Giovanni Simeone: Diego’s boy is one to watch in Serie A

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It was something seen across millions of football pitches all over the world. A youngster – having tried his heart out for the whole 90 minutes – finally scores a goal at the end of the game and immediately looks over to see if his Dad had seen him find the back of the net. The universal language of the game speaks to people in that way, our human behaviour always dictating that we seek the approval and recognition of our parents.

Perhaps that was why, when Fiorentina striker Giovanni Simeone finally got his goal at the end of a 6-1 victory over Chievo Verona on Sunday, the 23-year-old immediately looked for his father in the stands, and the image was shared over and over on social media. That the Viola number nine’s father is the current Atletico Madrid boss Diego Simeone was not important here, it was a genuine moment between father and son that had global appreciation.

Giovanni is one of a number of sons of ex-star players in Serie A, his team-mate Federico the offspring of Enrico Chiesa, Justin Kluivert of AS Roma the son of Patrick, Federico Di Francesco the son of Giallorossi boss Eusebio and even current Azzurri Ct Roberto Mancini has watched his son Gianluca play in Atalanta’s first team this season.

Any son of a famous player undoubtedly wants to make their successful father proud, and some of them will never reach the heights of the generation before. Some will be affected by the weight of expectation on them and some may even become complacent or develop an attitude of entitlement.

Yet Giovanni Simeone works with 100% commitment and desire no matter who is watching him, and the fame of his predecessor only serves to push him even harder to make his own name for himself. He has inevitably been asked often about his position in the Simeone family, and admits that it has on occasion been a hindrance rather than a help.

“Ever since I was a kid it was not an easy situation: everyone talked about me, saying that if I did play football it was only because I was Simeone’s son,” he told the official Serie A website back when he was at Genoa in 2016/17. “But that wasn’t the case. I have always been a normal guy who wanted to play football, learn and get into the first team. You cannot compare us: I am Giovanni, he is my father.”

Having the right mentality is a huge step in the right direction for a player that has to deal with comparisons to Diego before a ball has even been kicked, and Simeone Jr. is wise beyond his years in this respect. He has the pride of a lion and wears his heart on his sleeve at all times, as he busts a gut in every single game to fire the Viola into the lead.

This saw the striker – who also takes advice from his father’s former Argentina teammate Gabriel Batistuta – find the net 14 times last term, drawing attention from the media who even linked him with a move to join his father at Atletico. However, those who have followed his career closely could see that this was unlikely, Giovanni’s father clearly happy for his son to continue learning under Stefano Pioli, a Coach excellent in his ability to help young players to shine.

Work ethic is clearly so important to the 23-year-old, but being humble enough to accept advice from the likes of Pioli and Batistuta – both of whom have pulled on the famous purple shirts in front of the passionate Curva Fiesole – has allowed him to relax and ditch some of the frustration that sometimes accompanies a desire to try his absolute best.

“Hunger is something which should come from your heart, and you need it to excel in any walk of life,” Giovanni said in a recent interview with La Gazzetta dello Sport. “The starting point is in your mind. In my case, also my feet. I was not born a champion, but thanks to my mentality, I’ve succeeded where players who were potentially better than me have failed.”

Already off the mark for the 2018/19 campaign with a goal and an assist, Simeone is on course to eclipse last year’s total of 14. It will be heart-wrenching when the inevitable time comes for Fiorentina supporters to let go of their star striker to a bigger club, but the truth is that they always knew that the striker was destined to move up to a level that their club could no longer provide.

It would be easy to say that such predestination came from his birthright, however Giovanni Simeone has created his own story by working hard to shrug off the assumption that his status was achieved purely due to his surname. That, above all, will have been in his father’s mind as he celebrated his son’s well-deserved goal from the stands last Sunday evening as his son truly made him proud in a Fiorentina shirt.

