Swedish fintech Safello continues its growth journey and announces that it has acquired Rational Money AB, the company behind Bitcoin.se, Sweden’s leading educational portal on cryptocurrencies.

For almost a decade, Bitcoin.se has played a vital role in informing and educating the Swedish public about topics related to cryptocurrencies and their surrounding ecosystem. Since 2012, the site has been the leading independent portal in Swedish for information, news and discussion about cryptocurrency, blockchain technology and economics.

In 2018, Bitcoin.se was introduced to the international audience with an English version. Behind the company is the founder David Hedqvist , one of Scandinavia’s foremost crypto evangelists, a Bitcoin enthusiast and board member of the Swedish Bitcoin Association. The journalistic integrity of Bitcoin.se will be safeguarded by David Hedqvist, who will remain as editor-in-chief and an active contributor.

“David has been a strong advocate for the Swedish cryptocurrency market. In the past, he led the court case that set the regulatory framework for cryptocurrencies on VAT for the EU, an effort Safello at the time sponsored. We are excited for David to continue his journey together with Safello,” said Frank Schuil , CEO of Safello.

The acquisition comes after a successful partnership period between Safello and Bitcoin.se, where the latter has used Safello’s Partner Widget product. Bitcoin.se contributed to trades generating a significant part of Safello’s turnover during the past six months.

In connection with the Bitcoin.se acquisition, Safello is expecting to see significant synergies that are likely to increase Safello’s profitability and create opportunities for new customer generation and continued growth.

“After 9 years as a one-man project I felt that Bitcoin.se deserved to be taken to the next level, but it was important to me that it was done in a way that didn’t compromise on its core values. My relation with Safello over the last few years has been one of mutual respect and I’m convinced that they are just the right company to take on the task,” said David Hedqvist, founder of Bitcoin.se and CEO of Rational Money AB.

Safello, backed by reputable investors, including Digital Currency Group (DCG) , Northzone and White Star Capital, is in full swing with its plans to be listed on the Nasdaq First North Growth Market during Q2 2021.

Recently, the company announced a strategic partnership with Klarna and a handful of key recruitments, including Johan Edin as Chief Financial Officer and Swedish crypto profile Gina Pari as Client Director.

Safello is an online cryptocurrency brokerage. Regulated as a financial institution with Finansinspektionen (Swedish FSA), Safello offers a secure way to buy and sell crypto, in seamless transactions at industry-leading speeds.

Partners integrate Safello’s brokerage solution to their web and mobile applications.

In 2015, Safello made international headlines, following a proof-of-concept partnership with Barclays, making it the world’s first crypto player to partner up with a major bank to explore cryptocurrencies. Operational since 2013 in Sweden, Safello is driving crypto adoption for users, with a safe, efficient and user-friendly platform.

Source StockHouse

Announced on January 11, CryptoBridge will include information videos, presentations, and materials to foster the expansion of the ecosystem.

— Cpt.Rektbeard 🇦🇹 (@CptRektbeard) January 10, 2021

In simple terms, RenVM, released in May 2020, is a network of virtual computers that powers interoperability for decentralized applications, enabling cross-chain lending, exchanging, and collateralization of digital assets. The machines are called Darknodes, which earn rewards for contributing computing resources and storage space.

The goal of the network is to enable the permissionless exchange of value between blockchains and bringing interoperability to the DeFi space. Tokens can be minted and wrapped using its RenBridge platform.

Its best-known product is renBTC, an ERC-20 token built on the Ethereum network and pegged to Bitcoin. According to btconethereum.com, there are currently 13,300 BTC tokenized via the protocol, worth an estimated $476 million at today’s prices. This represents 9% of the total of all wrapped Bitcoin.

The protocol has just recorded a milestone of $2 billion in volume processed over the past seven months.

— $REN (@Rentards) January 12, 2021

In a 2020 review report, it added that this volume had locked over $375 million in cross-chain assets, bonded over $50 million REN tokens by 1,500 nodes, and paid almost $2 million in fees to these nodes. It added;

“The cross-chain assets moved between chains by RenVM have also seen wide adoption into different DeFi applications, including Curve, KeeperDAO, MyEtherWallet, and the DeFi Bridge.”

