HashFlare Offers Cheaper Bitcoin and Scrypt Cloud Mining with 5% Discount

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

Bitcoin Press Release: Hashflare announces new, lower prices for Scrypt contracts including Litecoin with $4.20 per 1 MH/s. On top of the already low prices, HashFlare customers can receive a 5% discount off the price of their first cloud mining contract purchased using discount code HF18WQOD22J5 until March 6th.

February 27th, 2018 Tallin, Estonia – Starting from 13th of February, miners can purchase Scrypt contracts for $4.20 per 1 MH/s on Hashflare, as the latest trends in crypto market allowed them to decrease the price 40%.
HashFlare is also pleased to announce a special offer by giving a 5% discount on SHA-256, SCRYPT, ETH and EQUIHASH contracts. Discounts can be activated simply by using promo code HF18WQOD22J5 until March 6th. The special code can only be used once per account, and there are only 900 uses available total.

HashFlare has been operating for over three years, offering SHA 256, Ethereum, Scrypt, and ZCASH cloud mining contracts. Some of the additional features provided by the platform include proof of hash rate, mining pool selection, and instant payouts. These features allow customers to not only monitor the subscribed hash rate live, but also choose the most profitable mining pool to put their hashing power to work.

More information about the company is available in a HashFlare review on a popular cloud mining review site.

The cloud mining contracts on the platform are available to everyone across the world, offering an opportunity for customers to be part of one of the vital operations in the network.

To sign up for a free account, get a discount and learn more about one-year SHA-256 and Scrypt contracts, as well as Zcash, and Ethereum cloud mining contracts with NO maintenance fees, which represents the best value on the market, please go to: https://hashflare.io

HashFlare is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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source https://cryptocurrencyonline.co/hashflare-offers-cheaper-bitcoin-and-scrypt-cloud-mining-with-5-discount/

Crypto Update: Market Recovers from Overnight Dip as Price Action Remains Bullish

Wednesday Market Recap

Asset	Current Value	Daily Change
S&P 500	2719	-1.18%
DAX	12,435	-0.44%
WTI Crude Oil	61.59	-2.01%
GOLD	1317.00	-0.09%
Bitcoin	10,410	-2.63%
EUR/USD	1.2184	-0.42%

The divergences that we have been pointing out throughout the rebound in US stocks finally translated into broad weakness on Wall Street, with major indices trending lower all day and finishing the session with an ugly sell-off and a spike in volatility.

While the dip pushed back the Dow and the S&P 500 below the key levels that we have been monitoring for the last two weeks, the Nasdaq remains relatively strong, not far off the all-time highs set in January.

S&P 500 Futures, 4-Hour Chart Analysis

That said, given the weakness in the broader indices, and especially small caps and non-US stocks, we remain defensive towards equities, and we expect volatility to stay elevated with a likely test of the correction lows in the coming weeks.

Russell 2000 (Small Cap Index), 4-Hour Chart Analysis

Economic numbers were mostly negative today, but the most-awaited prelim US GDP print was perfectly in line with expectations, coming in at an annualized rate of 2.5%. Pending home sales missed the consensus estimate by a mile, adding to the realistic fears regarding the housing market that is showing signs of stress, as rates continue to rise across the curve.

While the trend in Treasury yields is clearly up, long-dated bonds showed intraday strength today, even as the short end of the curve remained under pressure. That perfectly fits Jerome Powell’s views that he expressed yesterday, as he confirmed that the Fed will stick with rising rates, despite the rise in market volatility.

2-Year Treasury Yield, 4-Hour Chart Analysis

While the market seems to believe what Powell said, the retreat in long-term yields together with stocks means that on the long run investors think that the central bank will be forced to ease once again, as the “everything bubble” deflates.

Forex Markets in Full Risk-Off Mode

USD/JPY, 4-Hour Chart Analysis

The trends that were clearly bearish in the realm of fiat currencies continued in earnest, today, with risk-on currencies getting another beating, and the Japanese Yen returning to its safe-haven throne, gaining ground against all of the majors.

USD/CAD, 4-Hour Chart Analysis

The US Dollar was the second best performing top currency, as it hit the highest level against the Euro since mid-January, while scoring 10-week highs compared to the Australian Dollar and the Canadian Dollar.

The Aussie and the Loonie were under pressure not just because of the late-day stock rout but also thanks to the huge drop in crude oil, and the relative weakness of gold which underperformed the Yen despite the risk-off shift.

