📰 29/7/2018 Scientists have found the ancient cryptocurrency on the islands in Micronesia; Huobi will open P2P platform; Japan can introduce trading limits; news by ICO Telegraph

image: wikipedia.org.

🕑 5 min read

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What did we collect for you today:

• Some historical news connected with cryptocurrency;
• Exchanges/listing/ICO news: new tokens, announcements – today we have more news about trading platforms especially.
• And more related information.

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📌 Returning to the origins?

Scientists see similarities between ancient stone coins and cryptocurrencies (source)

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Quite interesting article appeared on the sciencenews.org. Given that cryptocurrencies are becoming a subject of theoretical discussions, there is something to think about.

Archaeologists have discovered an ancient currency 'rai', what are actually stones with a hole inside. In order to get a rai, the tribe had to go through a rather dangerous journey, which was associated with limestone mining, and possibly other factors. In the end, the value of the rai coin was determined by its size and complexity of extraction. As you know, this is a type of cryptocurrency mining.

When members of the tribe received a rai, they had to demonstrate coin to all other inhabitants. Usually, it was done in a ritual place. There rais were under public protection. The currency was also used for ordinary purposes, including for financing wars, local exchange and so on.

Yes, indeed, over the years people have used the same mechanisms of public consensus and understanding of complexity. Then the shape improved, gold, alloys, and printed assets (finally) appeared. But we understand that humanity can improve form, but the principles in many respects will be the same.

Tags: #history #cryptocurrency #theory #science
Who can be interested: all who feel boring a bit

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📌 Japan can introduce trading caps

The JVCEA association promises to protect traders with small assets from losses (source)

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The Japan Virtual Currency Exchange Association (JVCEA) has developed a plan according to which the crypto exchanges (members of the association) will be required to set a maximum limit on trading volumes for a certain group of traders. The exact amount for that limit is not announced yet.

At the moment, the JVCEA unites such companies as GMO, SBI, QOINE, bitFlyer and other local exchanges. If these changes take effect, it can influence all the crypto-economy of the region. For example, users may receive a fixed limit on trading, or obtain individual limitations based on experience, asset value, and even age.

Tags: #Japan #exchanges #trade #market
Who can be interested: regional users

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📌 ICO Calendar

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Upcoming/ending ICOs in the near future

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📕 END

• Darico [Investment], ENTRY [Finance/Banking], Kasko2go [AI], Nativecoin [Manufacturing], PO8 [Marine Archaeology ], Safe Haven [Legal], VENUSCOINS [AI] ICOs will end on July 30, 2018.

📗 STARTS

• Bizavest Analytics [Business Services], CoTrader [Decentralized Exchange], Gratzio [based on Stellar], Laser [Infrastructure], MedChain [Healthcare], Supload [Entertainment], TNCoin [Real Estate] ICOs will start on July 30, 2018.

↪️ Others are now verified as TBD

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We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.

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💰Market Cap: $296 538 561 087
💵24h Vol: $12 587 160 635

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📊 Prices TOP 29.07.2018

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↗️↘️ BTC: $8179.97
↗️↘️ ETH: $464.38
↗️↘️ XRP: $0.452120
↗️↘️ BCH: $823.27
↗️↘️ EOS: $8.22
↗️↘️ XLM: $0.308325
↗️↘️ LTC: $84.09
↗️↘️ ADA: $0.162150
↗️↘️ IOTA: $1.02
↗️↘️ USDT $0.039023

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♻️ Exchanges

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📌 Huobi will launch P2P trading in India

Users from India recieve an opportunity for zero-fee trading in BTC, ETH and USDT (source)

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This new platform from one of the leading exchanges will allow users to trade crypto assets with local currencies (INR). At this time, the Reserve Bank of India decided to restrict the activity of companies associated with digital assets, so we can say that Huobi can solve a number of problems here.

«we do think it’s time that we provide a solution of buying/selling digital assets with INR for all Indian users».

On the one hand, users are able to return to full-fledged operations with the crypto-currencies and local Indian currency, on the other, the company continues its plan of global expansion (now, Huobi plans to open in Europe, Asia, America, and Australia).

Tags: #India #Huobi #exchange #P2P #OTC
Who can be interested: regional users

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📌 Binance Partners with Libra Credit

The association will offer loans to holders of Binance Coin (BNB) (source)

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Binance and Libra Credit will offer users loans in fiat and cryptocurrencies, which will be provided with BNB tokens. During promising loans "at any time and in any place", LC receives a big support from Binance, possibly going to one of the most profitable markets. Earlier, the startup attracted large investments through ICO time (total amount of $26 mln).

Now, such a thing as lending is very affordable and promising for both business and individuals. Moreover, financial giants look at cryptocurrencies as a field for the deployment of their services. However, such systems have very careful risk screening. If you want to know about our fears that Binance and Libra Credit could manipulate on user vote, read the past news.

Tags: #Binance #LibraCredit #loans #BNB
Who can be interested: users

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💱 Exchanges TOP

Binance $1.32B -> 18.54%
OKEx $912.62M -> 12.80%

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