Litecoin Price Nears $70 5235

Litecoin’s (LTC) price hit a one-month high on Monday amid a broader bullish tone in the cryptocurrency market.
The world’s seventh largest cryptocurrency by market capitalization reached $68.59 at 12:10:00 UTC – its highest price since August 7th, Litecoin Price Index – and was last seen trading at $68.18, up roughly 4.2 percent on the day.

The recent bullish mood in cryptocurrency markets could be attributed to bitcoin’s 20 percent rally from the August low of $6,000. More importantly, the world’s leading cryptocurrency by market capitalization is looking up, having witnessed a pennant breakout, as CoinDesk previously reported.

Litecoin’s market capitalization stands at $3.95 billion – its highest level since early August. The broader market is also flashing green. Names like bitcoin (BTC), bitcoin cash (BCH) and EOS are all recording price growth in the past 24 hours. Meanwhile, Monero (XMR) is the biggest gainer among the top 10 cryptocurrencies with a more than 10 percent price increase since yesterday.

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CryptoUniverse: We get profit when you get profit 16098

CryptoUniverse

We could not wait to present you the first part of the huge transformation. CryptoUniverse is always trying to reach the highest level of transparency, so you can feel every hash/second is running near you, but without any noise, heat or space taken from your home.

Let’s start the introduction from the main one. Meet the new balance management system. Collected experience and vision allowed us to make the step forward. From now, every account will have its own balances for different purposes in our ecosystem that you can easily manage as you want from the new page called “Balances”. This unique feature comes with a reworked electricity payment system. We made it as similar to your usual life routine as possible. All assets are still pre-paid, but you can fully control it within the new balance designed for electricity that is simply called “Electricity account”. There you will find not only the amount required to pay, but also real numbers of electricity in kilowatts consumed by any of your assets.

CryptoUniverse wants you to have access to as many instruments as possible.That is why we added the opportunity to make flexible and fixed savings not only in BTC, but in LTC too.  It grew by 500% in the last 6 months, so we all see again what results diversification can give. Beneficial and safe storage of your assets is one of our priorities.

New miners and contracts push your frontiers too. From now, the fee of our service is calculated in percents and is related to your mining income. It shows that we are interested in making mining as profitable for you as possible.

New instruments complicate user experience for some of us, so we thought it would be great to outweigh it by a significantly improved dashboard. Recent update includes a reworked “Dashboard” page and a new “Assets” page that can be used for managing and monitoring your assets in several clicks. There are dozens of other minor improvements, but we offer the intrigue to find it by yourself.

Our team worked a lot to make these changes possible, so we are pleased to hear any feedback on your experience with dashboard in social media or in support. To make your acquaintance more intense, use promo code GETPROFIT21. It provides you with a discount on our recent miners and contracts.

This is just the beginning, so keep an eye on it. Thank you for being with us.

About CryptoUniverse

CryptoUniverse.io is a multifunctional service created on 14 February, 2017. It gives users an opportunity to purchase or rent calculating power and equipment on its infrastructure. Company is based in Europe with headquarters in the United Kingdom and Estonia that guarantees operation within the European Union law and safety of users’ assets.

In Russia the company and its technical partners operate several clusters of modern data centers with an overall area of 38 000 square meters and more than 120 MW of overall power. It makes the services of CryptoUniverse.io high-quality and uninterrupted.

Main idea of the project is a simple and available opportunity to enter cryptocurrency mining by purchasing or renting calculating power. The service is also interesting for experienced miners because well-established logistics gives them an access to top-notch equipment that is already installed, tuned and ready to function in data centers of the company. Transparent operation and flexible offers to make clients experience comfortable are the main values of CryptoUniverse.

CryptoUniverse team is full of highly qualified professionals who polished all the processes, made service easy and convenient. 24/7 support extends boundaries for users who are not familiar with blockchain technology.    

CryptoUniverse. You buy, we pay.

Boost Your Business with Crypto and Finance Advertising 17578

Crypto Advertising Network

CoinAD.media – Crypto Advertising Network. Advertise your project on more than 200+ blockchain and crypto related websites. Audience 100% Crypto! Create your ads using our advertising platform and generate top quality leads to your websites from our enormous publisher network. You can control the target audience by configuring filters based on GEO, time, display devices.

