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#Blockchain Yellow Vest Movement Starts a New Form of Protest – Burning Banknotes

Yellow Vest Movement Starts a New Form of Protest — Burning Banknotes

For well over two months, the yellow vest movement in France has continued to keep itself illuminated with fervent protests against taxes, the banking system, and the region’s bureaucrats. On Feb. 1, a group of Gilets Jaunes working at the bill printing factory explained their plan to show the world they mean business by burning pallets of bills, starting with Israeli banknotes.

Also Read: Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization

Yellow Vests Burn Stock of Foreign Bills

The grassroots yellow vest movement in France has consistently made headlines across the world while protesting the country’s monetary system and politics. For instance, on Tuesday, Feb. 5, about 18,000 Gilets Jaunes joined a march in the French capital walking side by side with another 12,000 CGT union workers. The protest also followed a demonstration on Friday, which showed employees claiming to work for the Banque de France banknote mill. The yellow vest associated group threatened to burn large sums of paper banknotes. A news.Bitcoin.com correspondent from France explained how the bill burners are demanding fiscal and social justice in a unique fashion.

Yellow Vest Movement Starts a New Form of Protest — Burning Banknotes

“In the last 15 days we’ve burned passport paper, bank check paper, and grey card paper for vehicle documents,” explains the banknote burning group’s video on Facebook. “But the French government is completely deaf, so we move to the next level — If the French government continues to make it seem as nothing scandalous is happening, we will make this so all the world will know what’s happening.”

Starting today we start to burn foreign bills stock — The first paper ream we have here is for Israeli banknotes. We start with this, then we burn everything — If the French government doesn’t change, all foreign countries that are waiting for their bills, will not be delivered.

Hyperbitcoinization

News.Bitcoin.com has covered the yellow vest movement in the past and how many well-known bitcoiners have explained that Gilets Jaunes should really hit the banks where it hurts by moving from fiat to bitcoin. At the same time, the world economy has been shuddering once again and economists are predicting another global depression similar to 2008. Many regions like Venezuela, South Sudan, Turkey, Haiti, Zimbabwe and Argentina are suffering from economic hardships.

Yellow Vest Movement Starts a New Form of Protest — Burning Banknotes
“If every French person converted 20% of their bank deposits into bitcoin, French banks would collapse and a lot of bloodshed could be avoided,” said Max Keiser on Dec. 9, 2018. 

The economic uncertainty worldwide has bolstered the dream of hyperbitcoinization. Many have written about this dream and believe that cryptocurrencies like bitcoin will experience mass attention from a majority of citizens living in impoverished countries. The cofounder of the Satoshi Nakamoto Institute, Daniel Krawisz, once said: “A hyperbitcoinization event will be much quicker than a hyperinflation event.” Krawisz’s 2014 essay details how a country dealing with hyperbitcoinization will experience a voluntary transition from an inferior currency to a superior one. The country’s adoption represents a “series of individual acts of entrepreneurship rather than a single monopolist that games the system.”

Hyperbitcoinization should be accompanied by a rapid improvement in productivity and wealth — Hyperbitcoinization will probably be a confusing time for everyone, like a second adolescence. However, once it is over, no one will be able to imagine how we got by with the earlier system.

Yellow Vest Movement Starts a New Form of Protest — Burning Banknotes
Banknotes stamped by the yellow vest movement.

A Loss of Confidence in the System Has Given Birth to Many Movements

The yellow vest movement is similar to the Occupy Wall Street movement that took place seven years ago and the birth of Bitcoin four years prior. Global citizens are upset with their leaders and losing confidence in the central bank’s paper bills which are printed by the trillions every year. People from all countries and continents are upset with the system and believe something has got to give. Our correspondent from France told news.Bitcoin.com that most individuals don’t wear yellow vests these days because if you take the train “to go to Paris and they check if you have a yellow vest then they can arrest you.” Not only are the protestors in France threatening to burn large stacks of bills, but they are also now printing special images of yellow vests on banknotes.

