Tag Archives: crypto

Trusted Crypto Tumbler To Protect Your Wealth

Trusted Crypto Tumbler To Protect Your Wealth

crypto tumbler

Back when Bitcoin originally emerged, over 11 years ago at this point,

cryptocurrency transactions were believed to be fully anonymous. This belief stuck around for years to come, but today, we know that, in most cases — this is no longer the truth. Since the invention of blockchain explorers, it became possible to track every Bitcoin transaction, all the way back to the genesis block. This came as a part of blockchain transparency which promises to eliminate corruption, theft, and other such issues. However, there is still a need for a certain level of privacy, as people like to keep their wealth to themselves, and not let everyone know how much money they have, or how much they sent for whatever purpose. This is why many are now using crypto tumblers, or mixers.

What do crypto mixers do?

As the name suggests, crypto mixers/tumblers mix up the coins in order to hide/disguise/make it difficult to discover where the coins came from. Things like the amounts, transactions, and wallet addresses to and from which the coins travel are fully traceable, which is why tumblers exist. In a way, you could say that mixers can add an extra layer of privacy while using Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies. There are many Bitcoin mixers, as well as mixers that focus on these other cryptos, specifically, such as Ethereum mixers. There are also services that offer mixing for multiple coins.

But, they all work in the same way. When you obtain your coins through purchase within exchange (where your identity is known due to current regulations), the exchange knows exactly who you are and how much money you have. The same is true for everyone else who has the authority to request such data from the exchange. If you simply transfer the funds to your private wallet, anyone will be able to track this transaction. They will see where the funds came from, where they went, and what amount made that trip. With your identity known on the exchange, it is easy to conclude that the wallet address belongs to you as well. If you send the money to a mixer first, however, it will still deliver the money to your wallet, but it will change the time of the second part of the transaction, as well as the amount that arrives, and the path from the exchange to the wallet will be interrupted. This brings additional security and privacy, and makes your use of crypto difficult to track.

Keep your identity safe with cryptocurrency tumblers

Using tumblers for cryptocurrencies has a number of benefits. For example, it allows you to stay anonymous. It can also discourage hackers, who would otherwise be attracted by your wallet if they knew that significant amounts are going in and out. It would also allow you to stay private, as people would be able to see that the coins are entering or leaving, but they would not know whose those coins are. As a result, you can spend them without the transactions being traced to your name. Not to mention that you still need protection from the real-world criminals, who might go after you if they discover that you own a wallet filled with coins that have become highly-valued. Shopping with crypto is also becoming more and more popular, with the number of merchants accepting coins growing almost on a daily basis. With additional privacy that comes from the use of Bitcoin tumblers, you can easily purchase anything online without people knowing that it was you.

Bitcoin fungibility

Finally, you can also use crypto tumblers to make your Bitcoin more fungible. The fungibility issue has attracted the attention of many, as people ask the question of whether a certain quantity of BTC can be swapped for another of equal value. Of course, the answer is yes. All Bitcoins come with the same value, regardless of whether the coin you gave is the same that you got back or not. But, due to the protocol that makes each coin have its own unique hash and signature, it is still possible to track a particular coin. That is why using mixers to give away your particular coins and get others that have the same value can help you stay truly anonymous. No one will know who you are, even if they know where your coin came from, which gives you the ability to hide your identity completely.

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Independent ICO Research and Reporting on the Biggest Cryptocurrency Winners From a Top 10 Crypto News Site



Bitplaza Inc Introducing Cryptocurrency to Retail

Bitplaza Inc Introducing Cryptocurrency to Retail


Even though influential companies are not ready to validate cryptocurrencies as a stable form of money,

Bitcoin is becoming a more frequently used currency daily. There is a rising number of companies that accept Bitcoin for the purchase of their products, validating it as a spendable currency around the globe. Bitplaza Inc took the next step into technology and commerce, providing customers with a platform where they can spend Bitcoins for their needs through a mobile device. It opens the opportunity for companies and brands to list their products in exchange for Bitcoin, which will give more credibility to the coin.

What is Bitplaza?

Bitplaza is a shopping app that belongs to a retail company called Bitplaza Inc, located in Pennsylvania. The app is available on both Google Play and the Apple App Store. Bitplaza allows anyone globally to purchase brand new items with Bitcoin. The app has a wide variety of products to buy online, from electronic devices, video games, even groceries. The products that can be purchased from the app range from popular brands such as Sony, Starbucks, Adidas, Apple, and many more. The Bitplaza team is always adding new products to the shopping app, making more items available to be purchased with Bitcoin. The app covers a broad range of products for the different needs of the customer. 

