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PR: Ethershift Launches Token Sale with Rockstar Advisors Mate Tokay and John McAfee

November 5, 2018 |

Ethershift Launches Token Sale with Rockstar Advisors Mate Tokay and John McAfee

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

Ethershift.co is an ERC20 crypto currency exchange that provides the near instant conversion of 70+ crypto assets. Ethershift has no accounts and let’s customers trade without collecting any personal information.

After launching the exchange in May, the team at Ethershift has been hard at work in preparation for their token sale, which begins November 5th, as well as adding a long list of renowned advisors.

The Ethershift token (ESH) is an ERC20 that represents 50% of all fees collected by Ethershift. Each quarter that 50% is airdropped to ESH holders.

Ethershift added 5 new advisors to their team this month including:

John McAfee – Digital security pioneer who founded the global computer security software McAfee Antivirus. Renowned blockchain advocate and tech advisor.

Mate Tokay – Cofounder and COO of the highest visited crypto sites, successful entrepreneur, and blockchain project advisor.

Simon Cocking – Senior Editor at Irish Tech News, Editor in Chief at CryptoCoinNews, and #1 rated advisor on ICObench.

Daniel Abela – Co-founder of ClearPoll and Clearify blockchain projects, and creator of CryptoRater.

Edward Mandel – CEO of BQT, as well as an Ernst and Young Entrepreneur of the Year Finalist, Blockchain Enthusiast and visionary behind many successful organizations.

Ethershifts ICO main sale begins November 5th.

You can find out more information on Ethershift and their advisors at:

Supporting Link
ico.ethershift.co

Contact Email Address
contact@ethershift.co

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

The post PR: Ethershift Launches Token Sale with Rockstar Advisors Mate Tokay and John McAfee appeared first on Bitcoin News.

Bitcoin News

Venezuela Begins Public Sale of National Cryptocurrency Petro

October 31, 2018 |

The Venezuelan government has opened up an exchange desk for the country’s national cryptocurrency at the headquarters of the Superintendency of Cryptoassets. According to the government, investors can now purchase the petro with a number of fiat currencies and cryptocurrencies. Delegates from China have reportedly purchased some with yuan.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Venezuela Starts Selling Petro

Venezuela Begins Public Sale of National Cryptocurrency PetroOn Monday, the Venezuelan government announced that the public can now purchase the country’s national cryptocurrency directly from the Superintendency of Cryptoassets and Related Activities (Sunacrip). Sunacrip is in charge of regulating all crypto-related activities in Venezuela.

The petro was originally backed by only oil. However, its latest whitepaper shows that the digital currency is now also backed by gold, iron, and diamond. The Venezuelan government-backed newspaper Correo del Orinoco wrote:

This Monday the sale of el petro cryptocurrency is successfully launched for all Venezuelans and those who want to make financial transactions digitally through this mechanism.

Venezuela Begins Public Sale of National Cryptocurrency Petro
Tareck El Aissami.

Venezuela’s vice president of the economy, Tareck El Aissami, explained that the petro can currently be acquired with a number of foreign currencies and cryptocurrencies. Accepted fiat currencies include the dollar, yuan, and the euro, he elaborated, adding that accepted cryptocurrencies include BTC, ETH, and XEM.

Buyers can visit the Sunacrip headquarters to purchase the petro with cash. Purchasing with cryptocurrencies can also be done on the petro’s official website, El Aissami noted.

A number of Venezuelan government officials turned up to purchase the petro on Monday. Each was issued a petro certificate at the time of purchase. “Superintendent Joselit Ramírez described the day as a success,” El Aissami tweeted. Ramírez replaced Carlos Vargas as Venezuela’s Superintendent of Cryptoassets in June.

Venezuela Begins Public Sale of National Cryptocurrency Petro
Venezuela’s Minister of Agriculture holding a petro certificate at Sunacrip’s headquarters.

Google Suspends Petro Wallet App

At the time of this writing, the links to download petro wallets for Windows and Linux on the official petro website lead to pages that are “not found” on the website’s server. Only user and install guides are available.

Previously, there was also a petro wallet app on the Google Play store which showed over 5,000 installs and 275 reviews. However, El Aissami explained that “on Oct. 15, Google suspended the wallet,” claiming that the internet giant is checking the wallet’s crypto functionality before reactivating it, Que Pasa publication reported. At the time of this writing, the petro wallet app is no longer listed on the Google Play store.

Venezuela Begins Public Sale of National Cryptocurrency Petro
The petro wallet app page that used to be on Google Play.

Additionally, the Venezuelan government’s own block explorer for the petro currently shows a total of 304 blocks despite the whitepaper describing a blocktime of one block per minute.

More Petro Options Coming Nov. 5

Venezuela Begins Public Sale of National Cryptocurrency Petro
El Aissami showing three petro options.

The public sale of the petro was scheduled for Nov. 5. However, Ramirez explained that the launch was moved forward due to “the fluidity with which events developed and the support of President Nicolás Maduro,” El Universal quoted him.

On Thursday, El Aissami unveiled two more petro options which will be enabled on the Sunacrip website on Nov. 5: Petro Pago (pay) and Petro Ahorro (savings). Noting that he has been meeting with representatives of savings banks to discuss starting petro savings plans, he clarified:

We are in the purchasing stage [of the petro]. Next week will be the savings stage.