What do you think about the yellow vest movement threatening to burn pallets of banknotes? Let us know what you think about this subject in the comments section below.


Images via Pixabay, Shutterstock, and our correspondent from France. 


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post Yellow Vest Movement Starts a New Form of Protest – Burning Banknotes appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2UKeSTP Yellow Vest Movement Starts a New Form of Protest – Burning Banknotes

#Blockchain Scandinavians Can Now Buy Cryptocurrency Within the Opera Mobile Browser

Scandinavians Can Now Buy Cryptocurrency Within the Opera Mobile Browser

Opera Ltd (NASDAQ: OPRA), the Norway-headquartered company behind the web browsers used by over 320 million people, now lets users buy cryptocurrency directly within its mobile app. This service is being rolled out in Scandinavia first due to a local partnership.

Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund

Buy Crypto on Opera for Android

The Norwegian browser-maker Opera has announced that its mobile browser, Opera for Android, will enable users to buy cryptocurrencies directly on their smartphones. The app now features a digital wallet top up option via an integration with Sweden’s online cryptocurrency brokerage Safello. The feature is being rolled out in Scandinavia first, and said to be already available in Sweden, Norway and Denmark.

Scandinavians Can Now Buy Cryptocurrency Within the Opera Mobile Browser
Aurora Borealis in Norway

“We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use,” said Charles Hamel, Product Lead for Crypto at Opera. ”We believe that the browser will be the entry point for these use cases. Thanks to our partnership with Safello, we are taking one more step towards this vision.”

Crypto at Your Fingertips

Founded in 2013 in Sweden, Safello is regulated as a financial institution and registered with the Financial Supervisory Authority of Sweden. The solution includes verifying users’ identities using Norway’s Bankid and Denmark’s Nemid services. The online brokerage focuses on speed and ease of use, promising that the process of buying cryptocurrency with Safello takes less than a minute. Users also have the option to make payments with credit and debit cards and transfers over local payment networks, such as Swish in Sweden.

Frank Schuil, CEO of Safello, said: “With Safello brokerage on the Opera mobile browser for Android, both new and experienced users can now easily transact cryptocurrencies in the most secure and fastest way possible. The functionality to purchase crypto is right at their fingertips.”

To test the new crypto wallet top up feature in Opera for Android, users in Sweden, Norway and Denmark can download the app from Google Play store.

What do you think about the Opera browser letting users buy cryptocurrency directly from the app? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post Scandinavians Can Now Buy Cryptocurrency Within the Opera Mobile Browser appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2HVQNIk Scandinavians Can Now Buy Cryptocurrency Within the Opera Mobile Browser

#USA Uber Freight co-founders and top dealmakers join logistics startup Turvo

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Last year, Charlie Bergevin and Brian Cristol, co-founders of Uber’s trucking logistics business Uber Freight, heard Reid Hoffman say Turvo had some of the best technology he had ever seen. Frustrated with the direction Uber Freight had taken, they called up Turvo’s founder and chief executive officer Eric Gilmore.

It wasn’t long before offers were on the table and now, they’ve joined Turvo full-time. Cristol as head of enterprise partnerships and Bergevin as an enterprise partnerships executive. Bin Chang, a founding engineer at Uber Freight, is joining Turvo, too, a move I’m told Cristol and Bergevin were unaware of until they’d already accepted roles at the venture-funded startup. Chang begins Feb. 11.

“Brian and Charlie … have contributed so much to incubate this business and scale it to where we are today,” Uber Freight chief Lior Ron wrote in an internal email to employees shared with TechCrunch. “They were always on the forefront of exploration and innovation and were able to constantly push themselves, and all of us, to the next frontier.”

Cristol and Bergevin were Uber’s first B2B sales hires when they joined the ride-hailing firm in 2016. Tasked with finding product market fit for Uber’s final-mile businesses under the ‘Uber Everything’ initiative, they began learning about the truckload transportation and logistics industry. That’s when they linked up with Curtis Chambers, Uber’s long-time director of engineering. Together, the trio pitched their idea for a logistics business unit within Uber to then CEO Travis Kalanick.