Bitplaza is a company that innovates new technologies to make shopping with cryptocurrency, into something easy. It’s the first mobile application of its kind that allows people around the world to make a purchase online using Bitcoin as the main currency.  In the time that the Bitplaza app has been on the market, it has proved to be a reliable platform for customers that use Bitcoin. It offers secure shipment of products both overseas and in the US. The security of the customers’ information is fundamental when working directly with cryptocurrencies; Bitplaza provides this security during the purchase without compromising the customer’s private data.  

Impact on the Bitcoin Market and Global Retail

The initiative that Bitplaza Inc took by creating an easy app for people to spend Bitcoin has become a boost in the currency market. The reason why Bitcoin is not yet one of the standard currencies in the world is for the lack of support that it has from Central Banks and other entities. In addition to that, most retail companies claim that Bitcoin is still too volatile, and until it shows a stable price, it can’t be used as a payment method or measure for other currencies.

The statement is beginning to change with the appearance of Bitplaza, AT&T, Overstock, Dish Network and other companies adopting the currency as a means of payment. The launch of Bitplaza also marked the next step for the retail business, unifying the prices of products worldwide under the same digital currency, which is something unseen before. It allows the rise of international commerce, highlighting the possibilities of stable interest rates and making it easier to import a product that’s not local.

Advances on Bitcoin for 2020

The strength of Bitcoin grows every year, even though the many business entrepreneurs declare it as a forgettable trend and are a bit skeptical. Others argue the Bitcoin market is one of the three most essential assets as an investment for the future. Companies like Bitplaza and many others show that the cryptocurrencies are the next step on the e-commerce evolution which is not going unnoticed by the central banks, investors, and traders.

The year 2020 may be the one that will determine the future for Bitcoin and other cryptocurrencies. Different events such as the Halving on May 2020 will have an impact on the Bitcoin market, increasing the value. On the other hand, various companies are investing in creating more opportunities for Bitcoin to grow. The use of Bitcoin for shopping purposes is becoming more frequent each time around, and it can’t be ignored much longer.

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Independent ICO Research and Reporting on the Biggest Cryptocurrency Winners From a Top 10 Crypto News Site



New Crypto Regulations In The US: Are The Good Times Over?

New Crypto Regulations In The US: Are The Good Times Over?


All of us who have invested and traded in Bitcoin knew that there was no guarantee

that the good times would last forever. We’ve seen the value of the currency have ups and downs and then ups again, demonstrating its resiliency in a changing world. We’ve also seen it thrive during times when conventional markets struggle. Free of regulation and unconnected to industries and businesses that can drag a market up or down along with them, during its best months it’s been exactly what we all hoped it would be when the concept of cryptocurrency was first explained to it.

Even those who have done well out of Bitcoin would have to admit one thing if we were honest, though – we didn’t know for sure it was going to blow up like it did. Spending money on Bitcoin – especially during the last couple of years when prices have been particularly volatile – has always been akin to throwing money into a game on an online slots website and hoping for the best. Sometimes when you play online slots on websites like UKOnlineSlots.com, you get a huge return from a very small stake. Other times, perhaps more often, the company that runs the online slots website takes all of your money, and you’re left with nothing. Based on the news that’s coming out of the United States of America, the US treasury may soon be about to start playing the part of the online slots website – and they might be calling time on placing fresh bets.

There’s no way to dress up Steven Mnuchin’s start warning any other way. He hasn’t minced his words when it comes to his opinion on cryptocurrency, and several of his contemporaries and allies feel the same. Mnuchin says that stringent new regulations are coming, and they’ll likely change the way that all of us interact with crypto, and perhaps even our freedom to do so. Neel Kashkari, the President of the Federal Reserve, is on record as calling crypto ‘a garbage dumpster,’ and so we can expect the Federal Reserve to back the new regulations to the hilt. In other words, they think we’ve all had our fun at the expense of conventional banking systems for long enough, and now it’s time for the conventional financial controls and controllers to fight back.

In a strange way, we can probably blame Mark Zuckerberg and Facebook for all of this upheaval. If his company hadn’t tried and failed to get approval from US-based authorities for the doomed pseudo-cryptocurrency Libra, the whole idea of crypto probably wouldn’t have come in for such close scrutiny in the United States of America at all. Now, even the President appears to know what it is, and he doesn’t like it. Before Libra started pursuing official channels, American authorities sort-of knew what cryptocurrency was, but they turned a blind eye to it. Now they’ve been forced to lift the veil and find out what’s there, and it turns out they don’t like it one little bit. Because of that, they’re going to make it as hard and unrewarding for Americans to invest and trade in it as possible.

