview)

XRP has continued to rank as the second largest crypto asset by capitalization, posting a market cap of over $12 billion and a dominance of 10.75% as of this writing.

ETH Holds Above $100

ETH price action has continued to hold above double digits following several weeks of tight consolidation, with ETH currently trading for roughly $105.

Markets Update: Leading Markets Break ATH Descending Trendlines
ETH/USD – Bitfinex – 1W

When measured against BTC, ETH has continued to test support at the 0.03 BTC area following nearly five months of sideways consolidation.

Markets Update: Leading Markets Break ATH Descending Trendlines
ETH/BTC – Bitfinex – 1W

Ethereum is currently the third largest cryptocurrency with a market cap of nearly $11 billion and a dominance of 9.85%.

Do you think that the markets are preparing to shift gears, or will we see further downtrend throughout 2019? Share your thoughts in the comments section below!

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


Images courtesy of Shutterstock, Tradingview


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Markets Update: Leading Markets Break ATH Descending Trendlines appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2BszQQa Markets Update: Leading Markets Break ATH Descending Trendlines

#Africa Applications open for Founders Factory Africa accelerator

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The Johannesburg-based Founders Factory has opened applications for its African accelerator, a six-month, corporate-supported programme that aims to give startups an “unfair competitive advantage”.

Founders Factory launched in London in 2015 and has already built 70 startups, raised GBP100 million (US$130 million) in funding, and implemented 60 pilots with its corporate partners.

Disrupt Africa reported in October Founders Factory had launched its African operations in Johannesburg, from where it plans to design, build and scale 100 disruptive tech startups across Africa over the next five years.

The African launch took place in partnership with Standard Bank, which made a multi-million dollar investment into Founders Factory Africa. The company will grow existing businesses through its bespoke six-month accelerator programme, whilst an incubator will build completely new businesses focused on addressing key issues on the continent.

Applications for the accelerator are now open, with Founders Factory looking for startups in the fintech and e-health spaces to apply. Participating startups will also have access to global capital, talent and knowledge transfer through the Founders network, which includes world-class entrepreneurs, investors, corporates and successful startups across Africa, Europe, the UK and the US.

Standard Bank will provide access to market, supply chains, customer acquisition channels, data and IP to the startups. These resources and infrastructure will deliver an “unfair competitive advantage” to the businesses that Founders Factory Africa scales.

The post Applications open for Founders Factory Africa accelerator appeared first on Disrupt Africa.

from Disrupt Africa http://bit.ly/2GvPYni

#Africa Garage to global – how this SA startup develops VR solutions for major firms

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South African startup bizAR Reality, a software development company that specialises in augmented and virtual reality (VR) solutions, started life in a garage four years ago. Now it develops immersive software for mobile devices, virtual reality headsets and augmented reality smart glasses for some of the world’s biggest companies.

Though it started small, bizAR Reality always had grand goals, and the startup has worked with some of the world’s largest brands, including Avatar Agency, Nestle, AIG, Adidas and Burger King.

“We are driven towards creating futuristic, sustainable and immersive experiences for both businesses and individuals in South Africa,” sales and marketing director Richard Melvin told Disrupt Africa.

“When we started the company, augmented and virtual reality were terms that felt like science fiction to many South Africans. We saw this as an opportunity to travel abroad to places like Silicon Valley, Argentina and Finland to get a better understanding of what was happening abroad.”

By strategically analysing the overseas markets, the founding team was able to identify opportunities in South Africa and used this knowledge to build a thriving business. This was boosted by some seed funding in 2015, with bizAR reality since then funded by its revenues.

The company has reached a number of impressive milestones.

“In 2015, we were the first company to develop an AR to VR Content Management System (CMS) for mobile applications, allowing us to offer both augmented and virtual reality capabilities in one application that could be updated in real-time, without waiting for approvals by the relevant app stores,” Melvin said.

2018 proved a particularly promising year, which won a host of awards for its applications, but it is always looking to adapt.

