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NEO Coin News: Two New Tokens to Expand NEO Ecosystem

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NEO Coin News
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NGD (NEO Global Development) has released a monthly report for September on October 1st. The monthly reports are designed to inform NEO’s community regarding new events, progress, and development regarding the project.

Five NEO coin news in September

According to NGD’s report, NEO has had five noteworthy events in September. The first one includes the release of NEO-CLI v2.9.0. This is a full node program which represents NEO’s first client that allows the use of the actor model. I

ts refactored code is seen as a method of ‘setting the stage’ for block times with more stability. It is also expected to bring additional performance-based benefits for the entire blockchain.

The second NEO coin news of note in September includes the creation of two assets — CGAS and CNEO. These assets are expected to allow developers to transact GAS and NEO equivalents via smart contracts.

Next, NEO Global Development also launched its own bounty program. With an increase in a number of hacking incidents in the entire crypto world throughout the year, it is easy to see why NEO wants improved security for its blockchain. NGD promised rewards for flaws, with the size of a reward depending on the severity of uncovered flaws.

The fourth NEO coin news includes a competition for creative design of NEO website and icon. The contest is still on-going, and it will remain so for ten more days, ending on October 14. The prize for winning the contest is $30,000.

Finally, the last big event in September includes nine additional team members that NGD hired upon announcing job openings. Even though NGD already hired these nine individuals, it remains on the lookout for new talents, according to their recent announcement.

The report also mentions additional development, which includes a Swisscom consensus node that was added for NEO TestNet.

Past events regarding NEO community

NEO is a busy blockchain, with a lot of community events. These include hackathons, workshops, worldwide meetups, conferences, and alike. NGD participated directly in thirteen of these events during last month. The events were held in numerous countries, including Georgia, Singapore, China, Korea, Japan, Uruguay, and Malaysia.

Future events regarding NEO community

While NEO has had quite a lot of community events throughout September, even more of them are scheduled to occur in the following weeks.

One of them is the European hackathon tour, which is scheduled to begin on October 20th. The tour will start in Rotterdam and Delft, and from there, it is set to go to Berlin (October 26 and 27), and then Zurich (November 3 and 4).

Participants will receive a total of 4,050 GAS and 1,500 NEO in prizes. The prizes will be shared across three events during the tour.

On October 26, Berlin will also host NEO Meetup. Additionally, NEO has scheduled the fifth ‘Blockchain Open Course’, which is expected to be held on October 20th in Shanghai, China.

Those interested in reading the full NGD monthly report can do it by clicking HERE.

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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.

Image courtesy of Picman2/Pixabay

Altcoins

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

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Aluna.Social
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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,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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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…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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