Right now, the price of Bitcoin hasn’t been affected too much by the announcement of forthcoming regulations. If you know much about the way Bitcoin prices move, that might not be too big a surprise. The scheduled halving event is still expected to go ahead in May, and the currency’s value is currently dependent on that far more than it is on any other external factor. Were the halving not on the radar, it’s likely that Mnuchin’s announcement would have sent Bitcoin’s cost crashing back through the floor. Depending on what’s contained within his package of rules and sanctions, it may still do so.

Ostensibly, Mnuchin’s concerns about Bitcoin (and other cryptocurrencies like it) is that they’re too anonymous, and they’re too open to use by terrorists, fraudsters, and organized criminals. Money can’t be followed from one place to another, and it’s difficult to know who has what, and where they’ve got it from. To put it another way, they hate it for a lot of the same reasons that the people who trade in it like it. Even those of us who love the concept, though, mostly acknowledge that more needs to be done to ensure that crypto doesn’t become a hiding place for illegal and immoral conduct. Some regulation activity with regard to this might even be welcomed in some quarters, but it’s hard to imagine what such a regulation would look like, or how it could possibly be enforced.

While the winds of change appear to be about to bring band news on the breeze for Americans, their impact on the rest of the world might be limited. Europe, which is generally seen as more forward-thinking when it comes to future technologies than the United States of America, already has an agreed framework for how crypto may or may not be used, and the majority of users and traders are happy to abide by it. Switzerland, in particular, is known for its pro-crypto stance, and it’s very telling that Facebook has decided to switch its Libra operation to that country recently.

It’s hard to say what the final outcome of the American change in attitude to crypto is likely to be, but it appears that we’re about to see a very important test. Will tougher regulations in the USA make it harder for everyone to trade and drag cryptocurrency prices down, or will the world of crypto carry on regardless with very little in the way of change or disruption? If the former happens, we may all have to reluctantly accept that the good times are over, and we’re going to have to make the best of what we still have. If the latter happens, though, it will be a rude awakening for the US Treasury. They’ll have had confirmation that cryptocurrency is a beast that they cannot control and can barely even influence – and that will likely scare the conservatives who set the tone of policy within the organization to death. 

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Bitcoin Garden

This content is brought to you by the Bitcoin Garden staff.






Crypto APIs Helps Enterprises and Developers Build Blockchain-based Products

Crypto APIs Helps Enterprises and Developers Build Blockchain-based Products

Building blockchain-based products and services require considerable backend and technical resources, but Crypto APIs is making it easier for enterprises and developers with its unique set of tools.

A world which revolves around the allocation of scarce resources into satisfying our infinite desires

seems to be focusing on innovation that is oriented towards how this usage of resources is to be optimized, with data becoming indeed “the new oil”. As such, enterprises are noticeably embracing blockchain solutions, as the worldwide spending on them is expected to grow from 1.5 billion in 2018, up to 11.2 billion by 2022, according to Statista. Hence, it’s no wonder financial companies and other institutions are seeking out this form of structuring and distributing their data with no central authority that gets in their way. However, as with every emerging technology,

the constant challenge appears:

“Should I build it from scratch, or use available solutions?” 

The answer is not definite, yet still related to resources: time and money in accordance with data. If they are both to be optimized for the best of the company’s interest, the quality of the product will thrive. This is especially true if you are a software developer with a vast interest in dApps.

The main problem developers and enterprises are encountering is having their platform implementation costs worth it, which if not leads to a costly R&D phase, the need of a blockchain developer, 5 years of work with worst-case scenario being they don’t even have a product ready yet, and the best-case: having plenty of debts and very little competitive advantage. Similarly, 10 years ago, setting up a software platform would require thousands of dollars at the very least for servers and maintenance, with not even a clear product on their hands to put to market. However, nowadays through AWS and other services,the process is hugely facilitated with just $100. Hence, history has proven infrastructure layers have revolutionized adoption to technologies. The same logic is applied into blockchain. Enterprises’ common intuition directs them towards different APIs providers for blockchain, crypto market data and exchanges protocol support. However, some exchanges provide only Rest API while others provide only WebSockets. Therefore, of course, developers will need at least two different API providers, pay two separate sets of bills and handle multiple interfaces for different exchanges. With the scalability challenge, the problem will only get worse over time.

