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Coin Watch: How Has DigiByte (DGB) Been Performing Recently?




When DigiByte (DGB) was first conceived on 10th January 2014, Jared Tate, the founder of the blockchain aimed to provide a digital platform, which was both safe and lightning fast. In the turbulent world of cryptocurrency, where the market is characterized by volatility and frequent price movements, stability is a huge factor when it comes to choosing a currency. As far as cybersecurity is concerned, only a few coins can beat the tight security protocol offered by DigiByte. This article explores some of the recent developments on the blockchain, offering an insight into its performance in the market.

DigiByte (DGB), a Coin on the Rise

Developed as a proof of work (PoW) coin, DigiByte is supported by a system that regulates ‘denial of service’ attacks and various service abuses. This is usually done by prompting the service requester to take necessary actions. DigitByte didn’t instantly become famous and took some time to come to the limelight. Tracing its market response, the recent developments are largely responsible for its sudden rise to fame. As for the notable upgrades on the blockchain, mention can be made of its listing on the global digital wallet app known as Abra. Interestingly, Abra is associated with some of the big names in the crypto world, such as Stellar (XLM) and Bitcoin Gold (BTG). Besides this, the coin has also been on Coingate, a renowned digital platform that permits payment integration on different sites.

Why Should You Watch Out for DigiByte?

DigiByte is one of the most underrated currencies in the cryptoverse. Discernibly, it strives to deliver much more than it promises. This currency has been greatly rewarding for the early investors, who have managed to cash in at the right time, especially in the initial days when it had not gained so much popularity. Considering the growth it has witnessed over the years, it comes across as a dynamic cryptocurrency in the market.

Bitcoin, the largest and hyped-up blockchain project, has a single mining algorithm, but DigiByte, a comparatively new currency in the market, boasts as many as five mining algorithms. The altcoin, which ranks 51 by market capitalization, is 40X times faster than Bitcoin. Also, the coin’s transaction fee is lower than BTC, which makes it an affordable alternative to overpriced options.

Equipped with more than 200,000 nodes, DigiByte features among the most decentralized blockchain available in the market. As per the price movements, DigiByte has recorded a consistent growth since it was introduced in 2014. Aside from occasional drops, the currency has shown incredible resilience, wherein it has made quick rebounds when the general market witnessed a price slump.

In terms of innovations, DigiByte has always outperformed its peers. Whether it is the leading-edge core wallet, the Android and iOS wallet, or important listings, DigiByte has enjoyed an unprecedented growth.  Speaking of DigiByte’s meteoric growth in the recent time, the lightning speed transaction speed draws special attention. While Bitcoin and other big names take over an hour to execute transactions, DGB users receive notifications within seconds.  As for the transaction speed, DigiByte can manage over 280 transactions per second, which is impossible to imagine with Bitcoin and its like. Above and beyond, transferring funds to other DigiByte token-holders can be done without any hassles since the registration process is incredibly simple requiring no elaborate procedures or hidden charges.

Upgrades on DigiByte Blockchain

DigiByte’s developers have been busy with the new Digi-ID solution, which promises to introduce exciting changes on the blockchain. The Digi-ID solution, which has become a talking point in the community, is powered by cryptography. While the blockchain technology can be deployed for many different purposes, the authentication models can largely benefit from it. Considering factors powerful algorithms, encryption, and transparency, the solution can be regarded as a game changer in many ways.

Looking at some of the latest developments on the blockchain, DigiByte’s listing on BiteBTC and the upgrade for mobile wallet can be highlighted. The mobile wallet launched by DigiByte team can be accessible from both Android and iOS devices.

Market Response 

Tracking the coins’ price movements, DigiByte’s performance has been disappointing, as it is still trading in the red. The coin which has slipped -3.92% from its earlier position is trading at $0.030414 as of May 29, 2018. The price slump came as a severe blow to many investors, but it is unlikely to be a cause of worry at the moment. Apparently, the entire market has witnessed a drop, sending many top market players in the red. With a market capitalization of $313,765,204 at the time of writing, the coin is gradually emerging to be a promising investment option in the crypto space.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors




When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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CoinFlip Scores Big with BRD Wallet Partnership




As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

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