In the first quarter of 2021, the Ren development team plans to roll out its RenVM Sub-Zero 0.3.0-alpha version upgrade to its testnet. A group of node operators known within the Ren community as the “Greycore” will ultimately operate the network once it goes live to mainnet.

The next phase in the Ren roadmap is “Zero,” which is the maturity phase for RenVM when it will become fully decentralized.

The REN token is up 7.9% on the day, trading at $0.364 at the time of writing. It peaked in early September 2020 during the DeFi boom when it reached just below $0.60.

Over the past seven days, REN has made 18% and over the past thirty days, around 37%. Since the same time last year, the token has made a whopping 750%, and it could well go higher as the project evolves and DeFi continues to grow.

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The continued growth of the crypto industry is still a surprise to those who have been keeping tabs on its progress without getting involved. New coins join the crypto market nearly every day, but you never can tell which of them could suddenly print a magnificent performance. This outstanding performance has recently been showcased by a little-known cryptocurrency, DREP.

DREP has come from nowhere within 6 hours to occupy the 14th position in the market following a mesmerizing price uptrend.

Read Also: IOG: Cardano’s Project Catalyst Grows to Become the World’s Largest DAO in Less Than 7 Months

According to CoinMarketCap, just about 6 hours ago, the price of the crypto was seating at $0.030315, but it took DREP only 10 minutes to trade at relatively $2. And the cryptocurrency has not stopped surging ever since.

At the time of writing, DREP is trading at $3.03, with a 7128.06% price uptrend based on 24 hours estimation.

Courtesy of CoinMarketCap

DREP coin is currently available for traders and investors on Binance, VCC Exchange, Gate.io, AscendEX (Bitmax), Hotbit, among others.

Read Also: Managing Partner of Moonrock Capital Says Ethereum (ETH) Is Poised To Hit $2500 Next Week

DREP is a project committed to building connectors and toolboxes based on blockchain technology and aims to provide solutions that combine ease-of-use, flexibility, and frictionless integration.

DREP proposes the concept of Smart Pipeline technology that is aimed at improving data processing ability such as a layer2 solution with strong scalability and zero gas consumption.

DREP upgrades advanced technology solutions into APIs and Plug-ins, which in-turn lowers blockchain learning costs, development difficulty, and complexity on the application or enterprise side.

In order to enhance data privacy protection, DREP Chain embraces the use of homomorphic encryption to safeguard users’ sensitive information.

Read Also: Galaxy Digital’s Mike Novogratz Targets $2,600 As Ethereum (ETH) Hits New Price ATH

Moreover, to provide an easy-to-use tool interface for 2B enterprises and provide an efficient and frictionless service portal for users, DREP launched a comprehensive DREP Client integrating functions, such as asset management, identity management, application development, and traffic portal.

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Young minds in the U.S. state of Georgia will soon begin to learn about digital currencies in high school. This is after the state’s House of Representatives passed a bill that calls for these schools to teach the students about financial literacy, with digital currencies being one of the areas of interest.

The bill calls for state education officials to develop the program in pursuit of “quality basic education.” It states, “The State Board of Education shall prescribe a program of study in personal financial literacy to be completed by students during high school.” Each local education board will have to implement the minimum program of study beginning in the 2021-2022 year.

It will cover 16 different areas, all pertinent to the students’ financial literacy. One of these is cryptocurrency, with the others including local tax assessments, investments such as stocks and bonds, simple contracts, state and federal laws concerning finance and money management such as saving, credit and managing debt.

The bill sailed through the lower chamber by a vote of 169-2, an indication of just how significant digital currencies, and other financial literacy matters, have become in recent times. It has now gone to the state’s Senate for further consideration.

Georgia joins a rising number of jurisdictions that are imparting digital currency and blockchain knowledge on young minds, preparing them for the future of payments. In 2020, Colombia’s capital of Bogota launched free online blockchain lessons. As CoinGeek reported, the courses seek to give the residents a better understanding of the technology and spur innovation in the South American country.