Crypto APIs offers the convenient option which, as you may have guessed, consists of one single API provider through a simplified and unified model integration. A best-in-class solution that includes: Blockchain API, Crypto Market Data API and Trading API. It provides support for top cryptocurrency exchanges and 10+ blockchain protocols. The Blockchain API itself offers 600+ endpoints for its users. Not only is Crypto APIs robust and powerful, but it is extremely easy to be implemented with just a few lines of code during your cocktail hour. Their interoperable and coherent API provides methods for retrieving data from exchanges, wallets and various data sources protecting the integrity and security of the users. Crypto APIs regards this to be an important issue and it is considered a priority for all sensitive information private key and API password to be strongly encrypted and stored in this format only.

In addition, whether it is for building Crypto trading bots or for managing digital asset portfolio, the user will need to handle big data storage. Crypto APIs covers that functionality together with locally hosted nodes. The service can manage 5K+ Market Data Updates per second, while maintaining a constant Market Data collection non-stop all from the exchanges. Its multi-crypto seamless integration also supports multi-language SDKs. Moreover, a true proof of the company’s reliability is when it starts building its own innovative solutions on top of its own ecosystem. Examples would consist in, Kryptonize, the 0% commission Metamask competitor, with added support for multiple currencies, or BlockExplorer, the most advanced search engine for blockchain data, both offered to the public from Crypto APIs due to their unification of the top blockchains in one place.

To conclude, the future of blockchain is indeed backed up by evolving records, which is more of a reason for enterprises to choose the correct approach in their priorities. Nashwan Khatib, Crypto API’s CEO states: ”In 2020 every company is becoming a fintech company, in 2030 every company will be blockchain company with the help of infrastructure layer companies like Crypto APIs.” As follows, the essence of this product is noticeably driven by the desire to make programmers, traders, financial institutions, or any blockchain-enthusiast really, more likely to reach their goals and focus on their application logic. In that context, they become the epitome of the invisible hand on the blockchain economy, where Crypto APIs’ interest to sell their product complies with the interest of their customers’, truly achieving win-win situations.

Article Produced By
Cryptovest News Desk



The CIA Secretly Owned Crypto AG, Did They Secretly Create Bitcoin? (Opinion)

The CIA Secretly Owned Crypto AG, Did They Secretly Create Bitcoin? (Opinion)

“It was the intelligence coup of the century.”

That’s the assessment of the CIA in a classified report obtained earlier this month by an investigation of the Washington Post. The Post made stunning revelations in a report headlined, “How the CIA used Crypto AG encryption devices to spy on countries for decades.” Crypto AG was a Swiss encryption company. It made millions of dollars since World War II selling encryption devices. The governments of over 120 countries bought Crypto’s devices well into the 21st century.

Operation “Thesaurus”

But the Washington Post made the stunning revelation in early Feb 2020 that the information security company was secretly owned by the CIA. And the Central Intelligence Agency had built back doors into the encryption methods so it could easily decode messages and spy on foreign governments’ most sensitive communications. Governments the world over trusted Crypto AG to encrypt communications for their military, diplomats, and spies. Among Crypto AG’s clientele were Iran, military dictatorships in Latin America, India, Pakistan, and the Vatican.

Who Is Satoshi Nakamoto?

From 1970 forward, most of the world’s governments were unwittingly handing the CIA their money and also their secrets. These revelations about this stunning and audacious CIA signals intelligence operation beg the question: Did the CIA create cryptocurrency? We still don’t know who invented Bitcoin. Its creator has remained anonymous to this day. The inventor of Bitcoin published the Bitcoin whitepaper under the pseudonym, Satoshi Nakamoto. And they posted to the Bitcoin Talk forum under that moniker. Could Satoshi Nakamoto be the Central Intelligence Agency?

Did The CIA Create Bitcoin?

There’s no conclusive evidence of who Satoshi Nakamoto really is. That remains a mystery to this day as far as the public is concerned. (Craig Wright’s objections to the contrary notwithstanding.) The following evidence that Satoshi Nakamoto might be the CIA is circumstantial, and the conclusion is speculative. But if it’s not compelling, this evidence is certainly captivating. And the Crypto AG revelations show just how plausible it is that the CIA could have created Bitcoin as part of the monetary coup of the century.