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Andreessen Horowitz Backs Dfinity With Largest Crypto Investment Yet

Dfinity Cryptocurrency Andreessen Horowitz

Dfinity, Cryptocurrency–Andreessen Horowitz (A16Z), the popular venture capital firm of Marc Andreessen and Ben Horowitz, has announced its most ambitious cryptocurrency investment to date in the form of new blockchain project Dfinity. Billed as a company to reinvent cloud computing and challenge the current market leaders of Amazon Web Services and Saleforce, Dfinity looks to implement a cheap, decentralized alternative that utilizes cryptocurrency and blockchain at its core. It refers to its ambitious new project as a “world computer” and “Cloud 3.0”–two statements that have been taking the investment circuit by storm.

Earlier in the week, the company reported securing a $102 million round of funding, with Andreessen Horowitz making up one of the more high profile investors, in addition to the $61 million raised in March. While blockchain based projects are becoming a dime-a-dozen in the current landscape of tech fundraising, Dfinity plans to distinguish itself through a number of innovations related to scalability, in addition to utilizing the already proven secure nature of cryptocurrency. By basing the project on a decentralized framework, Dfinity looks to cut both costs and bureaucratic clutter by removing the singular entity at the heart of the computing enterprise, a step over monolithic competitors like Amazon Web Services.

Speaking in an interview with Fortune and on a blog post about the new project, Chris Dixon of Andreessen Horowitz expanded upon why their firm had placed its largest blockchain-based investment in Dfinity, in addition to praising the prowess of founder Dominic Williams and the development team,

“Decentralized computation networks like DFINITY stand to bring us closer to a world where digital platforms can be constructed from trustless, autonomous, and open source software that is owned and governed by communities of users and developers, rather than companies.”

Dixon is holding to a realistic view of a timetable for Dfinity adoption, as well as how the company can grow via a stepping stone approach to the marketplace. Rather than immediately going after the major clients for both Microsoft and Amazon, Dixon outlines how Dfinity can first find traction in the world of academia and startups while building towards the cost-saving, improved utility features that will be attractive to large firm companies.

While Dfinity has avoided referring to its project as an initial coin offering or in any way issuing coins that come at the cost of regulatory hurdles down the road, the company has been proactive by instituting an airdrop this past May which saw the distribution of $35 million tokens to early investors. The company is eyeing Ethereum as a potential opponent in the space of cryptocurrency, with plans to challenge the second coin by market capitalization as the leader in instituting smart contracts.

Dixon, again speaking with Fortune, attempted to downplay the competition between Dfinity and Ethereum, stating that the two coins will offer complimentary services. However, he did find time to comment that Dfinity is a currency better poised for large projects and overcoming the barrier to scale currently faced by most cryptos, while still lauding Ethereum for its high energy and development enthusiasm.

The post Andreessen Horowitz Backs Dfinity With Largest Crypto Investment Yet appeared first on Ethereum World News.

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Q1 2018 Binance Profits Surpass Deutsche Bank, Near Nasdaq

Binance

Binance Pulled In $200M In Q1, While Deutsche Bank Brought In $146M

To be frank, there isn’t too much of a comparison between the crypto industry and legacy capital markets, but on the exchange side of things, maybe this isn’t the case, with Binance’s Q1 2018 profits reportedly surpassing Deutsche Bank’s and nearing Nasdaq’s.

On Thursday, Dovey Wan, managing director of DanHua Capital and a crypto investor, took to Twitter to provide an interesting point of insight into the crypto industry, noting that Binance outperforming Deutsche Bank in Q1 of this year.

Backing this seemingly outrageous claim, Wan posted an image, which gave a short, yet sweet side-by-side comparison of the two firms. Deutsche Bank, which has been one of Europe’s foremost financial institutions for more than a century, pulled in a sizable profit of $146 million in Q1 2018 after giving salary to over 100,000 employees and fulfilling its operating costs. On the other hand, Binance, which was founded only in July 2017, raked in $200 million after its operational margin, topping Deutsche profits by 35%.

However, her comment’s quickly sparked some conflict within the Twitter thread, with some noting that this is more of an “apples to oranges” comparison, as both of the firms operate with an entirely different structure in separate industries.