Turvo’s real-time logistics platform.

Today, Uber Freight has roughly 750 employees and $1 billion in revenue. While the loss of two of its key dealmakers, who established relationships with Uber Freight’s Fortune 1000 customers, is cause for concern, Cristol and Bergevin suggested the unit is a rocket ship waiting to take off. 

“Uber Freight has by far the biggest market size and is by far the newest and it was made from scratch,” Bergevin told TechCrunch in reference to other Uber-branded businesses. “Sure we had the brand but with Uber Eats we had drivers, too, this was starting from scratch.”

So why are they leaving? The pair told TechCrunch they simply don’t feel like they are solving enough of the key issues plaguing the industry, particularly legacy systems. Uber Freight, for its part, focuses on freight brokerage, optimizing for top-line revenue. The business automates the backend operations that exist in transportation and truckload brokerage today, aggregating trucking fleets via the Uber Freight app and connecting drivers with shippers.

Turvo, on the other hand, works across the supply chain. The company, which has raised a total of $88.6 million at a $435 million valuation, according to PitchBook, helps shippers, brokers and carriers work together in real time using a software interface on their desktops and mobile phones. Turvo emerged from stealth two years ago with a $25 million Series A led by Activant Capital, with participation from Felicis Ventures, Upside Partnership, Slow Ventures and more. In November, the startup closed a Series B funding of $60 million led by Mubadala Ventures.

“Turvo’s platform is providing this solution to legacy logistics platforms and really maximizing all parts of the supply chain, not just pieces of it, which we were accustomed to at Uber,” Cristol told TechCrunch. “We were excited about how Turvo was innovating around the nucleus of logistics.”

Cristol and Bergevin officially began work at Turvo last week.

from Startups – TechCrunch https://tcrn.ch/2HTYXB6

#USA NYC launches partnership network, “The Grid”, to help grow urban tech ecosystem

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The New York City Economic Development Corporation (NYCEDC) and CIV:LAB – a nonprofit dedicated to connecting urban tech leaders – have announced the launch of The Grid, a member-based partnership network for New York’s urban tech community. The goal of the network is to link organizations, academia and local tech leaders, in order to promote collaboration and the sharing of knowledge and resources.

In addition to connecting member companies and talent, The Grid will host various events, educational programs, and co-innovation projects, while hopefully improving access to investors as well as pilot program opportunities. The Grid is launching with over 70 member organizations – approved through an application and screening process – across various stages and sectors.

In recent years, the tech and startup scene in New York has notably ballooned – evolving from the Valley’s obscure younger sibling to one of the top cities for talent, entrepreneurship, and venture capital investment. And while the city has seen countless startups, VCs, accelerators, and other entrepreneurial resources set up shop within its borders, getting the right tools in place is only part of the battle.

New York wants to prove its initiatives are more than just “show-and-tell” projects and city officials believe that building a truly sustainable innovation economy is dependent on all its local resources working in conjunction, allowing entrepreneurship to permeate every arm of commerce. With an institutionalized network like The Grid, New York hopes it can further fuse its pockets of innovation into to one well-oiled machine, consistently producing transformative ideas.

“The Grid represents a promising new way for NYCEDC to work across sectors to strengthen collaboration and innovation, first in New York City and hopefully soon in many more cities across the country and around the world,” said NYCEDC President and CEO James Patchett in a statement. “It signals that New York City is leading with  a new approach to technology and startup culture, with a real focus on diversity, inclusion, equity, and community.”

As one of the largest and most industrially diverse cities in the world, New York has naturally placed a heightened focus on the growing sector of “urban tech” – which has been broadly categorized as innovation focused on improving city functionality, equality or ease of living. According to NYCEDC, the urban tech space has seen nearly $80 billion in VC investment since 2016, with nearly 10% going to New York-based beneficiaries.

