The cryptocurrency market is not predictable as inevitable changes develop continually. But one blockchain project that’s become the talked-about pet of the market and has been consistent in making headlines lately is Ripple. Of course, the credit goes to its team and the head – they tend to stay engaged and build trust as it should be done.
Now, Ripple has come to the lights yet again. Mars Finance, in collaboration with Chinese investors, is set to hold a Blockchain Summit on Oct 18, 2018, in New York. It is important to know that the upcoming Summit will host great Fintech companies, global leaders in the financial sector of the world from Wall Street, China, and the investment industry.
The Summit is set to hold for a day, and the discussion would primarily be on the “Next Step” to attain the tipping-point for the blockchain industry of the world and how to stabilize the world’s financial market. Other discussions could be on stable-coins and how the blockchain industry can be governed effectively.
Moving forward, the Summit might include a discussion with Ripple, Morgan Stanley, NASDAQ, Standard & Poor’s, Barclays, and Digital Galaxy. On a relevant note, the founder of Mars Finance, Fred Wang, is aiming at increasing the reach of Mars Finance to other parts of the world by creating a Mars Finance US Edition that will also be unveiled during the Summit.
On that view, Mars Finance will not only be featured in China alone but also in the United States, as this will further boost the importance of blockchain and link-up blockchain enthusiasts in the crypto-sphere.
Invited personalities from China that are going to be available for the Mars Blockchain Summit include: Dao Yuan, Chairman of Zhongguancun Blockchain Industry Alliance; Shuoji Zhou, a well-renowned personality in China’s blockchain Industry and the CEO of FBG Capital; Chuanwei Zou, Chief Economist at Bitmain; Tianyuan Wei, Partner of Sharp-Eye Capital; and Feng Han, of Elastos.
Other notable personalities that are expected to attend the event also include, the CEO of Ripple (XRP), Brad Garlinghouse, CEO of Coinbase, Brain Armstrong, Winklevoss Brothers, Katina Stefanova of Marto Capital, Danny Aranda, an executive at Ripple (XRP), and Eugenio Gomez, a Financial Professional at Harvard Law School.
Ripple is like nasa in 1969
— Мichaelfeger (@mikefeg95) October 15, 2018
Subsequently, the upcoming Mars Finance blockchain Summit is expected to be a bigger-scale event, and companies such as DFG, Sharp-Eye Capital, Consensus Lab, EUB Chain, and Crypto Capital will also co-host the event together with Mars Finance. Another attractive side-event that will be added to the Summit’s theme is an all-night cocktail party, which will attract investors to exchange pleasantries.
That aside, the Chinese cryptocurrency frontrunners (as well as others such as the head of Ripple) will get to meet great investors and FinTech institutions from WallStreet. There are no doubts that the upcoming Mars Finance Blockchain Summit will be another important event in the blockchain world.
It could set a new landmark in the blockchain industry. Will blockchain be implemented in the traditional finance system soon since things are catching a good bit of steam now? Well, only time will tell on that, and as the Mars Finance US Edition is set to be released, the event might play an essential role in that cause.
But one thing is for sure, the CEO Ripple, Brad Garlinghouse is on a mission to revolutionize how the world deals with finance currently. And, he is trying not to miss a single opportunity to boost the awareness and mass adoption of the blockchain platform he leads.
XRP’s Price Overview
After a significant dip experienced by the market last week including XRP, Ripple is recovering gradually. At the time of writing, XRP is in the green and has increased by 5.84% over the previous 24 hours. At the press time, Ripple’s digital currency token is priced at $0.465 with a market capitalization of $18,609,913,871. The crypto is the best gainer among all top digital currencies if we take last 24 hours’ price performance in the account.
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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.
[Photo source: marsfinance.net/newsdetail/20181010102117402005.html]
Bitcoin Investors – Keep Your Eyes on Inheritance Tax
The IRS recently warned crypto investors to pay their bitcoin taxes or amend returns that have been misreported. By sending out warning letters, the IRS essentially put the magnifying glass on all crypto investors.
This magnifying glass is about to get even bigger following a recent court order delivered on August 26 by a Florida court. If you are a crypto enthusiast, then you have likely heard of Craig Wright, an Australian computer scientist who has attracted criticism over his claim that he is the mysterious bitcoin inventor, Satoshi Nakamoto.
Craig “Satoshi” Wright was sued by the estate of his former business partner, the late Dave Kleiman. Kleiman is a bitcoin pioneer who died in 2013. Before his death, Dave and Wright had allegedly mined over a million bitcoins together.
Craig Wright to hand over 500,000 BTC worth over $5 billion
In the August 26 order, Judge Bruce Reinhart of the Southern District Court of Florida said that Wright should hand over half of the bitcoin (BTC) that he and Dave had mined before the latter’s death.
That’s 50% of the 1.1 million bitcoins Craig Wright and Dave Kleiman allegedly mined together going to the plaintiff – Dave’s brother, Ira Kleiman. Ira…
How Will Mozilla’s Firefox Private Network Affect the VPN Market?
Mozilla announced earlier this month that its web browser, Firefox will block third-party trackers for everyone by default. And last week, the company announced another interesting product that could revolutionize the browser market.
The new product dubbed Firefox Private Network will act like a virtual private network (VPN) although the company thinks what it is building is something different from the conventional VPN. The new product is expected to give Firefox users more privacy online by providing an encrypted path to the web.
One major difference between the Firefox Private Network and the traditional VPN is that Mozilla’s product is web-based, which means you can only access its services when browsing the internet using the Firefox browser.
This presents an interesting challenge to other developers of web platforms including Google Chrome, Microsft Edge, and Apple’s Safari, among others. It also poses a potential threat to VPN service providers since this could be a substitute product to the already existing services.
The company recommends its new product to those using public Wi-Fi or those that want to hide from ad trackers. Nonetheless, this is not a comprehensive VPN service and will be a huge let-off for VPN providers.
In addition, while the service is available originally free on beta, Mozilla said that this is only for a limited time. So, clearly, a premium service will eventually replace the free pilot…
eToroX Review: A Top Cryptocurrency Exchange
eToroX is a digital assets exchange which features a cryptocurrency trading exchange as well as a crypto wallet. eToroX is created by the same group that operates the eToro forex and CFD social trading platform, but this Exchange is for trading, buying, selling and exchange of cryptocurrencies and blockchain-based/tokenized assets.
Regulation and Ownership
The crypto wallet and exchange services offered by eToroX (a company incorporated in Gibraltar and owned and operated by the eToro Group) are regulated by the Gibraltar Financial Services Commission. eToro X is a regulated DLT provider with licence number FSC1333B.
Two types of fees are incurred by eToroX users: exchange fees and wallet fees. Exchange fees relate to deposit/withdrawal transactions and charges on trading activity. eToroX does not charge for deposits. Trading fees are either maker (limit orders) or taker fees (market orders). Maker/taker fees are tiered and are adjusted by trading volume.