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Why Centive believes it’s the next big thing Singapore : Today, Centive Technologies Corporation announces its plans to reshape the incentive industry. Centive will be introducing a cutting edge platform to be used both by businesses and consumers. Centive’s easy to use platform is powered by blockchain and will bring together value creators; who will benefit

Centive Aims to Reshape the Incentive Industry

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Melbourne based blockchain technology start-up company, OctoWallet are extremely excited to announce Australia’s first innovative ‘on the go’ hardware wallet. The OctoWallet Silo is designed to protect your crypto assets and send transactions securely via a mobile application. The OctoWallet contains highly intensive sustainable security, including tamper-proof mechanism, true random number generator and advanced MCU.

OctoWallet: A Versatile Storage Solution For Crypto

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'The future is now' the world’s most advanced platform yet; myCryptoWallet launches the next generation of unrivalled features in the cryptocurrency sphere.

Quickly becoming a world leader in blockchain commerce solutions and allowing users more access than ever before, they offer multi currency deposit/withdrawal enabled wallet service that is available in all unsanctioned countries, combined with a live marketplace, crypto-tracking portfolio and instant exchange, conglomerating all three components onto one platform.

Revolutionizing the Digital Currency Sphere

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We are pleased to announce the start of the sale of GaxCoin. The launch of our Initial Coin Offering is scheduled for 11 August 2018; a fundamental date for all those who wish to contribute to our Startup Blockchain project, to the creation of the Platform and its innovative and completely autonomous Ecosystem, which continues to be developed and which has its cardinal points in stability, simplicity and reliability.

Gaxcoin ICO Date Announced

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In a conference attended by key investors and media, ODIN CEO Kazuki Hayashi announced the release of a key project software component – the ODIN wallet.

“Amazon for Blockchain” Project Releases Key Software

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Since its launch on the 3th of August, 2018, the CryTrEx.com decentralized crypto exchange has been a very effective platform for secure and effortless buying and selling of cryptocurrencies.

CryTrEx.com Platform Taking the Cryptocurrency Exchange Market By Storm

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OneHash, the fastest-growing mutual betting platform has released its new gaming products – Moon and Goals, which allow players to engage and win bitcoins in ways that the industry has yet to see.

Fly to the Moon and Score Goals With Bitcoins

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South Korean Banks Holding Billions of Dollars in Cryptocurrency
July 9th, 2018   

South Korean Banks Holding Billions of Dollars in Cryptocurrency

South Korean banks held almost $2 billion of cryptocurrency in December 2017, according to a report from the country’s central bank.

Local news outlet Yonhap reported that this is equal to approximately 8 percent of the $23.4 billion held by the country’s foreign exchange brokerages.
Time to buy the dip?
The bank played down the amount in its official comment:
“The amount of crypto-asset investment is not really big, compared with other equity markets, and local financial institutions’ exposure to possible risks of digital assets is insignificant. Against this backdrop, we expect crypto-assets to have a limited impact on the South Korean financial market.”
New law
This is interesting because it comes a few days after the government announced upcoming laws that will accept the blockchain industry as a legitimate business concern for the first time. The new law features detailed classifications for different types of blockchain businesses and will require businesses to work in tandem with the state for the first time. It has been a bumpy ride for cryptocurrency businesses in South Korea. Blue Dividing Bar
 
Blue Dividing BarCryptocurrency is very popular in the country, with millions actively using related mobile phone applications and the country’s biggest cryptocurrency exchange, Bithumb, reporting massive growth in profits.

However the government distrusted the sector and made many attempts to squash it. These efforts were ineffective in curbing public interest, and myriad examples of illegal behaviour led to government to realise that bringing businesses inside the law may be the best way forward.

One example that was particularly embarrassing for the government occurred in January when a government employee sold his cryptocurrency two days before a government announcement caused cryptocurrency prices to tank. In any other context this would be an open-and-shut case of insider trading – the employee admitted that he ascertaining the situation after his supervisor told all employees to refrain from cryptocurrency trading – but the individual was cleared of wrongdoing because there were no laws in place and the action was technically not illegal.

Another example was a recent criminal case involving illegal proceeds denominated in Bitcoin – the supreme court had to step in and redefine Bitcoin before the authorities could legally confiscate the money.

Cryptocurrency exchanges (new classification: ‘encryption asset brokerage and brokerages’) will now be required to obtain approval from various government agencies, and will be under the direct authority of the Financial Services Commission, according to CCN. Many businesses will have to cease operations until they obtain a licence.

South Korean banks will also be glad of this – according to Forbes, they made approximately $2 million profit from cryptocurrency trade commissions last year alone.

Via: financemagnates.com

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OneHash, the fastest-growing mutual betting platform has released its new gaming products – Moon and Goals, which allow players to engage and win bitcoins in ways that the industry has yet to see.
   
Cornucopia, a blockchain startup providing crypto investors with access to pre-IPO shares of their favourite startups adds tZeros Joe Cammarata to their capable executive team.
   
Even though digital advertising surpassed even TV advertising in volume in 2016 and gaming has become the biggest entertainment market, there are still a lot of problems plaguing the industries. For example, a lot of the advertising budget is lost due to fraud, repetitive ad content or ad blocking.
       

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