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CoinSummit London saw a number of notable speakers, panels and announcements during its two-day run this July, but those issued by Swarm, a crowdfunding platform that seeks to use cryptocurrency to empower industry businesses, may have passed under the radar.
Both projects highlight how cryptocurrency provides a new way for investors to support interesting projects. Swarm has even raised capital through its own platform – it has crowdsourced $1m in funding from a distributed group of backers.
Swarm further highlights an interesting discrepancy in the bitcoin ecosystem. While some startups like IT security specialist CrowdCurity raise part of their funding in bitcoin, most major bitcoin businesses still receive fiat currency from venture capitalists and investment firms.
With the introduction of Swarm and other similar platforms, those looking to raise money without forging connections with Silicon Valley's tech elite certainly have a new avenue to obtain capital. The question is how this new and untested market will mature while responding to concerns that need to be addressed through regulation.
New need for crowdfunding
One of the primary reasons behind the rising interest in crowdfunding is that as the price of bitcoin and other altcoins becomes increasingly stable, entrepreneurs can no longer steadily rely on the increasing value of these assets to fund their ideas.
For example, the 2013 rise in the price of bitcoin and other alternative cryprocurrencies such as litecoin allowed savvy investors in the bitcoin community new economic freedoms.
According to CoinDesk’s historical pricing data, investors could have realized over an 80x return on investment had they played the bitcoin market right.
This increase in price also means that new businesses could be formed and developed without outside investment.
One of the most notable examples of cryptocurrency crowdfunding and its current issues was provided this year by decentralized platform provider MaidSafe, which raised money via cryptocurrency, converting bitcoin into a token called MaidSafeCoin.
The affair was not as smooth as organizers had hoped, an account that was covered in depth by Forbes.
In essence, many of the coins that MaidSafe ended up with were mastercoins, an altcoin that has be criticized as illiquid. According to Coinmarketcap, recent 24-hour volume for mastercoin was around $1,500, which would make any quantity of it difficult to sell on the open market.
Jeremy Lam, co-founder of Vennd, offers a solution for what happened with the MaidSafe fund raiser. He said that the manual process of doling out digital shares of MaidSafeCoin is what caused problems:
An automated solution
Lam's Vennd project automates the distribution of digital assets purchased with cryptocurrencies.
Used by Swarm, Lam likes to think of his project like a vending machine: people send cryptocurrency to a Vennd instance, and its code tracks digital asset inventory. When a project runs out of a set number of digital assets, Vennd automatically starts refunding those who didn't get a share of a particular crowdfunding effort.
Unlike other crowdfunding efforts, the Swarm platform also claims it allows investors to have voting rights with the digital tokens that it dispenses through Vennd.
Joel Dietz, the founder of Swarm, told CoinDesk:
Dietz says Swarm tokens are a "programmable set of rights", allowing project investors a real say.
Lam offered a different take, saying that the Counterparty-based decentralized tokens that Swarm disburses for its projects are tangible instruments. This could include a share of profits or debt issuance. However, one risk with crowdfunding is that the collecting party may not use the money it raises for the express purposes detailed during fundraising.
"The tokens are worth as much as the issuer puts into them, strangely enough," Lam said. "Obviously, there is a trust factor there."
The appcoin alternative
Still, with any cryptocurrency crowdfunding opportunity, there remains the possibility that the issuers of the assets may default.
Swarm is not the only project seeking to tackle this cryptocurrency crowdfunding challenge. VC firm Andreessen Horowitz is looking into the concept of funding startup development with distributed coins.
Mentioned at Coinsummit San Francisco in March by Andreessen Horowitz’s Balaji Srinivasan and further outlined on AngelList founder Naval Ravikant’s blog, the firm has an idea to develop “appcoins" that would fund operational and technical development.
This type of coin would be pre-allocated for distributed ventures, which would then disburse appcoins as a scarce resource in return for contributions such as code development.
However, Ravikant told CoinDesk that the idea has not passed the conceptual stage. He called appcoin an “idle hypothesis that has yet to materialize”. Yet, the fact that major Silicon Valley venture capitalists are openly talking about appcoin gives it some validity.
The idea of an appcoin is not without its critics, however, as the topic broaches the sensitive topic of how assets are pre-allocated by cryptocurrency projects. In the altcoin world, where the development team commonly keeps a certain share of the initial coin offering, this process is known as premining.
A contentious subject, premining of any sort has caused a number of altcoins an early demise, as investors may believe that the only purpose of premining is to enrich the original creator of an asset.
Nevertheless, Ravikant believes that when it comes to application or other sorts of technology-related development, premining shouldn’t be an issue:
US crowdfunding concerns
Yet another unsolved concern is the fiduciary duty that crowfunders might take on when raising money with cryptocurrency in bitcoin's biggest market to date: the US.
The state of Washington, for example, has decided to take companies to task for failing to provide a return on investment for investors who participate in crowdfunding campaigns.
That state passed a bill allowing equity crowdfunding back in March. But, it is stepping up its enforcement of crowdfunding projects that don't provide meaningful recompense. In May, the Wasahington State Attorney General filed charges against a Kickstarter-funded game that produced no return for at least 31 Washington state-based investors.
In fact, the Washington State Department of Financial Institutions has offered up this warning in regards to crowdfunding:
Consumer involvement in such investments is still relatively low, but already regulators are issuing warnings – another example is an SEC alert that was put out just weeks after the MaidSafeCoin fundraising.
The future for crypto-crowdfunding
Cryptocurrency crowdfunding is a way to access funding without knowing accredited investors. However, it can be argued investors in these types of projects are unable to properly evaluate the risk associated with such investments.
In crowdfunding, that sort of criticality is not necessarily present. In fact, it seems traditional crowdfunding through sites like Kickstarter attract people who are looking to devote resources towards charitable causes, not necessarily business ventures.
Dietz, Swarm's founder, is aware of the regulatory issues that his effort presents, but he believes that with proper legal guidance, these issues can be mitigated.
He told CoinDesk:
AngelList's Ravikant seems fairly certain that there could be a divide in the future, with above-the-board crowdfunding sales and perhaps a ‘dark web’ of funding both proliferating. This could perhaps be done with alternative cryptocurrencies like the now-popular darkcoin or in certain localities.
Golden Piggybanks image via Shutterstock
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.


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Wcrz.com is now mobile! You live a mobile life, and now it's possible to stay connected to Cars 108 wherever you go. Our new mobile website makes everything you love about Cars easier to access when you aren't sitting in front of a computer.
Many of us do a lot of typing on computers and smartphones, but when’s the last time you actually used your own handwriting to communicate? According to a new survey, it’s probably been a long time — and our scrawls are suffering because of it.

domain: news


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(SAVANNAH, GA) In today’s age of digital information nothing is more important than keeping you data secure. However, we see stories in the news about large corporations and governments having information stolen all the time.
But, those large corporations aren’t the only ones at risk. The fact is that more than 70 percent of security breaches are targeted at small businesses. In fact, if you are a small business owner, there is a 50-50 chance your company will be the victim of a cyber attack.
You might be thinking if large corporations can’t seem to avoid cyber crime, there’s little you can do to prevent the same thing from happening to your business. But there are several things you can do to safeguard your online data.
Keith Fletcher is the Chief Operations Officer at Speros and has been a C level executive with multinational corporations for the past 30 years. Speros provides technology solutions for businesses, offering telephone systems, IT services, surveillance systems, web design and branding solutions, and cloud computing. Fletcher can be contacted at 912.665.2429 or firstname.lastname@example.org . Visit Speros at http://speros.com


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It has only been a few years since the Acura NSX was finally released, but not content to sit on their laurels, the company has introduced a handful of updates for the 2019 model to make the high-performance supercar even better than before!
Visually, you’ll be able to distinguish a 2019 Acura NSX model from it’s new body-color front grille (in place of the silver one) and high-gloss treatments for the front grille surround, front air intake mesh and rear bumper outlet mesh. High-gloss treatment is also applied to the available carbon fiber decklid spoiler and carbon fiber exterior package – including a front chin spoiler, side sill garnish and rear diffuser.
But that’s not all. The 2019 NSX is also available in a striking new color called Thermal Orange Pearl (shown above). Buyers can further accent the NSX with optional carbon ceramic metallic brakes with orange calipers. Standard brakes can now be fitted with red calipers.
Inside, the 2019 NSX can be optioned with an Indigo blue Semi-aniline leather and Alcantara theme. Buyers can also add a red color option for the semi-aniline (non-Alcantara) power sport seats, in addition to ebony. Additionally, a number of features (navigation, premium audio, front and rear proximity sensors, etc) are now standard options.
What we’re most excited about though is the improvements to the car’s performance, which build on an already impressive platform and turn it up to 11. While the powertrain remains the same (573 horsepower and 476 lb-ft of torque) engineers modified chassis components, tires and software tuning to make NSX even more responsive to the will of the driver, elevating performance driving in all circumstances, from daily driving to the circuit.
Chassis enhancements include larger front and rear stabilizer bars (increasing stiffness by 26 percent in front, 19 percent at the rear) and 21 percent stiffer rear toe link bushings. Rear hub rigidity has increased 6 percent. Software calibrations to the NSX’s Sport Hybrid SH-AWD power unit, active magnetorheological dampers, electric power steering and VSA settings capitalize on this new hardware, as well as the grippier tire setup.
The 2019 NSX rides on new Continental SportContact 6 tires, developed exclusively for the NSX. The new tires feature a revised tread pattern, construction and rubber compound for improved handling performance in all conditions—including wet weather driving. The track-focused Pirelli P Zero Trofeo R remains an optional dealer-installed tire.
So how much will the new model set you back? The 2019 NSX starts at $157,500 (an increase of $1,500 over the 2018 model) with $4,700 in previously optional content now standard. So you’re actually saving money on the 2019 model.