Cryptocurrencies

The major coins had a dominantly bearish session, and the after-hours session saw another wave of selling in the segment following reports regarding the SEC’s probe into ICO’s. So far the losses remain limited, and volatility is still consistent with a bullish trend as well, and until major support levels don’t start crumbling, we remain positive on the outlook for BTC and most of the altcoins.

BTC/USD, 4-Hour Chart Analysis

Bitcoin dipped below $10,500 again following the US close, and it will be interesting to see if the news inflicted sell-off will keep the most valuable coin below the key short-term level. For now, the currency remains bullish both long- and short-term after last week’s correction with all eyes on the $11,300 resistance and the $10,000 support.

Featured image from Shutterstock

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source https://cryptocurrencyonline.co/crypto-update-market-recovers-from-overnight-dip-as-price-action-remains-bullish/

How to Protect Yourself Against Cryptocurrency, ICO Fraud

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A booming topic such as cryptocurrencies and ICOs draws not only many newbies but also plenty of scam artists who want to cheat participants. We sadly witnessed this during our ICO, so we decided to show where the main traps are hiding – and how you can protect yourself.

1. Telegram / Email

Almost all companies that do an ICO have established Telegram groups, which are an important information medium for a token sale. There you can communicate with employees of the company (they are the admins of the Telegram group, and it is clearly indicated next to their name with the label “admin”) or chat with other token buyers. Access to these groups is not filtered. Scammers masquerade as admins and contact you via personal message (PM) to send you their own wallet address with a request to send the money or coins for the token there. For example, they claim that the official wallet is down or that there is a special bonus if you use this wallet. They also ask you for your email address to send you fake emails later on, with the same type of requests/fake opportunities.

What you should do: Use only the official wallet of the company to pay. These can always be found on the website of the company. There are usually no other wallets and there is also no bonus for using special wallets.

Be careful with email requests, even if they seem to come from a company’s email address. The sender address of an email can easily be faked (it’s called “email spoofing”). Never send your email address on Telegram in a PM, unless you are sure that you are using an official admin contact. You can recognize real administrators by the addition “admin” next to the name. This addition is only visible in the group, but not in a private chat. You can only be sure that you’re writing with a real admin when YOU contacted him (by clicking on their name in the group chat itself directly). Scammers use the profile photo of admins, the same display name and a similar username (for example, by using a capital “I” instead of a small “L”).

Sometimes, entire channels or groups on Telegram are faked. Do not fall for these fake channels! There is only one official Telegram group for every ICO. These real addresses can be found on the website of the ICO. All the others are fakes – stay away!

2. Google / Facebook / Website

Scammers spare no effort: Some place paid ads on Google and Facebook, where they announce a real, ongoing ICO. However, these ads link to fake websites, most of which you can see in the endings of the links (.in, .pw, .id, etc.). If you buy something, your money is most likely lost, and if you even just log in, your password will be used to log in to the real ICO website and change the wallet address you want to have your tokens minted to.

What you can do: Pay close attention to what the real website of the ICO you want to participate in is. Most of the time, it is a website with a .com ending – also check for the https – that is the sign for a secure connection.

There are still some other scams. If you are not sure, ask an admin of the company in the Telegram group. Be careful when identifying the company’s real contacts, real channels and real websites. That is the basis to participate safely in an ICO.

The author of the article is Tobias Zander, founder and CTO of Savedroid.

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source https://cryptocurrencyonline.co/how-to-protect-yourself-against-cryptocurrency-ico-fraud/

Court Strikes Down Ban on 40 Bitcoin Sites in Russia

Regulation

Saint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying and selling cryptos.

Also read: Russian Authorities Criticized over Proposed Crypto Regulation

Site Owners Win Important Battle

In what seems to be a small, but important victory for the Russian crypto community, the City Court of Saint Petersburg has struck down a ban that affected more than 40 websites related to bitcoin. It was imposed by a district court in May 2017, after a request from the Prosecutor’s Office in the Northern Capital of Russia. The measure effectively restricted access to the internet platforms and prevented the exchange services offered by some of them.

Following last year’s ban, the owners of the websites appealed the local judicial authorities’ decision in the second-largest Russian city. The Oktyabrsky District Court had stated that the spreading of information about bitcoin and the use of cryptocurrencies was illegal in the Russian Federation. Its decision was forwarded to the Russian telecommunications supervisory agency Roscomnadzor, which was supposed to blacklist the sites.

