XRP Wallets You need 20 XRP to activate a XRP wallet. Fees can be changed by the validators through the voting process. The reserve requirement protects the XRP Ledger from spam or malicious usage.
When you are sending XRP to an exchange, destination tag is very important. Destination tag is not needed when you transfer XRP to your own wallet address.
● XUMM by XRPL Labs | Developers XUMM is a free app (iOS and Android) that makes sending, receiving and interacting with the XRP ledger easy & secure.
Tools Check XRP wallet balance - Bithomp | Graph | Transactions Print raw information about an account, a transaction or a ledger - RPC Tool
Exchanges The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC. Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR. You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
Crypto News Recap: Cryptocurrencies are mixed as prominent crypto analyst Tom Lee says Ethereum has bottomed out and is set for a trend reversal
Crypto News
According to the head of research at Fundstrat, Tom Lee, Ethereum is on the verge of a trend reversal that will see the altcoin rally up to USD$1,900 per token by the end of 2019. Tom Lee discussed in a note to clients of Fundstrat that Ethereum has experienced “overly negative” sentiment in 2018 and that will serve as a basis for its strong rebound to come. At the time of this writing, Ethereum is trading at USD$225 per token.
An analysis conducted by blockchain data analyst, Antoine Le Calvez, reveals that an early miner of Bitcoin has managed to sell approximately 30,000 Bitcoin between December 2016 and January 2018. Calvez cites that this individual is likely one of the earliest miners of Bitcoin.
Austria will issue 1.15 billion euros worth of government bonds in a federal bond auction that will utilize blockchain notarization. Overseeing the auction will be Austria’s Oesterreichische Kontrollbank (OeKB), who will leverage the public Ethereum blockchain to carry out the blockchain notarization.
Chine city Nanjing’s arbitration body, the Nanjing Arbitration Committee, announced Thursday that its online blockchain platform for depositing and storing data in legal disputes has gone live for its testing phase. Users that can be upload data to the online blockchain platform includes evidence deposition platforms, financial institutions, and other arbitration committees. The system will allow parties to view digital evidence simultaneously over a tamper proof and distributed network.
Despite China’s blanket ban on cryptocurrency trading and initial coin offerings (ICO), Chinese investors still have an easy time purchasing cryptos and ICOs. According to a report by Bitcoinist, Chinese investors can easily buy mainstream cryptocurrencies like Bitcoin by logging into a platform for over-the-counter transactions and using apps like WeChat or Alipay to pay. Chinese investors can also convert their fiat currency to stablecoin Tether by leveraging direct peer-to-peer transactions, which can then be used to buy cryptocurrencies.
Swiss-based asset management firm, Tiberius Group AG, has announced that it will introduce a cryptocurrency backed by precious metals. Tiberius Group plans to issue their Tiberius Coin that will trade on a blockchain ledger and be tied to the price of copper, aluminum, nickel, cobalt, tin, gold, and platinum. CEO Giuseppe Rapallo said the Tiberius Coin will likely be offered at around USD$0.70 per token. The Tiberius Coin will be issued on LATOKEN, an Estonian exchange that meets “necessary regulatory standards.”
The world’s first advanced blockchain identity laboratory and Europe’s first dedicated blockchain research facility launched in Eidinburgh, the capital of Scotland. Called the Blockpass Identity Lab, the blockchain research facility will focus on exploring ways blockchain technology can be implemented to protect personal data online. The blockchain research laboratory is part of a £600,000 joint venture between Hong Kong-based Blockpass IDN and Scottish University, Edinburgh Napier University.
The United Nation’s Capital Development Fund (UNCDF) and their Development Program (UNDP) are partnering with the nation of Sierra Leone and technology profit, Kiva, to develop and launch a blockchain-based identification system. The project aims to “modernize the credit bureau” with Sierra Leone being chosen because the country only has one credit bureau that serves just 2,000 people. 80% of Sierra Leone’s population is unbanked.