Evidence That Satoshi Is The CIA

To begin with, Bitcoin is based on technology created by the National Security Agency (NSA). The NSA’s Secure Hashing Algorithm 256 (SHA-256) is a lynchpin of Bitcoin Core, the software that turns a computer into a Bitcoin node. SHA-256 is a one-way hashing function that compresses and encrypts a string of any length into a unique 256-bit signature or hash. The original string cannot be determined from the hash. And it’s impossible to guess what SHA-256’s output will be for any given input. So it’s functionally random. You can enter Abraham Lincoln’s Gettysburg Address into it and get one hash, then change a single letter and enter it again and get an entirely different hash.

None of this proves the CIA created Bitcoin. The NSA published SHA-256 in 2001. So non-CIA coders could have taken it up and used it to make Bitcoin. But after Crypto AG, it does make one wonder if there’s some kind of back door into SHA-256. Perhaps more incriminating is the meaning of the name Satoshi Nakamoto in Japanese. Nakamoto actually means “Central” or “Middle.” Satoshi means “Enlightened,” “Wise,” or “Intelligent.” These are facts. Satoshi Nakamoto means Central Intelligence. That could be a joke by its non-CIA creators, or it could be the CIA’s calling card.

Article Produced By
Wesley Messamore

Econ, finance, history, and politics nerd. Bachelor of Business Administration. Majored in Entrepreneurship. Wesley loves blockchain and hashbrowns.



Introduce Cryptocurrency Payments Within Any Service With the Blockmove Payment Aggregator

Introduce Cryptocurrency Payments Within Any Service With the Blockmove Payment Aggregator

With the development of the crypto economy, cryptocurrencies are increasingly entering our lives every day.

Not everyone is trying to support this trend, this is especially true for financial regulators, who see a certain kind of threat in the digital currency, and therefore try to limit the crypto sphere. All this doesn`t prevent it from developing rapidly. Thus, there is an upward trend towards using cryptocurrency as a means of payment. Even the number of offline points for accepting crypto assets as a means of payment is growing every day around the world. And it is even truer the online sphere.

Such a trend is natural and understandable. Initially, the cryptocurrency represented by bitcoin was created as a certain decentralized payment tool helping to get away from centralized banking systems, and becoming the starting point for the development of a public and open payment system. Everything is gradually coming to this, and many services are trying to contribute to this in every way possible. The Blockmove company, which introduced Merchant for cryptocurrency payments, is no exception.

How the Blockmove’s Merchant Works

For all interested users, Blockmove provides Merchant service that will help them instantly accept payments in cryptocurrency on any resource, as well as make withdrawals using various payment systems. To activate Merchant Blockmove on a website or online store,the company’s website, you need to go to go through a simple and fast registration process, copy the code and start accepting payments in cryptocurrency. After that, the user receives all the advantages of this type of payment for their service. To learn more about the Blockmove Merchant service, the site presents with the opportunity to add goods to the cart and see the payment form, where the customers can already choose the cryptocurrency that interests them a demo store and pay for the purchase. Thus, Blockmove allows the user to see what the payment process will look like after this service is implemented.

The Blockmove’s Merchant Advantages

As for the reasons why users should pay attention to Merchant from Blockmove, there are several of them. First, it is easy to install and use. The whole process will take a little time and even a beginner can handle it. The user creates a merchant on the Blockmove site, copies the code, and, voila, the merchant is ready to work on the resource. Secondly, this is an extensive list of supported cryptocurrencies, which includes the 8 most popular ones (BTC, BCH, LTC, DASH, DOGE, ZEC, ETH, and XRP) and all ERC20 tokens. Third, the company offers a full year of free Merchant service.

The Blockmove creators care about the security and anonymity of online payments. No one will be able to make a refund of the payment sent. Each transaction is encrypted, and its reliability is confirmed by users around the world. Customer funds are not controlled by banks, and no one has the right to block a transaction. Blockmove also provides its users with the ability to work through the API, charging the lowest commissions on the market. To get started with the API, go to the “API DOCS ” section on the Blockmove website, find the libraries, download and install them. Everything is very simple with Blockmove! And choose your product from Blockmove.

