Tutor Ninja launches TAO by March 2018 to integrate with blockchain infrastructure

February 11th, 2018 /Singapore, Seul, Tokyo, Moscow/ Tutor Ninja, a global platform for private tutoring services, secures equivalent of 15mn US dollars to attract crypto-funds via selling NTOK token assets up to the end of March 2018. The ERC20 tokens are a crypto-utility providing a remote education ecosystem to pay for tutored lessons and licensed partners’ content, including cross-border services. At the presale stage the tokens were offered with a 10-20% bonus for amounts equivalent to 50 US dollars and above. The NTOK beta-version is expected in June 2018. Anton Mishin, Chief Executive Officer, said “The students benefit from the availability of the remote access to the educational services, a blockchain based loyalty system and settlements simplified through the introduction of NTOKs. The removal of intermediaries by utilising the NTOK platform, which is built on blockchain and challenges the existing educational methods, is at same time answering the question of how to find and verify trustworthy coaches world-wide. The blockchain technology raises the efficiency of interaction between coaches and school children significantly.” Natalya Asenova, Tutor Ninja Marketing Executive, additionally said “We believe that NTOK contributes to future continuous education. A Tutor Ninja qualified knowledge of onboarding coaches and our no-intermediary blockchain ranking approach will attract providers and customers from various countries. Another advantage is that the lesson fee is paid directly to a tutor in accordance with transparent rules, established across NTOK.” Max Shekhovtsov, CFO and co-founder, added “NTOK pioneers a blockchain tutoring segment yet to be assessed in full. We follow the trends of the EdTech market which are growing at an average 17-25% GAGR, while the private tutoring services market will exceed 227 bn US dollars by 2022, according to 2016 Report by Global Industry Analysts,Inc. Out of this amount some 3% is now digital; to conclude tutoring as a part of a continuous education concept presents today and will be in the future. Its potential is borderless in many senses”. References Tutor Ninja is a global private tutoring platform, established in 2016, and operates with hundreds of coaches and thousands of students. Contacts Web-site Medium Telegram Facebook Twitter Bitcointalk LinkedIn This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Cyberinsurance Providers are Coming for Cryptocurrency Exchanges

The post Cyberinsurance Providers are Coming for Cryptocurrency Exchanges appeared first on CCN 2017 was one of the worst years for hacking on record. We’ve seen reports of unsolicited miner-ware installations generating millions of dollars worth of Monero, Coincheck‘s breach result in close to half a billion dollars in losses, ICO phishing scams, and much more. This cycle has repeated itself ever since Mt. Gox was breached in 2011. As anyone The post Cyberinsurance Providers are Coming for Cryptocurrency Exchanges appeared first on CCN

What Is TenX?

Even though cryptocurrencies are incredibly popular right now, spending Bitcoin or altcoins is still rather problematic. Very few people actually accept cryptocurrency payments, which means there is a need for intermediary solutions. TenX aims to provide a way to spend virtual currencies anytime and anywhere. It is evident the world of cryptocurrency debit cards needs some major competition, even though both Visa and MasterCard are not too keen on this concept right now. What Exactly is TenX? It is obvious TenX wants to help the cryptocurrency industry make a big impact on a global scale. While spending such currencies remains a challenge for the time being, there has been an interest in cryptocurrency-related debit cards. While both Visa and MasterCard have been shutting down such products, TenX will still let users spend cryptocurrency using a payment card. It supports multiple virtual currencies and makes the process of spending Bitcoin and altcoins far more convenient for all parties involved. How Does it Work? While it is commendable to see TenX explore the cryptocurrency payment card route, the big question is how they will pull all this off. With Visa and MasterCard opposing such concepts through third-party vendors, it is evident creating such a system will not be easy. At the same time, the team has a mobile app for both Android and iOS which will make the spending of cryptocurrencies a lot easier. There is also a web app for users to enjoy. What makes TenX so appealing is the 0% conversion fees for all transactions. Nobody who spends virtual currencies through TenX will incur additional fees, although foreign currency conversion rates may still apply in the future. With the TenX app, it is not only possible to send and receive funds, but one can also withdraw money from any ATM in the world. With real-time notifications tied to card purchasing, it becomes a lot easier to keep tabs on how one’s balance is being spent. Even though the WaveCrest issue has affected TenX, the company has a solution in place for the time being. Further details regarding future cards have yet to be provided, as TenX is still in talks with its new card issuer. However, with the opposition by Visa and MasterCard, finding a capable partner may prove rather difficult. It will be interesting to see what the future holds for TenX in this regard, as it is not easy to create cryptocurrency payment cards right now. What Does the TenX PAY Token do? As one would expect, TenX has its own native token, known as PAY. With this token, users can purchase the TenX payment card. Additionally, token holders will earn a percentage of the 0.5% “reward” from TenX transactions. This incentive will be paid out in the form of PAY, which means the company will need to buy back some of these tokens over time. It is an interesting business model which will seemingly work out well for the company. What Comes Next for the TenX Project? According to the TenX project roadmap, a lot of things will happen in 2018 and beyond. Support for ERC20 tokens and additional cryptocurrencies is coming users’ way in Q2, and more functionality will come to the TenX card and wallet in early 2019. The official issuing license for payment cards will be obtained in Q3 of 2019, although that particular milestone is subject to change.