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Vivo Mobile Indonesia Will Launch V9 at Borobudur Temple
By : Hariyanto And Aldo Bella Putra | Saturday, March 24 2018 - 16:00 IWST
Grand launching vivo v9
INDUSTRY.co.id - Jakarta - Vivo Smartphone re-hit the Indonesian smartphone industry with the presence of its new flagship smartphone Vivo V9. No kidding, this time the launch of Vivo V9 as a smartphone with the latest innovation from Vivo will be present in the concept of a more spectacular and lively event.
After successfully held the V7 + event last year, the launch of Vivo V9 this time will be present in the concept that is not less interesting. Through upload photos from official account Instagram Vivo Smartphone Indonesia puzzle Vivo V9 launch location finally unfold.
The photo shows the location of the Vivo V9 launch will be located at Borobudur Temple Complex, Magelang, Central Java.
Edy Kusuma, General Manager for Brand and Activation Vivo Indonesia said the launch of Vivo is a surprise that is ready to be present for the people of Indonesia.
"With the concept we have prepared, the Borobudur Temple is the location we took for the launch of the V9 series." The launch at Borbudur Temple is not only the first one for Vivo, but also the first and the largest in Indonesia, "said Edy.
This makes Vivo as the only smartphone company that launches technology products in Borobudur Temple. This 15,000 m2 temple is the largest Buddhist temple in the world and has been named one of the eight World Heritage Centers by UNESCO in Indonesia in 1991.
In conjunction with the launch of Vivo V9 in Indonesia, Vivo Smartphone that deliberately targeted the younger segment also officially introduced Maudy Ayunda and Sincere as New Perfect Self Icon via Vivo Indonesia official Instagram account on March 7, 2018 ago. The involvement of the two singers and top artists Indonesia also adds a row Product Ambassador for Vivo V9.
Vivo V9 will come with excellent features AI Selfie with FHD + FullviewTM Display, of course Vivo Smartphone will make another surprise that certainly interesting to wait. What kind of surprise will be given? we look forward to it.


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Ford hit SEMA’s show with a volley of modified Focus and Fiesta models this year. The company says that the aftermarket show is the perfect venue for showing off just how customizable both vehicles can be, and with creations from the likes of Roush, Cobb Tuning and Gold Coast Automotive among others, there should be a hatch or sedan on hand in Las Vegas for everyone.
Roush has done what the company does best: plopping an R900 TVS Supercharger on top of the four-cylinder engine in the Focus for a substantial bump in power, and a full Roush exhaust ensures that the engine will breathe easy.
Cobb Tuning, meanwhile, went the turbocharging route with its Focus. The car boasts forged pistons, a custom turbo kit and front-mounted intercooler, as well as a unique air box, intake and exhaust manifold. No one’s saying just how much power the Focus will make, but a StopTech Trophy big brake kit should ensure the car can be brought down from speed in a hurry.
The star of the Fiesta show this year will likely be from Gold Coast Automotive. With an intercooled Jackson Racing Rotrex supercharger, Wilwood braking hardware on all four corners and a custom front diffuser and rear spoiler, this GCA entrant could be the mightiest Fiesta of them all. Hit the jump for the full press release.


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Through the continuous support of an expanding customer base, Sports Direct Malaysia opened its latest elevated superstore at Bangsar Village 3, in the affluent Bangsar suburb of KL. This stand-alone store boasts a retail footprint of close to 18,000 sf, and marks the 30th store in Malaysia, since its inception back in 2011.
“We are continuing to develop this new store concept as part of our elevation strategy to enhance the customer experience throughout their shopping journey. Our principal aim remains as delivering unparalleled value and variety but now in a fresh, easy-to-shop format across our various sports and lifestyle zones. The new store includes LED screens both at the entrance and instore to better update on latest promotions, trends, and activities,” said Paul Gibbons, Managing Director of Sports Direct Malaysia.
The store opening also marked the company considering itself ‘Export Ready’ with plans to take the concept overseas starting this year with stores planned in Singapore and discussions underway for Indonesia, Thailand, and the Philippines.
The store is uniquely zoned by key sports categories which includes; SD Football, SD Running, SD Training (fitness, cross training, gym equipment, weights, boxing, yoga), SD Rackets (badminton, tennis, squash), SD Swimming (pool, beach, water sports), SD Sports (basketball, rugby, extreme games, cycling, skates and indoor games), SD Lifestyle (Kids, Women, Men), and SD Outdoor (hiking, trekking, camping and fishing.
Sports Direct is also available online at my.sportsdirect.com


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Got Any Questions? Mail us: [email protected]
Nigerian afro-beat music legend, King Sunny Ade also has just been showered with a brand new Mercedes GLK 450 and N10 million from US based Auto merchant, Adekunle Adeya Falade.
It definitely looks like Nigerian entertainers are getting rewarded for their hard work and entertainment they’ve been dishing out for years to their fans. It can be recalled that Actor Muyiwa Ademola got gifted with a car and some cash a few days ago.
See more photos below:


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Washington [USA], May 20 (ANI): American automaker company Ford will be laying off 7,000 white-collar workers as part of their austerity measures which will help the company save around 600 million US dollars a year.
The latest cut will affect 10 per cent of Ford's salaried staff worldwide. Around 2,400 jobs cuts are in North America and 1,500 positions will be eliminated through voluntary buyout offer, according to CNN.
The workers will start receiving the pink slips from Tuesday and all terminations will be completed by August-end, as per a letter issued by CEO Jim Hackett on Monday.
The company has been making eliminations as part of a massive restructuring of its business. As per the plan, they are set to shut down three plants in Russia and one factory each in Europe and Brazil.
Even though Ford is doing fairly well on the domestic front, it has struggled overseas. It reported losses in South America, Asia, and Europe, despite doing well in North America.
The automaker's job-cuts are similar to what its rival, General Motors (GM), has been doing. GM, in an announcement last November, cut off around 8,000 jobs, which is equivalent to 15 per cent of its salaried and contract workers. Apart from this, GM also shut down five North American factories. (ANI)


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Do the math in media-buying terms, and clinical trial studies likely have one of the highest effective CPMs in the media business: $8 billion divided by 1 million successful trial participants = $8,000 per person or an $8 million effective CPM.
Thanks to a good friend who develops high-speed trading systems for Wall Street, I was a little ahead of the curve on the implications for blockchain trading on Madison Avenue. But I still don't get the push to float new cryptocurrencies to enable it, especially, when the old-fashioned one -- money -- still works fine.
An influential Wall Street analyst this morning predicts the industry's dominant players will report strong second-quarter results this week, but warns that digital's incremental advertising boon may be poised to stall. "There are many reasons to look at digital advertising through a negative lens at the present time," Pivotal Research Group's Brian Wieser writes in a note sent to investors this morning. "Digital advertising has had many problematic elements placed in the spotlight over the past few years (i.e. measurement, attribution problems, potential consumer toxicity, brand safety issues, market dominance by two companies, etc.), and many marketers are only now ...
Real-time marketing can be incredibly effective, but it doesn't come without its costs. Turns out, one of them is, well, time. A new report being released today by the CMO Council and IBM Watson finds that most organizations don't have enough time to manage the consumer data they have access to: first-, second- or third-party.
In what likely is the biggest consumer data play by any agency holding company since Dentsu Aegis Network's $1.5 billion acquisition of Merkle, Interpublic is expected to announce a deal to acquire the Marketing Solutions Business of big data firm Acxiom. The deal, reportedly valued at more than $2 billion, would be Interpublic's biggest and most significant acquisition since Michael Roth took over as CEO in 2005.
The long-term goal of AT&T is to become the third dominant walled garden in what Madison Avenue not-so-affectionately refers to as "the duopoly:" Google and Facebook. Get ready to hear a lot about the "triopoly."
One of the unintended consequences of marketer efforts to comply with the EU's new consumer data privacy rules has been a push by some to gather even more potentially sensitive data from consumers than they had in the first place. I've been hearing this anecdotally for weeks now, but it was a conversation I had late last week with the founder one of many entrepreneurs rushing to help consumers and brands mediate the exchange of personal data and privacy compliance that I realized what a paradox GDPR has become.
New variants of malware scams emerge almost daily, but one detected late last week deserves special attention from digital advertisers and media buyers considering cryptocurrency models. Instead of infecting computers to create fraudulent bot traffic, the new variant -- dubbed Prowli -- infects computers to siphon processing power to mine cryptocurrency.
The backlash to Accenture's announcement that it's getting into the programmatic media-buying business surprised me. Not because Accenture is diversifying, but because some pundits see a problem with that. The chief argument seems to be the most classic one: that you don't want a fox counting the chickens in the henhouse. Or, as MediaCom Worldwide Chairman-CEO Stephen Allan posited in a post on LinkedIn: "They can't police transparency and measure performance for clients while also competing with those of us who provide media services."
I was already thinking about the role blockchain may or may not play in digital media buying, especially the programmatic kind, before Parsec's Marc Guldimann circulated a well organized assessment of some leading digital media-buying blockchain solutions Sunday.