At CoinAd Media we are confident that you are tired of spending a lot of money on advertising, increasing auction bids on Google Ads and other similar advertising services. And given the fact that it is impossible to advertise cryptocurrency services in Google Ads, we recommend that you turn to CoinAd Media for a service. Now CoinAd Media is collaborating with 200+ blockchain and crypto related websites. We offer CPC and CPM at the lowest prices on the market.

CPC – $0.10 per click.
CPM – $0.30 per 1000 impressions.

At CoinAd Media we do not have an auction for advertising bids. All banners of our advertisers are shown in turn, from the first banner to the last. Every advertiser of any budget can be sure to get the most impressions available throughout the day.

You can set minimum ad prices and get maximum clicks or impressions. At CoinAd Media you don’t have to chase the escalating auction price like you do with Google Ads and other similar ad services. Set a minimum price and get the maximum income.

Since we do not have an auction, it is very profitable for advertisers to purchase discount packages that are available in our marketplace. We have a large number of discount packages at different prices.

For example, you can buy the Small Banner Discount Package: CPC $0.08 and/or CPM $0.20.

You can buy the Business Banner Discount Package: CPC $0.06 and/or CPM $0.16.

Or buy the new and the most popular for today Big Discount Package 2021CPC $0.02 and/or CPM $0.08. This package will be enough for you at least 5 – 8 months of non-stop advertising campaign.

Immediately after purchasing a discount package, we will set a minimum price threshold for you and you can launch your advertising campaign at the price of your discount package.

We have many different discount including the News Distribution to Crypto Websites packages. Visit our marketplace and choose any advertising package that suits you and get advertising services at the lowest price on the market. Millions of users interested in cryptocurrency will see your ad.

The marketplace of CoinAd Media accepts payments in EUR, USD, BTC, ETH, LTC, XRP, USDT, USDC, BNB, PAX, LINK as well as any Bank or Credit Cards.

Save your money with the CoinAd Media Marketplace, get convenient and good advertising service with one click in your browser or mobile phone. We’ll take care of the rest.

80% of White Respondents Are Aware of Bitcoin Compared to 66% of Hispanics and 61% of Black Respondents, New Study by SimpleMoneyLyfe 18441

The research, which analyzed exclusive survey results and public databases, also discovered that males are more aware of Bitcoin than females, and 67% of Millennials favor Bitcoin over gold. The data encompasses results from November 2019 to January 2021 – making it the most comprehensive cryptocurrency study to date. Moreover, our data hits on topics that resonate with consumers, academia, and the private industry. The results shed light on a new narrative that has not been covered – one that reveals rampant disparity.

This SimpleMoneyLyfe Study also analyzed several other factors related to cryptocurrency and the broader blockchain industry.

Here is a quick snapshot of what our industry-leading research reveals:

Cryptocurrency Criminal Activity: Just 0.34% of Crypto’s Transaction Volume was Used for Criminal Activity. This equates to roughly 10 billion dollars.

Bitcoin Hoarders are Prevalent: 2% of Crypto Wallets Control 95% of all Bitcoin. This includes numerous governments, financial institutions, and early Bitcoin investors/miners.

Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).

Massive Blockchain Investments: As blockchain is accepted and utilized across different industries, the U.S. is poised to remain at the forefront of innovation. It is projected to spend $4.2 billion on blockchain solutions.

Complete Study Results: https://simplemoneylyfe.com/cryptocurrency-statistics

Simplemoneylyfe.com is a leading financial website that covers the blockchain, financial, and credit industries. We simplify complex financial topics into digestible (action-oriented) information.

Oasis Pro Markets LLC Receives U.S. Regulatory Approval for its Digital Security Alternative Trading System 18707

Oasis Pro Markets (“Oasis”), a regulated broker-dealer, announced today that it recently received approval from FINRA and the Securities & Exchange Commission (SEC) for its Digital Security Alternative Trading System (“ATS”).

Oasis is the first US-regulated ATS allowing Subscribers to trade digital (“blockchain”) securities and make payment for those digital securities in digital cash (i.e., Stablecoins such as USDC and DAI and, when available, central bank digital currencies (“CBDCs”) or fiat. Oasis’s ATS is authorized to allow its Subscribers to:

  1. Trade both registered and unregistered securities on the ATS
  2. Trade digital securities OTC
  3. Trade both equity and debt in digital form through the use of a blockchain
  4. Invest in initial private offerings that can be recorded on a blockchain

Approval for the ATS comes after working closely with the SEC and FINRA to ensure the platform offers legally compliant, regulated trading of digital securities.  Expected ATS launch date is Q2 2021.