Acknowledging this, the DanHua executive went on to make a better comparison, trying to make it more “apples to apples.” This time, she contrasted Binance and the Nasdaq capital markets exchange, revealing that Binance’s Q1 profits were ‘only’ $9 million shy of Nasdaq’s, even with the crypto exchange’s relatively small team.

While this by no means shows that crypto is surpassing traditional markets, Wan indicated that these statistics show that decentralized technologies and markets hold “disruptive potential,” writing:

Yes, there is nuance in compliance cost etc, the comparison mainly tries to illustrate an industry with exponential growth + disruptive potential. If AMZN can be accessible outside NASDAQ, why chinese investor has to pay super high P/E for local s***? Liquidity brings optionality.

Binance Rakes In Millions In Profit, Even Amidst A Bear Market

As per a previous Ethereum World News report, Binance’s CEO expects for his firm to pull in $1 billion in profits for all of 2018, even amidst a bearish market that has plagued investors since January’s all-time highs. This substantial profit figure could be attributed to the firm’s rapidly pudding user base, along with near-consistent volume levels on its over 100 trading pairs.

According to Zhao, his company has now supported over ten million customers, generating an average of $1.5 billion in trade volume each and every day. To give the user base figure a bit of perspective, Binance only had two million users at the start of 2017.

Some skeptics reasoned that the only reason why Binance could pull in such a profit is due to the suspected exorbitant listing fees requested by the exchange. As covered in early August, an ‘official’ email from Binance claimed that a fee of over $2 million should be paid for listing on the popular exchange. While this claim has since been rebutted by CEO Changpeng Zhao, many speculate that this could be the source of a good portion of the startup’s profits.

Regardless, Binance doesn’t seem to be the only firm ‘rolling in the dough’, even as the retail market all but dries up. With BitMEX, the world’s most popular Bitcoin mercantile exchange, recently ‘making it big’ with a move into one of the most expensive office towers in the world. As reported by Ethereum World News last week, the exchange, which has become well-known for offering margin trading, will pay over $570,000 a month in rent for just one of its offices, showing that the firm still has some cash to spend.

Photo by Jakub Gorajek on Unsplash

The post Q1 2018 Binance Profits Surpass Deutsche Bank, Near Nasdaq appeared first on Ethereum World News.

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MyCrypto Ethereum (ETH) Wallet Solution Raises $4 Million In Funding Round

MyCrypto Raises $4 Million In Series A Funding Round

Although the retail crypto market may be in a slump, venture investors seem to be as interested as ever, with VC firms pouring millions of dollars of funds into promising crypto-centric projects, products, and services on a near-daily basis. Most recently, an amassment of prominent investors and venture capital firms have stood behind MyCrypto, a popular Ethereum-focused wallet solution.

As per a Medium post released by the team behind the product, the startup has just raised $4 million in a Series A funding round.

Leading the funding round was San Francisco-based Polychain Capital, which has become well-known after fund founder Olaf Carlson-Wee led Polychain and its investors to new heights. Other well-known investors that participated in the startup’s funding round include Boost VC, Shapeshift, Ausum Blockchain Fund, Mainframe’s Mick Hagen, Chance Du Of Coefficient Ventures, Albert Ni, Lily Liu, and Adam Draper, as per MyCrypto’s announcement.

What’s Next For MyCrypto?

For those who are unaware, MyCrypto’s ethos is to build what the crypto community needs, along with creating easy-to-use methods for accessing the blockchain and utilizing crypto assets. And so far, this ideology has stuck, with a talented team of over 15 individuals recently rebuilding the wallet product from the ground up, while also adding “a ton of new features” and introducing support for a native desktop app in the process.

Not only has the startup focused on a wallet, but, the firm also launched an open-source Monero (XMR) block explorer called Monero Vision. While this sounds like a monumental task on its own, as MyCrypto puts it “that’s not enough,” adding that a strong foundation has been laid, but preparing for the “next wave” of cryptocurrency adoption will be an absolute necessity. The press release noted:

These steps have laid a strong foundation for the MyCrypto platform. We need to prepare for the next wave of cryptocurrency users entering the space and help ensure they can interact with the blockchain, play with dapps, trade their coins and tokens, and do it safelysecurely, and with confidence.