The United States Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have announced they are suing 1Broker, a Marshall Islands-based securities dealer who allegedly violated federal laws through a bitcoin security swap scheme. The SEC is claiming that 1Broker is not a registered security-based swaps dealer while they also failed to list its security-based swaps on a national exchange. Investors were only able to purchase this product with Bitcoin.
US based cryptocurrency exchange and wallet, Coinbase, has rolled out their new “Coinbase Bundles”, a product designed to simplify cryptocurrency trading. The Coinbase Bundle is a product that baskets five of the largest cryptocurrencies supported by Coinbase, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ethereum Classic. The Coinbase Bundle baskets these five cryptos in proportion with market capitalization with a minimum purchase size of USD$25.
Zebpay, once India’s largest cryptocurrency exchange, gave just a few hours notice in announcing that it would be halting all trading services today. In a tweet, Zebpay said that it would halt its exchange service while cancelling all unexecuted orders while crediting the funds to users’ wallets. Zebpay cited in a blog post that this decision comes in wake of the ban by India’s central bank that prohibits domestic banks from offering financial services to crypto exchanges.
XRP Wallets You need 20 XRP to activate an XRP wallet. Fees can be changed by the validators through the voting process. The reserve requirement protects the XRP Ledger from spam or malicious usage.
When you are sending XRP to an exchange, destination tag is very important. Destination tag is not needed when you transfer XRP to your own wallet address.
● XUMM by XRPL Labs | Developers XUMM is a free app (iOS and Android) that makes sending, receiving and interacting with the XRP ledger easy & secure.
Tools Check XRP wallet balance - Bithomp | Graph | Transactions Print raw information about an account, a transaction or a ledger - RPC Tool
Exchanges The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC. Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR. You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
Coinness 24-Hour News Roundup on August 6: Ukraine May Impose 5% Tax on Fiat Withdrawals from Crypto Exchange
[Policy] 1. Ukraine may impose a 5% tax on cryptocurrencies withdrawals from exchanges to fiat currencies. 2. Portions of SB300, which clarify the legal status of blockchain signatures and contracts were inserted as amendments into SB220, has now become law in Ohio. [Cryptocurrency] 1. Bitcoin hashrate sets a record high above 50 Ehash on August 4th. 2. The UAE exchange BitOasis now supports ETC. 3. The HSR mainnet will go live at block height 936,086. 4. EOS unveils $1 million seed funding program at Sydney hackathon. [Exchange] 1. Commission-free trading App Robinhood now supports ETC. 2. FCoin plans to repurchase 50M FTs through bulk trading platform with 0.0003 ETH for each FTs. 2. Upbit and Gopax are backed by South Korea’s largest bank and internet firm, Shinhan Bank and Kakao. 3. India's Crypto Exchange Zebpay has enabled Trueusd (TUSD) trading, deposit and withdrawal. 4. Binance supports YOYOW mainnet swap. [Others] 1. Goldman Sachs mulls over custody services for crypto funds. 2. Bitmain confirms a new crypto mining facility in Texas, which may start operations next year at the earliest. 3. Wall Street Journal released a study which shows organized crypto "trading groups" manipulated markets to make $825 Million in the first 6 months of 2018. 4. Japan's Virtual Currency Exchange Association (JVCEA) has applied for "certified fund settlement business association" from FSA. 5. Bob Goodlatte, the member of the House, has come forward that he holds somewhere between $17,000 and $80,000 worth of cryptocurrency.
