Despite the recent pullback in crypto prices, amazing things are happening behind the scenes.
Blockchain entrepreneurs and coders are hard at work building the infrastructure necessary for a robust alternative financial system.
Today, we’re going to analyze important recent news items and breakthroughs.
Bitcoin currently maxes out at around seven transactions per second. The Lightning Network (LN) allows it to increase to thousands of transactions per second, with near-instant settlement. LN accomplishes this by taking transactions off the blockchain and settling them later in bulk.
This tech may allow bitcoin to compete with traditional payment processors such as Visa and PayPal. It will take time to perfect this new payment network, but LN has the potential to revolutionize how cryptocurrency is used. Many other coins have announced plans to build similar improvements.
Binance launched only last year, but it has become the highest-volume crypto exchange in the world, with trading volume of around $1.5 billion per day. Currently based in Hong Kong, Binance recently announced that it will be moving to Malta. The small Mediterranean island has crypto- and fintech-friendly laws.
Malta’s prime minister even personally welcomed Binance to Malta on Twitter.
Binance says the move will also allow it to add “fiat trading” to its platform by partnering with local banks. Currently, Binance is a “crypto only” exchange, but the addition of fiat trading will allow it to become a major on-ramp into the crypto market.
Cboe Global Markets, which trades bitcoin futures, sent a letter to the SEC encouraging it to allow the introduction of bitcoin ETFs.
At least six companies are attempting to get bitcoin funds approved, but so far the SEC has denied their applications.
The demand for a publicly traded bitcoin vehicle is certainly there, but the SEC has been twiddling its thumbs for a while now. Let’s see how long it can hold out against the pressure.
Coinbase, the largest U.S. crypto exchange, has announced that it will be adding support for ERC20 tokens. In a blog post, Coinbase wrote, “This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren’t announcing support for any specific assets or features at this time.”
In essence, this means that Coinbase is planning to add more altcoins to its platform. This will drive more interest and altcoin buying. Now the speculation about which assets Coinbase will add next begins…
Exchanges continue to offer new trading “pairs” in fiat currencies (dollar, euro, yen, etc.). Major player Bitfinex just added new fiat trading pairs for EOS, NEO, IOTA, bitcoin and Ethereum.
Fiat trading pairs are how money enters the crypto world, and it’s not easy to accomplish due to anti-money-laundering laws. More fiat trading pairs means more money entering the system.
AdsCash on Its Route To become World’s #1 Currency For Online Advertising
Behind The Scenes Work Is Going On In Full Force With Adscash And Shortly Trading Will
Start Across Multiple Exchanges And New Partnerships Will Be Announced
– Nick Johnson
Ceo And Founder – Ads.Cash
Welcome to Multibuyworld Ltd and your fantastic, redesigned website multibuyworld.com
The company was established by Multibuy srl and their partners. Multibuy Srl was founded 23 years ago in Italy under the name PromoIitalia and was renamed to Multibuy srl in 2014. Existing customers currently number 159,000 and are steadily growing. Read more “About us”.
Offices: Rome and Malta
Start of the new website and its products: February 20, 2017
We are starting with a fantastic competition, which is included at the end of this newsletter.
PowerPoint / Videos / “About us”
Power Point presentations, videos, and the “About Us” page are available for you to view, read and download in English, Italian, Spanish, Portuguese, French, Polish and Danish.
Note: Multibuyworld must be informed of any changes to videos and Power Point presentations and the company must provide this information in written form. This requirement may take 1 to 2 weeks, if the changes are accepted.
Our official email addresses are: Office: email@example.com for all questions regarding administration and firstname.lastname@example.org for customer support in Englisch and Italian. In Denmark email@example.com
To send your transfer confirmation (if you make a bank transfer or bitcoin payments) use firstname.lastname@example.org
For customer support, we will be adding German, Spanish, French, Polish and Portuguese in the next few months. The respective email addresses for the various languages will be communicated to you in the news section over the coming weeks.
Currently please send all enquiries in English or Italian to the Customer Support in Italy or in Danish (to the Danish Customer Service). We’ll try to answer all enquiries as quickly as possible.
Note Important: Always add your Multibuyworld ID number in any email or letter you will send to our company.
Every customer will automatically receive an invoice when placing the order for their product. If you did not receive the invoice in your email inbox, then please check in the spam folder.
Registrations: Every person who has successfully registered receives an activation link in their email. Please click at this activation link, to then be able to log into Multibuyworld. If you cannot find the activation link in your inbox, then please check in the spam folder. Should the activation link also not be located in the spam, please contact Customer Support by email.
Languages: Currently, www.multibuyworld.com is available in English. Over the next few weeks, translations to various languages will follow.
Payment methods: Money transfers from bank to bank. These are fully active and can be undertaken instantly.
Credit card payments: Will become possible by March 2017, but certainly not before the end of the competition.
Bitcoin: Will become possible by March 2017, but certainly not before the end of the competition.
Note for bank transfers: Every customer receives an email regarding the bank transfer details for the payment of their ordered product (Pr Packetes). This email contains the exact account data and the email address to which the completed transfer confirmation must be sent. In this case, as mentioned above email@example.com
Note: Do not make any changes to the bank data. In this newsletter we have attached a picture with all the important information which you will also receive in an email if you choose the bank transfer payment method. We have again described everything clearly in this image. Please read this thoroughly, it is all very well presented and indicates the most important points.