So what’s next for MyCrypto? You may ask.

Well, although the startup didn’t highlight any specific products, the firm intends to “make crypto easier to get into.” Elaborating more on what this meant, the release noted that interfaces should be “less confusing, abstract away information that doesn’t need to be upfront” and most importantly, making the crypto experience as frictionless and seamless as any other modern technology.

Expressing excitement for her brainchild, Taylor Monahan, the Founder and CEO of MyCrypto stated:

The cryptocurrency market is always changing and evolving, which can make navigating and understanding it difficult and overwhelming for both new and seasoned users. We’re dedicated to designing an experience that can further simplify how people can access and store cryptocurrency and are thrilled to see the overwhelming support we’ve received from our partners, investors, and community.

So keep your eye out for MyCrypto, as the firm’s collaborative moves with its new partners will be sure to produce some world-changing crypto-centric products in the near future.

Photo by Vladimir Solomyani on Unsplash

The post MyCrypto Ethereum (ETH) Wallet Solution Raises $4 Million In Funding Round appeared first on Ethereum World News.

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Bitmain Subsidiary BTC.Com To Launch Ethereum (ETH) Mining Pool

bitmain

While prices may be down in the gutter, the mining industry is still growing at a rapid pace, with firms like Bitmain, Canaan, EBang, and others doing their best to excel in the face of an overall market downtrend.

Bitmain, the world’s most valuable cryptocurrency firm, has forged ahead, recently revealing that its BTC.com subsidiary will open an Ethereum (and Ethereum Classic) mining pool in the coming days.

You may know BTC.com for its relative dominance over the Bitcoin network, hosting a hefty 16% of the hashrate outputted by BTC miners. The Bitmain-backed pool also holds a similar level of dominance over Bitcoin Cash, which the ASIC manufacturer is a proponent of, with a relatively substantial 14%. But now, BTC.com has unexpectedly set its eyes on the Ethereum blockchain, down just one rung from Bitcoin in terms of market capitalization.

As per statements gathered by The Next Web, Zhuang Zhong, the director of BTC.com’s mining pool operations, expects his firm’s operations to “grow to 12 percent of ETH total hashrate in the next 12 months.” Although this goal sounds rather ambitious, some believe that the Bitmain subsidiary can reach and surpass their ambitions, as BTC.com has become an integral part and a trusted name of the crypto ecosystem.

For now, this new pool will support Ethereum and Ethereum Classic, with users being given the opportunity to automatically switch between the two assets to maximize mining profitability. Zhong then elaborated on how exactly the pool is going to work, writing:

Because contracts are charged per line of executed code and miners are rewarded for dedicated hashes using GHOST, Ethereum provides multiple different reward incentives to contribute hash power to the network. We hope to expand Ethereum’s network by relaying those rewards through our FPPS system.

Oddly enough, the BTC.com executive noted that the new pool will likely be able to support Ethereum’s long-awaited Casper protocol integration, which will see the consensus of the Ethereum network switch from solely Proof-of-Work to a Proof-of-Stake (POS) focused model. Zhong added that a pooled POS design “is still possible,” but will likely “increase the complexity to design such a pool since miners need to deposit Ether to the mining pool, but we have a lot of hands-on experience with wallets and Ethereum smart contracts to make a PoS mining pool possible.”

For those who are unaware, Ethereum’s Casper protocol will allow users to ‘stake’ their Ether, with a reported ~500-1000 ETH being a minimum for a solo ‘staker’. So if BTC.com successfully transitions to a PoS model, it is likely that its service will garner lots of support and staked Ether.

Earlier this year, Bitmain, who has plans to go public in the near future, released the first-ever Ethereum ASIC mining machine, which threw many for a loop. The ASIC, named E3, was capable of outhashing a graphics card by many magnitudes, leaving some to believe that Ethereum’s time as a GPU-mineable coin was up.