The launch of The Grid is part of an expansion of NYCEDC’s larger UrbanTech NYC program, which has already helped establish the New York innovation hubs New LabUrban Future Lab, and Company. Alongside the membership network and a new site for UrbanTech NYC, NYCEDC is also launching The Grid Academy, an adjacent academic group with the mission of creating applied R&D partnerships between local academic institutions and corporate sponsors. The expansion of UrbanTech NYC represents the latest of several initiatives NYCEDC is pursuing to develop the broader ecosystem, coming just months after the EDC announced the launch of Cyber NYC, a $30 million investment initiative focused on growing New York’s cybersecurity presence and infrastructure.

The group will be led by a steering committee that will guide decisions related to strategic priorities, funding, events, and communications. Members of the committee include some of The Grid’s largest government and corporate members including the Bronx Cooperative Development Initiative, the Downtown Brooklyn Partnership, Civic Hall, Company, New Lab, Urban Future Lab, Dreamit UrbanTech, URBAN-X, Urban.Us, Accenture, Samsung NEXT, Rentlogic, Smarter Grid Solutions, Civic Consulting USA, and the World Economic Forum.

“Since its early days, innovation has been part of the DNA that is New York City,” said Jeff Merritt, Head of IoT + Smart Cities at World Economic Forum. “Nowhere else in the world can you find an ecosystem that combines as many industries and nationalities. New York’s thriving urban technology community is a natural byproduct of what happens when you allow diversity, entrepreneurship and ambition to collide in one of the greatest cities in the world.” 

The Grid’s first meeting will be held on February 19th at Samsung NEXT’s New York HQ. Membership applications for The Grid are accepted on a rolling basis and can be found here on the UrbanTech NYC website.

from Startups – TechCrunch https://tcrn.ch/2Bm30jS

#Blockchain Singaporean and Eastern European P2P Markets Post Record BTC Volume

Singaporean and Eastern European P2P Markets Post Record Volume

Several markets have seen spikes in peer-to-peer (P2P) volume, with the Kazakh and Singaporean Localbitcoins markets posting their second strongest weeks on record. Polish P2P trade also increased this past week, with volume reaching a 14-month high.

Also Read: Leaked Documents Suggest Mt. Gox Trustee’s Bitcoin Sales Impacted Market Prices

Singaporean P2P Trade Sees Spike

The current BTC price action appears to have driven an uptick in Localbitcoins trade volume across diverse markets, with many traders likely preparing for the various scenarios that may play out as BTC tests support near the low of 2018’s bear market.

Singapore’s P2P market was among those to see a significant spike in volume this past week, with approximately 145 BTC changing hands on Localbitcoins during the week of Feb. 2.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

When measured in fiat currency, the week comprised the strongest seven days of trade activity between the Singapore dollar (SGD) and BTC, with 683,302 SGD (nearly US$504,000) worth of trades taking place on Localbitcoins.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

Eastern European Localbitcoins Trade Rallies to Pre-2018 Volume Levels

Following a recent surge in Russian P2P trade, other Eastern European markets have seen an increase in trade activity amid BTC’s expected retest of the $3,000 resistance area.

Kazakh Localbitcoins trade saw the second largest number of BTC change hands in a week on record, with 22 BTC worth of trade.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

The week of Feb. 2 also comprised the 10th strongest on record, producing 28.36 million Kazakhstani tenge ($75,000) worth of trade.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

The Polish Localbitcoins market posted a 14-month high for trade volume, with 23 BTC ($77,000) worth of trade taking place between Polish zloty and BTC.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

Venezuelan P2P Market Continues to Post Record Volume

A record number BTC changed hands via the Venezuelan Localbitcoins market this past week, with approximately 2,004 BTC (roughly $6.75 million) worth of trade.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

Venezuelan P2P trade also posted record volume when measured in fiat currency for the fourth consecutive week, with roughly 17.34 billion Venezuelan bolivars worth of BTC trading on the platform during the week of Feb 2.

Singaporean and Eastern European P2P Markets Post Record BTC Volume

Which national market do you expect will be the next to see Venezuela-esque cryptocurrency adoption? Share your thoughts in the comments section below!