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Americans are expected to spend upwards of $7 billion online between Thanksgiving and Cyber Monday. But it is also estimated that U.S. e-commerce merchants will lose at least $63 million over the next five days due to online fraud.
The holiday shopping season is the busiest time of the year for fraudsters. Card scams, return scams, and fake identities contribute to hundreds of millions in losses for retailers. The sheer volume of transactions occurring online during the holiday period means that while awareness is heightened, many retailers, banks, and credit card companies are forced to relax their security and fraud protection in order to cope with the onslaught of card payments.
Nearly 1% of all these transactions will turn out to be fraudulent. At busy, chaotic periods like the holiday season, retailers will miss much of the fraudulent activity, which will only become apparent after year-end when customers start receiving their credit card statements. With up to 90 days to report any suspicious card activity, the effects of holiday fraud can have a massive impact on a retailer’s balance sheet for several months.
Merely validating a credit card’s authenticity is not a high enough barrier for many fraudsters. Trustev, focuses on identifying the individual attempting to make a purchase before any card details are even submitted. Our solution verifies the shopper’s identity prior to the payment process, guaranteeing the trustworthiness of the shopper. The technology works in the background of the transaction, verifying multiple dynamic data sources to confirm the customer’s identity without slowing down the checkout process.
Manual review of card-not-present (CNP) transactions can be prohibitively expensive for e-commerce merchants. Our solution at Trustev aims to bring online fraud rates down to the equivalent of offline and other channels, allowing retailers to accept international payments from countries previously deemed too high-risk.
If you'd like to see how we can help, visit www.trustev.com to signup for your free account where your first 1,000 transactions every month will be completely free, no strings attached.
Pat Phelan, CEO


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While GameStop (GME) stock has dropped 27% since late November, the retailer’s chief financial officer believes the company has taken the necessary steps to diversify its business beyond the sale of physical video game software.
“We have maintained a balance sheet that allows us to diversify, whether it’s inside the gaming space or outside of it,” Rob Lloyd says.
Over the past two years, the specialty video game retailer has grown its Cricket Wireless, Spring Mobile, and Simply Mac retail locations from 150 to over 1,000 stores. GameStop’s electronics and mobile division accounted for $165 million in revenue in its fiscal third quarter. Lloyd says the company is on a path for its electronics business to generate $1.5 billion by 2019.
The company recently launched three ThinkGeek stores in Orlando, Fla.; Palisades, N.Y.; and Dallas. Lloyd says the stores, which sell collectible merchandise from pop culture franchises like Star Wars and Marvel, are connecting with consumers. He says ThinkGeek remains a strong online business, and its collectibles merchandise has been integrated into all GameStop stores as well. The collectibles business generated $138 million in revenue last quarter.
With over 6,000 video game stores, Lloyd says GameStop can seamlessly transform stores from games to electronics or ThinkGeek locations.
Lloyd believes preowned game sales, which returns over $1 billion in trade currency to GameStop customers annually, has helped the company navigate new businesses.
“Preowned sales have been an important differentiator in our ability to survive in the consumer electronics category, which can be a challenging business,” Lloyd says.
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“GameStop is the last retailer to lose customers to digital downloads, due to their buy-sell-trade business,” says Michael Pachter, an analyst at Wedbush Securities.
Pachter believes investors who bailed on GameStop overreacted, as November is historically a self-purchase month while December is typically a gift-giver month.
“We should see a rebound to positive physical sales growth in December,” Pachter says.
Another trend that likely will end with Christmas now in the books is the record number of software bundles with new hardware. Pachter estimates that free software totaled 3 million units in November, up 100% from a year ago, and totaling 15% of physical software sold.
“This also has a dampening impact on GameStop sales,” Pachter says.
The video game industry is evolving. The explosion of free-to-play games across mobile devices, PC, and even consoles has grown the number of global gamers to over 1.4 billion according to research firm Newzoo.
WATCH: Do tech execs prefer board games or video games? Watch this Fortune video to find out:
Newzoo CEO Peter Warman forecasts that mobile games will generate $30.3 billion worldwide, generating more money than console games ($26.4 billion) for the first time. The firm expects sales for the total worldwide gaming market to be $91.95 billion in 2015.
With Sony selling over 30 million PlayStation 4 consoles faster than any previous console in history, Pachter believes Sony and Microsoft will launch new consoles in 2018 or 2019.
“But sales will likely be 50% as big cycle over cycle as we see a migration to other smart devices that will allow a similar in-home experience,” Pachter says.
In the short term, Lloyd is bullish on virtual reality. Three new high-end virtual reality platforms will launch in 2016, including Facebook’s Oculus Rift, Sony’s PlayStation VR, and the HTC Vive.
“These broader VR products that will make use of technology to drive the VR content is a place we’ll play in heavily,” Lloyd says. “We’re particularly excited about the gaming content that will be driven by these devices.”
Pachter forecasts $500 million in headset sales in 2016, and virtual reality could help GameStop in 2017 and beyond.
“It could bolster sales, and certainly will help offset continued market share losses to digital,” Pachter says.


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The crypto space has been in turmoil since the collapse of FTX late
last year. The popular crypto exchange, once valued at $32 billion, unraveled
throughout fall 2022 as a growing number of details of alleged fraudulent
activity were revealed.
Global Inc (NASDAQ: COIN) had been one of the remaining options for investors
to easily purchase cryptocurrency as bitcoin roughly doubled from its November
and breached the $30,000 mark once again before falling this week.
Securities and Exchange Commission filed a lawsuit against cryptocurrency
exchange Coinbase Global as the regulator turns up its pressure on the crypto
alleges Coinbase, the largest crypto exchange in the US, violated securities
laws by acting as an exchange, a broker and a clearing agency without
registering with the agency. It also offered and sold securities without
registering its offers and sales, the SEC said.
The two new
complaints from the SEC represent the latest of many recent high-profile
clashes between US regulators and the larger crypto world.
beginning of the year, the SEC has charged 15 different crypto actors with
violating securities laws. US crypto exchange Kraken paid $30 million in fines
to settle SEC charges in February, for allegedly violating securities rules by
failing to register its crypto asset staking program.
for the SEC’s new complaint is that certain crypto assets Coinbase offers to
customers are securities, and therefore under the SEC's jurisdiction.
Coinbase with the unregistered sale of crypto securities through its staking
program and accused the company of “commingling” services separated in
traditional securities markets.
parts of our securities markets, these functions are separate," said SEC
Chair Gary Gensler. "Coinbase’s alleged failures deprive investors of
critical protections, including rulebooks that prevent fraud and manipulation,
proper disclosure, safeguards against conflicts of interest, and routine
inspection by the SEC."
Why the COIN Weekly
Options Trade was Originally Recommended?
and shares in crypto and blockchain-related companies tumbled on Monday after
the U.S. securities regulator sued crypto exchange Binance, another blow to the
Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao for
secretly controlling Binance.US as part of a "web of deception" to
evade U.S. laws, among other charges. Reuters earlier reported that Binance
controlled its US affiliate’s bank accounts, despite claiming it was
The SEC also
said Binance artificially inflated trading volumes on the platform, diverted
customer funds and failed to restrict U.S. customers from its platform and
misled investors about market surveillance controls.
world's biggest cryptocurrency was down 5.45% after falling to its lowest level
since mid-March following the news. Binance's cryptocurrency fell 9.72%.
Coinbase Global Inc (NASDAQ: COIN) disclosed in March that
the SEC has threatened to sue the company over some of its products.
big crypto companies started out in the belief their products did not fall
within the SEC's jurisdiction and say the rules are confusing. They are now
"in a heap of trouble," said James Angel, a finance professor at
better be hiring lots of the best regulatory counsel that money can buy,
because they're going to need it."
of Coinbase were down 9.1% on the news of the SEC's charges against Binance.
The COIN Weekly
Options Trade Explained.....
The following trade was
recommended to Weekly Options USA Members but was unsuccessful due to the stock
falling dramatically before the opening bell.
** OPTION TRADE: Buy COIN JUN
23 2023 58.000 PUTS - price at last close was $4.80 - adjust accordingly.
However, this was followed up with “Additional
appears that the catalysts mentioned in the original recommendation are having
a major negative effect on the share price of Coinbase.
bitcoin is taking a hit this morning.
be beneficial to check out what happens to the weekly options put standing
before trying to enter the trade.
original recommendation of a 58.000 put would be very expensive to enter.
check out the next expiry below opening strike price OR try for a 45.000 put
It appears that most members are waiting to see when
the volatility will ease before entering the trade today. The new entry point
** OPTION TRADE: Buy COIN JUN
23 2023 50.000 PUTS - price at last close was $3.80 - adjust accordingly.
Don’t miss out on further trades – become a member today!
Global, Inc. is among the world’s largest and foremost cryptocurrency
exchanges. The company provides financial infrastructure and technology for the
cryptocurrency economy in the United States and internationally. Coinbase
Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.
began with the idea that anyone, anywhere should be able to buy and sell
Bitcoin and it has grown in tandem with the cryptosphere. Coinbase Global IPO’d
in early 2021 and listed more than 100 million verified individual users less
than a year later. Assets on the platform fluctuate based on the value of the
cryptocurrency market but are counted in the $100’s of billions. The company employs
roughly 5,000 people and serves clients in more than 100 countries. The company
lists more than 200 assets for trading and over 350 for custody purposes.
is led by Bryan Armstrong. Armstrong is a co-founder, Chairman of the Board,
CEO, and president of Coinbase and the driving force behind the business. One
of his many innovations is making Coinbase Global, Inc a “remote-first”
business which means there is no official corporate headquarters. The company
operates offices in 12 cities around the world, however, and leases space when
there is a concentration of employees in a new area.
Global, Inc offers a range of tools for traders and investors. The company
offers a primary financial account in the crypto-economy for businesses and consumers
alike. The primary account, often referred to as a wallet, allows owners to
buy, sell, trade, send, and receive cryptocurrencies supported by the platform.
Coinbase Global supports well over 200 different cryptocurrencies and the
number is growing so the potential application is very broad. New users may
also earn free cryptocurrencies by participating in the company’s education
program. The program informs users of new cryptocurrencies and rewards them for
Further Catalysts for the COIN Weekly Options Trade…..
filed in a federal court in Washington, D.C., are the latest in a string of
enforcement actions brought by the agency in a bid to curtail the
cryptocurrency industry, which SEC Chair Gary Gensler has described as
"the wild West."
crackdown has prompted some crypto companies to increase compliance, spike
products, and expand overseas, moves that some marketwatchers said would likely
be accelerated by this latest action against the world's largest crypto
is yet another targeted attack that is devastating in the crypto ecosystem.
Pretty soon, the SEC won’t have anyone left to sue," said John Reed Stark,
a former chief of the SEC's Office of Internet Enforcement.
statements, Binance said it had been cooperating with the SEC's probes and had
"worked hard to answer their questions and address their concerns"
including by trying to reach a negotiated settlement.
its complaint today, the SEC abandoned that process and instead chose to act
unilaterally and litigate. We are disheartened by that choice," the
move to abandon a settlement and move to litigate underscores the
aggressiveness with which it has approached the cryptocurrency industry, which
the agency says has violated its rules on trading and securities issuance.
Global shares are
trading lower after the SEC prosecuted Binance over U.S. securities
Needham analyst John Todaro reiterates
Coinbase with a Buy and a $70 price target.
dug deeper into COIN's May key metrics and believes that the retail percentage
of total volume will be lower in Q2 FY23 than in Q1 FY23. While Q1 FY23 saw a
return in retail appetite as momentum increased and meme coins saw a sudden
resurgence, this appears to have been short-lived.
saw BTC & ETH as a percentage of total volume reach 64%--the highest level
yet in 2023 indicative of further retail 'exiting' from the space, and would
expect the retail mix of total volume to decline quarter-over-quarter (unless
June sees an unexpected bump).
that volumes declined only 23% month-on-month, but alt-coin volume declined to
its lowest level in FY23, indicating more erosion in retail.
modest ETH staking deposit withdrawals over the month, while Lido and Binance
saw increases. USDC market cap is grinding lower.
writes that DEXs are a real threat to Coinbase (and other centralized
exchanges) as DEXs are, to varying degrees, 'decentralized' any user can create
a market on the exchange. As such, DEXs offer significantly more assets for
trading than Coinbase.
notes that COIN is ceding share, primarily to 'DEX' Uniswap. A decentralized
exchange (DEX) is a digital currency exchange that allows users to buy crypto
through direct, peer-to-peer cryptocurrency transactions all over an online
platform without an intermediary. Uniswap is also a cryptocurrency.
worsening volume picture is not the only cause of concern for Coinbase. Volumes
across the industry have declined, and while we saw a modest uptick in Q1 FY23,
downward volume trends continued in Q2 FY23.
brought his Q2 FY23 revenue estimates down to reflect the lower volume and mix
share of retail vs. institutional after the alt-coin activity declines. He also
lowered his FY23 revenue and EPS estimates.
is cautiously optimistic about an improving landscape in late FY23 and FY24 on
1) the halving in Q1 FY24 bringing back momentum, 2) easing regulation (draft
bill put out this past week would term various crypto assets as commodities),
and 3) easing monetary policy.
According to the issued ratings of 26 analysts in the last
year, the consensus rating for Coinbase Global stock is Hold based on the
current 6 sell ratings, 11 hold ratings and 9 buy ratings for COIN. The average
twelve-month price prediction for Coinbase Global is $61.48 with a high price
target of $110.00 and a low price target of $27.00.
Global has a market cap of $14.91 billion, a price-to-earnings ratio of -6.23
and a beta of 2.58. Coinbase Global has a 52-week low of $31.55 and a 52-week
high of $116.30. The company has a quick ratio of 1.04, a current ratio of 1.04
and a debt-to-equity ratio of 0.60. The company’s 50 day moving average is
$60.47 and its 200 day moving average is $55.19.
For future trades, join us here at Weekly Options USA, and get the full details on the next trade.
Join us today and find out!