Following the announcement of even more EthHash ASICs, some claimed that it was time for Ethereum to fork away from ASIC support. But as it stands, no moves towards ASIC resistance have been made as of yet.

Title Image Courtesy of David Mcbee/Pexels

The post Bitmain Subsidiary BTC.Com To Launch Ethereum (ETH) Mining Pool appeared first on Ethereum World News.

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First Kenyan Cryptocurrency Project Aims to Improve Quality on Logistics Industry

Blockchain technology-based businesses and ventures continue to grow. Every day new projects appear on the market, showing the potential that DLTs have to promote economic activity without any distinctions.

A case worth mentioning as an example of crypto money having no borders is TMX, the company behind TMX Global Coin, a project that seeks to consolidate itself as the first cryptocurrency of Kenyan origin in the crypto-verse.

The development team behind TMX Global Coin seeks to solve a real problem that has affected the country for years: logistics failures and the difficulty of re-tracing packages and transactions.

Anthony Njoroge, CEO of TMX, told the Kenyan portal Daily Nation how he hopes to change the cargo logistics business around the world through the use of specialized tokens running on a blockchain:

“We are using Blockchain technology to enhance Cargo logistics business to have more open, transparent and democratic process using a decentralized system, where all the users are able to talk to each other on an open platform, “

According to a video that can be seen on the official website, the kenyan project uses a series of ERC20 tokens as cryptocurrency that allow the execution of smart-contracts between various parties involved in a business. In this way, they hope to provide the ability to real-time track the status of a package as well as any associated transactions.

Mr. Njoroge explains that the payment system developed by TMX provides stakeholders with a higher level of security than current solutions

“The consumer as well gets to know the amount of money required throughout the different processes the cargo goes through and the estimated amount of time. Once the cargo successfully goes through a process the system ticks in the system as complete and starts the next process.”

A Long Way To Go, A Better Future Approaching

TMX Global Coin started its development process last year; however, it was not until mid-2018 that the product was mature enough to generate a sufficient level of credibility in the marketplace.

The TMX team has made contacts to establish business alliances in Asia and Europe as stated by local media; however, there is not yet a specific date for its implementation. According to its Roadmap, the Pre-ICO phase will begin in September of this year and is expected to be launched sometime in May 2019.

Kenya is one country that is using blockchain to boost its economic and political development. Just a few days ago, Kenya’s Independent Electoral and Boundaries Commission (IEBC) chairman Wafula Chebukati said in a public statement that the government is considering the use of DLTs to improve efficiency and transparency of its electoral system

The post First Kenyan Cryptocurrency Project Aims to Improve Quality on Logistics Industry appeared first on Ethereum World News.

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Yahoo! Finance Debuts Bitcoin, Ethereum, Litecoin Trading

Yahoo! Finance has launched a new feature on its website where people now buy and sell cryptocurrencies. Currently, the feature supports trading in Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).


Cryptocurrencies have taken another step toward mainstream adoption. On Wednesday, Popular financial news portal Yahoo! Finance quietly rolled out a new feature that has the entire crypto community buzzing. In addition to the other features the portal offers, users can now buy and sell select cryptocurrencies.

Yahoo! Finance is one of the most popular financial websites in the world. According to Statista, the financial portal received approximately 70 million visits in May 2018 – more than MSN Money Central (65 million), CNN Money (50 million), and Google Finance (40 million).

In November 2017, through its partnership with CryptoCompare, Yahoo! Finance began displaying cryptocurrency market data. Now, it has taken the next step, enabling users to buy and sell cryptocurrencies on its platform. Currently, this functionality supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

Reaction to the news within the crypto community has been overwhelmingly positive. Litecoin founder Charlie Lee tweeted:

Anthony Pompliano, founder of Morgan Creek Digital, was similarly enthusiastic:

Cryptocurrency trading through Yahoo! Finance is currently only available in the United States and is made possible through its partnership with TradeIt, Inc. To use the new service, users must have either a Coinbase or Robinhood account and have it linked to their Yahoo! Finance account.