Images courtesy of Shutterstock, Coin.dance


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.

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from Bitcoin News http://bit.ly/2HVCdk4 Singaporean and Eastern European P2P Markets Post Record BTC Volume

#USA Meditation app Calm hits unicorn status with fresh $88 million funding

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Calm, the meditation and wellness app that launched back in 2012, has today announced the close of an $88 million Series B financing with a valuation of $1 billion. (We have not been able to clarify whether the valuation was post- or pre-money.)

The funding was led by TPG Growth, with participation from CAA and existing investors Insight Venture Partners and Sound Ventures.

As meditation grows in popularity across the U.S. — the CDC says it tripled from 4.1 percent in 2012 to 14.2 percent in 2017 — Calm has capitalized on the craze by offering a suite of mindfulness and wellness tools, from guided meditation sessions to a product called “Sleep Stories,” via a subscription.

But Calm is also meeting stress where it lives. For example, the company invested $3 million in XPresSpa late in 2018. XPresSpa is a chain of quick spa stores found in airports. Meanwhile, Calm partnered with American Airlines to offer Calm content within AA’s in-flight entertainment system.

The growth of Calm is hard to deny. The company says that it has topped 40 million downloads worldwide, with more than one million paying subscribers. Calm also says that it quadrupled its revenue in 2018 — the company is now profitable — and is on track to do $150 million in annual revenue.

With the new financing, Calm’s total amount raised comes to $116 million.

Moreover, Calm’s valuation has soared from $250 million at the beginning of 2018, on the heels of a $27 million Series A, to now hit $1 billion.

Here’s what cofounder and co-CEO Michael Acton Smith had to say in a prepared statement:

We started as a meditation app, but have grown far beyond that. Our vision is to build one of the most valuable and meaningful brands of the 21st century. Health and wellness is a $4 trillion industry and we believe there is a big opportunity to build the leading company in this fast growing and important space.

Cofounder and co-CEO Alex Tew said that the funding will predominantly go towards international growth and increased investment in content.

from Startups – TechCrunch https://tcrn.ch/2UMkZY1

#Blockchain Australian Banks Fraudulently Collected Fees From Deceased Customers

Australia's Banking Sector inquiry Reveals Massive Cheating as Banks Collect Fees for Dead Customers

A national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers. They also caused clients to lose hundreds of millions of dollars through misleading investment advice.

Also read: Philippines Announces New Cryptocurrency Regulations

Banks Charge Fees for No Service

The Royal Commission, Australia’s highest form of public inquiry, spent a year investigating allegations of misconduct by some of the country’s biggest banks including the Commonwealth Bank of Australia (CBA), its largest lender. The local banking industry has been plagued by issues of wrongdoing for more than a decade now, Australia’s public broadcaster ABC reported on Feb. 4.

Commissioner Kenneth Hayne’s report proposed 76 recommendations, which the government has fully endorsed, leaving unscrupulous parts of the financial sector prone to being swept away by the legislature. Several institutions could be up for criminal charges for charging fees for which no service was rendered.

Australian Banks Fraudulently Collected Fees From Deceased Customers

The report reveals details about how Australia’s “Big Four” banks – CBA, Westpac, ANZ and NAB – fleeced their customers out of A$178 million (US$126 million) in financial advice they did not provide. Banks went further, even charging customers who had died. Collectively, wealth managers and the major banks will have to fork out A$850 million (US $603 million) in compensation.

In his report, Hayne said:

Misconduct will be deterred only if entities believe that misconduct will be detected, denounced and justly punished. Misconduct, especially misconduct that yields profit, is not deterred by requiring those who are found to have done wrong to do no more than pay compensation. And wrongdoing is not denounced by issuing a media release.

 Commission Recommends Stronger Action

The Royal Commission was conceived in response to years of malpractice in the sector. It was initially opposed by Prime Minister Malcolm Turnbull and the banks last year, but it went through in a bill in parliament.

The Royal Commission reviewed more than 10,000 public submissions and interviewed over 130 witnesses in hearings conducted publicly. Much of the focus revolved around customers who had been exploited – and some bankrupted – by banks and industry advisers.