“Obtaining approval with the world’s leading financial regulatory bodies has the potential to unleash a tremendous market opportunity; it advances investor protections, and coupled with digital cash, has the potential to unlock trillions of dollars of value in the digital securities space,” said Pat LaVecchia, CEO and Co-Chairman, Oasis Pro Markets. “Moving quickly with a regulation-first mindset, digital cash for digital security, and a deeply experienced team is a tremendous competitive advantage, and the only way to ensure that digital securities trading is viable long-term within the U.S. financial system.”

Oasis’s ATS provides access to liquid private and public digital security markets, via a secure interface that offers a range of custodians and digital security investments.  The ATS focuses on

  1. Institutional Quality Interface
  2. Overall Low Cost of Trading
  3. Liquidity with leading Market Makers
  4. Regulatory Protections
  5. Robust Technology

“Oasis’s ATS is set apart from other trading systems by the ability to accommodate Stablecoins and enable a more accessible, liquid, and transparent market for privately offered digital securities. We have worked tirelessly to deliver a low friction, digital security trading platform with streamlined onboarding and the type of volume that will excite issuers of securities and subscribers alike, whether accredited or institutional investors,” added Joseph Quintilian, Co-Chairman, Oasis Pro Markets.

“The only responsible path to successful financial industry adoption of blockchain’s advantages in digital securities trading, is through registered entities acknowledging the unmatched benefits and credibility that is provided by a regulated financial system,” said LaVecchia.

CES 2021 BayPay Rides Rise in Token Commerce with Its Simple, Fast, and Safe Payment Service 18653

BayPay is a technology company that builds economic infrastructure for blockchain with a promise to offering simple, fast, and safe payments, especially with the anticipated growth in token-based commerce during the COVID-19 pandemic, when people don’t necessarily want to hold physical money. BayPay’s Founder and CEO Scofield Yeh is positioning his company to reap the benefits of growth in the token economy. He said that, despite the fact that blockchain-related businesses are growing faster than the rest of the economy, only about 0.3 percent of global commerce happens on “chain” today.

“Regulatory complexity, a byzantine global financial system, and a shortage of engineers are constraining the impact of the token economy. Removing the barriers to token commerce helps more new businesses get started, expedites growth for existing companies, and increases economic output and trade globally. BayPay combines a payments platform with applications that put blockchain data at the heart of business operations,” Yeh said.

“Businesses of every size, from new startups to public companies, use our software to accept payments and manage their token businesses on chain,” he said.

He said that sitting atop BayPay’s blockchain platform are applications like the token, wallet, and cashier, which manage the lifecycle of the blockchain and deposit money into user bank accounts anywhere. BayPay includes a powerful API engine that makes transferring asset ownership easy. “Our SaaS (Software as a Service) infrastructure provides reliability, scalability, and security,” said Yeh.

NO-KEY

BayPay said that the biggest obstacle for users to enter the blockchain world is concerns related to establishing a wallet of their own such as managing private keys and remembering recovery phrases. By separating the two roles of identity authentication and authorization, BayPay allows users to use wallets as easily as using Gmail. It also allows companies to integrate token services into existing products to provide consistent user experiences.

NO-FEE

Yeh said the tokens issued by BayPay support the payment of fees by designated service providers, making it as easy for consumers as using ordinary points. “All transactions have costs. For example, the use of VISA cards incurs a fee charge of about 2%. Also, when the transaction fee is determined by the consumer and paid by the consumer using a token, it will confuse and inconvenience consumers. This is the current state of the token economy,” he said.

PAY-AS-YOU-GO

BayPay cloud service provides hundreds of application programming interfaces to assist your token economy operations as well as dozens of third-party integrated applications that help enterprises operate, including vouchers, discount coupons, gift certificates, meal coupons, redemption coupons, points, loyalty programs, and much more. The best part is that services are priced based on usage, without expensive program development costs and lengthy launch times.