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Utomik is the latest in online streaming services to attempt to usher in that “all digital future” that pioneers of press speak like Larry “Major Nelson” Hryb have been proselytizing since the days of Microsoft’s less-than-successful attempt at getting gamers on board the “power of the cloud” train. Well, despite other services like OnLive not quite taking off for the long haul due to infrastructure issues and sustainability challenges, Utomik feels like their time is now and they don’t want to be like John Cena where you can’t see them.
So what do you do in a crowded digital market to stand out? Try to lure in as many publishers as possible to help leverage the software offerings through the digital library of streaming content. With that said, Utomik decided to acquire the services of Curve Digital to add their offering of games to their ever-expanding smorgasbord of digitally delectable content.
The new games from Curve Digital that are currently available on Utomik were briefly and quickly spotlighted in a 37 second promo trailer to give you a quick rundown of the new content.
The line-up of games includes:
- Manual Samuel
- Human: Fall Flat
- Stikbold! A Dodgeball Adventure
- Serial Cleaner
There are also a number of other games being added to the line-up as well in the coming months, including:
- The Flame in the Flood
- The Little Acre
- Stealth Bastard Deluxe
- Stealth Inc 2: A Game of Clones
- Pumped BMX+
Utomik plans on expanding its library each and every week to add to its constantly growing cache of more than 700 hand-picked games from a diverse selection of publishers and game developers.
Cloud streaming still isn’t quite household adopted by most people given average internet speeds and bandwidth caps – and boy oh boy does streaming eat into bandwidth caps – yet some companies continue to push forward regardless of what roadblocks stand in their way.
If you feel this is a tenable service to suit your gaming needs, you can learn more about Utomik by visiting the official website.


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Energizing India News, 14 Sep 21′
Toyota Motor Corp said it expects to spend more than $13.5 Billion by 2030 to develop batteries and its battery supply system – a bid to lead in the key automotive technology over the next decade.
The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, is now accelerating to deliver its first all-electric line-up next year. Considered a leader in developing batteries for EVs, Toyota said it aims to slash the cost of its batteries by 30% or more by working on the materials used and the way the cells are structured.
“……then, for the vehicle, we aim to improve power consumption, which is an indicator of the amount of electricity used per kilometer, by 30%, starting with the Toyota bZ4.” Chief Technology Officer Masahiko Maeda told a briefing, referring to an upcoming compact SUV model.
The company is also the front runner to mass produce solid-state batteries – a potential game-changer for automakers because they are more energy-dense, charge faster, and are less prone to catching fire. If executed profitably, they could replace liquid lithium-ion batteries.
While it was still struggling with the short service life of these cells, Maeda said there was no change in Toyota’s target to begin manufacturing solid-state batteries by the mid-2020s. “We are still searching for the best materials to use,” he added.
Solid-state batteries are extremely expensive to fabricate and are prone to cracking during use when they expand and contract. The result is a shorter lifespan and a lower level of productivity. Toyota as part of its global business activities will promote electrification strategies that reduce CO2 emissions over the duration of an automobile’s life cycle and consult government officials on how to bolster the environment for electric vehicle promotion.
Listen to our podcast with key industry leaders on how we can accelerate the adoption of EVs in India:-https://energizingindia.tv/episodes/
Toyota said it aims to slash the cost of its batteries by 30% or more by working on the materials used and the way the cells are structured.


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Bayonetta 3 announced
New entry in the action game franchise is in development
Nintendo has announced that Bayonetta 3 is currently in development.
Not much is known about the game, apart from a short teaser trailer shown at The Game Awards 2017. It is once again being developed by series creators PlatinumGames.
Bayonetta 3 will be released exclusively on the Nintendo Switch.


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OLYMPIC Paints introduces mobile application for iPhone, Android devices
COLORCLIX app helps consumers find inspiration, manage painting projects
PITTSBURGH, March 28, 2010 – Selecting paint and décor colors and managing home painting projects has never been easier, thanks to the new COLORCLIX(TM) mobile application available free from OLYMPIC(R) Paints. The ColorClix app helps consumers to find color inspiration in anything they see by snapping a photo with a mobile device, selecting any color displayed and matching it to one of more than 1,200 Olympic Zero-VOC Interior and Dirtguard Exterior Paint colors. It also helps users to select paint colors, order samples and find retail locations across the country.
“Our ColorClix app transforms how consumers take their daily color inspirations – colors in anything from furniture to a floral arrangement or an art pattern – and turn them into a design reality in their homes,” said Jennifer Dodson, senior marketing manager, Olympic Paints. “The app brings an element of fun and spontaneity to the color process because anything can be an inspiration. By simply snapping a picture on a mobile device, homeowners can quickly find a matching shade of Olympic paint.”
The ColorClix app from Olympic Paints provides consumers with several options for matching colors to any Olympic Interior or Exterior Paint color:
- Grab a Color: Consumers snap photos using their devices' cameras or choose existing pictures from their photo libraries and select the colors they want to match.
- Get Inspired: Users browse Olympic Paints’ designer collections, such as the Audubon Collection, which highlight colors that complement each other.
- Have a Color in Mind: For those who know what color they like in general but want to find an exact shade, it’s easy to browse Olympic Paints’ most popular colors by color family.
The mobile app seamlessly ties to Olympic Paints' online color tools, which include a downloadable desktop application that gives consumers the ability to view the entire Olympic Paints color pallette. Consumers also can virtually “paint” a room to instantly see how different colors work together in a space. Additionally, consumers can save their projects and share with friends via email, Facebook or Twitter to gain confidence in their color choices. All projects can be saved and accessed through the mobile app or the desktop app, giving consumers the ability to get inspired by color anywhere and anytime.
The ColorClix mobile app is available in the Apple App Store or the Android Market. The desktop ColorClix tool is available for download at www.Olympic.com in Windows- and Mac-compatible versions.
Olympic Paints offers a zero-volatile organic compound (VOC) paint and colorant formula in more than 1,200 shades, exclusively available at Lowe’s stores nationwide starting at $19 per gallon or under $3 for an 8-ounce sample.
Join the colorful conversation about painting and the new ColorClix mobile application by "liking" Olympic Paint and Stain on Facebook (http://www.facebook.com/olympicpaintandstain) and by following Olympic on Twitter (www.twitter.com/inspiredcolor). Log on for updated painting and color-selection tips, how-to pointers and inspiration from others sharing their latest home-improvement stories.
Olympic Paints, a brand of PPG Architectural Finishes, Inc., is a category leader in the paint segment with distribution in Lowe’s, the nation’s second-largest home improvement retailer. Olympic Zero-VOC, low-odor Premium Interior paints offer a natural choice for “green” decorating. For more information and ongoing color updates, visit www.olympic.com.
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2010 were $13.4 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.
ColorClix is a trademark and Olympic is a registered trademark of PPG Architectural Finishes, Inc.
PPG Architectural Coatings – Americas and Asia/Pacific