Whereas intermediaries between banks and customers are supposed to be independent, banks fielded their own, resulting in undeclared conflicts of interest, the Commission’s report stated. For a sector anchored on trust, it is noteworthy how far banks went to trash every aspect of the sector by creating a rigged game.

Australian Banks Fraudulently Collected Fees From Deceased Customers

The scathing report did not go so far as to ban banks and wealth managers from owning advice businesses. Some of the recommendations include over 20 unidentified cases being referred to regulators for possible criminal or civil prosecutions.

It also spoke of the need for a complete overhaul of the banking industry’s culture to prevent issues of conflict of interest while emphasizing that regulators ought to prosecute violations with a lot more frequency, or lose some of their powers.

Australia’s Treasurer Josh Frydenberg said the public had suffered “immensely” from the banks’ mischief, adding that government would move swiftly to implement some of the recommended reforms. “It’s a scathing assessment of conduct driven by greed and behaviour that was in breach of existing law and fell well below community expectations,” he was quoted as saying. “There have been broken businesses, and the emotional stress and personal pain has broken lives.”

The Australian Prudential Regulation Authority (APRA) will retain responsibility for prudential regulation, while the Australian Securities and Investment Commission (ASIC) will primarily regulate conduct and disclosure.

Banks have for years conspired to steal from people and from governments while continuing to render service to thieves by facilitating the flow of illicit money. Cryptocurrency like bitcoin is seen by many as a safe haven from corporate theft, offering a more transparent system than the opaque banking sector.

An undercover probe by dozens of journalists from 12 countries last year revealed how Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled. The theft centered around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms.

What do you think about the conduct of banks in Australia and the global banking sector in general? Let us know in the comments section below.


Images courtesy of Shutterstock.


Express yourself freely at Bitcoin.com’s user forums. We don’t censor on political grounds. Check forum.Bitcoin.com

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from Bitcoin News http://bit.ly/2I3tooy Australian Banks Fraudulently Collected Fees From Deceased Customers

#Blockchain PR: Bitcoin.com Partners With CryptoTag to Bring Space Grade Security to the Bitcoin.com Store

Bitcoin.com Partners With CryptoTag to Bring Space Grade Security to the Bitcoin.com Store

This is a press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Your security and legacy is not something to be taken lightly. This is why Bitcoin.com have partnered with the security experts at CRYPTOTAG to bring their cutting edge private key and seed backup solution to the Bitcoin.com Store.

The CRYPTOTAG Starter Kit gives you the tools you need to store your private keys and recovery seed on space-grade titanium. Built to be indestructible.

Here is what the CRYPTOTAG team had to say:

‘’Our solution is an unique patented system that we tested thoroughly. We constructed CRYPTOTAG in such a way that all the components work together guaranteeing the best result for our customers.’’

Bitcoin.com Ecommerce Manager, Blake Moore, shared why he thinks CRYPTOTAG is so important:

“Accidents happen and access combinations are forgotten all of the time. CRYPTOTAG is a must-have product if legacy and security are important to you. They are a great addition to the growing range of products and services we offer.”

CRYPTOTAG is compatible with the Bitcoin.com wallet, Ledger, KeepKey and more.
Available now at the Bitcoin.com Store.

About Bitcoin.com:
Bitcoin.com is supercharged to change the world with BCH. Our suite of developer tools has been downloaded 36,000+ times from over 100 countries.
Our team is the heart and soul of the Bitcoin Cash industry. We’re committed to making BCH available to all people, whatever their age, gender, nationality or financial status.

About CRYPTOTAG.io:
CRYPTOTAG is a Dutch startup from Amsterdam. We want to contribute to a community which we believe in. That is why we have created the only premium backup system in the world made out of space-grade titanium.
We at CRYPTOTAG have one goal: empowering people to be their own bank.