In France, the government introduced digital currency education courses to the country’s high school curriculum. The courses imparted basic knowledge about digital currencies, including Bitcoin’s future as the global payments network. It also looked at digital currencies vis-à-vis the fiat currency system, including why such systems have lost the trust of most citizens.

Aside from governments, many private institutions have taken up the responsibility of availing information about Bitcoin to the world. Winklevoss twins-owned Gemini exchange recently launched Cryptopedia, an open-access education portal.

One of the best portals to learn about Bitcoin is the Bitcoin SV Academy. The platform, which launched in December, offers meaningful, comprehensive and high-quality content that enables its users to easily learn about Bitcoin, whether they are experienced in the field or novices. The Bitcoin Association has also partnered with Saxion University of Applied Sciences in the Netherlands to launch the first Bitcoin SV-focused massive open online course (MOOC), offering courses and all assessments free of charge to anyone interested in learning about Bitcoin.

New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.

On Monday, the Securities and Exchange Commission (SEC) acknowledged VanEck’s 19b-4 Form for its bitcoin (BTC, +5.83 percent) exchange-traded fund (ETF) submission, setting off a 45-day period for the SEC to make an initial decision on the request.

If accepted, the ETF will be the first open bitcoin exchange-traded product in the United States, considering the crypto community’s long demand for such a product. The SEC has previously denied any bitcoin ETF proposal, including VanEck’s previous attempts, citing concerns about market manipulation and other issues.

However, industry insiders suggest that under incoming Chair Gary Gensler, a former member of the Commodity Futures Trading Commission (CFTC) who has been a vocal supporter of crypto and blockchain, teaching courses on the technology at MIT in recent years, the agency may finally be able to authorize one.

VanEck applied for the ETF with the Cboe BZX Exchange earlier this year, and the 19b-4 was released by Cboe in early March. The general public will have 21 days after the paper is released in the Federal Register (the nation’s logbook) to post comments on the SEC’s portal.

Before making a final decision, the SEC will extend the review period for up to 240 days. It has often extended these decisions to their maximum time limit when reviewing previous applications.

Following the rejection of several applications in late 2019 and early 2020, a number of other firms, including Valkyrie and WisdomTree, have applied for bitcoin ETFs in recent months. Grayscale, a division of CoinDesk’s parent company, Digital Currency Group, has a range of work openings for ETF specialists.

Recent ETF approvals in Canada could indicate that one is on the way in the United States as well. Three of the first North American bitcoin ETFs have already started trading, with one seeing nearly $500 million in assets under control in the first few days.

The U.S. Securities and Exchange Commission (SEC) acknowledged VanEck’s 19b-4 Form for its bitcoin exchange-traded fund (ETF) application on Monday, formally kicking off its 45-day window to make an initial decision on the proposal.

If approved, the ETF would be the first open bitcoin exchange-traded product in the U.S., though there has long been demand for such a product from the crypto community. Historically, the SEC has rejected every bitcoin ETF application, including VanEck’s past efforts, citing the potential for market manipulation and a host of other concerns.

However, industry pundits believe the agency may finally be ready to approve one under incoming Chair Gary Gensler, a former Commodity Futures Trading Commission (CFTC) chairman who has been fairly bullish on crypto and blockchain, teaching courses on the technology at MIT in recent years.

VanEck filed for the ETF with Cboe BZX Exchange earlier this year, with Cboe publishing the 19b-4 at the beginning of March. Once the document is published in the Federal Register (the nation’s logbook), the general public will have 21 days to submit comments on the SEC’s portal.

The SEC can extend the review period up to 240 days before it has to make a final decision. When evaluating past applications, it has always extended these decisions to their full time limit.

A number of other companies, including Valkyrie and WisdomTree, have filed for bitcoin ETFs in recent months, after several applications were rejected in late 2019 and early 2020. Grayscale, a subsidiary of CoinDesk’s parent firm Digital Currency Group, recently posted a number of job listings for ETF specialists as well.

Recent ETF approvals in Canada may also hint an ETF is on its way in the U.S. Three have already begun trading on the Toronto Stock Exchange, marking the first North American bitcoin ETFs, with one seeing nearly $500 million in assets under management within its first few days.

