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Cryptocurrency Going For A Song On Bitcoin’s 10th Birthday

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– eToro launches unique karaoke cash machine that ditches the pin and asks users to sing for free bitcoin –

eToro, the global investment platform with over ten million registered users, is helping Brits celebrate the tenth anniversary of Bitcoin today by giving away £10,000 worth of the cryptocurrency via a unique ATM machine that’s activated by song.

The machine, that responds when people sing ‘Happy Birthday’ to it, has popped up today (31st October) in London’s Finsbury Avenue Square, 10 years to the day that Bitcoin’s whitepaper was released. The ATM is offering vouchers worth between £20 and £250 in bitcoin to successful singers stepping up to its screen and creating sweet har-money.

As well as grabbing free bitcoin rewards, people who visit the ATM can opt to have their singing experience captured on camera for sharing on their social channels with a chance to win a further £1,000 in bitcoin currency.

The first of its kind song-activated ATM was made by a specialist team of computer programmers, tech experts and sound engineers. Using advanced audio and voice technology, the ATM detects when a specific melody is being sung to it, in this instance the song ‘happy birthday’ and the volume of the singing. A digital display on the ATM lets users know how loudly they are singing, whether they need to increase their volume and how much of the song they need to complete to activate the dispenser.

Publicly announced in 2008 in a white paper entitled Bitcoin: A peer to peer electronic cash system written by an anonymous developer called Satoshi Nakamoto, bitcoin was the first cryptocurrency, allowing people to send and receive payments from one party to another without going through a financial institution. Whilst eToro’s innovative ATM celebrates the ground-breaking 10-year history of bitcoin, the musical machine also looks to the future, encouraging people to explore the possibilities of a currency designed for the digital age.

Iqbal V. Gandham, UK Managing Director at eToro says: “Bitcoin has demonstrated resilience over the past decade and remains the world’s dominant crypto. In the next 10 years we could well see the mass adoption of bitcoin for payments and money transfer.

“Currently, the level of understanding of crypto is one of the barriers to wide-scale user adoption of, and investment in, cryptoassets. It’s a barrier that we’ve looked to address at eToro as part of our vision of opening up global markets to everyone. Our ATM machine is a fitting and fun celebration of bitcoin’s 10-year anniversary, and one that we hope will give even more people the opportunity to learn about crypto.”

  • WHAT: The eToro Bitcoin Birthday ATM is free to use and is available on a first-sing-first-win basis. Those who can demonstrate their singing skills will be in with a chance of receiving a voucher for the equivalent amount in bitcoin.
  • WHERE: Finsbury Avenue Square, Broadgate, London
  • WHEN: From 11am, 31st October

About eToro:

eToro empowers people to invest on their own terms. The platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. eToro is a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.

eToro is regulated in Europe by Cyprus Securities and Exchange Commission and regulated by the Financial Conduct Authority in the UK.

www.etoro.com

Cryptoassets are a highly volatile, non-regulated investment product and are not appropriate for all investors. No EU investor protection. Your capital is at risk. Past performance is not an indication of future results.

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eToroX launches gold and silver stablecoins

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– Broadens range of assets available on their secure, regulated exchange –

eToroX, the blockchain division of global investment company eToro, has today announced the addition of two commodity-stablecoins – eToro Gold (GOLDX) and eToro Silver (SLVX), two further fiat-stablecoins – eToro Ruble (RUBX) and eToro Yuan (CNYX) – plus 15 fiat pairs to its crypto exchange.

Commenting on the news, Yoni Assia, Co-founder and CEO of eToro, said: The blockchain brings transparency and a new paradigm for asset ownership. We believe this is the future of finance and we’ll see the greatest transfer of wealth ever onto the blockchain.

“One of the key obstacles that cryptoassets need to overcome for mainstream adoption is price stability. Stablecoins largely eliminate this hurdle, creating a more user-friendly way to interact with the blockchain. By adding eToro Gold and eToro Silver and expanding our fiat-stablecoin range to 10, we are demonstrating the vast potential offered by tokenized assets.”

The new instruments added to the eToroX exchange are:

  • 2 commodity-stablecoins: eToro Gold (GOLDX) and eToro Silver (SLVX)
  • 2 new fiat-stablecoins: eToro Ruble (RUBX) and eToro Yuan (CNYX)
  • 17 fiat pairs: USDEX-EURX, USDEX-GBPX, USDEX-JPYX, USDEX-CHFX, USDEX-AUDX, USDEX-NZDX, USDEX-CADX, USDEX-RUBX, USDEX-CNYX, EURX-GBPX, EURX-JPYX, EUR-CHF, EURX-AUDX, EURX-NZDX, EURX-CADX, GOLDX-USDEX…
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Simplicity, transparency and low risk: Here’s why Popular Investor Enmanuel Bautista chose eToro

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Enmanuel (@big-profits) from the Dominican Republic has been in finance for all of his adult life. After reviewing several online trading platforms, he decided to focus on eToro, because of the platform’s ease of use and transparency. We asked him a few questions about his trading habits and strategies:

66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

  1. Tell us a little bit about yourself

I am Enmanuel Bautista from the Dominican Republic, owner of a leading online Latin loan company. I dedicate myself to the business of finance (personal loans) and trading. Since I was a child, one of my goals has been to be independent, and eToro has helped me achieve this goal. I have never been an employee and I have been in the financial business since I was 17.

  1. Did you have previous experience with financial investments before joining eToro?

Yes, I used to make investments in local banks and local exchanges. In 2010, I began buying my local currency pairs EUR/DOP and USD/DOP without leverage. After that, in 2012, I tested some online brokers (3 including eToro) with binary options and trading with leverage. Following a large loss with high risk trading…

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Basic Income Earth Network welcomes GoodDollar into community as first blockchain-based project at UBI-Nordic

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GoodDollar reached a key milestone in early April by becoming the first blockchain-based project to present at an international Basic Income Earth Network(BIEN) event. The general reaction at UBI-Nordic 2019, held in Oslo between April 5 and 7 and hosted by BIEN Norway, was encouraging, according to Dr. Sarath Davala, Vice Chairman of BIEN.

“I believe it was the first time anyone from outside our regular basic income community made a presentation about blockchain and universal basic income (UBI),” he said of GoodDollar’s appearance at the three-day summit, a key event in the UBI calendar.

Strong starting point: Dr. Sarath Davala, Vice President of BIEN, said that GoodDollar’s presentation at UBI-Nordic was encouraging

BIEN was established in London in 1986 by Belgian political economist Philippe Van Parijs, and for over three decades its group of progressive-minded academics has promoted the idea of UBI.

That GoodDollar was invited to speak at UBI-Nordic and introduce itself to the basic income community, was a landmark moment for the not-for-profit research hub, which explores how decentralized cryptocurrencies and blockchain technology may enable models based on UBI.

Like most members and affiliate projects within the basic income community, GoodDollar’s driving aim is to reduce wealth inequality – yet using a global-first approach. Dr Davala, the coordinator for India Network for…

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