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Start the conversation
"Apple Pay will forever change the way all of us buy things," Apple Chief Executive Officer Tim Cook said as he introduced the feature last month.
Now, that won't happen overnight. And Apple Pay won't be alone. But make no mistake: The transition to mobile payments has begun.
Mobile payment transactions in the United States alone totaled $1.59 billion last year. They will more than double in 2014 to $3.5 billion, according to research firm eMarketer. They'll more than double again in 2015 to $8.95 billion.
By 2018, eMarketer projects that U.S. consumers will make $118 billion in mobile payments.
Numbers like that are attracting a lot of powerful companies to fight over the spoils. Big profits await the winners.
This war matters to investors, too. Picking a winner will mean big gains. Picking a loser means missing out. The sooner investors sort out who's who, the sooner they can start profiting from mobile payments themselves.
We've already analyzed this trend and, even this early in the war, have spotted several winners and losers.
Let's get started.
The Mobile Payments War Is Here
The mobile payments shift will be complicated by bones of contention: fees and data.
Credit card companies and the banks that issue those cards make billions on usage fees. They want to find a way to keep that money coming as consumers shift to mobile payments.
About the Author
David Zeiler, Associate Editor for Money Morning at Money Map Press, has been a journalist for more than 35 years, including 18 spent at The Baltimore Sun. He has worked as a writer, editor, and page designer at different times in his career. He's interviewed a number of well-known personalities - ranging from punk rock icon Joey Ramone to Apple Inc. co-founder Steve Wozniak.
Over the course of his journalistic career, Dave has covered many diverse subjects. Since arriving at Money Morning in 2011, he has focused primarily on technology. He's an expert on both Apple and cryptocurrencies. He started writing about Apple for The Sun in the mid-1990s, and had an Apple blog on The Sun's web site from 2007-2009. Dave's been writing about Bitcoin since 2011 - long before most people had even heard of it. He even mined it for a short time.
Dave has a BA in English and Mass Communications from Loyola University Maryland.


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Zoe Quinn is eager to emphasize the importance of her information security skills.
An online culture war erupted around Quinn in 2014 when her ex-boyfriend allegedly published rumors of an unethical relationship between Quinn and members of the press covering the game industry. Arguments over that controversy quickly spiraled into an online culture war in which numerous female game developers and journalists were harassed.
“It basically immediately went straight to the rape and death threats,” Quinn said. “Like that same night. And continued unabated for weeks, and months and now years.” The episode would later come to be known as “Gamergate.”
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As the threats and abuse against Quinn rose to a fever pitch, abusers started breaking into email, financial records and other accounts belonging to Quinn and people around her.
Zoe Quinn. Courtesy of Hachette Book Group/Perseus Books
“It spread to (the discussion board community) 4Chan, and that really got out of control. They were immediately finding out the home addresses of my friends,” Quinn said of the online forum that originated much of the harassment. “They were compiling a dossier and saying, ‘Let’s burn her to the ground.’”
It was a hard lesson that has made Quinn careful about answering potential security questions while being recorded — even during a sound check ahead of an interview —and made her apt to offer advice on information security to anyone who will listen.
“Get a password manager. Now,” Quinn told To The Best Of Our Knowledge’s host Anne Strainchamps.
That urgency is rarely present when people create a new online password on a typical day. But according to Quinn and cybersecurity experts, there are steps you can take to make your well-worn and familiar passwords better, and best practices you can follow.
So what’s this password manager Quinn suggests? Software for your computer, web browser and mobile devices that can generate long, complicated and random passwords, and store them for retrieval.
It might sound complicated, but password managers actually simplify and organize the process of creating and recalling passwords for services across the internet. Just sign up for one — Lastpass, 1Password, and Dashlane are just a few examples — and install their browser extensions, or download their phone and tablet apps. Then start resetting your passwords.
Once you’ve entered your master password, the software is smart enough to save passwords when you enter them and generate new passwords when you arrive at a screen to set a new one.
However, no matter how secure you and your passwords might be, passwords do get hacked, even when you have them safe inside a password manager. This is where a “two-factor authentication” for online services becomes important, writes cybersecurity journalist Brian Krebs. “With this new feature enabled, thieves would have to know your username, password and have access to your mobile device or impersonate you to your mobile provider in order to hijack your account.”
Once two-factor authentication has been activated on an account, you’ll need a “second factor” to log in — either a new code generated and texted to your cell phone number, or a random number generated by a phone app installed on your smartphone, which must be entered in addition to a password. So even once your password is compromised, a hacker won’t get far without access to your phone.
A hacker can also gain access to your online accounts via your email because that’s where many password reset requests go. This makes email access an especially attractive target for hackers. For additional security, consider using a secondary email address designated solely for registering online accounts and recovering lost or forgotten passwords, Krebs writes.
Hackers don’t give up easily. They can call companies asking for a password reset, where they’ll be presented with security questions like “What’s your mother’s maiden name?” or “What’s your favorite pet’s name?” The answers to these questions frequently can be found in publicly-accessible databases and are generally far less secure than an actual password. Wired writer Mat Honan found that out the hard way.
Quinn suggests treating these questions like passwords — create answers as nonsensical or gibberish phrases, then save those as custom entries in a password manager.
Establishing personal password security is a critical first line of defense, but legal scholar Danielle Citron recommends contacting law enforcement if someone is experiencing threats online, including threatening to release information like photos or personal information publicly. Even once your accounts have been compromised and the damage has been done, there’s help to be found, particularly when it comes to the removal of personal, potentially compromising images posted without consent.
If you’re worried about being attacked online, the Crash Override Network, started by Quinn and other victims of online harassment, have an online coach to help determine what steps you should take to secure your online presence.


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In a further sign that the high-end residential segment remains stuck in the doldrums, one developer is making the relatively bold move of offering all units in a District 10 condo in a bulk sale at a relatively cheap price, in an attempt to improve cash flow.
Developed by Hiap Hoe, the 48-unit Treasure on Balmoral is being offered at a guide price of S$191.4 million, or S$1,850 per square foot (psf), its marketing agent Savills said.
The project was first launched in January last year but managed to log only one sale, which was subsequently dropped, Urban Redevelopment Authority data showed.
“The buyer chose to give up the purchase as a result of the announcement of fresh market-cooling measures,” said Savills managing director Steven Ming, who added that Hiap Hoe is looking to monetise the project and explore other investment opportunities.
Analysts said while there have been several bulk sales in the past, developers usually resort to such a move only when sales are slow.
The high-end market has been the hardest hit by repeated rounds of cooling measures as well as the Total Debt Servicing Ratio framework. Between January and May, developers sold 203 new homes in this segment, one-fifth the 1,017 units sold in the same period last year.
“It is no secret that the high-end market is badly affected by the downturn, which is why we’re seeing developers working hard to offload their projects. And for this developer, (a bulk sale) is one way for them to exit this particular investment and move on,” said Mr Nicholas Mak, executive director of SLP International Property Consultants.
“It’s a sign of a challenging market conditions in the high-end segment. When the market is good, I don’t think developers would take this route because selling individual units is more lucrative. By selling in bulk, they have to offer some discounts.”
Mr Desmond Sim, CBRE’s head of research, said Hiap Hoe will be relieved of the risk and financial burden of holding onto unsold units if this strategy is successful.
“If there’s a buyer, Hiap Hoe can offload everything in one transaction even if the profit margin is smaller. If they sell the units individually, it’s very difficult to sell out quickly in the current soft market and, in the long run, the unsold units will put pressure on their balance sheets,” said Mr Sim.
“The location of the project is not bad and S$1,850 psf is quite a bargain, so if someone has the appetite for this, it’s good for the developer’s cash flow.”
He added it remains to be seen whether the sale would go through.
However, Mr Ming is optimistic that the pricing would attract some interest. “What we have here is a rare opportunity for private investors or ultra-high-net-worth individuals to acquire a well-located and high-quality product as an investment property or a strata sales exit in future.
“We believe this opportunity will attract wide-ranging investors, as many will see mid-to-long (term) value at this guide pricing.”
Source : Today – 10 Jul 2014


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bits of data regarding Xbox Live since the launch of the New Xbox Experience. Overall, sales of content on Xbox Live Marketplace -- including games, movies, and TV shows -- are up considerably. Probably most impressive is the claim that Xbox Live Arcade sales have "almost tripled" since launch. Specifically, the sales of games with Avatar support -- UNO in particular -- have gone up. A Kingdom for Keflings, which includes Avatar support and launched the same day as the NXE, had "the second-best first week of performance ever" (what was the first, we wonder?). Another interesting tidbit, the number of Friends added per Xbox Live member has increased by 33% since launch.
Joystiq got a chance to pick the brain of Xbox group product manager Aaron Greenberg about the NXE launch. Head over to Joystiq to read his thoughts yourself.


text: Sony’s new device code named ‘Honami’ pictures has been popped up online grabbing millions of Sony fans attention to the new device. The device is supposedly the new member of the Sony’s Android series Xperia and seems to emerge as another flagship from the comapny after Sony Xperia Z Ultra. Honami is being claimed to sport a better UI as compared to not only Xperia family but the whole smartphone community. As per the leaks, the device will run on a Snapdragon 800 processor to support Android 4.2.2 Jelly Bean. The most amazing fact to be known about Honami is that it will sport a 20 MP rear camera along with a new Super Resolution algorithm set. Other camera features include ISO as well as a Steady Shot mode accompanied by a 2.2 MP front camera. Whether the device will be posing dustproof and waterproof features is not confirmed but it’s been very clear in the leaked picture that the new device unlike Z ultra will not be covered with tempered glass but will feature a beautiful Aluminium body with some other funky specs. The new device will also sport combined features of Sony Xperia Z and Z Ultra but to make it more appealing Sony have given it some more features which no other Xperia devices have till date. Other details about Honami are not confirmed but it seems that the Japanese company may unveil the new device at the press meet on July 8 in Paris.