Tesla just contributed to Bitcoin open source software.

The car maker disclosed a bug in the open-source Bitcoin payment processor and wallet BTCPay Server, and it also helped the project’s team patch the flaw.

The electric vehicle and renewables company informed BTCPay’s team of the bug after reviewing the project’s GitHub last week. It affects users who boot BTCPay from “Docker Deployment, have a configured email server and enabled registration for users in Server Settings > Policies,” according to a post on BTCPay’s GitHub that included a software patch. 

“The security team did an audit and contacted us. We then focused on fixing most of the points they disclosed one by one. They are now helping us to improve our process for security related disclosure,” BTCPay founder Nicolas Dorier told CoinDesk.

The BTCPay team wrote in its GitHub post that more information on the bug would be disclosed in BTCPay’s next major release.

“We want to thank @teslamotors for filing a responsible disclosure, helping us with remediation, and handling the situation professionally. We also want to thank Qaiser Abbas, an independent web-security researcher, for an additional responsible vulnerability disclosure that was handled in this release,” BTCPay’s team wrote in the software release fixing the bug.

BTCPay Server was launched in 2017 by Bitcoin developer Nicola Dorier in response to popular Bitcoin payment processor BitPay’s controversial statements regarding the 2016 SegWit soft fork. Since launching, BTCPay has been integrated as a donations portal for charitable efforts around the world, including Nigeria and Venezuela.

The wallet is also used by many Bitcoin industry merchants and companies as a point of sale for online stores.

Read more: Blockchain News:New Zealand retirement fund reportedly allocates 5% to Bitcoin

The three coins I'm reviewing in this blog post are Ethereum, Tezos and NEO. Their symbols are ETH, XTZ and NEO.

I'm putting this one first simply because it is the best known, and with good reason. Ethereum's smart contract system allows for custom tokens to be built on the blockchain, making DeFi (Decentralized Finance) a real possibility. The smart contracts can do anything from NFTs and tokens to DAOs (decentralized autonomous organizations). A major downside, however, is gas fees. When the gas fees are high, it makes using ETH very hard for a blockchain beginner.

I give Ethereum an 8/10 for smart contracts.

Tezos is an interesting coin, since unlike Ethereum it started as a PoS (proof of stake, not to be confused with a certain other acronym) coin. It also functions similarly to a DAO in that stakeholders vote on how the blockchain will function. This means that there are no controversial hard forks in the chain and the system is constantly improving in the vision of the public. It has extensive documentation on the creation of tokens and contracts. A downside is that Tezos is less popular, so tokens created on the platform have less traction.

Tezos gets a 7/10 from me.

Neo is my personal favorite here. Low gas fees, easy token creation, tons of wallet choices, the sky is the limit. On the front page of the developer portal, it makes this clear. The page shows that tons of possibilities are available to developers, including tokens, DeFi contracts and games. It supports tons of programming languages for its contracts, compared to the less-used ones of ETH. Neo honestly seems like a great implementation of the smart contract system, and I recommend any devs reading this take a look at the possibilities.

Neo scores an amazing 9/10.

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Nuvei, a payment processor, has added support for approximately 40 cryptocurrencies, including lesser-known coins from past market cycles including Reddcoin, Steem, Bitcoin Gold, and Siacoin.

Via the digital payment portal Nuvei, e-commerce merchants will now transact in nearly 40 cryptocurrencies.

According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets Bitcoin (BTC) and Ether (ETH), lesser known cryptos such as Reddcoin and Bitcoin Gold, and even hyper-volatile coins like Dogecoin (DOGE).

Customers of Nuvei can also use Ripple (XRP), considering the asset’s recent legal troubles and resulting delistings from major exchanges.

Nuvei’s CEO and chairman, Philip Fayer, commented on the launch, saying that the company’s support for crypto assets is “empower[ing] our customers, big and small, with frictionless payment experiences and a greater ability to participate in a global marketplace.”

The announcement also claims that crypto asset transfers can provide Nuvei consumers with “enhanced protection, anonymity, and integrity” as opposed to standard fiat payment methods. However, numerous Nuvei-supported crypto assets have historically been the victim of 51 percent attacks.