Tax notices to cryptocurrency investors in india 2018 because trading hits 21,000Crore
Back in India, the Bitcoin picture is still unclear. While SEBI has made a remark over the Bitcoin regulation, the IT department is set to issue notices to over 500K Bitcoin traders across the country. * Trading on crypto exchanges cross 21,000Crore in India- official * Tax dept seeks payment of tax on capital gains * Govt may introduce a bill to regulate crypto currencies — Source * Govt likens cryptocurrencies to ‘Ponzi schemes’, warns investors By Rupam Jain and Manoj Kumar NEW DELHI, Jan 19 (Reuters) — India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said. Tech-savvy young investors, real estate players and jewellers are among those invested in bitcoin and other virtual currencies, tax officials told Reuters after gathering data from nine exchanges in Mumbai, Delhi, Bengaluru, Pune and Surat. Collecting over 2 Mn Bitcoin traders’ details from exchanges, the IT department in India is set to issue notices to around 400K-500K HNIs(high net worth individuals) for trading Bitcoins in significant numbers without paying any tax over the gains. Governments around the world are grappling with how to regulate cryptocurrency trading, and policymakers are expected to discuss the matter at a G20 summit in Argentina in March. The Indian government has issued repeated warnings against digital currency investments, saying these were like “Ponzi schemes” that offer unusually high returns to early investors. it has not so far imposed curbs on an industry estimated to be adding 200,000 users in India every month. B.R. Balakrishnan, a director general of investigations at the income tax department in the southern state of Karnataka, said notices were sent following the survey to assess the penetration and patterns of virtual currency trade. “We cannot turn a blind eye. It would have been disastrous to wait until the final verdict was out on its legality,” he told Reuters. The tax department has asked people dealing in bitcoin and other virtual currencies such as ethereum and ripple to pay tax on capital gains. They have also asked for details about their total holdings and the source of funds in the tax notice seen by Reuters. “We found that investors were not reflecting it on their tax returns and in many cases, the investment was not accounted for,” Balakrishnan said. Bitcoin, the world’s biggest cryptocurrency, soared more than 1,700 percent last year, hitting a record high just shy of $20,000 as institutional and retail investors around the world snapped up the virtual currency. Its huge gains have attracted the attention of global regulators tasked with protecting investors from fraud. In recent weeks, Japan and China have made noises about a regulatory crackdown, while South Korean policymakers said they were considering shutting down domestic virtual currency exchanges. REGULATION An Indian finance ministry official said a federal committee was looking into the possibility of imposing restrictions on virtual currencies and that eventually parliament would have to legislate a regulatory regime. Officials at Zebpay, India’s leading bitcoin exchange, said the industry was adding near 200,000 users every month with an estimated trade volume of about 20 billion Indian rupees ($315 million). “Many of our customers are treating digital currency like gold,” said Zebpay co-founder Saurabh Agarwal. Aman Kalra, marketing head of Coinsecure, a bitcoin exchange in New Delhi, said more than 150 bitcoins were changing hands every week through its platform. The company has 100,000 registered users and is now launching a platform to sell ethereum and other digital currencies. “I don’t think anyone in the government or Govt. official in india should label our business as a ‘Ponzi scheme’, we are not doing anything illegal,” said Ronak (WhiteMoney Exchange). Surat, Jan17, Bitcoin wallet firm WhiteMoney today said it has crossed Rs 40crore turnover within 3 months of operations as more Indians are going for the digital currency. “In only 3 months, the company has crossed 50 crore turnover” WhiteMoney said in a statement. Bitcoins are digital money and their value is determined on the basis of their demand and supply. The digtal money is limited in numbers. Only 21 million Bitcoins can be generated globally and they can be traded even in fractions, up to eight decimals. Last bitcoin will be generated in 2140 but 99 per cent would be already there by 2040. Tax inspectors said they sought help from experts in blockchain, the technology that underpins bitcoin, to conduct the survey. In some cases, tax officials themselves participated in the trade to identify loopholes after they found investors had poured in billions of dollars through unregulated exchanges. The biggest worry for New Delhi, the finance ministry official said, was how to protect investors trading on offshore exchanges. Already hundreds of investors have gone to the police and courts with complaints of transactions in virtual currencies that turned out to be fraudulent, said Pavan Duggal, a Supreme Court lawyer specialising in cybercrimes. “Considering cryptocurrencies are here to stay, the government must consider granting limited legality while ensuring that these are not used for crypto crimes,” he said. ($1 = 63.7625 Indian rupees)