“As technology advances, so should we. After many years of research and development, our dynamic team has designed and developed one of Africa’s first remote expert system using augmented reality smart glasses. Due to its popularity and growth potential, a strategic decision was made to branch the product off from bizAR Reality into its own company brand called FusionBloc,” said Melvin.

The startup foresees further growth as technologies such as VR continue to grow exponentially, which they will do due to the fact they have numerous applications and value-adding benefits across multiple industries.

“Therefore, bizAR Reality operates on a project-based level having done projects for numerous companies across varying industries, ranging from mining to fast food chains,” Melvin said.

“Currently, our augmented reality smart solution is tailored towards connecting field technicians with remote experts and we are in the process of developing the software solution to cater for both warehouses picking and workflow processes. Our vision for FusionBloc smart glass technology includes rolling the system out into South Africa and then to rapidly expand across the African continent.”

The post Garage to global – how this SA startup develops VR solutions for major firms appeared first on Disrupt Africa.

from Disrupt Africa http://bit.ly/2I2y5ie

#Blockchain Public Transportation Across Argentina Can Now Be Paid With BTC

Public Transportation Across Argentina Can Now Be Paid With BTC

The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Top Up Sube Cards With BTC

Users of rechargeable contactless smart card Sube (Sistema Único de Boleto Electrónico) can start funding it with BTC for use in 37 cities in Argentina starting on Thursday, according to local news outlet cripto247.

Public Transportation Across Argentina Can Now Be Paid With BTC

These cards are promoted by the Argentine Secretary of Transportation and used to pay for public transportation services throughout Argentina. They are valid on “buses, trains, subways and motorboats,” the government website details. “To travel by bus or subte (underground metro) in Buenos Aires, you’ll need to get a rechargeable Sube travel card,” the Buenos Aires tourism website notes.

BTC top up of these cards is possible due to the integration of online card funding platform Alto Viaje and fintech startup Bitex. Alto Viaje is listed on the official government’s Sube website as one of the vendors that cardholders can use to fund their accounts. Alto Viaje explains on its website:

Sube is the only card that allows you to pay for public transport throughout Argentina.

Alto Viaje and Bitex

Alto Viaje now offers two funding methods for Sube cards: Paypal and BTC. Soon, the platform will also add funding through Rapipago, according to its website. “Alto Viaje decided to use Bitex’s infrastructure for the technology and liquidity it has, a necessary condition to face a project of this magnitude.”

Bitex CMO Manuel Beaudroit was quoted by the news outlet as saying, “We believe that this type of project is of great importance since it brings technology as disruptive as bitcoin to the common people, demonstrating the true value and the applications it has in everyday life.” He added that the minimum funding amount in BTC is 50 Argentine pesos (~$1.32), the publication conveyed.

Public Transportation Across Argentina Can Now Be Paid With BTC

Citing that his company wants to “offer safe and innovative services,” Luciano Verardo, Director of Alto Viaje, said that “the alliance with Bitex allows us to integrate the payment with bitcoins and new possibilities of financial inclusion for people and companies.”

In addition to the metropolitan area of the capital city of Buenos Aires, Sube cards can be used in the cities of Bahía Blanca, Catamarca, Cipolletti, Comodoro Rivadavia, Corrientes, Formosa, General Pico, General Pueyrredón, Gualeguaychú, Jujuy, Necochea, Neuquén, Olavarría, Palpalá, Paraná, Partido de la Costa, Pergamino, Pinamar, Rafaela, Rawson, Resistencia, Río Gallegos, Río Grande, Roque Sáenz Peña, San Carlos de Bariloche, San Juan, San Luis, San Martín de los Andes, San Nicolás de los Arroyos, Santa Fe de la Vera Cruz, Santa Rosa, Trelew, Ushuaia, Venado Tuerto, Viedma and Villa Allende.

Do you think many people will load their Sube cards with BTC? Let us know in the comments section below.


Images courtesy of Shutterstock and Sube.


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The post Public Transportation Across Argentina Can Now Be Paid With BTC appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2GffYUv Public Transportation Across Argentina Can Now Be Paid With BTC