The company has yet to release a statement about the new crypto trading feature and speculation is running rampant as far as which cryptocurrency will be made available for trading next. Bitcoin Cash (BCH), Ethereum Classic (ETC), and Ripple’s XRP are three possible contenders being tossed about by the community.

Editor’s note: At press time, the Buy and Sell buttons seem to have disappeared from the platform. Since the service is only available in the United States, it is likely that it is only available when the US market is open. Live Bitcoin News has reached out to Yahoo! Finance for confirmation of this and will provide additional details as we receive them.

What do you think about being able to buy and sell cryptocurrencies through Yahoo! Finance? How will it affect cryptocurrency adoption and the wider crypto market? Let us know in the comments below.


Images courtesy of ShutterStock, Twitter

The post Yahoo! Finance Debuts Bitcoin, Ethereum, Litecoin Trading appeared first on Live Bitcoin News.

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Microsoft and Blockchain Technology Could Put an End to Spam Calls in India

Microsoft and Tech Mahindra have reportedly partnered up to stop annoying spam calls with the help of blockchain technology.


There are few things as irritating as receiving spam. You can simply trash it if it’s an email or even regular mail. However, phone calls are different. You could be at work, watching a movie, or just enjoying your life when you’re suddenly confronted by the incessant ringing of annoyance.

This might be a thing of the past if you’re living in India. According to The Next Web, one of the country’s leading IT solutions provider, Tech Mahindra, will be collaborating with Microsoft to try and prevent these spam calls in the country.

A Combination of Blockchain and Cloud-Based Technology

A Combination of Blockchain and Cloud-Based Technology

Even though specific details are not available yet, reports state that both cloud- and blockchain-based technology will be used. In addition, the new project will be built on the Microsoft Azure Platform.

The National Technology Officer of Microsoft India, Prashant Shukla, explained:

The intersection of Cloud and Blockchain will ensure a new way of monitoring and enforcing compliance throughout the ecosystem. With a Microsoft Azure Blockchain-powered solution, we will ensure that we mitigate loopholes used by fraudsters and spammers to reach end users.

A key part of the initiative is ensuring that user consent, or lack thereof, is recognized. The plan is for this transparency to be available to all stakeholders in one place. Users will be able to customize their marketing preferences which will then be made available to parties such as telecom operators, legal authorities, telemarketers and the users themselves.

A statement from Tech Mahindra explained:

…[The] solution will be a shared, secured ledger of UCCs [unsolicited commercial communication] distributed across a network of computers. [This] will ensure a transparent and verifiable system to help companies mitigate UCC on their networks.

Unsolicited Calls Can Be Expensive for Operators

Unsolicited Calls Can Be Expensive for Operators

India has been hard at work combating this issue. The Telecom Regulatory Authority of India previously requested that operators use blockchain technology to record which telemarketers have access to phone number databases as well to record permission given by the public to receive these calls.

This type of record-keeping is essential, especially if users change their mind and decide that they don’t want to be contacted. There’s nothing worse than telling a marketer not to call you only to have them call you back a few days later.

In addition, having all of this information documented will ensure that companies that do not adhere to regulations will suffer the consequences, in this case, a fine of over $7,000.

Do you think that blockchain technology will make a difference in decreasing the number of spam calls in India? Let us know in the comments below!


Images courtesy of Shutterstock

The post Microsoft and Blockchain Technology Could Put an End to Spam Calls in India appeared first on Live Bitcoin News.

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Lawmaker Advocates a Regulation-free ICO Sandbox for South Korea

Initial coin offerings remain a controversial vehicle in the eyes of regulators. South Korea wants to bring this industry to the forefront in a legitimate manner. Designating a special environment” for ICOs is an option being explored by lawmakers. Until approved, initial coin offerings remain prohibited in the country.


South Korea and ICOs

The South Korean government’s prohibition of ICO activity last September was a telling decision. It shows the uncertainties associated with this way of raising money cause too many concerns. South Korea is also one of the few countries to officially outlaw such activity at this stage. Despite the negative approach, the government is still looking for ways to legitimize coin offerings. Lawmakers are exploring new methods to achieve this goal in the near future.

