Google Play has banned applications for mining cryptocurrency on devices

Google Play has updated the policy Center for developers, adding new categories of prohibited content. Now the store is no longer possible to host the application for the mining of cryptocurrencies on the devices. In this application, «regulating mining in remotely», is allowed.

Under the new rules, it is prohibited now include apps like MinerGate, Crypto Miner, NeoNeonMiner and the like. In April Google also forbidden to post the extension for mining of cryptocurrencies in the Chrome Web Store.

Recall that last month owned by the Apple App store banned apps which mine cryptocurrency directly on the device. While cloud mining is allowed – as in Google Play.

Also we will add that earlier this year, Facebook and Instagram, Google and Twitter have imposed a ban on the advertising of crypto-currencies and ICO. In addition, popular in cryptosuite the social journalism site Medium introduced new requirements to cryptocurrency projects. To promote cryptocurrency and ICO in your service also banned mail marketing service Mailchimp.

Facebook later eased the ban and allowed to publish an ad of cryptocurrencies and related content, as if the advertiser had the procedure prior approval. Advertising binary options and the ICO remains under the ban.

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Huawei launches platform «blockchain as a service»

Chinese telecommunications giant Huawei has announced that it is preparing to launch a platform like “blockchain as a service” based solutions Hyperledger Fabric 1.0. On the new platform companies and developers will be able to create smart contracts, and then quickly and inexpensively deploy them in the Cloud Huawei for use in the data tracking of the supply chain in licenzirovanie securities and public services, ID verification and financial audit.

Recall that in January an open platform type, BaaS launched the Internet giant Baidu, which owns the largest search engine in China. The service received the name Baidu Trust. And last month, a whitepaper on the launch of the new platform “blockchain as a service” published by the Chinese giant e-Commerce JD.com.

Huawei is part of the consortium Hyperledger in 2016, and in March of this year as a result of their joint project appeared service Caliper, which you can use to verify the performance of large blockchains.

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The Monero client will support the functions of multipurpose

Developers anonymous cryptocurrency Monero announced that in the next update of the client network will be implemented with the full support of multipoles.

When will the new release is still unknown. Thus in the message Monero it is noted that multisig wallets and transactions being sent through them will look the same as other addresses and transactions in the network.

The Bitcoin network, address common wallets start with a “1” and multisig-wallets – C “3”. In the case of Monero this distinction will not. Experts believe that the cryptocurrency focused on privacy and anonymity, this is an important step. Moreover, the introduction of technology support multipolicy can facilitate exchanges and other service integration Monero in the future. It is also assumed that this innovation will be appreciated by the representatives of the darknet.

We will remind that on 22 November, the price of Monero after two months of decline, has made a breakthrough and for the first time exceeded $155. However, this was only the beginning: 6 December, the bitcoin has crossed $300, and on December 17 at $350. At the time of writing XMR was trading at $355,60 per unit and occupied 10-e a place in the Coinmarketcap list.

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Metropolitan Bank suspended the holding of cryptocurrencies international transfers

American Metropolitan Bank Holding whose services are actively used by cryptocurrency companies and investment funds, cease all international Bank transfers related to cryptocurrency.

According to one of the Bank’s clients, the reason for this step is that Metropolitan could not verify compliance with international wire transfers for cryptocurrency accounts. The solution is assumed to be a response to a case of international fraud involving one of the Bank’s customers.

Among the clients included Metropolitan cryptocurrency wallet Coinbase, which uses the Bank for transfers, deposits and support bitcoin debit card Shift.

Metropolitan has not provided information whether restored service. It is also unclear what will happen to the money that have existing overseas customers. Probably they will be frozen indefinitely.

After the IPO in November last year, the Metropolitan grew rapidly, which was associated, including, with a friendly stance toward the cryptocurrency market. Some have even called Metropolitan “bitcoin Bank”.

We will remind that earlier the South Korean authorities banned the use of cryptocurrency traders anonymous virtual accounts and conducted their inspections in the largest banks of the country.

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DigRate: project Dimensions Network has a weak potential for development

Rating Agency assessment of digital assets DigRate conducted an analysis of the ICO project Network Dimensions. The experts came to the conclusion that he has a weak development potential and high risk speculative investment.

Team Dimensions Network intends to build a centralized multi-currency trading platform and to introduce it in the blockchain (at least the appearance of appropriate technology).

The developers there are two main problems in trade cryptocurrency, they plan to decide: the inability to trade derivatives on an alternative cryptocurrency and technical inaccessibility of the most popular exchanges in the period of high price volatility.

The project team argues that the blockchain will remove these issues, but not engaged in the development of its blockchain, and plans to use third-party development, which are likely to be involved in other decentralized exchanges.

One of the advantages is that the developers are very serious about the study of the competitive environment. The analysis considers not only the current but also in development projects. However, experts DigRate note that the project will be difficult to win the competition, and the probability of the high demand for the services of the Network Dimensions is questionable.

In addition, today there are available technologies for the implementation of the blockchain on the basis of a centralised exchange, which significantly changes the timing of execution of the second part of the project.

Team Dimensions Networks presented the demo version of exchange available for testing on the project site. However, it shows a very limited set of functions. In DigRate believe that the presented version of the exchange may not be accepted for the prototype. Code of the smart contract for the sale of tokens, Protocol, and smart contract platform do not exist.

While Dimensions Network introduced a well-developed strategy and financial plan.

The team plans to produce 240 million tokens STC and provided a number of measures to stabilize the exchange rate of the token and protect it from depreciation.