Harrisburg University Backed THOUGHT ICO Launches Whitelist

The post Harrisburg University Backed THOUGHT ICO Launches Whitelist appeared first on CCN This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned The post Harrisburg University Backed THOUGHT ICO Launches Whitelist appeared first on CCN

Government websites fall prey to cryptocurrency mining hijack

It's not just private companies' websites falling victim to cryptocurrency mining hijacks. Security consultant Scott Helme and the Register have discovered that intruders compromised over 4,200 sites with Coinhive's notorious Monero miner, many of t...

Government websites fall prey to cryptocurrency mining hijack

It's not just private companies' websites falling victim to cryptocurrency mining hijacks. Security consultant Scott Helme and the Register have discovered that intruders compromised over 4,200 sites with Coinhive's notorious Monero miner, many of t...

Ethereum Classic Price Goes Back in the Green Thanks to ETC/BTC Gains

Things are not going according to plan for most cryptocurrencies right now. Most markets are still down compared to 24 hours ago, although the massive price decrease has been recovered in quick succession. The first currency to note positive momentum is Ethereum Classic. More specifically, the Ethereum Classic price has increased by 1.93% over the past 24 hours, whereas all other top 20 markets are still in the red. Ethereum Classic Price Wants More Gains It is evident any investment in the world of cryptocurrency will pay off eventually. For some currencies, it will take very long until we see any major growth in 2018. Even so, there is the Ethereum Classic price to keep an eye on at all times. Contrary to what most people would expect, the Ethereum Classic price is effectively noting a profit during this negative market trend across all other markets. Quite remarkable, although it is a matter of time until the rest recovers as well. To be more specific, the Ethereum Classic price is back above $25 as we speak. This is almost on par with the ETC price prior to last night’s big dip, which pushed the Ethereum Classic price down to $22.1. It’s not a big drop in USD value, yet it does represent a decline of over 11% in a matter of a few hours. Those losses have been recovered with relative ease and long-term holders are already in profit once again. Whether or not other currencies will see a similar trend, remains to be seen. With this current 1.93% gain in USD value and a 4.39% gain in BTC value, things look pretty good for the Ethereum Classic price. Although this positive trend can still be erased with relative ease, there is no reason to think we will see any major price reversals in the coming hours. Then again, no one really expected last night’s dip to occur either, yet it did make a big impact in the end. Over the past 24 hours, Ethereum Classic notes a trading volume of $360.29m. That is a more than respectable amount for an alternative cryptocurrency, especially when considering how the top altcoins are all struggling for momentum as of right now. Ethereum Classic is certainly bucking all of the negative trends right now, but when all other markets recover, the momentum may turn against the Ethereum Classic price again, for all we know. OKEx dominates the charts in terms of ETC trading volume right now. Three of its trading markets generate a combined total of 42.8% of all ETC trades as we speak. Bihumb is also in the top 3 with $30m in 4-hour trading volume With three fiat currency pairs in the top 6 for ETC< there is a good amount of money coming into the market. Unfortunately, two of those pairs are denominated in Korean Won, which is always a bit problematic. For the time being, it remains unclear what the future holds for the Ethereum Classic price. The current momentum looks pretty solid, but there is no reason to think this trend will be sustained indefinitely either. All markets are still extremely volatile, and there will be plenty of profit-taking along the way as well. For now, $25 seems to be a solid Ethereum Classic price point, but we may very well see another dip form on the charts before the day is over.