A new proposal seeks to introduce a “special zone” for ICOs. Other countries around the world have taken a friendlier approach to this industry over the past few months. South Korea cannot afford to be left behind in this regard. Ever since the ban was put into effect, no real tangible process has been made to address this problem. Despite numerous meetings and seminars, a viable solution remains elusive.

Earlier this week, the National Assembly touched upon initial coin offerings again. Lawmaker Jong Buyung-guk has come up with a new proposal to address the situation. In his opinion. South Korea needs to follow Gibraltar’s approach to coin offerings. A regulation-free blockchain and cryptocurrency special zone can offer many benefits. It allows for experimentation without exposing investors to most risks associated with this manner of raising funds.

Industry Continues to Grow Despite Opposition

On a global scale, initial coin offerings continue to grow in popularity. Companies continue to raise millions of dollars without suffering from these regulatory developments.  As South Korea is not a part of this industry, a lot of potential capital is not entering the local economy right now. That can become a big concern as more time progresses. Jung is aware of this trend and adds:

We are planning to invite officials from government agencies and task forces related to blockchain and virtual currencies to the National Assembly in October to hold the global conference and issue a minimum declaration for ICOs. We hope that the declaration serve as a guide for countries in writing an ICO guideline that fits with their own political and economic situations.

How government officials will address ICOs in South Korea, remains unclear. A regulation-free sandbox environment makes sense on paper. It will mainly depend on how other policymakers view the industry, as well as its risks and drawbacks. Carefully evaluation the situation remains advised at this stage. Even so, ignoring this growing industry is a luxury no government can afford at this stage.

Do you think that South Korea will reverse its ban on ICOs? Why or Why not? Tell us in the comments below.


Images courtesy of Shutterstock

The post Lawmaker Advocates a Regulation-free ICO Sandbox for South Korea appeared first on Live Bitcoin News.

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SophiaTX Kicks off Debut Roadshow in Singapore and Malaysia – Business Redefined 2018

KUALA LUMPUR, 30 August 2018 – SophiaTX, an emerging blockchain platform and marketplace which extends and combines traditional applications, such as ERP, SCM, CRM, with robust, collaborative and decentralized blockchain solutions, will host its premiere event – BUSINESS REDEFINED 2018 on September 25 at Suntec City, Singapore and September 27 at Connexion, Bangsar South, Malaysia.


CEO of SophiaTX, Jaroslav Kacina, said: “Singapore and Malaysia are two emerging markets that have been on our radar since we’ve incepted SophiaTX. Adoption of the distributed ledger technology has gained steady momentum across both nations as businesses and governments alike come to realize its vast potential to transform industries.”

“With a common goal to push forward nationwide adoption of blockchain, we believe SophiaTX will not only pave the way to a decentralized future which mobilizes a wide array of cases and applications, but also develop an ecosystem where businesses are empowered by the potential of blockchain in these key ASEAN markets,” he added.

BUSINESS REDEFINED 2018 brings together forward-thinking business leaders and blockchain enthusiasts in South East Asia to bridge the gap between business and disruptive blockchain technology for greater trust, transparency, and a higher level of collaboration.

“At the end of the day, our mission is to reimagine and reshape business models through the adoption of scalable enterprise-grade blockchain solutions that spur privacy protection and business efficiencies in this region and beyond,” said Kacina.

The limited-space event will cover trends and the future of blockchain technology; featuring real-world opportunities and applications of blockchain technology to disrupt the world of business.

To register and get more information on BUSINESS REDEFINED 2018, visit https://business-redefined.sophiatx.com.

About SophiaTX

SophiaTX is a blockchain platform and marketplace tailored for extending traditional applications like ERP, SCM, CRM, and many others with its robust collaborative and decentralized blockchain capabilities. It is based on a high-speed, secure, and business suitable blockchain protocol and contains open integration API’s to SAP, smart devices, IoT, and other leading enterprise applications. For more information, please visit www.sophiatx.com.

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