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Guest Post



Another Crypto Startup Targets the Public With New Fear-busting Mascot

Another Crypto Startup Targets the Public With New Fear-busting Mascot

Silicon Valley-based financial services startup Figure has launched a bid

to make distributed ledger technology more approachable – by creating a crypto-themed mascot that its masterminds hope will dispel public fears about blockchain technology. This is “Blockchain,” an anamorphic, talking, walking, wisecracking stack of blocks that is not only huggable and cute, but also wants to educate you on “how fast and convenient” Figure can apply and secure loans. The lovable mascot also wants to tell you all about “how the power of blockchain makes the post-loan process more efficient, secure and less costly.” The Financial Times, so often a source of crypto-skepticism,

took the news with a pinch of salt, quipping,

“We now have a personification of the marvel that is the distributed dream-ledger. And what’s especially lucky is that personification of the blockchain has given unto us a literal blockhead.”

But Figure appears to be deadly serious about the educative powers of its new mascot project.

Brad Simmons, Figure’s chief marketing officer, stated,

“Rather than ignore the challenge of educating consumers about blockchain technology, we chose to embrace it. We saw an opportunity to own the demystification of blockchain by creating a relatable and helpful character named Blockchain who will work to bridge the knowledge gap and break down the benefits of blockchain technology in easily digestible terms.”

The company is set to feature its new mascot in ad campaigns that air across broadcast and digital platforms in the United States, with 30-second spots and a longer video set for release.The ads will explain how Figure integrates blockchain technology in its product portfolio, which includes mortgage refinancing, a home equity line and student loan refinancing. But this cuddly mascot has also been charged with an important mission: helping the public overcome its blockchain fright.

Simmons says that some people are scared of blockchain technology or “confuse it with something volatile and potentially scary,” and claims that “very few folks really understand what blockchain’s capabilities are.” And that is where this cute block-shaped mascot comes in. The longer film, entitled “Meet Blockchain,” shows the adorable Blockchain team up with other puppet friends to separates blockchain tech from the “scary rumors surrounding cryptocurrency” – while demonstrating how Figure uses the technology to “make the post origination loan process faster and easier than the way things are traditionally done.”

Article Produced By
Jarosław Adamowski

Jaroslaw is a regular contributor to Cryptonews.com, who's writing in depth analysis about the cryptocurrency and blockchain space, going for interview with this industry players. Jaroslaw is a freelance journalist with a focus on Central and Eastern Europe. He is based in Warsaw, Poland. In addition to covering the latest developments in the region’s cryptocurrency industry, he contributes to a number of industry magazines and news sites.



Banking & Financial Head of Japans Liberal Democratic Party Calls for Swift Development of a Digital Yen

Banking & Financial Head of Japans Liberal Democratic Party Calls for Swift Development of a Digital Yen 

  • Kozo Yamamoto has said this week that the country should start looking into a digital yen over the next two to three years.

  • This is great for the crypto industry for many reasons no doubt however, whether the timeline is realistic or not remains to be seen.

The head of banking and financial systems research commission at the Liberal Democratic Party in Japan, Kozo Yamamoto has said this week that the country should start looking into a digital yen over the next two to three years. This is great for the crypto industry for many reasons no doubt however, whether the timeline is realistic or not remains to be seen. According to reports on the 10th of February by Reuters, Yamamoto said that plans for its ‘essential’ digital currency should be included in the governments mid-year policy guidelines. He further went on to add that digital currency has the potential to quickly spread in emerging economies in giving a leg up in order to advance its digital market. Because of this, he went on to say that the development of digital yen

must be swift:

“The sooner the better. We’ll draft proposals to be included in government’s policy guidelines, and hopefully make it happen in two-to-three years. […] If each country manages to control flows of money with their own (digital) currencies, that could prevent a big swing at a time of crisis and stabilize their own economy.”

The words from the Japanese lawmaker follow those of the former economic minister and ruling party member Akira Amari, who said in the past that he wants to issue of central bank digital currency in order to counter Chinese upcoming digital Juan. Despite this, Yamamoto has admitted that even though the spread of interest in the central bank digital currencies could undermine the dollar’s grip, it could also stabilise emerging markets that rely on the dollar such as Cambodia.

Article Produced By
Robert Johnson

Robert is a keen investor with a particular interest in cryptocurrencies. He has been involved in the industry for many years, and because of this, has gathered a lot of knowledge surrounding this area. He studied English at university level and has a passion for writing. He loves being able to combine his two mains interests on a daily basis.



What is Cred? Decentralized Crypto Lending & Borrowing Platform

What is Cred? Decentralized Crypto Lending & Borrowing Platform

If you want to gain from your crypto holdings, Cred is one of the best platforms to earn interest on tokens. Read on for our Review

If you haven’t heard of Cred, that may change in the near future.