Chinese Delegates Bought Petro

Venezuela Begins Public Sale of National Cryptocurrency Petro
A Chinese delegate holding a petro certificate.

Venezuela’s Vice President Delcy Rodríguez has been strengthening ties with China through the Chinese Development Bank as part of the Economic Recovery Program developed by Maduro, according to Correo del Orinoco.

“The delegation from the China Development Research Center attended the initial sale of el petro cryptocurrency and as a sign of confidence several of its members bought the Venezuelan digital currency” with yuan, the publication detailed. Rodríguez tweeted:

Thanks to our brothers from the People’s Republic of China … the first in line to buy petros in yuan.

What do you think of Venezuela’s various petro-related announcements? Let us know in the comments section below.


Images courtesy of Shutterstock, Twitter, Correo del Orinoco, and the Venezuelan government.


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The post Venezuela Begins Public Sale of National Cryptocurrency Petro appeared first on Bitcoin News.

Bitcoin News

CNN

An entire town in New Zealand is for sale

October 30, 2018 |

Some people buy houses. Some people buy apartments.
CNN.com – RSS Channel – World

Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs

October 29, 2018 |

In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $ 22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia.

Also Read: The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book

UK Minister Reaps Windfall
After Ironx Resignation

Exchanges Roundup: Ironx Raises $  22.3M in Private Sale, IDCM to Target STOsIronx, a cryptocurrency exchange that Cyprus-based Ironfx plans to launch in December, sold 67.6 million IRX tokens after raising $ 22.3 million during its recent private sale. The tokens were sold for just shy of $ 0.33 each.

Stephen Hammond, a former vice chairman of the U.K. Conservative Party and current member of the U.K. Treasury Committee, recently resigned from Ironx after working for the company for just four days. Based on the pricing for the planned exchange’s private sale, the 50,000 IRX tokens that Hammond received as remuneration would be valued at approximately $ 16,500.

Ironfx will open the Ironx exchange in partnership with Emurgohk Group, the Hong Kong-based company behind Cardano. ADA will be the base currency on Ironx.

IDCM Reveals Plan to Become
‘Cryptocurrency Investment Bank’

Exchanges Roundup: Ironx Raises $  22.3M in Private Sale, IDCM to Target STOsAndrew Wong, a managing partner at International Digital Currency Markets, recently spoke to the South China Morning Post about the company’s long-term plans, which include becoming a full-fledged crypto investment bank.

“Part of that process would be to provide a solution for a security token offering, where a pool of investors is screened and cleared to invest,” Wong said.

Estonian Licenses Attract Exchanges

Exchanges Roundup: Ironx Raises $  22.3M in Private Sale, IDCM to Target STOsEstonia’s licenses for exchange and wallet service providers are continuing to attract virtual currency companies, with cryptocurrency exchange XRP United launching operations in the country last week. The exchange uses XRP as its base currency and presently supports BCH/XRP, ETH/XRP, and BTC/XRP. It also intends to support XMR/XRP once a Monero wallet has been implemented on its platform.

Crowdwiz is another company that has recently secured a license to provide wallet and exchange services in Estonia. It currently aims to launch a beta product for its Wizexchange before 2019.

Do you think more and more exchanges will use cryptocurrencies other than BTC as a base currency? Share your thoughts in the comments section below!


Images courtesy of Shutterstock, stephenhammond.net


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The post Exchanges Roundup: Ironx Raises $ 22.3M in Private Sale, IDCM to Target STOs appeared first on Bitcoin News.

Bitcoin News

Endeavor Energy Resources Explores Potential Sale

October 24, 2018 |

Endeavor Energy Resources is exploring a sale that could value the big private Texas oil fracker at more than $ 10 billion.
WSJ.com: US Business

Sale Is Still On for Banksy Painting That Self-Destructed

October 11, 2018 |

The winning bidder for a Banksy painting that self-destructed during an auction last week has decided to go through with the purchase, auctioneer Sotheby’s said Thursday. The auction house said a female European collector was the successful bidder, agreeing to pay $ 1.4 million for “Girl With Balloon.” But just…
Newser

CNN

Going, going, gone: Banksy art shreds itself after $1.4M sale

October 7, 2018 |

For an artist that’s known for his stunts, this could be Banksy’s most perfect art world prank.
CNN.com – RSS Channel – World

‘Going, Going, Gone…’: Banksy Artwork Shreds Itself After Sale

October 7, 2018 |

Banksy, the anonymous British street artist famous for his political spoofs, pulled a £1 million prank on a buyer of one of his works.
WSJ.com: What’s News Europe

Sotheby’s After $1.1M Sale: ‘We’ve Just Been Banksy’ed’

October 6, 2018 |

Newsweek is saying it could be Banksy’s “most jaw-dropping trick yet,” and it would be hard to find anyone who disagrees. It happened Friday night at a Sotheby’s auction in London, when the enigmatic street artist’s 2006 Girl With Balloon painting was sold off for $ 1.1 million to a…
Newser

TMZ

George H.W. Bush’s Letter About Hating Al Gore For Sale At Over $10k

October 2, 2018 |

We all know the 2000 presidential election between George W. Bush and Al Gore was contentious, but few knew how Dubya’s dad really felt about his opponent … until now. Moments in Time is selling a letter the ex-POTUS wrote to his friend and former…

TMZ.com