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Live recording of the webinar "Powering Up Your Employment Potential Through Accessible Technology" originally recorded on Friday, September 26, 2014.
Ernst & Young, LLP (EY)'s commitment to inclusion extends to accessible workplace technology, and PEAT recently spoke with Lori B. Golden, the firm's abilities strategy leader, to learn more.
To learn more about the company’s commitment to providing accessible products and services for the workplace, PEAT recently spoke with Paul Albano, a senior product manager at Canon U.S.A's Business Imaging Solutions Group.
PEAT recently spoke with AT&T's Diane Rodriguez about the company's commitment to providing accessible products and services.
Live recording of the webinar "Designing for the Future: Building Accessible Technology for the Workplace." The webinar was recorded on Wednesday, September 3, 2014.


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Xolo's introducing the third of its quad-core devices into the Indian smartphone market soon and we've got the specs on it.
Another phone gets the leak treatment courtesy an online retailer; an act that seems to be becoming a trend of late.
Idea has introduced two new 3G Android smartphones in India. The Idea Aurus III is an advanced version of the Aurus II, which was launched earlier this year.
It is the free edition of DB2 database for Linux, Windows, Solaris,......
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The operator has seen success with its bundled offering, attracting 1.274 million triple-play subs by the end of the year, which represents over 40% of its customer base and was up 16.5% on the previous year.
Telephony subscribers were also up, 15.8% to 1.4 million, as were broadband numbers, up 9.2% to 1.7 million.
Blended ARPU in the fourth quarter was €39.19, an increase of €4.13 or 11.8%
Year-on-year. Fourth quarter revenues amounted to €378.0 million, up 5.9%. Full year revenues were up 7.4% to €1.478 billion.
Ziggo CEO Bernard Dijkhuizen said, “We have continued a strong performance in the last quarter of the year, consistent with the trends we saw throughout 2011, which produced a successful year for Ziggo. Our strategy of focusing on high quality bundled services has resulted in further growth in RGUs in both the consumer and B2B segments, driving higher revenue. Our investments in the infrastructure and customer satisfaction are driving this growth and we will continue to invest in new attractive propositions for our customers to maintain this momentum in 2012.”
ICYMI: European Commission takes issue with planned French SVOD rules digitaltveurope.com/2021/04/15/eur… https://t.co/v7ZXLiCufN
15 April 2021 @ 20:00:01 UTC
ICYMI: Liberty Global trialling Distributed Access Architecture with Teleste digitaltveurope.com/2021/04/15/lib…
15 April 2021 @ 18:28:00 UTC
SPI/FilmBox expands into Nordic market with Waoo deal digitaltveurope.com/2021/04/15/spi… https://t.co/WZBzkO5lPy
15 April 2021 @ 17:00:00 UTC


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April 1, 2020
Got Delivery? Then Get On BevMap
Up to date delivery, curbside, and to-go listings
restaurants, bars, wineries, beverage retailers
Stay home, and support your local businesses
The coronavirus pandemic has cost the restaurant industry $25 billion in sales and 3 million jobs since March 1, says the National Restaurant Association.
As a result of social distancing, many venues have shut their doors and shifted towards delivery or curbside pickup – but there’s still the problem of getting the word out there.
That’s where BevMap comes in. BevMap is a free platform for restaurants, bars, wineries, and beverage retailers to let their customers know they can still get a taste of their favorite food while staying home.
“We are lifetime veterans of the Food & Beverage industry and we see this pandemic as a crisis situation – our industry will change forever if we don’t act now and help each other and get through this time with a spirit of collaboration,” says ŌMvino, the creators of BevMap. “We made BevMap to support your favorite food & beverage businesses & showcase their new offerings so they can thrive in these challenging times.”
It only takes a few minutes to sign up and let locals know you’re available for pick up or delivery, and online retailers are more than welcome on the platform, as well.
Users can browse BevMap by region and see which of their favorite local spots are still serving and more locations are constantly being added to the list.
A list of non-profit Food and Beverage organizations will also be added to the listings soon, a BevMap representative told us via email.
So what are you waiting for? If you’ve got delivery, then you’ve ought to get on BevMap!
Still have question? You can email the BevMap team for more information or a business consultation: firstname.lastname@example.org.
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This entry was posted in 2020, Spring 2020, April 2020, Blog, Features, Blog, Food, Hot Stuff and tagged in april 2020, beverage industry, beverage industry news, bevmap, bevmap feature, bevmap the burgundy zine, burgundyzine, burgundyzine.com, coronavirus restaurant statistics, covid 19 restaurant industry, covid 19 restaurant statistics, curbside, curbside pickup, delivery, eat local, feature, feature story, features, food delivery, food delivery coronavirus, food delivery covid 19, food industry news, food news, food pick up, free advertising, free food advertising, free food delivery advertising, free restaurant advertising, Got Delivery? Then Get On BevMap, hot stuff, how to advertise food delivery, how to let customers know you're still delivering, how to let customers know you're still open, local, local business, local restaurants, news, restaurant news, restaurant statistics, restaurants, restaurants that deliver, social distancing, support local business, support local restaurants, the burgundy zine.
A cynical optimist and mad scientist undercover, burgundy bug is the editor, graphic designer, webmaster, social media manager, and primary photographer for The Burgundy Zine. Entangled in a web of curiosity, burgundy bug’s work embodies a wide variety of topics including: neuroscience, psychology, ecology, biology, cannabis, reviews, fashion, entertainment, and politics. You can learn more about working with burgundy bug by visiting her portfolio website: burgundybug.comView more posts from this author


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Battenhall appoints Steph Bennett as account director
Battenhall has appointed Steph Bennett as account director.
Bennett brings with her consumer social media strategy and campaign delivery experience, most recently from her role as social media and marketing manager at coffee brand Lavazza where she worked on its recent high profile Wimbledon sponsorship. She will work across Battenhall client social media and comms strategy.
Bennett, who is a blogger and vlogger, starts at the brand communications agency on 12 August.


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Sony is planning on using the Playstation 4 to help push its new 4K resolution (aka Quad HD) HDTV sets much the same way it used the Playstation 3 to push Blu-ray according to a new report released on Wednesday.
Jonathan Geller of BGR via Yahoo News is reporting that Sony will include 4K resolution support with the PS4 just as it has already with the some Blu-ray players.
4K resolution TVs get the technological moniker by supporting around 4,000 pixels across on the television screen. Common resolutions include 4096 × 1714 and 4096 × 3112 and effectively displayed four times the number of pixels on screen.
Sony is reportedly going to launch its first 4K sets in time for the holiday 2012 shopping season. The Playstation 4 is rumored to be launching late in 2013. If true, this should give Sony time to bring down the cost of the HDTV sets using 4K resolution to something that average consumers can afford.
There will likely be a shortage of media that can support the 4K resolution for quite a while so Sony will likely hope that producing a games system that will support its TV technology will help sales. It helped make Blu-ray the de facto standard for HD movies and TV shows. It didn't help so much with 3DTV though.


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DNotes Global, Inc. today announced the launch of its Alpha Pre-Release of the DNotes 2.0 digital currency on March 18, 2018. According to a company spokesperson, DNotes 2.0 represents a significant upgrade of the original DNotes currency first introduced in 2014.
DNotes is a blockchain-powered digital currency and payment system that enables its stakeholders to send funds to one another in a rapid, efficient, and low-cost way. The upgraded version of the digital currency will add new features and capabilities and signals the start of the next stage of DNotes’ push to achieve global mass acceptance and adoption.
“With DNotes 2.0, we have upgraded the technology behind our digital currency as part of our broader effort to build out the DNotes ecosystem,” DNotes Global, Inc co-founder and CEO Alan Yong said. “The changes we have implemented with this launch are a crucial part of that strategy and will help to solidify our ecosystem’s foundation as we continue onward toward earning acceptance as a globally-accepted parallel currency and payment system.”
DNotes Global, Inc. also announced that the new DNotes will no longer operate using the “proof-of-work” protocol. To avoid the potential for mining centralization and dilution of stakeholder influence, the company has chosen proof-of-stake as its new network consensus algorithm. The new system enables stakeholders to use their wallet to run a node supporting the DNotes network.
The staking system provides payouts in newly-generated DNotes. Each node’s payout odds are commensurate to its owner’s coin balance as a proportion of the total number of coins being ‘staked’ on the network. The company has suggested that anticipated rewards for staking will be around 2% of the total coins in circulation each year.
“The rewards are just part of the benefit, however,” Yong noted. “The real benefits come from the increased influence that proof-of-stake provides to DNotes stakeholders. POS redistributes economic incentives from miners to coin holders, but it also removes the risk of miners exercising their influence to slow or prevent progress – a problem that has plagued coins like Bitcoin for some time now.”
The DNotesVault will continue in its role as a web portal and online fortress that provides an easy to use interface for users while offering state-of-the-art protection for account-holders’ funds. The new DNotes will reportedly enjoy the same guarantee fund protection that the original version provided to users.
The currency’s Cryptocurrency Investment Savings Plans will see a change. With DNotes 2.0, the company has expanded the plans to ensure that all DNotes users enjoy their benefits. Under the new system of rewards, every DNotes depositor will earn interest on holdings held in their account for set periods of time, at a rate of 0.5% interest every 30 days.
As Yong notes, ‘Digital currency was always meant to be a promise: a promise that says that your money should be yours to control. With DNotes 2.0, we are one step closer to making that promise a reality for everyone around the world: more control over your own money, and greater financial inclusiveness. That’s the future of money.”
“The launch of DNotes 2.0 is just the beginning. In the weeks and months to come, we will have additional announcements about new ecosystem features, new programs, and exciting new changes. Stay tuned, because the future of money is here – and the best is yet to come.”
About DNotes and Alan Yong:
DNotes co-founder Alan Yong is a well-regarded visionary who established Dauphin Technology in 1988. He is the author of the book “Improve Your Odds: The Four Pillars of Business Success, and is well-regarded as a “thought leader” in the cryptocurrency industry.
DNotes is a digital currency noted for its consistent and reliable growth, and innovative initiatives that actively engage women, young people, small businesses, workers, and others – effectively inviting the world to participate in the digital currency revolution.
For more information please visit: http://dnotescoin.com