Nuvei handled approximately $14 billion from retailers in the fourth quarter of 2020, with the firm processing $43 billion in total for the year.

Nuvei’s announcement comes as competition between traditional payment providers entering the crypto sector is heating.

On March 29, Visa announced a pilot programme that will allow all of its partners to use the Ethereum blockchain to settle fiat transactions. To transparent transfers, the solution makes use of the USDC stablecoin.

Paypal revealed late last year that it will begin providing cryptocurrency services to its customers, including the ability to buy and trade them.

On March 22, Buyaladdin, a U.S.-based online shopping service, announced that it would begin accepting BTC and ETH through various South Korean shopping malls.

Dogecoin Stock- Dogecoin could eventually hit $1

Dallas Mavericks owner, Mark Cuban is predicting the price of Dogecoin (DOGE) will eventually hit $1, after few days of accepting the crypto as a form of payment.

In a recent tweet, posted by the American-based billionaire, Cuban revealed customers had used more than 20,000 Dogecoin — roughly $1,018 at the time of writing this report — in transactions for his basketball team claiming the franchise was now “the largest Dogecoin merchant globally .”

Cuban anticipates that if basketball fans were to purchase 6,556,000,000 DOGE worth of Mavericks merchandise, the price of the token touch will “definitely hit $1.”

READ: Football-based Crypto, is world best performing Crypto in 7 days

— Mark Cuban (@mcuban) March 6, 2021

Cuban was known for creating the video portal, Broadcast.com with Todd Wagner in the mid-nineties and sold it to Yahoo for $5.7 billion in 1999.

Today he owns the N(BA)’s Dallas Mavericks and has stakes in Magnolia Pictures, AXS TV, and dozens of small startups.

According to Fintech Zoom, Mark Cuban is valued at about $23.4 billion at the time of writing this publication.

READ: Nigerian Bitcoin P2P surges by 15% since CBN Crypto ban

What you should know: Dogecoin is a type of digital coin that is decentralized and facilitates peer-to-peer digital transactions. This means you can send money online with much ease. It’s usually referred to as “the internet currency.”

It is different from BTC’s proof-of-work protocol in many ways, one of which is the Scrypt technology. The fast-growing altcoin also has a block period of 1 minute, and the total supply is unlimited, meaning that there is no limit to the amount of Dogecoin that can be mined.

READ: Why Bitcoin could be worth $1,000,000

“The recent rise of dogecoin, a meme coin, should serve as a reminder to everyone in the space that the most popular use case for crypto is still pure speculation,” said Anil Lulla, a former analyst at Bloomberg and co-founder of the cryptocurrency research firm, Delphi Digital.

Crypto exchanges presently having Dogecoin listed include YoBit, BitAsset, Binance, Huobi Global.

Dogecoin Stock – Dogecoin could eventually hit $1 Tags: Dogecoin Stock Stock Market, Latest News on C N N. Stock Market Latest News on C N N.

Over the past few months, many former critics have started to acknowledge and even embrace Bitcoin as an alternative asset class. However, while that may be the case, Mastercard CEO Ajay Banga definitely isn’t going to be one of them anytime soon.  

During a recent interview hosted by Fortune’s Alan Murray, when asked what he thought of cryptocurrencies, Banga said,    

“Central bank digital currencies are really interesting. Stable coins a little less so. Bitcoin, not really.” 

Banga’s views aren’t out of order or out of the blue, however, with the exec long being a critic of the world’s largest cryptocurrency. During the virtual Fortune Global Forum held in October, for instance, he mocked Bitcoin’s volatility. 

“Can you imagine someone who is financially excluded trading in a way to get included through a currency that could cost the equivalent of two Coca-Cola bottles today and 21 tomorrow? That’s not a way to get them (included). That’s a way to make them ‘scared’ of the financial system.”

In fact, he has also called cryptocurrencies that are beyond the control of governments “junk,” because of their mercurial nature. Here, it’s also worth noting that Mastercard quit its association with the Libra Association in February mainly due to regulatory pressures put on the Facebook-based initiative. 