The Case to Be Reviewed by Other Judges

“The actual existence of a cryptocurrency outside the legal frame does not provide for the implementation of legal mechanisms to ensure that the parties fulfil their obligations”, decreed the first instance ruling. The regional court also noted that bitcoin was “not backed by real value” and its use was anonymous. It stated that the Russian ruble was the only official currency in the country, pointing out that emitting other currencies and money surrogates was prohibited.

According to the judges, the cryptocurrency “does not have a subject which guarantees its conditional purchasing power”. They were worried that “the emission and the circulation of bitcoins is completely decentralized” and there was no state regulation. The court warned that cryptocurrencies, like bitcoin, contributed to the growth of the shadow economy and could not be used by citizens and legal entities in the Russian Federation.

Now, the case will be returned to the Oktyabrsky District Court. According to Russian law, it should be reviewed again by a new judicial panel.

Moscow Still Working on Crypto Legislation

Authorities in the Russian capital are still preparing new legislation to regulate the cryptocurrency sector. A law on “digital financial assets” and crowdfunding has been proposed by the Ministry of Finance, despite disagreements with the Central Bank of Russia over the circulation and trading of cryptocurrencies. Many other drafts touching different aspects of the digital economy are also pending in the State Duma. There have been multiple calls to regulate cryptocurrencies in the Russian Federation. Recently, the head of the parliamentary Committee for Economic Policy Sergey Zhigarev proposed legalizing cryptocurrencies in order to attract foreign investments, as news.Bitcoin.com reported.

Federal institutions have been criticized over their slow progress. Interested parties and regional officials have called on the Russian government to catch up with other countries. The chairman of the Financial Market Committee in the Duma Anatoliy Aksakov said its members were trying to speed up the legal process and were ready to introduce the drafted legislation in the lower house of Russia’s parliament. Experts from the crypto sector have said that proposed regulations leave many issues unresolved and need revision before their final adoption.

Do you think that the decision to lift the ban on bitcoin-related websites represents an important change in the attitude of Russian authorities toward cryptocurrencies? Share your thoughts in the comments section below.

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PR: ValueCash Launches ICO That Allows Users to Earn as They Spend While Using Crypto to Pay for Goods & Services

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Many credit card companies offer the moon to consumers such as free gifts or reward spending programs, but those perks seemed to be missing in the world of Cryptocurrency, that is, until now. ValueCash is the first Cryptocurrency exchange ecosystem that rewards its users’ earnings and spending.

Los Angeles, ValueCash announced this week that they will be launching an Initial Coin Offering that is sure to stir up the competition in the world of cryptocurrency trading. ValueCash is a decentralized cryptocurrency and exchange where its token holders can make payments for goods and services while simultaneously earning new ValueCash through their purchase and acceptance. ValueCash is doing something never done before by offering rewards based on spending and other ICO’s are taking notice.

The ValueCash team has over 15 years of experience and is comprised of Developers, IT Consultants, Entreprenuers and Cryptocurrency Enthusiasts. The ValueCash Ecosystem is designed to contribute its Distinct Protocol as a key component of the growing Crypto-Economy and a market driving catalyst to reform the existing status quo of the Commerce, Exchange, Escrow Sector and Blockchain Technology as a whole. ValueCash is limited; Decentralized, and Community Driven Cryptocurrency that allows anyone to earn substantial rewards on a successful transaction. ValueCash can be obtained through The PoT Protocol “Proof of Trade”, The POS “Proof of Stake”, and Buying. The PoT protocol is configured to put power into the hands of the Crypto-Community by becoming Validators of their transactions, while also creating 10% new ValueCash coin as a reward.

During a recent press conference, the company spokesperson for ValueCash was quoted as saying, “Cryptocurrency investors and users are going to love this ICO! Unlike other cryptocurrencies, we offer rewards to our users which will have consumers flocking to our exchange. The more users we have, the higher our token price goes, the happier our investors are! It’s an exciting time to be a part of ValueCash.” He went on to say, “We also kept our end users in mind and have been able to develop a blockchain with unmatched speed, security and of course NO transaction fees.”