Colored Bitcoin Exchange Coinprism is Shutting Down

The post Colored Bitcoin Exchange Coinprism is Shutting Down appeared first on CCN Users on the Coinprism platform have until March 31 to withdraw funds and redirect them to another wallet or export private keys. Dublin-based Coinprism, a wallet service founded in 2014 as an early blockchain startup, is closing down, according to an alert on the company’s website. Both the Coinprism block explorer and the Coinprism API will The post Colored Bitcoin Exchange Coinprism is Shutting Down appeared first on CCN

Colored Bitcoin Exchange Coinprism Has Shut Down

The post Colored Bitcoin Exchange Coinprism Has Shut Down appeared first on CCN Users on the Coinprism platform have until March 31 to withdraw funds and redirect them to another wallet or export private keys. Dublin-based Coinprism, a wallet service founded in 2014 as an early blockchain startup, is closing down, according to an alert on the company’s website. Both the Coinprism block explorer and the Coinprism API will The post Colored Bitcoin Exchange Coinprism Has Shut Down appeared first on CCN

What Is the High-Performance Blockchain?

There is a growing need for faster and better blockchain solutions. As we have seen in the past with major cryptocurrencies, blockchain scalability has proven to be very problematic. The High-Performance Blockchain claims it will alleviate most of these concerns in the coming months. With a novel hardware and software architecture, the project certainly takes a different approach. Now is a good time to explore whether or not this project has any long-term potential. What is the High-Performance Blockchain? From the get-go, it becomes evident the High-Performance Blockchain tackles the concept of scalability from a completely different angle. Rather than just looking at the software side of things, the project also tackles the hardware aspect. To realize the optimal performance of blockchain applications, things will need to change in the near future. As such, this team is building an architecture which uses thousands of CPU and FPGA resources to create a more versatile and scalable ecosystem. But how Does it Work in Real Life? There are a few aspects of the High-Performance Blockchain project to take into account. First of all, there is the chip-level acceleration engine which provides accelerated hardware chips to power this entire ecosystem. Secondly, the software side of the High-Performance Blockchain is integrated with the new dedicated hardware accelerated engine and focuses on depth and scaling customization. Third, the project claims it can produce a throughput in the millions of transactions without any major problems. While all of this sounds pretty amazing, it is difficult to come by any real information regarding the technical aspects of either the hardware or the software side of High-Performance Blockchain. While the team mainly focuses on blockchain integration for real-world business cases, it remains to be seen how their chips will operate and how their algorithms are created. It seems the High-Performance Blockchain project is closely connected to the NEO infrastructure, which could introduce some interesting developments down the line. It also seems the High-Performance Blockchain project has its own currency, which is known as HPB. With a total supply of 100 million coins and 22.216 million coins in circulation as of right now, it will be interesting to see what the future holds for this currency. So far, however, there is no clear use case for this token. It is listed on one or two smaller exchanges, but other than trading based on speculation, HPB served no purpose at the time of writing. What Comes Next for High-Performance Blockchain? Building the High-Performance Blockchain infrastructure will take a lot of time and money. As such, the roadmap is filled with milestones which the team aims to achieve in the coming years. A testnet version of this project will be launched at some point in 2018, which will undergo further improvements for several months. The actual mainnet will launch in Q2 of 2018 if things go according to plan. However, the official version will not go live until mid-2019 at the earliest. This is a project worth keeping an eye on, but there are still a lot of questions which need to be answered.