While his antipathy towards Bitcoin is well known, the Mastercard Mogul hasn’t been shy of legitimizing his views on CBDCs and stablecoins. According to Banga, CBDCs might be better-suited for improving financial inclusion around the globe. In fact, Mastercard recently introduced a platform for testing CBDCs in a virtual environment that has already helped various banks to assess and explore national digital currencies. 

On the question of stablecoins too, Banga and Mastercard’s views have remained consistent, with a blog released by the payment service leader’s newsroom portal stating, 

“To be completely clear, not all of today’s cryptocurrencies will be supported on our network. While stable coins are more regulated and reliable than in the recent past, many of the hundreds of digital assets in circulation still need to tighten their compliance measures, so they won’t meet our requirements.”

Surprisingly, Mastercard’s arch-rival Visa has taken a completely opposite route with Bitcoin. CEO Al Kelly recently revealed that Visa plans to enable purchases of the top cryptocurrency, calling it “digital gold” on a Fortune podcast earlier this month.

Algorand, Chiliz, Polkadot Price Analysis: 28 March

Indonesia: Minister reveals plans to launch state-backed crypto-exchange

Shubham is a full-time journalist at AMBCrypto. A graduate in Accounting and Finance, Shubham's writings mainly focus on crypto-regulations across the United States and Europe.

The price of Bitcoin reached a new all-time high, breaking the barrier of $60,000 within weeks after its steep decline after breaking the record of $50,000. On February 21, it had experienced a setback to $43,000 amidst uncertainty in traditional markets but also due to a normal liquidation of positions.

This rise means a thousand percent increase over the last year, a year marked by steep decline in the world economy due to the COVID-19 pandemic.

— Bitcoin (@Bitcoin) March 13, 2021

RELATED CONTENT: SOUTHCOM Chief: Venezuela Skips Sanctions with Cryptocurrencies

Information portals from the world of cryptocurrencies report that Bitcoin has progressively resurfaced from a decline in March 2020 by more than 50%. It closed 2020 with strong institutional demand. This signifies the beginning of an exponential increase in its price, which allowed it to move between all-time highs constantly, a trend that has continued strongly in 2021.

— Orinoco Tribune (@OrinocoTribune) March 13, 2021

In addition to investment funds and companies such as Paypal, or the American car manufacturer Tesla which made a multimillion dollar investment in the cryptocurrency, many individuals buy fractions of bitcoin, taking advantage of the many platforms that have been developed in recent years.

According to newspaper analyses on the economy, the new record comes two days after US President Joe Biden enacted a massive $1.9 trillion stimulus program that includes aid checks of $1,400 to people in vulnerable economic situation in that country. And many experts now see how that money can be supported by real growth.

RELATED CONTENT: Oil Workers Salary to be Anchored to the Petro: New Monthly Income

The current rise to $60,000 takes the net worth of bitcoin to $1.12 trillion, a figure that approaches the total market value of one of the largest companies in the world, Alphabet (Google), which is valued at $1.385 trillion.

Bitcoin: no more banks

Bitcoin, as an alternative to the financial status quo, makes it easy for people to save, as well as send and receive any amount of money instantly from and to anywhere in the world, at any time. There is no need of banks with definite schedules, and there are no national or international borders. Nor are there any upper limits imposed. Bitcoin users always have complete control over their money.

For this reason many financial corporations attack the cryptocurrency market, and are backed by their mainstream media companions in those campaigns against this new digital currency market. But under current circumstances and the unstoppable advance of cryptocurrencies, many of those corporations are buckling to the trend and are seriously evaluating participating in the new crypto economy.

Cryptoactive Venezuela

In Venezuela, the platform for the exchange of currencies and crypto assets, the Patria system, was created to allow various transactions of resources available in the different wallets of the system. It now allows exchange options from Petro, the Venezuelan cryptocurrency, to Bitcoin or Litecoin.

Featured image: Bitcoin breaking all records. In 2020 many experts pointed at a closing price for 2021 around $200,000. File photo.

(RedRadioVE) by Daniela Jiménez, with Orinoco Tribune content

Translation: Orinoco Tribune

In addition, we will run a pNetwork node and introduce a very special Guardian with more details coming soon!