Supporting Link
https://store.bitcoin.com/cryptotag

Contact Email Address
blake@bitcoin.com

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Bitcoin.com Partners With CryptoTag to Bring Space Grade Security to the Bitcoin.com Store appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2DUF6Ob PR: Bitcoin.com Partners With CryptoTag to Bring Space Grade Security to the Bitcoin.com Store

#Blockchain The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund

The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund

In Wednesday’s edition of The Daily we cover a number of stories that show how despite the ongoing bear market, the field continues to attract major investments and cryptocurrency companies keep on expanding their services.

Also Read: Blockchain.com Launches New Bitcoin Cash Block Explorer

F1 Team Gets Crypto Sponsor

Cryptocurrency venture Futurocoin has announced it’s signed a two-year deal to partner the Aston Martin Red Bull Racing Formula One (F1) team. According to the deal, the company’s branding will be featured on the RB15 F1 cars driven by Max Verstappen and Pierre Gasly, and its logo will also be seen on the drivers’ overalls and the team transporters.

“In recent years, the rise of blockchain technology and cryptocurrencies has been truly remarkable, and we’re delighted to be the first Formula One team to embrace this, through our partnership with Futurocoin,” said Aston Martin Red Bull Racing Team Principal, Christian Horner. “Secure digital currencies are on the leading edge of technological development and we are very excited to be part of this revolution.”

The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund

Aston Martin Red Bull Racing won the F1 constructors’ and drivers’ world championships in four consecutive years between 2010 and 2013, and has a total of 59 total Grand Prix wins. “Cryptocurrencies and Formula One are very similar and their values are much alike; speed, technology and being ahead of their time,” said founder Roman Ziemian. “I’m a huge fan of motorsport and F1 has always intrigued me. The sponsorship is an exciting new chapter for our company and will be a global platform for us to drive awareness of Futurocoin.”

Dubai Royal Invests in Digital Assets Fund

Liechtenstein-based cryptocurrency investments fund Invao has been selected as the exclusive international partner for blockchain investments by Dubai’s Seed Group, owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. Believed to be one of the world’s wealthiest royals, Al Maktoum is the CEO of Emirates Group, chairman of Dubai World, chairman of the Dubai Supreme Fiscal Committee, and second vice chairman of the Dubai Executive Council.

The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund
Sheikh Ahmed bin Saeed Al Maktoum

Frank Wagner, CEO of the fund, said: “This represents a seal of approval from an association of elite business minds across the UAE. At INVAO, we have the extensive experience, tact, and resources to contribute to the ascent of the UAE as a bonafide world leader in blockchain technology and look forward to helping this vision to crystallize. INVAO’s recent activity across the Middle East has shone a light on the region’s fertile ground for sustained growth and innovation.”

Coinbase Expands Paypal Support to Europe

Coinbase has announced it is expanding support for Paypal withdrawals to all its customers in the E.U. and the European Free Trade Association countries (Iceland, Liechtenstein, Norway, and Switzerland). Before this move, SEPA and UK Faster Payments were the only options for European users to withdraw fiat funds from the platform. ”As one of the world’s easiest and most widely-used payment platforms, adding Paypal as a withdrawal option for European customers offers another great option for withdrawing their funds,” commented Coinbase’s Allen Osgood.

The company also announced adding the ability to store BTC directly in the Coinbase Wallet app. The new update with BTC support will roll out to all users on iOS and Android over the next week. The non-custodial crypto wallet already supports ETH, ETC, and a plethora of different ERC20 tokens and ERC721 collectibles. As announced previously, Coinbase is working on adding support for Bitcoin Cash (BCH) and other popular cryptocurrencies.

Facebook Takes Over Blockchain Development Team

Facebook has reportedly hired the team behind Chainspace, a blockchain startup founded by researchers from University College London to develop a “planetary scale smart contracts platform.” Four of the five researchers behind the project’s whitepaper are joining Facebook’s blockchain division, and “people familiar with the startup” told Cheddar that Chainspace will shut down now as the social networking giant has taken over most of its developers. A Facebook spokesperson confirmed to the media site that the company had hired people from Chainspace but refused to provide further details.