Cred is a growing crypto-focused company that is developing a range of solutions for crypto holders, borrowers, and real-world merchants. The company has ambitious goals and has attracted some of the top talent in the digital payments industry to its team. The company started in 2018 under the name Libra Credit but has since changed its name to Cred. It is well funded and has a realistic business model that may grow quickly over the next few years. All of Cred’s activities focus on making cryptos a mainstream way to save, lend and pay, which could propel the company into a leading position in the digital payments space. The original idea that launched the company was simple: make lending and borrowing simple.

Cryptos allow people to connect globally, and address some of the inefficiencies that exist in the banking industry. If a person wants to make a loan to someone in another country, it is almost impossible to do that at a retail level in the current financial system. Earn interest on your crypto deposits. The global economy would benefit from a deeper credit market, especially if banks are removed from the equation. Cred is addressing this opportunity, and it isn’t the only area that the company is working to improve.

Cred is Making Cryptos Work

Cred is working to create solutions for everyone in the crypto ecosystem, and also make cryptos a realistic way for people to spend on everyday items. If you want to gain from your crypto holdings, Cred is one of the best platforms to earn interest on tokens. Cred also has ways for people and businesses to borrow in tokens, which may be cheaper than fiat borrowing options. Let’s have a quick look at some of the ways that Cred is taking the crypto economy mainstream.

For Crypto Holders

Most of the people that hold tokens are hoping for the price to rise. While this is likely to happen, it is also worth looking for ways to make a passive income from interest on your token reserves. Cred allows crypto holders to do just that, and it also works with an established insurance company to offer a higher level of security to its depositors. Depending on the token and amount that is on deposit with Cred, token holders can earn as much as 10% per year on their portfolio. Combined with increasing prices, this makes cryptos one of the most attractive assets in the market. While rising token prices aren’t guaranteed, the interest that a depositor receives will them to wait.

How Cred Works

For Borrowers

Access to credit is the lifeblood of any business and is also necessary for many individual purchases as well. Cred is creating ways for borrowers to access credit globally with crypto lending, and also crypto-to-fiat where regulations allow it. The net result is an entirely new source of credit, which is always good for borrowers.

For Merchants

One of the biggest things holding crypto back is their inability to be used by regular people for everyday purchases. Most people don’t know how to use Bitcoin at their local coffee shop, and it is much easier to just pull out a Visa card and pay. Cred is working to change this and has shown that it is possible in California, where its system is used by the Cannabis economy, as it has been shut out of the US banking system.

Cred Milestones

Cred just published a yearly update on their blog. In less than one year they reached profitability and signed up customers in over 190 countries and 29 US states. We also secured the California Lender’s License, added BitGo as a custody provider, and Lockton as our insurance provider.

Top Level Talent

Cred has been extremely successful in advancing its goals and attracting bright minds with lots of experience in the digital payments space. Last year the company was able to welcome talented professionals to its team, who have extensive experience in

the digital payments space.

According to Scott Thompson, who was the President of PayPal and CEO of Yahoo!: “This is one of the strongest executive teams I’ve encountered in the crypto and blockchain industry…Lu Hua, Dan Schatt and many of the individuals at Cred are former PayPal executives during my tenure. I have no doubt they will bring the same energy, commitment and results to Cred as they did at PayPal.”

Today, Thompson is an adviser to Cred, but he isn’t the only top-tier professional that is helping the company grow. Last year Maxim Rohkline joined the team as Chief Product Officer, James Alexander became the Chief Capital Officer, and Richard Oh was hired as GM

for Asia operations.

Joe Podulka, another Cred team member, had this to say about the company: “Cred is solving concrete problems for individuals, companies, and governments…Cred combines the best of blockchain and the best of traditional finance, to offer superior financial services and is insured, licensed, and compliant. It’s a pleasure to be a part of this winning team.”

Dan Wheeler is the General Counsel for Cred and a lawyer with lots of experience representing the financial industry. He was also the Chairman of the Financial Institutions Committee of

the California State Bar.

Wheeler commented:

“I’ve seen many fintech and blockchain companies come across my desk as head of Bryan Cave’s Fintech practice but Cred stood out from the pack…Cred’s unique combination of global talent, growth potential, and collaborative working relationships with regulators, politicians, investors and partners is a winning formula that led me to join this highly competent team. Cred has a highly sustainable model and I expect it will have great success in the years to come.”

