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Germany’s Social Democrats have voted to enter coalition talks with Chancellor Angela Merkel’s conservatives, a key step toward ending political gridlock and forming a new government. Delegates in Bonn voted 362 to 279 on Sunday in favor of opening the coalition talks, the AP reports. Once a coalition agreement is…
Crypto-focused social network Yours.org, which enables contributors to earn bitcoin cash for creating content, is poised to ramp up its operations after securing $ 1.5 million. The Series A funding, courtesy of mining specialists Bitmain and Nchain, will aid the site’s operators in their mission to educate the masses about cryptocurrency and use it in their daily lives.
Bitmain Directs a Fraction of Its Mining Profits Towards a Good Cause
Yours.org, the brainchild of prominent bitcoiner Ryan X Charles, has been one of the most successful sites to have adopted bitcoin cash since the decentralized currency was launched last summer. Elements of news blogs and social networks such as Steemit have been harnessed to create a clean and minimalist portal for sharing internet humor, fiction, art, and cryptocurrency news. The site has been flourishing, with strong weekly growth and an enthusiastic community who cherish the ability to monetize and reward strong content.
Long-time cryptocurrency enthusiasts can fondly recall the first purchase they made with crypto. In most cases, it will have been bitcoin, and, regardless of whether the transaction took place on the dark web or the clearnet, the sensation of experiencing P2P digital cash in action is transformative; life-affirming even. Yet many crypto newcomers, who got in during the digital gold rush of 2017, have yet to savor that feel. Many newbs know only what it is like to buy, hoard, and hodl. But it doesn’t need to be that way, just as it didn’t used to be that way.
Micropayments Made Easy
Bitcoin core has passed the point of being usable for micro-transactions – for now at least – but bitcoin cash is helping to fill that void. Announcing news of the funding that will help secure the site’s future, Yours.org CEO Ryan X Charles wrote:
Anyone anywhere can start earning money for the things they love to do. The potential to change the way social media works and to improve the quality of content on the internet is enormous.
Bitmain’s Jihan Wu also spoke fondly of Yours.org and the work it has done to date in making cryptocurrency spendable in small amounts on the web. The capital that Bitmain and Nchain have provided will help the San Francisco-based Yours.org recruit more engineers as it targets an aggressive growth strategy.
The site forms one of the best online use cases for spending bitcoin cash, which continues to go from strength to strength. This week Kucoin exchange launched bitcoin cash trading pairs. Users will now be able to trade KCS, ACT, DAT, XAS, UTK, and DENT using BCH. Coupled with stories such as the success of the Bitcoin Cash Tippr bot, they’re evidence that BCH is proving to be much more than just a store of value.
Do you think cryptocurrency should be usable for day to day transactions, or is it best as a store of wealth? Let us know in the comments section below.
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Keep track of the bitcoin exchange rate in real-time.
The post Social Network Yours.org Raises $ 1.5m to Introduce Cryptocurrency to the Masses appeared first on Bitcoin News.
If a performance artist did it, people might consider it a bold choice. On a robbery suspect, however, “bold” might not be the word. Police in Houston say 40-year-old Robert Wooten has his Social Security Number tattooed on his forehead, reports KPRC . The “why” is not clear, but the consequences…
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TrakInvest, a virtual social trading platform has been disrupting the financial services landscape across Asia since 2014. Headquarted in Singapore, with operations in India, Thailand and Hong Kong, TrakInvest, at its core, is about “Crowdsourcing of Financial Wisdom” and rewarding its participants in a decentralized economy, based on performance and insights. Backed by an experienced management team, TrakInvest provides Social Trading and Certification programs to its 100,000+ user community.
TrakInvest began as Bobby’s vision during his private equity days when he saw the existence of information asymmetry driven by the fact that the institutional investor had superior information and analytical tools at their disposal vis-a-vis the average retail investor. TrakInvest was built to empower the average retail investor with “crowdsourced” sentiment tools to create a level playing field removing the information asymmetry that has plagued them for so many years.
The platform which currently provides virtual equity trading will also be introducing a virtual trading platform for cryptocurrencies and the next generation AI sentiment tools that enable social listening to generate profitable equity trading signals and ideas. These proprietary tools will be developed using the social trading data and behaviour collected for the last three years. TrakInvest also plans to launch 250 ‘TrakInvest labs’ and ‘centres of excellence’ across universities in India, Thailand and Singapore over the next 18 months. This will not only promote investing as a life skill but also expose, train, and re-skill technical talent on blockchain and cryptocurrencies, as a way of giving back to the growing cryptocurrency community.
With the TRAK Token, TrakInvest will introduce a reward economy where the producers of trading data, insights and sentiments will be globally rewarded in a transparent and frictionless manner.
“The concept of social trading and the concept of cryptocurrency came together nicely because now we could actually set an incentivisation and a monetisation model not only for TrakInvest but also for its users” says Mr. Bobby Bhatia, Founder & CEO, TrakInvest
Bobby Bhatia has been an ex-private equity banker with 25 years of experience in J.P Morgan Asia, AIG Asia and O’Connor & Associates. The TRAK token will be made available through the Pre – ICO sale at a 23% discount which began on 16 December 2017. All details and whitepaper available on www.trakinvest.ai
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: The Future of Trading Is Here – Social Trading Platform Trak Invest appeared first on Bitcoin News.
Authorities say social media posts bolstered their investigation into a video of a shark being dragged behind a speeding boat in Florida.
Netflix is facing backlash on Twitter after the streaming service tweeted a note that seemed to share very detailed information about customers’ viewing habits, all while mocking them.
Germany moved a small step closer to a potential solution to its political crisis after the largest opposition party said it would enter talks with Chancellor Angela Merkel’s conservatives over forging a new government.
WSJ.com: What’s News Europe
A 14-year-old Missouri girl spotted giant antlers and pulled the trigger, thinking she had just nabbed a white-tailed buck, only to discover the animal was an elk — an innocent mistake that some social media users have bullied her about, her father said.
Wine has been used as a “social lubricant, mind-altering substance, and highly valued commodity” throughout the ages. Now, a discovery just south of Tbilisi details just how far back through the ages the beverage has existed, the BBC reports. Per a study in the Proceedings of the National Academy of…