FORGET THE WEDDING REGISTRY – THIS BRIDE- AND GROOM-TO-BE ONLY WANT BITCOIN
When Prashant Sharma and Niti Shree met four years ago, the price of Bitcoin was less than $300 per coin. Bonding over a shared love of start-ups and new technologies, the couple’s romance blossomed and their love, like the digital currency, has been growing ever since. They are getting married today, and, in true crypto-enthusiast fashion, have requested Bitcoin – and only Bitcoin – as wedding gifts. Prashant Sharma and Niti Shree, both 28, have decided to buck tradition and have requested that their friends and family gift them with the popular cryptocurrency instead the of flowers, dinner sets, linens, and other items that make up the flotsam and jetsam of newlywed life. They even contacted Indian cryptocurrency exchange Zebpay, who are helping them set up a “Bitcoin booth”, complete with staff standing by to walk guests through the process of buying and sending bitcoin. With the price of Bitcoin reaching one new all-time high after another this week, and likely continuing to climb next week as the new roll-out of Bitcoin futures trading in the US thrusts the digital currency firmly into the mainstream spotlight, a gift of bitcoin tomorrow could well be worth much more a few months or a year from now. But lest readers think that Sharma and Shree are hoping to get rich on the backs of their family and friends, the couple has stated that they plan to use the gifts “for the education and uplift of underprivileged kids and other CSR activities.” AH… CRYPTO LOVE To those that know the couple well, their decision makes perfect sense. Sharma and Shree, co-founders of Offrd, a specialized hiring platform for non-tech jobs, are avid cryptocurrency enthusiasts. In an interview with Quartz India, Sharma recounted how they came up with the idea. As he was mulling over the wedding checklist, he started thinking about the wedding gifts and how he didn’t want a bunch of ‘stuff’ that they would likely never use just lying around the house. Then, inspiration struck: Suddenly this idea struck me. What if I bring a dash of technology in the conventional marriage set-up and accept bitcoin as gifts? After talking it over with his bride-to-be, the decision was made. But it was about more than just being different. Shree explained: When we decided to get married, we decided we wanted to promote the technology we like. And since not everyone is familiar with bitcoins, we had the details of how to go about it on our wedding invites. The wedding gifts aren’t the only part of the wedding getting the crypto treatment, either. In addition to the couple’s request, the wedding decor will include orange and yellow flowers as well as amusing one-liners and anecdotes about Bitcoin. Fancy a drink at the bar? They even have crypto-themed drinks – Ethereum, Monero, Ripple, and Litecoin – just for the occasion. Do you think the couple’s request for Bitcoin-only gifts was rude or unusual? If you had your choice of gifts, would you choose Bitcoin? Let us know in the comments below.
In order to start you first need a Bitcoin wallet Bitcoin wallet Zebpay This is the best wallet to Exchange your Bitcoin for INR You can trade bitcoins for cash through your bank account https://www.zebpay.com/?utm_campaign=app_refferal_ref%2Fref%2FREF57588046&utm_medium=app&utm_source=zebpay_app_refferal There are 3 best ways to earn bitcoins through Websites You are paid by the websites in satoshi in your coin pot or Facet Hub Websites and then you can transfer to your Zebpay Independent websites Coin pot
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India's Demonetization Is Causing Bitcoin To Surge Inside The Country
This is an automatic summary, original reduced by 72%.
Since the early days of demonetization, bitcoin prices in India have been hovering in an upper range of $866 to $896 a piece; in a mere 18 days after the demonetization speech of Prime Minister Narendra Modi, the price of bitcoins on Zebpay, which claims to have over 130,000 users, had surged from $757 to $1,020, whereas in the U.S., bitcoins are trending at $770 apiece, marking a clear premium on the Indian bitcoin exchanges. In the past month, out of about 20 bitcoin startups, the country's three funded bitcoin trading platforms - ZebPay, Unocoin, and Coinsecure - have registered a surge in new users willing to experiment with the crypto currency as an alternative asset class. In India, only a few companies accept bitcoin payments, and that too as indirect transactions made through the exchanges. The Ahmedabad-based bitcoin wallet and exchange has added 50,000 new users in November, higher than its typical monthly average of 20,000 new users. The Indian government's resolve to work on bitcoin and the blockchain framework before 2018, along with the growing awareness of bitcoin in the world's second most populated country could push it to a tipping point. As merchants have started accepting bitcoin payments since the asset can be liquidated with a small transaction fee of 1%, bitcoin has emerged as an investment alternative that is affordable and efficient.