The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund

As we previously reported, Facebook founder Mark Zuckerberg set a goal for himself at the start of 2018 to take back power from centralized systems using “encryption and cryptocurrency.” Throughout the year his company appeared to be focused on the subject, with recruitment ads showing that Facebook was looking for data scientists and software engineers to help develop new blockchain solutions, possibly including financial services. It is now estimated that over 40 people already work in the company’s blockchain division.

Australian Exchange to Offer Insurance

Australian cryptocurrency exchange Independent Reserve has announced it will offer insurance coverage to its clients. Underwritten by Lloyd’s of London, the insurance policy insures against theft or loss of any cryptocurrency that is held in an Independent Reserve trading account. It does not, however, cover any losses resulting from market volatility or any losses arising from unauthorized access to trading accounts, such as hacking an individual account or identity fraud. In the event of an incident, clients will be compensated for any loss in their cryptocurrency holdings at the time of the incident.

“Insurance is the next logical step for our exchange in this fast-maturing industry. Our new insurance offering will bring new, meaningful and institutional capital into digital assets that was once sidelined. The Lloyd’s-underwritten policy is an addition to the multiple layers of security Independent Reserve have been using to protect digital assets for 100,000 customers over the past five years,” said CEO Adrian Przelozny. “The acceptance of this policy by the largest insurer in the world is a vote of confidence in our corporate governance, robust risk management and security protocols and a sign of their commitment to working with only the highest quality partners.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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The post The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2DVKXTi The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital Assets Fund

#Africa Ghana’s Complete Farmer to expand to Ivory Coast, launch mobile app

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Ghanaian agri-tech startup Complete Farmer is to expand operations to Ivory Coast this year, while also building its user base with the launch of a mobile application.

Founded in 2017, the MEST-incubated Complete Farmer aims to ensure food security in Ghana while allowing users to earn money from farming remotely.

Users can sponsor farm managers, monitor progress from the comfort of their homes, and earn returns after harvest, as Complete Farmer sells produce to purchasers.

The startup only launched its platform in July of last year, but it has already set ambitious goals for 2019, geared towards doubling its impact in the African agriculture industry and delivering a higher level of satisfaction to users.

Complete Farmer will expand its operations to Ivory Coast by the fourth quarter of the year, which will enable it to grow crops that thrive in specific regions of Africa. As the crops menu increases, Complete Farmer will also increase its database on proprietary crop cultivation protocols by gathering more data through the extension of its field sensory networks for specific crop species.

The expansion will begin with some pilot projects in Ivory Coast to gain a good understanding of farming conditions in the country, with Complete Farmer also exploring other countries in other regions of Africa.

The startup is also working on a mobile application which is expected to further simplify the farming experience for users. The app will incorporate a host of features, including a chatbot for faster customer service, and social media integration to enable users to share photos and videos of their farms. Complete Farmer will also launch its crowd farming service for universities and diaspora communities as it looks to acquire a larger customer base.

“This year is going to be a big year for the company. We are redefining farming and are projecting to reach 90 per cent yield expectation with the new technologies we are introducing. We are working hard to make farming a fun and rewarding lifestyle,” said Complete Farmer chief executive officer (CEO) Desmond Koney.

In terms of production, a major target for the startup in this year is to increase its contribution towards an increased food production by farming 2,000 acres, up from 200 last year. It also aims to grow seven crops for the export market, and irrigate 80 per cent of company farm lands.

“Complete Farmer has started hiring talents to deliver on these promises and to position the company amongst the likes of global giants and to get the whole world farming from the comfort of their homes,” said Koney.
Complete Farmer is one of 10 innovative tech startups from across Africa that will be pitching live on stage at the Africa Startup Summit in Kigali next week. If you are interested in attending, you can get a 20 per cent discount on the cost of your ticket courtesy of Disrupt Africa right here.

The post Ghana’s Complete Farmer to expand to Ivory Coast, launch mobile app appeared first on Disrupt Africa.

from Disrupt Africa http://bit.ly/2RHQVe5