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It seems that there is a large number of so-called “Hulk screen” defects that cause the screen to turn green in this top model Galaxy S20 Ultra .
At least 10 or more reports of similar symptoms have been posted on the official forum.
This problem, apparently, has happened since the latest update that came with the security patch for April the other day.
Therefore, it seems likely that it is a software defect for now.
In addition, it is especially noticeable when the display refresh rate is 120Hz or when the screen brightness is relatively low.
Furthermore, it seems that it is occurring only in the Exynos-equipped version so far.
By the way, the Galaxy S20 Ultra has no plans for domestic release so far.
However, there is only one case, but there is also a symptom report on Galaxy S20 with Exynos version, so it is possible that this is not model dependent but firmware version dependent.
In that case, even in the domestic version, there is a possibility that similar problems will occur with the April security update.


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Bloomberg checked the books and noted this would be Nintendo's first annual loss in over 30 years, its first since becoming a video game juggernaut.
The negative annual news came bundled with details for the first six months of the fiscal year ending September 30, which saw the platform holder double its expected loss, from ¥35 billion ($462M) to ¥70.2 billion ($926M).
Nintendo blamed "a smaller number of hit titles overall, a decrease of both hardware and software sales ... price reductions of Nintendo 3DS hardware and Wii hardware in overseas markets along with the inventory markdown, and the impact of a much stronger yen against the U.S. dollar."
During the six month period, the 3DS sold 3.07 million units, but just 8.13 million pieces of software. Meanwhile, in the same period, DS models moved 2.58 million units and 29 million pieces of software. 3.35 million Wiis waggled off the shelves, as did 26.45 million games.
The company's stock is currently at a five-year low, with no indications that it won't dip lower and become reacquainted with numbers it hasn't seen since the darker Gamecube era.


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An analyst has again floated the idea that the NFL could come to Apple TV+ as the NFL looks to renew “most if not all” of its media contracts.
From The Athletic:
The NFL is on the verge of renewing most if not all of its media contracts, a series of blockbuster deals that are set to send a new surge of revenue through the already flush league. One report last week pegged the NFL as roughly agreeing to the parameter of a deal to renew “Monday Night Football” with ESPN/ABC, though the NFL denied it… We asked four media experts for their predictions on what happens with the NFL packages, from Sunday Ticket to “Thursday Night Football.”
One key opportunity is NFL Sunday Ticket, the slate of out-of-market games shown each week. Currently, this is held by DirecTV through the 2022 season. Analyst Neal Pilson notes that whilst this is expected to go Digital, companies like Amazon and Apple are probably not in the running. However, it’s open season on Thursday Night Football. From Daniel Cohen:
“Thursday Night Football” is up for grabs across ESPN+, Amazon, and possibly Apple (though that’s less likely if they need to produce the games exclusively). A lot depends on whether the NFL decides to continue along the tricast/non-exclusive path. If that is the case, we do not see a material increase (3-10 percent). In the event this package goes exclusive, we project a 25-50 percent increase.
Analyst Lee Berke, however, was much more chipper about Apple’s NFL prospects, including Sunday games stating:
Also, don’t count out Apple TV+ as a Sunday Ticket distributor — they need to grow their subscriber base, they have enormous financial resources, and may be looking to add key sports properties to their mix.
Whilst Apple TV+ has previously been mentioned as a home for both college football and the NFL, Apple’s commitment to live programming and sports has been non-existent with Apple TV+ so far, unless you count Ted Lasso of course.
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Character merchandise posts strong advance sales
Disney already has a new star on its hands with Princess Tiana.
“The Princess and the Frog,” in which she’s featured, doesn’t bow until Dec. 11, but merchandise for the Disney toon is outselling other Disney Princess-branded items by double digits.
More than 45,000 of the character’s dolls have sold in less than a month, with 17,000 sold last week alone. Sales of bedding for the pic are triple that of other Disney Princess sets at some retailers and at the Disney Store, Princess Tiana dresses are selling better than other characters.
That’s good news for the Mouse House, as “Frog” introduces a brand-new princess — something the company hasn’t done since “Mulan” in 1998.
Tiana is the focal point of Disney’s campaign for the pic, and is unavoidable on the Mouse’s websites and TV channels. The company has also been introducing her to guests at its theme parks with the character performing three times a day in the riverboat musical “Tiana’s Showboat Jubilee” at Disney World in Orlando, Fla., and Disneyland in Anaheim, Calif. There’s also character meet-and-greets in the parks.
Princess merchandise has been a major moneymaker for Disney, earning more than $4 billion for the company each year. With Tiana as Disney’s first African-American princess, the numbers could grow even more as the character attracts a new fanbase to the line.
Disney has been rolling out “Frog”-themed merchandise for weeks, which include toys, apparel, home decor, food, cosmetics, collectibles, stationery, cookbooks and wedding dresses.
“It is typical with any major Disney film to see movie-inspired product available as early as six weeks prior to the film’s release,” says Mary Beech, VP of franchise development and marketing for Disney Consumer Products. “However, the historic nature of the release of ‘The Princess and the Frog’ has generated tremendous consumer excitement well in advance of the film and sales thus far have been very strong, something that is remarkable for characters with which fans are not yet completely familiar.”


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Written by Craig D. Robins, Esq.
There may be a seasonal phenomenon of increased bankruptcy filings influenced by a rise in income-tax refunds
It appears that many consumers rely heavily on using their tax refunds to catch up with overdue credit card bills and other financial responsibilities. But the tax refund season only stretches from March through June.
So there isa likely relationship with curing credit card defaults in the spring when consumers receive their tax refunds.
Several large banks who are facing difficulty in collecting overdue credit card accounts recently blamed the wane of tax refunds for their difficulties, but also pointed to the increase of unemployment. Consequently, there should be a rise in consumer bankruptcy filings in the summer and fall by consumers who need to eliminate their credit card debts.
Consumers should be aware that in the state of New York, they can protect and exempt up to $2,500 per person of liquid assets in a bankruptcy proceeding. This includes entitlement to tax refunds, money in the bank and cash in the pocket. A husband and wife can thus protect a total of $5,000 of liquid assets in a bankruptcy case.
Thus, for those consumers who have not yet received their tax refunds, they should think twice about using a tax refund to catch up with credit card debt if bankruptcy is a distinct possibility.


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At an event held in Manhattan on Wednesday, Yahoo announced its own mobile messaging app - dubbed 'Livetext' - to enable users to send across a combination of text and live video to one another via their smartphones.
The Yahoo Livetext app will go live in the US on Friday, July 31. It...read more
Yahoo has said in a recent official statement that it is testing Google-powered search results. The statement by Yahoo comes in confirmation of a recent disclosure - by Aaron Wall of SEO Book - that Yahoo is apparently using Google's results this week.
Yahoo has, until recently, has...read more
Yahoo is planning to shut a few of its services including Yahoo Maps and Yahoo Pipes as the service faces intense competition from Google Inc.'s Maps service.
In a blog post, Amotz Maimon, Yahoo's chief architect said that maps. yahoo. com will shut down by the end of this month.
In an announcement made via a Thursday-released blog post, Yahoo has said that it plans to shutter down its Yahoo Maps service. The decision to shut down its maps site is part of Yahoo's spring cleanup of products.
Disclosing that Yahoo will shut down maps.yahoo.com at the end of June,...read more
In an announcement made on Thursday, Microsoft and Yahoo revealed that they have renewed their partnership in search. The renewed search deal announced by Microsoft and yahoo marks a revision of the companies’ original search agreement signed in 2009.
The renewal of search deal by...read more
In an effort to increase privacy of its users, Yahoo is planning to come up with an ‘end to end encryption’ for its email service. The American multinational Internet Corporation said that the beta version of the encryption software will be rolled out very soon for the developers.
Yahoo has released developer tools to give a push to mobile content delivery and advertising on the mobile segment. The usage on handheld devices has increased in the past few quarters and with faster data speeds, many people are using their smartphones and tablets to access internet. The growth...read more
In a move which marks the culmination of the long-standing alliance between search engine biggie Google and Mozilla's independent Firefox browser, Mozilla has recently announced the roll out of Firefox 34, with Yahoo as its default search engine.
The newly rolled out Firefox 34 is the...read more
Mozilla and Yahoo have signed a five-year partnership, under which Yahoo will be the default search engine for Mozilla's Firefox browser in the US.
The announcement of Mozilla-Yahoo partnership implies that the default engine for Firefox in the US is being switched from Google to Yahoo....read more
Yahoo has announced that it is acquiring video ad tech company BrightRoll for $640 million in cash. The acquisition is likely to happen in the first quarter of 2015 and BrightRoll would retain its 400 employees.
Yahoo CEO Marissa Mayer said BrightRoll is a terrific, strategic and...read more
It is expected that Marissa Mayer will announce a new plan for Yahoo this week. The Wall Street Journal reported that Yahoo will outline some cost-cutting efforts and will provide details about how it is going to evaluate possible acquisition.
It was found that Yahoo is planning to...read more
Marissa Mayer completed the second year as Yahoo's chief executive in July and an investment made by Yahoo in Alibaba, the Chinese e-commerce company, reaped handsome profits for the company. Alibaba has gone public now and it had earlier overshadowed Yahoo's core business, including its...read more
The overall ‘asthma epidemic’ among children has...Read More
People in huge numbers gathered in the Mount Lofty...Read More
As New Year is approaching, people have already...Read More
Alzheimer’s disease, the commonest cause of...Read More
Cases of opioid abuse have been increasing and...Read More
In an announcement made on December 22, cable giant...Read More