EXPOSED: The unrestricted online bazaar of bitcoins that helps dispose illicit wealth
A shorter version (reduced by 80.0%) can be found on IndiaSpeaks. This is an extended summary, original article can be found here
Extended Summary:
EXPOSED: The unrestricted online bazaar of bitcoins that helps dispose illicit wealth. Cons are posing an invisible cyber threat to the nation's onslaught on black money, pedaling a risk-laden digital currency to tax thieves looking for safe hideouts for their illicit wealth, an India Today investigation has found. Also known as crypto-currency, this digital money can be traded to buy and sell merchandise and services. India Today's undercover reporters have dredged up shady brokers of this Internet laundering network operating in the country. "It will be done through Zebpay at a 20 percent premium. "If you want 1,000, you will get them. The RBI has already warned traders of virtual currencies against legal and financial risks. Rahul, another bitcoin broker in Delhi, was heard speaking with another middleman to inquire about India Today's undercover reporter's fictitious investment in digital currency. You get the payment delivered there. No one would know about it. As queries from the country grew, the prices surged, rendering bitcoins eight per cent costlier than in the US. The electronic coin that trades and is regulated like oil and gold surged 79% since the start of 2016 to $778, its highest level since early 2014, data shows. "I can get your work done at one go. he said. "Your money will then be safe and secure," Sarkar claimed.
If you have friends who are spread across different continents and countries and you want to cheer them up, you can send magic moments to them via Zebpay Zebpay’s official name is Zeb IT Services Pvt Ltd., and their office is located at B-403, The Capital, BKC, Bandra (E), Mumbai 400098, India. Account/Verification with Zebpay.com. To create an account with Zebpay.com, the user needs to have a local phone number from India to create an account. ZebPay was the first bitcoin exchange based in India and was the first to offer mobile apps as a trading platform. Started in 2012, the company grew to be one of the biggest providers of BTC, hand-in-hand with Unocoin and Coinbase since the mobile applications were designed to attract Indian investors to start trading the bitcoin. Zebpay is largely mobile-focused and offers an intuitive experience for mobile users. Lightning payments. You can make payments via the Bitcoin Lightning Network through Zebpay. No fee trading. Zebpay says it has no trading fees, although it also lists some fees. Zebpay Bitcoin News Cryptocurrency . Zebpay Bitcoin News . Apr 7, 2018 DTN Staff. twitter. pinterest. google plus. facebook. Indian Exchange Zebpay Adds Ethereum To Its Trading Platform Sees A 19% Jump ...
Zebpay Instant Deposit Zebpay Live Bitcoin Buying Zebpay Live Trading
In this Zebpay review we found that its easy to discover the key elements of where this exchange came from. This Bitcoin cyptocurrency trading exchange has been found out to be one of the best in ... Zebpay is India's first and biggest bitcoin exchange. It is a mobile app available on Android and iPhone. Zebpay is the fastest and easiest way to Buy and Sell Bitcoins in India. Koinex can be used to buy Bitcoins, Ether, Ripple, Litecoin through Ripple, but I am testing this site and will give review of it, in a week. Zebpay Trading Zebpay verification Zebpay bitcoin ... how to sell bitcoin how to send bitcoin through zebpay How to receive Bitcoin Through Zebpay ... Trading 101: How to Buy Stocks - Duration: 11:00. ClayTrader Recommended for you. #TechnicalBoli #ZebpayliveDeposit HI I am J.K Welcome to our channel Technical Boli Dosto aaj is video me aap ko me bataunga ki kaise zebpay me instant deposit or bitcoin buying kare. Umeed karta ...