Collaborating with pNetwork  allows us to create a frictionless bridge between Ethereum and Binance Smart Chain for the CGG token. This gives the CGG token more opportunities to be available on multiple networks, increasing exposure to the DeFi community and users more dedicated to another network. In addition, the integrity of pNetwork will help manage a large portion of the “heavy lifting” required to maintain this bridge. By using pNetwork, this will bring a special pool of liquidity that can be used for both the Ethereum chain and the Binance Smart Chain, creating a versatile pool system that's completely trustless and transparent. The CGG tokens used for this pool will be locked in the form of pTokens, which will be fully pegged to the value of CGG at all times. 

In addition, ChainGuardians will support the decentralization of the pNetwork system ( currently in its Dawn phase ) by running a pNetwork node. The nodes-powered pNetwork enables anyone to move assets and data cross-chain and dApps to interoperate across multiple ecosystems, allowing for a higher efficiency of cross-chain trading, lending and collateralization.  We are able to run this validator node by staking 200k PNT within the pNetwork DAO system . 

We also wanted to share that in recognition of our collaboration with pNetwork, we will be presenting a special character which will represent the bridge between ChainGuardians and pNetwork.. More details will be revealed in the coming days.

Stay tuned for additional information on this and in the meantime take a look at our current roadmap on our website.

The pNetwork is the underlying architecture for pTokens, a cross-chain system enabling assets to move frictionlessly from one blockchain to another. Currently, pTokens enable the transparent interaction among major blockchain protocols, including Bitcoin, Ethereum, EOS and Litecoin. pNetwork is the progressively decentralized governance layer operating the pTokens bridges and pNetwork Portals. It is home to the pNetwork DAO and the ecosystem's governance token PNT.

Join pNetwork Community: Twitter || Telegram  

ChainGuardians is a blockchain meets superheroes gaming ecosystem which combines traditional gaming concepts with blockchain technologies. As well as boasting the world’s first NFT Mining Platform and interoperable RPG, ChainGuardians also merges awe-inspiring artwork with imaginative storytelling. ChainGuardians amalgamates the juxtaposing concepts of play-to-earn and free-to-play through a balanced in game ecosystem; enabling users the opportunity to make key decisions through governance.

Come join us in the fight against The Gatekeepers on Telegram and find out more.

– You can also find out more on our token page: Follow us on Telegram, Twitter, Discord, and Instagram.

A new atomic-swap powered wallet, Liquality, just released a feature for users to spend bitcoin and other coins at online crypto merchants without having to manage addresses or QR codes.

Liquality is a browser extension wallet like Metamask, except instead of supporting only ether and its tokens, Liquality can hold bitcoin, ether, crypto dollars like DAI, USDT, USDC and UNI, and now “bitcoin DeFi” tokens from the RSK network. 

The ConsenSys-backed wallet launched last autumn and allows users to swap coins in their wallet, thanks to an old trick known as “on-chain atomic swaps.” These swaps use complex cryptography to trade assets from different blockchains between two or more parties without a user having to relinquish their keys to a counterparty.

For Liquality, this means its users can trade between bitcoin and ether (or crypto dollars like USDC) right on the wallet.

“Our goal has always been to give people secure and easy tools to interact with this new digital economy,” the wallet’s marketing director, Alex Min, told CoinDesk.

With this update, the wallet now also provides “one-click” transactions with popular bitcoin-accepting gift-card vendor Bitrefill and payment portal OpenNode, among others. When checking out using these services, the wallet automatically fetches the receiving address for the user.

The one-click pay feature works with any wallet that has integrated URI schemes for bitcoin, Min told CoinDesk. This includes popular open-source processor BTCPay Server, as well.

“We believe this upcoming release will not only improve the in-browser bitcoin experience for users, merchants and app developers (most of whom are still transacting on-chain), but also help the nascent Bitcoin web app ecosystem grow with an easy-to-use-and-develop-with, in-browser hot wallet,” Min said.