Yeh noted that there are several ways to leverage BayPay. For example, it allows merchants, even those without blockchain knowledge such as POS retailers and e-commerce websites, to accept tokens as cash or to drop a link through chat or a Facebook post.

BayPay also helps ICO issuers improve the liquidity of their tokens. “Users can set the buyback price of their tokens and we will collect the tokens for them. There is no need to allocate manpower to work with your vendors and no more marketing subsidies need be spent on low-impact efforts.”

The company’s E2E also helps customers aggregate their spending power from separate sources and transfer their assets to whomever they want through the wallet. “No annoying private keys like with other wallets. All of the assets on BayPay are safeguarded by a hardware key vault.” Moreover, the B2B helps enterprises create stable coins as checks and deposit cash to their clients. This reduces the cost of accounting by adopting the distributed ledger services of blockchain. The innovative services of BayPay have earned the company selection by Taiwan Tech Arena (TTA) as one of the 100 featured Taiwanese startups showcased at CES 2021.

BayPay’s Founder and CEO Scofield Yeh is an experienced chief technology officer with specific skills in operations management, IT service management, business model development, management, and accounts management. Yeh is a strong information technology professional. He earned his executive master of Business Administration (EMBA) focused on entrepreneurship from National Taiwan University.

ACORD Solutions Group Launches Data Exchange Platform with First-of-Its-Kind Implementation by Aon & Zurich North America 18841

ACORD Solutions Group (ASG), the industry-owned subsidiary of ACORD, the standards-setting body for the global insurance industry, today announced the successful implementation of its ADEPT platform to perform automated, real-time premium accounting reconciliation between insurers and brokers. This market capability was developed working closely with some of the industry’s largest stakeholders, with the first data exchanged by professional services firm and broker Aon plc and carrier Zurich North America.

“While ACORD works closely with virtually all major brokers and carriers, we owe special gratitude to Aon and Zurich, who have been leading the way in defining and implementing this technology,” said Bijesh Jacob, SVP of Technology & Standards, ACORD. “Their contributions have been invaluable in launching an industry-wide platform to enable secure, digital data exchange and validation for brokers and carriers.”

Working with Aon and Zurich, ACORD recognized the common issues and themes associated with the premium settlement process. “The premium accounting process is a highly inefficient transactional service provided by brokers and carriers. Leveraging the Blockchain-based backbone of ADEPT will provide brokers and carriers with an industrial-strength platform to identify and resolve inconsistent transactions very early in the process. This industry innovation will not only drive out non-value-added cycles, but also provide clients a more seamless premium payment experience,” noted Mark Schmalzer, Aon’s Global Service Delivery Leader.

ADEPT (ACORD Data Exchange Platform & Translator) offers a secure, decentralized storage and access service which acts as a ‘single source of truth,’ enabling participants to verify payment information. By structuring, translating, and validating the data in real time, ADEPT greatly reduces the time and cost of reconciliation.

“The insurance industry is experiencing unprecedented change and technology is unlocking new and efficient ways of conducting business,” said Tracey Bailey, Billing Solutions Lead, Zurich North America and project manager for Zurich’s implementation of the ADEPT platform.

“The ACORD ADEPT solution is well aligned with Zurich’s continued efforts to improve our customer experience and broker interactions through innovation. We are proud to be on the front end of this journey with ACORD and Aon and are excited about ADEPT’s continued adoption within the insurance industry.”

ADEPT is a market capability which leverages the industry-accepted ACORD Data Standards to link trading partners with real-time data exchange, transformation, and validation. Although extracting inefficiencies from the premium accounting process provides significant value for the trading partners, it only provides a glimpse of transformational functionality to come. Now that a central matching mechanism for policies is created, future use-cases may include claims, placing and other critical insurance processes covering all major lines of business.

“We are honored to help pioneer the first data exchanged on the ADEPT platform. Our collaboration with ACORD showcases Aon’s continued commitment to innovation within the insurance industry,” said Joe Propati, Chief Operating Officer for North America, Aon. “This technology will change the way we do business, boosting efficiency for insurance carriers and brokers all while protecting the integrity of the data.”

“Thanks to the efforts of these visionary organizations, ADEPT is now in production and able to support millions of transactions,” Jacob added. “By improving operational efficiencies, strategic positioning, and customer satisfaction, ADEPT will truly transform the operating economics of our industry.”