Cred is Expanding Possibilities

The scope of the change that Cred is working to create is large, but its reach may easily fall within its grasp. Cred already has lending facilities in excess of $250 million USD, and it is a profitable company. It is highly unlikely that the company would be able to attract the team it has put together if its goals were unrealistic. Cred has a number of other projects, and also a token that trades as ‘LBA’. The world is ready for an integrated financial platform that leverages the inherent strengths that cryptos possess, and Cred appears to be working on how to roll out a platform that could be used by both retail-level clients and larger businesses.

New Markets on the Horizon

One of the most attractive aspects of the platform that Cred designed is the potential for it to become not only a payment platform but also an international market for credit. In many ways, the global financial system has created a situation that is easy to innovate in, as it is largely controlled by a handful of monopoly-level banks. In addition to more expensive credit, these conditions also make the cost of consumer lending artificially high. Much in the same way that modern electronics have dropped the cost (and increased the flow) of sharing information, cryptocurrencies promise to do the same thing for capital.

There are literally billions of people who do possess the electronics necessary to participate in the global crypto ecosystem, and Cred is creating the tools that will allow finance to grow across borders, and beyond the reach of entrenched interests. If you would like to learn more about Cred, check out its whitepaper by clicking right here. You can also visit its homepage here, and find contact information for the company. Cred offers a range of services, and it may be able to help you to integrate cryptos into your life or business.

Article Produced By
Nicholas Say

Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.



This Week in Crypto: Elon Musk Lauds Bitcoin, Ripple Eyeing IPO, Binance Helps Coronavirus Victims

This Week in Crypto: Elon Musk Lauds Bitcoin, Ripple Eyeing IPO, Binance Helps Coronavirus Victims

Crypto Market Drops By 10% in a Week:

Over the past week, the crypto market hasn’t that fared well, showing some weakness after weeks of gains that brought Bitcoin from $6,400 to a high of $9,200. This downturn after the strong bear market rally has brought BTC to $8,500 as of the time of writing this, down 8 or so percent from the local high. Altcoins have posted similar losses.

Tesla’s Elon Musk Talks Bitcoin and Crypto Again

While Elon Musk is known not to have a large stake in Bitcoin or cryptocurrency, when he talks about this industry, people listen. This week in a n episode of the Third Row Tesla Podcast, the Telsa and SpaceX CEO shared his thoughts about digital assets. Starting his train of thought first with “clever” to “What did you think of Satoshi’s white paper?,” the Tesla visionary said that there are obviously Bitcoin transactions not made in “the balance of the law.” Musk did, though, say that he sees “crypto as effectively a replacement for cash,” yet made it clear that he doesn’t expect a digital asset to become “the primary database.”

Ripple CEO Announces Intent to Issue IPO… Eventually

This week, Brad Garlinghouse, CEO of Ripple Labs, and many other of the world’s executives descended on Davos in Switzerland to talk finance. During a Wall Street Journal event, the leading Ripple executive said that he believes in the next 12 months, “you’ll see initial public offerings in the crypto/blockchain space.” Garlinghouse, touching on the long-held sentiment that Ripple will eventually issue shares on the public market, said that “We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.” In the same interview, he said he sees value in Bitcoin as a store of value, but not as a medium of exchange.

It Won’t Happen

Despite Garlinghouse’s hope that his company will go live, not everyone sure it will happen, at least not on time. Jake Chervinsky, a lawyer working as a General Counsel for the Ethereum DeFi app Compound, wrote that  Ripple’s claim that it will IPO doesn’t make much sense: “‘We might IPO in twelve months’ is something you might say to reassure your Series C investors, but not something you actually do when your book value derives largely from a digital asset that could be an unregistered security. This, of course, was in reference to XRP’s regulatory status or lack thereof, with some saying its a security while others say its a mere commodity just like Bitcoin and Ethereum.

Binance Supports Coronavirus Victims

Changpeng “CZ” Zhao, the Chinese-Canadian businessman that heads the world’s largest crypto exchange Binance, revealed in a tweet published hours ago that his company has pledged “10m RMB ($1.5m USD) to help coronavirus victims.” Zhao seemingly denied any use of crypto assets in this, writing that it “is not realistic to do crypto to end beneficiaries [for the Wuhan outbreak].”  Binance is purportedly still working on the logistics for this move, with the industry executive writing: “We didn’t make any announcements. But BCF/Binance team has been busy for the last few days. Still need help to arrange logistics locally.”

Article Produced By
Nick Chong

Nick has been enamored with cryptocurrencies since finding out about them in 2013. He now reports crypto- and blockchain-related news for a number of leading outlets.



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