Liquality currently acts as the counterparty for the wallet’s swaps. Min told CoinDesk the wallet processed $4 million in swap volume in March from 4,000 active weekly users. 

When asked if Liquality will look to adding Lightning Network support in the future, Min said it’s not high up on the wallet’s roadmap.

In lieu of Lightning, Liquality recently integrated with RSK, a Bitcoin sidechain built by IOV Labs, and supports the dollar on chain (DOC) crypto dollar, a dollar-pegged coin which can be used on the Sovryn decentralized lending market built on RSK.

These networks offer cheaper, faster transactions than Bitcoin’s primary network using special trade-offs and tricks; Lightning is a tech stack built on top of bitcoin that is trustless and non custodial, while RSK is an independent network run by a federation of trusted counterparties.

In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs of heating a home a great deal.

While bitcoin (BTC) and a slew of crypto assets have seen values increase a great deal, there’s been a lot of criticism aimed at digital currency mining and how it utilizes lots of electricity. Despite the numerous rebuttals written over the years and even books that explain that proof-of-work (PoW) mining’s electrical consumption is way overhyped, people continue to spread the myths.

Another subject that is often missed is the fact that bitcoin and cryptocurrency mining can bolster cogeneration concepts. Essentially, cryptocurrency miners have the ability to provide cogeneration ideas for a myriad of heat-producing mechanisms. This has led people to come up with innovative ideas with bitcoin miners, like growing tomatoes and distilling alcohol products.

Basically, cogeneration is the use of energy and another energy used jointly, like leveraging excess steam from electricity to produce heat. This April, a company called Wisemining plans to release a new product that produces PoW-powered cogeneration. The company is selling a product called Sato, a boiler that allows you to mine bitcoin (BTC) while heating your home at the same time. Essentially, Sato comes with a tank container for ASIC devices, 200-liter water tanks with two heat exchangers, a dielectric coolant, fittings for the tank, and a cartridge for your hashboard.

ASIC miners are not included with the Sato kit, but the website says that the machine supports the Antminer S9 / S17 / S19 / S19 Pro/ S19+ series of BTC mining rigs. The home needs to have a power supply and internet access of course to run the cogeneration mining unit. Wisemining’s website says that customers can integrate the hardware or for an extra cost, the company can install hashboards for clients who are not interested in doing it themselves. The pre-order cost for a Sato bitcoin mining boiler is $8,990 according to the website and the company accepts BTC for payments.

The hashboards are the ASICs housed inside a metal cage the size of a large shoebox and in order to leverage the Sato boiler, the chips are removed and placed in Wisemining’s tank container design for ASICs. The cost of a Sato is definitely more expensive than the average cost of a reliable 200-liter boiler which can run around $2,500 to $5,000 a unit. Wisemining’s website also has an online calculator, which estimates how much money could be made by leveraging a Sato kit. For instance, a home with about 2,000 square meters of space, four residents, and five of the best hashboards in the Eastern part of the United States for four years would earn over 2 BTC.

During the last few years, bitcoin mining and cogeneration concepts have increased a great deal. Just recently Bitcoin.com reported on Genesis Mining’s greenhouse project in Sweden. Containers of Genesis-operated ASIC miners are being used to produce heat in order to fuel greenhouses during the cold winter months. Moreover, last summer, the bitcoin proponent Jesse Peltan tweeted about a cogeneration idea with bitcoin miners that heated a hot tub. The tweet called “SPA256” said “Every citadel needs a Bitcoin Hot Tub. Few understand this.”

Few understand this.#Bitcoin#SPA256#BraiinsOS@slush_pool @BITMAINtech @alexa99 pic.twitter.com/KzhbQJoKUT

— Jesse Peltan (@JessePeltan) July 26, 2020

Wisemining’s Sato boilers will begin selling in April according to the website and the company will be taking pre-orders for the first batch of 100. A few days ago, Wisemining’s product was also discussed on the French web portal bitcoin.fr as well. The calculations above are just informative the company says and gives a person a “sense of scale.” People can check out a complete case study by utilizing the company’s forecasting tool which is available via Discord.

What do you think about Wisemining’s Sato boilers? Let us know what you think about this subject in the comments section below.