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Here’s the latest chapter in the Yahoo saga: now the company wants to sell its stakes in Alibaba and Yahoo Japan, and pay a big dividend to investors with the proceeds.
It is leaning away from selling the entire company, Bloomberg reports. Although that could still happen, especialy after a sale of the Asian assets.
On its last earnings call, Yahoo said the value of its 35% stake in Yahoo Japan was $6.4 billion, and the value of its Alibaba stake was about $10 billion.
Alibaba’s Jack Ma has also repeatedly said he wants to buy the whole thing if Yahoo will sell.
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Video advertising news, trends, and resources. Learn about the newest video ad formats, video advertising networks and video ad platforms, contextual video advertising, in-stream video advertising, video banner ads, and more…
In our pick of the best branded Vines of the week, Sony confirms the price of the much-awaited a7S camera, The Home Depot takes us through a Rube Goldberg style journey from seed to plant, American Apparel shows us behind the scenes in L.A., and Hewlett Packard takes a trip to the beach.
Sports content creators face different challenges and opportunities than creators in any other category on YouTube, and other digital platforms. These unique, sports-specific issues include: working with content with a short shelf life, and keeping an audience through an off-season. Learn how TSN is keeping its Canadian viewers engaged.
Late last year, YouTube changed their algorithm to thwart companies that send traffic to YouTube videos for a fee. So, how are video seeding companies affected by YouTube’s clampdown? And why is it a plus for advertisers?
YouTube has released their Ads Leaderboard for April 2014, and for the first time we are seeing branded ads, made in collaboration with YouTube creators, receive a significant number of views. Has the penny finally dropped in relation to what actually works for a YouTube audience?
Video is an integral part of almost every publishers’ digital content strategy. Or it should be. Much of the conversation for publishers about video advertising centers on content: where to get it, how to optimize it and how to get their audience users to view it. Often missing from the conversation is the other side of the video ad equation: monetization.
Nike, Google, Adidas, Evian, FIFA and Cornetto all made the list of brands whose video ads were the most shared across Twitter, Facebook, and the blogosphere in April 2014. But it’s an ad that acknowledges the hard work and sacrifice that mothers make that hits the top spot for last month.
Advertisers who use celebrities to drive shares of their videos are wasting their marketing budgets, according to a new report published today by Unruly. The report found very few viewers cited the famous faces on display on this years Super Bowl ads as a key reason why they would share those ads with their social networks.
What have been the stand-out branded Vines of the past 7 days? Our pick of the best include a fantastic optical illusion from Oreo, a simple but brilliant gardening tip from Lowes, encouragement to grow and then use your own herbs from The Home Depot, and a May the 4th message from Star Wars itself.
What is it like to be a reporter in the middle of the 9-day digital extravaganza that is the 2014 Digital NewFronts? We talk to Michelle Castillo, Digital Media Reporter for Adweek, just as the nine-day-long series of events was entering its second week, and asked her for a firsthand report from the trenches.
Today, brands have access to more YouTube data than they can shake a stick at. The video ad campaign is the new focus group, and it may be time to change the way ads are created and distributed so that viewers actually engage more.


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We've had a positive bacteria result in a reservoir in Richmond and are chlorinating as a precaution.
Read full details
Read the latest news and public notices.
Register now to help re-home useful second hand goods on 2 December.
Have your say about a new policy for Tasman's ageing population.


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10 reasons why CloudCoin is better than Bitcoin and will dominate the world of digital currencies
If you are not living under a rock you already know at least one or two things about the newest stars on the internet — Blockchain and Bitcoin (traded as BTC). There are public listed companies nowadays which added Blockchain to their name and became 300% more valuable in the span of just few days. The absolute harsh reality is that 95.89% of Bitcoins are owned by 3.47% of the wallets (September 2017 stats) this meaning at the end of the day that the owners of the wallets can manipulate the price of Bitcoins.
Also, for a transaction of $5 in Bitcoin equivalent the fees are $20 in average which makes a daunting task for BTC to be mass adopted in retail. If you also add the fact that it takes hours to even days to have a transaction confirmed then you simply understand that Bitcoin failed big time in becoming a mass adopted currency. The major payment platform Stripe announced recently that will stop processing Bitcoin transactions on April 23, 2018. Stripe staff anounced this on the blog: “Over the past year or two, as block size limits have been reached, Bitcoin has evolved to become better-suited to being an asset than being a means of exchange. Given the overall success that the Bitcoin community has achieved, it’s hard to quibble with the decisions that have been made along the way. (And we’re certainly happy to see any novel, ambitious project do so well.)
This has led to Bitcoin becoming less useful for payments, however. Transaction confirmation times have risen substantially; this, in turn, has led to an increase in the failure rate of transactions denominated in fiat currencies. (By the time the transaction is confirmed, fluctuations in Bitcoin price mean that it’s for the “wrong” amount.) Furthermore, fees have risen a great deal. For a regular Bitcoin transaction, a fee of tens of U.S. dollars is common, making Bitcoin transactions about as expensive as bank wires.
Because of this, we’ve seen the desire from our customers to accept Bitcoin decrease. And of the businesses that are accepting Bitcoin on Stripe, we’ve seen their revenues from Bitcoin decline substantially. Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense.” Read here the entire article on Stripe’s blog!
There is space for BTC to become an investment vehicle and the actual Satoshis to be traded. This infographic was created in the middle of 2017 showing nice returns from Bitcoin and other digital currencies but not saying anything about the risks involved. And the biggest risk is not that you can buy high and sell low but to lose the digital coins due to a security breach or hacking. If you think MySpace few years ago, nobody believed back then that Facebook could take over the world and it happened. The biggest danger for Bitcoin is that both the miners and the users to move their interests towards something else.
The technology behind Bitcoin, Blockchain is valuable and it changes the world industry by industry but its main problem is that it has huge scalability problems.
At the beginning of 2017 a new technology called RAIDA became available and CloudCoin was born having the potential to become a global, widely adopted currency. Thousands of people from all around the world became early adopters and actually bought CloudCoins and remained fans of the RAIDA technology so the price grew from $0.01 in March 2017 towards $0.1 in January 2018. Many of the users strongly believe that CloudCoin has the potential to replace Bitcoin and even more, to become much better as a global currency so that’s why I wanted to highlight 10 reasons why CloudCoin (CLOUD) is better than Bitcoin (BTC).
- Spending Speed: with BTC the transactions take 40 minutes to hours and even days to be confirmed while CloudCoin (CLOUD) transactions take milliseconds;
- BTC can be stolen while with CloudCoin (CLOUD) everything is 100% safe if encrypted. Theft is eliminated if owner updates RAIDA before a theft can occur (Unique to CloudCoin);
- Privacy: BTC is Pseudonymous / Pseudo-Anonymous while CloudCoin (CLOUD) is 100% Anonymous (Unique to CloudCoin);
- Software requirement: BTC Requires “Wallet” while CloudCoin (CLOUD) requres No special software needed (Unique to CloudCoin);
- Public Ledger of all transactions: BTC uses Public Ledger which is available to the entire world while with CloudCoin (CLOUD) there is no public ledger or centralized database. Check “What is Raida?” (Unique to CloudCoin);
- Hackable: BTC can have serious security problems. Hundreds of millions were already lost. With CloudCoin (CLOUD) RAIDA servers can be fixed by CloudCoin owners (Unique to CloudCoin);
- Storage: with BTC special software is required while with CloudCoin (CLOUD) it can be printed on paper, memorized as pass-phrases, on cell phones or computers, as text files or jpeg images, offline on any storage device. Encryption is optional. (Unique to CloudCoin);
- Infrastructure Funding: BTC is funded primarily by Bitcoin miners who allow their servers to be used publicly. Anyone can be a Bitcoin Miner. CloudCoin authentication by RAIDA Administrators is funded with CloudCoins that have been completely lost or abandoned and recovered by the CloudCoin Consortium. RAIDA Administrators must be Certified by the CloudCoin Consortium (Unique to CloudCoin);
- Fractions: Bitcoin uses insane fractions like .000002 while CloudCoin (CLOUD) uses only integer denominations (whole numbers like fiat money) and doubles if too valuable, to scale to user’s needs. Comes in denominations of 1, 5, 25, 100 and 250 CloudCoin units called Notes;
- Usage as a currency: like the stone money of the Island of Yap, BTC uses a public accounting system that all can see. This system is not private and open to attack.
CloudCoin (CLOUD) is more like typical money in that it forms a distributed accounting system where each person is in charge of their piece of the system’s data.
As a conclusion, BTC is the first decentralized eCurrency which moves towards being more like an investment asset and CloudCoin is the next generation decentralized eCurrency. For more information about RAIDA and CloudCoin please check CloudCoinConsortium.com. CloudCoins can be traded on CloudCoin.exchange. For early adoption from trusted sellers please check CloudCoinExchange.ch and LocalCloudCoins.ch.