Unlike most token of token-ICO Dimensions Networks will not be local currency platform. The model is based on the fact that the platform will evolve and token holders – recipients of the bonuses would be beneficial to store them. As a reward token STC holders will receive 15% of all trading commissions generated by the platform.

Information about the legal structure of the company and the experience of participants, Dimensions Networks are not fully disclosed. To attract well-known blockchain experts in the Advisory Board the project failed.

Finally, despite the presence of the marketing plan and activity on social networks, obsuzhdaemost and the popularity of the project are at a very low level.

With all the results of the evaluation can be found here.

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The Swiss «daughter» of Gazprombank will start the service for the management of the crypto assets

The Swiss subsidiary of Gazprombank together with Avaloq and Metaco will start the service for the management of the cryptocurrency assets.

The new project will provide a solution for asset management clients, including cryptocurrency. For this startup Metaco will provide its own management tool called Silo.

As stated in the press release, the solution will enable Bank customers to make transactions with cryptocurrencies without the need of wallet and private keys. Also for your convenience, the service will display all the assets of the customers of both traditional and cryptocurrency.

The Swiss subsidiary of Gazprombank will offer the cryptocurrency the service in mid-2019.

Recall that the Gazprombank plans to start operations with cryptocurrency through the Swiss «daughter» became known in March.


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80% of the owners of the tokens Huobi voted quarterly «burning» coins

Cryptocurrency exchange Huobi has announced the results of the vote regarding the fate of the redeemed token platform HT. 80% users voted for the «burning» of coins.

Informed every quarter Huobi used 20% of the proceeds for the redemption of HT on the open market with a view to their further distribution to the holders of the tokens. As stated in the blog exchanges, Huobi has decided to revise the business model due to numerous requests from users and provided an opportunity for the owners of HT to decide the fate of the coins.

Three days 5 010 user gave 72 079 205 votes (one vote was equal to one HT). A working model of the distribution of tokens preferred for 19.1% of the voting and 80,99% chose the «burning» of tokens.

Within five days after the end of voting team Huobi promised to publish an updated plan for redemption HT.

We will remind, in October, the company Limited Tether «burned» licenzirovanie 500 million U.S. dollars USDT.


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CEO Abra: SEC will approve the bitcoin ETF in the coming year

Head of payment cryptostroma Abra bill Barged (Bill Barhydt) believes that the Commission on securities and stock exchanges of the USA will approve the launch of a bitcoin ETF during the year. He told about it on air of the program «Squawk Box Europe» CNBC.

«This will happen in the coming year. I would bet on it. This product is too much demand,» – said the expert.

According to Bergida, the SEC rejected it and postponed the last application because the applicants did not meet the «financial archetype» of the regulator is ready to work.

«I think the problem with SEC is that the applicants do not meet the usual Fee. I used to work at Goldman Sachs, but if you look at how I’m dressed now, you never will guess. So I can’t go like this to the SEC and claim that expect to run ETF,» said the head of the Abra.

This year the Commission on securities and stock exchanges of the USA has rejected the re-application for the opening of the bitcoin ETF of the Winklevoss brothers, has postponed the decision on the application VanEck and Solid X and later dismissed from 9 applications at a time.

Supporters of cryptocurrencies are confident that interest from institutional investors is a vital condition for the transformation of this industry in mainstreaming which will trust banks and consumers. However, the huge decline in prices observed in the last year, significantly reduced the optimism about the imminent arrival of institutional capital into the cryptocurrency market.

Despite the market downturn, large financial institutions continue to study the cryptocurrency. So, in July it became known that BlackRock has formed a working group on cryptocurrency and the blockchain.

According to Borgida, SEC approves applications from those applicants who, figuratively speaking, «look and smell» to the controller. In particular, if the application comes from a reputable financial organization, it is likely that it will be approved. And the chances of a positive outcome in this case will be much higher than if the application is filed startup or lesser-known company.

We will remind that the decision on the application VanEck-SolidX, the regulator will adopt on 30 September.

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Came the second series of the web series «the Magic cryptography» from the creators of Litecoin and Monero

At the end of last week came the second series of the web series «the Magic cryptography», created by four like-minded people: the developer of Litecoin Charlie Lee (Charlie Lee), the Creator of Monero Ricardo’s Spanie (Riccardo Spagni), CEO of Pixelmatic Mo Samson (Samson Mow) and bitcoin enthusiast Whale Panda.

Hurry to see if you want to find out first hand why Charlie Lee sold all my litecoin why Proof-of-Work is too wasteful, and all about cryptocotylar and scaling blocks.

 

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Rakuten will launch its cryptocurrency in Russia on the basis of messenger Viber

The parent company of the messenger Viber – Japanese Rakuten Inc. plans to launch its cryptocurrency in Russia. In 2019, Rakuten Coin will appear in the purse Viber and it can be used to make purchases.

According to Viber CEO , His Agawa (Djamel Agaoua), at the moment the specialists of Rakuten Inc. studying of the Russian legislation in the sphere of cryptocurrency. This will depend on the ability to exchange crypto currencies for rubles and withdrawal to Bank account. In addition, for a startup company will need to obtain a license from the Central Bank.

Rakuten plans to launch its own cryptocurrency Coin Rakuten on the existing loyalty program was announced in February of this year.

Rakuten — the world’s fourth largest e-Commerce business, second only to Alibaba, eBay and Amazon. Since 2005, the company began an active expansion outside Japan. In particular, it was acquired by the company in France, Germany, UK and Canada.

In addition Rakuten engaged in venture funding — the company has invested in Pinterest, Ozon.ru, AHA Life and Daily Grommet. In 2014, Japanese e-Commerce giant for $900 million bought messenger Viber.

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