The ValueCash ICO will open for public sales on March 5th 2018. At that time 2 Million tokens will become available at a cost of $1.00 USD per token. Bonuses will also be given out depending on the stage token purchases are made. Once all tokens have been sold the ICO will close.

To learn more about the ValueCash ICO visit their official website at www.valuecash.com. You can also speak directly with the Team by clicking here.

Contact Email Address
info@valuecash.com
Supporting Link
https://www.valuecash.com/

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

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source https://cryptocurrencyonline.co/pr-valuecash-launches-ico-that-allows-users-to-earn-as-they-spend-while-using-crypto-to-pay-for-goods-services/

Japanese Banking Group SBI Postpones Cryptocurrency Exchange Launch

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Japanese financial services giant SBI Group has delayed the launch of its cryptocurrency exchange after determining it had to further strengthen security measures.

In an announcement this week, the SBI group confirmed the postponement of the launch of its cryptocurrency exchange, SBI Virtual Currencies, Japan’s first bank-owned cryptocurrency exchange. As reported by CCN in October 2016, SBI became the first banking group to announce the launch of a cryptocurrency trading platform. SBI Virtual Currencies was established as a new offshoot in November 2016, but the launch of exchange operations continues to see delays. The delays come despite completing its registration as a virtual currency exchange operator with the Financial Services Agency, Japan’s financial regulator, in late September 2017.

The group revealed that a select group of priority customers had already completed formalities to open an account at the platform but they, along with regular customers, will have to wait for an undetermined period of time for the launch of the trading platform.

Pointedly, SBI underlined the need for strengthening security measures as the reason for the delay.

In loosely translated statements, SBI said:

“We decided that it will take a certain amount of time to further strengthen security measures, how to manage [customer] assets under custody, and customer management system.’

The self-enforced delay notably comes on the heels of increased scrutiny by the FSA into cryptocurrency exchanges extending to on-site inspections by the regulator following the recent $530 theft from Tokyo-based cryptocurrency exchange Coincheck. Japan’s biggest cryptocurrency exchanges are also banding together to establish a self-regulatory body to comply with better security measures to safeguard investors against thefts.

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SEC Targets ICOs in Broad Cryptocurrency Markets Investigation

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While all may seem quiet on the regulatory front, it could just be the calm before the storm. The US Securities and Exchange Commission is pursuing a broad investigation into ICOs, one in which numerous subpoenas and requests for information have been issued to a number of blockchain startups, according to The Wall Street Journal. The SEC apparently wants insight into the moving parts that comprise both the ICO and the pre-sale leading up to the public crowdsale.

The securities regulator has been ratcheting up its talk on ICOs that it says may be in violation of securities laws, and now they are taking action. The BTC price was off about 3% soon in the moments after the WSJ report came out.

ICOs are a multi-billion dollar market, with tallies for last year ranging from $5.6 billion to as high as $6.5 billion. 2018 has been off to a bang as well, with deals such as Telegram targeting billions of dollars. SEC Chairman Jay Clayton said earlier this month: “I believe every token I’ve seen is a security,” which should have sent chills up the spine of the founders of blockchain startups that chose to label their tokens a utility and not a security.

A utility token should have a specific application tied to the ecosystem for that token sale. For example, a gaming project whose tokens can be used to purchase virtual goods. But few “utility” tokens are actually limited to the applications they were meant for. When investors begin to speculate on the value of the token itself, that’s where the gray area surfaces, which worries regulators.

Deal Structure

In the subpoenas, the SEC is reportedly requesting information from issuers such as the “structure” of both token sales and ICO pre-sales, according to the Journal. While both ICOs and initial public offerings (IPOs) are fundraising methods, the former is much more loosely regulated. ICO issuers disclose a white paper, comprised of details for how that project sees the world, and having to register with regulators would slow down the fundraising process.

Meanwhile, cybersecurity consultant John Reed Stark, a former SEC official, presciently told Bloomberg earlier this month that in addition to the ICO issuing companies, attorneys advising those startups that are found to be in violation of securities laws were similarly at risk of being part of a regulatory “sweep,” one that he predicted would focus on the “low hanging fruit” to start.

Regulators previously “recommended enforcement actions against those that conduct initial coin offerings in violation of the federal securities laws,” according to the SEC. The SEC last year made it the job of a new crypto-focused task force to examine new digital tokens that come to market, and they’ve stopped or spooked more than a handful of them so far that they’ve made public.

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