Coingate and PrestaShop Partnership Promises Cryptocurrency Acceptance in 80,000 Online Stores (CryptoCoinSpy.com)
Earlier today, Coingate and PrestaShop announced a partnership plan that will integrate Coingate into the Prestabase’s backend payment infrastructure. This will allow merchants using PrestaShop to accept cryptocurrencies as a method of payment at any of Prestagate’s 80,000+ stores located throughout Europe. Coingate is a cryptocurrency exchange based in Vilnius, Lithuania. It currently supports Bitcoin and forty-three different altcoins including the “Big Three”: Ethereum, Ripple, and Litecoin. It provides exchange rates for forty-four different currencies including Bitcoin, Ethereum, Ripple, and Litecoin and forty fiat currencies. Coingate currently has an estimated 50,000 users worldwide. PrestaShop is an ecommerce platform providing payment solutions to over 250,000 online stores in almost two hundred countries. PrestaShop software is open source and available free of charge and has recently launched a blockchain-based traceability system called PrestaTrust to allow module developers to determine if support requests originate from customers who have legitimately purchased their software.
Ubank Launches Blockchain-Based Platform to Enable Mass Consumer Investment in Cryptocurrency (BTCManager.com)
Ubank launches a Token Sale for Ubcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors simply by selling real goods and receiving cryptocurrency in exchange. The team behind the mobile payments app Ubank expands its business and launches a blockchain ecosystem called Ubcoin Market. Its participants would be able to easily sell and buy real goods in exchange for cryptocurrency. The Token Sale is listed and favorably reviewed on foundico.com, icobazaar.com, and other rating platforms. Ubcoin Market bridges the gap between crypto and real worlds. On one hand, those who are not well-versed in blockchain will be able to become crypto investors in an easy and safe manner, and, on the other hand, experienced members of the decentralized universe will be empowered to spend their crypto wealth without converting it to fiat currencies.
How Machine Learning Can Stop Cryptocurrency Mining Malware (CryptoDaily.co.uk)
A report out this week by Jon Oliver and Menard Oseña named; Cluster of Coins discusses how Machine Learning within networks can be used to detect cryptocurrency-mining malware and malicious attempts to mine coins. In terms of cybersecurity, measures need to be put in place to prevent any malicious occurrences within the blockchain, not only for the prevention of people getting ripped off but also for the maintenance of the transparent world cryptocurrency promises. Cryptocurrencies can’t be adopted by the real world if safety can’t be ensured, that’s why work by people like Oliver and Oseña is paramount in ensuring the longevity of the cryptocurrency world.
ERC20 Tokens Surge Ahead of New Coinbase Listings (News.Bitcoin.com)
Coinbase is poised to list its first new crypto assets of 2018 and one coin that’s unlikely to make the list is ripple. The U.S. exchange, whose CEO Brian Armstrong is known for his love of all things ethereum, has all but confirmed that its next additions will be ERC20 tokens. 0x and REP (Augur’s native token) surged in price as investors hone in on the likeliest tokens to make the cut.
New Bill May Pave the Way for Cryptocurrency Payments in Russia (CoinGeek.com)
A draft bill aiming to protect the rights of cryptocurrency owners was introduced by the minister of finance in Russia, in hopes of boosting cryptocurrency trade in the country. Apart from protection, the bill is expected to regulate the use of “digital money” for payments in the country, according to reports. Bill No424632-7 shines a light on various cryptocurrency-related activities in the country, such as defining cryptocurrency as digital money and outlining digital rights of digital assets owners. According to the ministry, the bill will allow authorities to tax the digital currencies to support the state budget. It also deals with other matters like inheritance rights and bankrupt claims of cryptocurrencies.
