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Protect Your Crypto There is no doubt that cryptocurrencies have firmly made their mark in society, and there is also no doubt that they are here to stay for a very long time. They have made such an impact on the world today and have revolutionized the way we pay for goods and services, as well as changing the way we conduct business. Cryptocurrencies have become a way to give power back to the people and reclaim their freedom and privacy from large corporations and banking institutions. Because these digital currencies have garnered so much hype and attention over the past years, it is important to keep them extremely safe and protect them from things like hackers or from being lost, in fact, your cryptocurrencies should have the same level of care and respect as your other valuables. In this article, we will go over some of the ways that you can keep your cryptocurrencies safe from any potential threats, as well as increase the level of security. Two-Factor Authentica...

Cryptocurrency and blockchain technology exploded onto the scene in 2017, and this growth looks to continue in 2018 and beyond. While the technology and its potential are exciting, the industry is also full of confusing and hard-to-follow terms. In an effort to help you understand more about the world of cryptocurrency, we have decided to come up with a guide to cryptocurrency terminology. Address Your cryptocurrency address is a code generated when a new wallet is created that is used to send and receive coins. It is generally a long string of numbers and letters and is necessary to provide during transactions. Airdrop No, you don’t need to watch your head with this airdrop, but you should watch your crypto wallets. An airdrop is basically free coins for certain individuals. Airdrops are commonly done by startups, but established companies or platforms can do them as well. They are often done to either reward certain coin holders for loyalty, or to gain notoriety for a...

The Verge  has a recent article that could send shivers down the spine of anyone who invests in digital currency. An online storage site for cryptocurrency was attacked by a hacker, and over $1 million worth of Bitcoins were stolen. An ominous headline accompanying the article reads, “Users Very Unlikely to Ever See Their Money Again.” This isn't the first time something like this has happened, and—let's be realistic—it's not likely to be the last. We aren't telling you this as an attempt to sound a death knell for cryptocurrency in general, but we are holding it up as an example that electronic financial tools are vulnerable if they aren't adequately protected. Two aspects of cryptocurrency that are pushed by its advocates to potential investors can also make it more susceptible to hacking, as recently discussed in  Bitcoin Magazine . 1. It's not linked or connected to any bank or government—which also makes it devoid of protection. As of yet, there's ...

Many projects or apps that are on top of a blockchain usually generate funding through Initial Coin Offering (ICO). ICOs have become common to cryptocurrency startup firms since this fundraising process is considered to be one of the most efficient and easiest ways. ICOs move away from the rigorous and regulated capital-raising procedures required by venture capitalists or banks. Hence, many projects have gone on to follow this trail. However, not all projects can be funded by an ICO. Many other factors must be considered for an ICO. One of which is whether or not a new token/utility coin is really necessary for the project. If you are a technopreneur, and do not want to run an ICO, there is an alternative way to fund your idea–NEM’s Community Fund. The Community Fund was set up to promote the development of the NEM ecosystem by funding NEM startup companies to help jumpstart their businesses. It is also an avenue for the NEM blockchain to develop more real-world use cases t...

By ripple. Today, after two years of work, the Federal Reserve released its  Faster Payments Task Force’s  action plan for bringing faster payments to the United States, highlighting Ripple’s ability to underpin the next generation of cross-border payments. Set up in 2015 after the Fed recognized the need to spur improvements in payments, the Task Force brought together a diverse group of 320 stakeholders – including banks, regulators, end users and technology companies – to  create a roadmap  for modernizing the U.S. payments infrastructure. Fed Faster Payments Task Force gives Ripple vote of confidence for next gen. of #globalpayments TWEET THIS Ripple played a leading role in establishing this future vision for payments. Early in the process, I was elected to serve on the  Steering Committee  to represent tech companies and provide expertise on emerging technology and blockchain. One of the Task Force’s first achievements was to  est...

What is a Ripple gateway? “Ripple Gateways are businesses that provide a way for money and other forms of value to move in and out of the Ripple network. Gateways can be banks, money service businesses, currency exchanges, or any other financial institution.” Some gateways, like GateHub, feature a dedicated Ripple client. What is the XRP Ledger? It is a public distributed list of all existing Ripple accounts. The balances and settings of all existing Ripple accounts are listed on every newly created public ledger. A new ledger is created by consensus approximately every 3 seconds which means that transactions on the XRP Ledger are, in general, executed in that timeframe. What is a Ripple wallet? A Ripple wallet (sometimes also called a Ripple address or Ripple account) is a public address on the XRP Ledger. Once created, an account exists in the XRP Ledger’s data forever. What is a Ripple client? A Ripple client is software that allows interaction with the Ripple ne...

Formerly  Bitcoin  (BTC)-only exchange  itBit  has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14. In addition to BTC trading, the platform will now be offering trading and custody services for  Bitcoin Cash  (BCH),  Ethereum  (ETH),  Litecoin  (LTC), and  Stellar  (XLM). ItBit is the 31st largest crypto exchange in the world by 24-hour trading volume, according to data from  CoinMarketCap , seeing about $54.2 mln in trades on the day to press time. The newly added crypto assets will have custody, escrow and over-the-counter (OTC) services available immediately. The press release notes that itBit is the “first NYDFS-approved Trust company to offer trading and custody services for crypto assets,” and the first to receive Department of Financial Services (DFS) approval ...

Fintech Ltd (creators of the popular Interstellar wallet and decentralized exchange), and Cowrie Integrated Systems Limited (a Nigerian based fiat to crypto gateway), today announce a new streamlined Naira to Crypto trading experience. Cowrie Integrated Systems Limited is an NCC (Nigerian Communications Commission) licensed VAS (Value Added Service) provider. Cowrie launched NGNT earlier in the first quarter of 2018 as an asset backed digital token built on the Stellar decentralized exchange. The NGNT Stellar token is pegged to the Nigerian Naira (NGN) on a 1:1 ratio and it digitizes the Naira giving it the benefits of a decentralized token and traditional fiat.                                 Fintech Limited launched Interstellar in the last quarter of 2017 as a one-stop secure crypto wallet and decentralized exchange. Amongst other features, Interstellar enabled users to securely deposit, wi...