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  • Romanian crypto project LANCERIA reveals native token LANC available in 180 countries

    Romanian crypto project LANCERIA reveals native token LANC available in 180 countries

    Romanian cryptocurrency LANC is available for purchase in over 180 countries, following the partnership between Lanceria and the local exchange CryptoCoin.PRO.

    Crypto exchange

    LANCERIA, the Romanian technology project dedicated to the freelancing ecosystem, announces that its native token LANC, can now be bought directly by credit card and bank transfer, in over 180 countries around the world, based on the partnership between the platform and the exchange CryptoCoin.PRO.

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    Lanceria is one of latest projects developed with blockchain technology, an entrepreneurial initiative which managed to gather funding of over one million dollars from the community and investors, in less than a month since its inception. According to the company’s representatives, the partnership opens the cryptocurrency operations to freelancers and companies alike on the marketplace where Lanceria operates.

    According to Coinmarketcap.com, Lanceria is an AI-enabled low-commission freelancing marketplace. The platform, which is currently under development, will remove fees from contractors and keep commission minimal on the employer side, while also working to build machine learning-based tools to match every freelancer with the perfect gig. Built by former freelancers with ample blockchain and AI experience, the company aims to transform the freelancing ecosystem with trust and transparency. If you would like to know where to buy Lanceria, other top exchanges for trading in Lanceria are currently CoinTiger, BitMart, DigiFinex, PancakeSwap (V2), and ProBit Global

  • Richard Branson and Virgin Galactic ready to set historic spaceflight

    Richard Branson and Virgin Galactic ready to set historic spaceflight

    Virgin Galactic’s mission set to launch billionaire Richard Branson to space has been delayed by 90 minutes as the spaceplane could not be made it in time due to a thunderstorm. The launch, scheduled for 16.30 CET (14:30 GMT), is streamed live on internet.

    SpaceShipTwo-class VSS Unity

    It is the company’s first fully manned space trip after 22 test flights (three of which with crew on board). Branson will join two pilots and three other crew members.

    VSS Unity – a SpaceShipTwo-type spaceplane – will be lifted off by a carrier mother ship “White Knight Two” (VMS Eve) to a altitude of 15 kilometers, roughly one and a half times the height of an intercontinental commercial flight. Then it shoots up to an altitude of 88 kilometers, in the proximity of the edge of space. The Kármán line is an attempt to define a boundary between Earth’s atmosphere and outer space. The US Air Force and NASA define the boundary as 50 miles (80 km) above sea level.

    The Unity 22 mission’s crew will see the curvature of the Earth and the darkness of the outer space. They will also feel weightlessness for about 4 minutes. In overall, the journey takes about one and a half hours.
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    Space tourism

    Branson wants to offer these space flights to wealthy tourists. Several hundred tickets have already been sold so far at a price of $250,000 per seat.

    Branson’s space travel emerges just a week before Amazon billionaire Jeff Bezos scheduled his own launch aboard a Blue Origin spacecraft. Bezos plans to travel a little further up to an altitude of 100 kilometers, which many scientists see as the real frontier of space.

    Branson spoke previously of a friendly rivalry between him, Bezos and Tesla CEO Elon Musk. Bezos wished Branson good luck and a safe flight yesterday via Instagram. Musk tweeted “Have a good trip & Godspeed” to Branson and wished him well. Musk has planned a manned flight for September this year.

  • Ridesharing company Didi Chuxing investigated in China over data security in its taxi-app

    Ridesharing company Didi Chuxing investigated in China over data security in its taxi-app

    The stock of the Chinese ride-hailing company Didi Chuxing has fallen hard on Wall Street. More than half an hour after opening, the share was down 27 percent. The panic on the stock market is big, because the Chinese government has been cracking down on the company’s app in recent days.

    Didi Chuxing’s app under investigation (pic: lynx.nl)

    The problems started last Friday when the internet regulator in China announced that an investigation into the company would be launched with the aim of “ensuring protection of national data security”. For the duration of the investigation, the company is not allowed to register new users.

    The announcement could hardly have been more unfortunate: earlier that week, on Wednesday, the Didi Chuxing’s IPO had just taken place with company raising $4.4 billion.

    Last Sunday it became clear that the app of the taxi service is in troubles as the regulator said it “violates rules regarding the collection and use of personal information”. Digital app stores in China were then ordered to remove the app from their offer.

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    ‘Targeted action’

    “It seems a targeted action,” a Hong Kong fund manager told the British business newspaper. “People wonder if Beijing is angry that big tech companies are choosing to go overseas.”

    Regulators were unable to stop the IPO, but according to media sources, the announced investigation and the order to remove the app from download app stores should be seen as “punishment” for ignoring warnings.

    The Wall Street Journal reports that China announced new, stricter rules for companies that want to sell shares abroad. Supervision is also being tightened. The newspaper concludes that this could make it more difficult for Chinese companies to raise money in the US.

  • Canada gives green light to world’s first Bitcoin ETF. All eyes on the US SEC

    Canada gives green light to world’s first Bitcoin ETF. All eyes on the US SEC

    Canada does not waste time as the Ontario Securities Commission (OSC) approved the world’s first Bitcoin ETF (Exchange Traded Fund) on Thursday.

    Illustration of digital currency Bitcoin (photo: pcmag.com)

    The country’s main financial regulator gave green light to the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments Inc. announced in a statement with OSC confirming later the news.

    The Purpose Bitcoin ETF will seek to replicate the performance of the price of bitcoin, minus the ETF’s fees and expenses, according to a fact sheet posted by the company. It will trade on the Toronto stock exchange under the label “BTCC.”
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    “The ETF will be the first in the world to invest directly in physically settled Bitcoin, not derivatives, allowing investors easy and efficient access to the emerging asset class of cryptocurrency,” said Purpose Investments adding that “the fund has been created to buy and hold substantially all of its assets in long-term holdings of Bitcoin and seeks to provide holders of ETF Units (“Unitholders”) with the opportunity for long-term capital appreciation”.

    Cidel Trust Company will be the custodian of the ETF while Tyler and Cameron Winklevoss’ Gemini Trust Company will be the sub-custodian. Ernst and Young will be the auditor of the ETF.


    “Gotta love their liberal regulators, or perhaps they’re normal and SEC too conservative. Either way US usually follows shortly after. Good sign for US bitcoin ETF. Big win for @winklevosscap. H/t @NateGeraci”, tweeted Eric Balchunas, senior ETF analyst at Bloomberg.

  • Bitcoin network consumes more electricity than Argentina

    Bitcoin network consumes more electricity than Argentina

    Bitcoin uses more electricity annually than Argentina, according to a Cambridge University analysis quoted by the BBC.

    Bitcoin (credit photo: wikimedia commons)

    Creation of cryptocurrencies requires consumption of energy, because it involves complex calculations performed by computers to verify transactions and record them into blockchain.

    Cambridge researchers say that the industry consumes about 121.36 terawatt-hours (TWh) per year and that consumption is unlikely to decrease if the value of the currency does not decrease. Various critics say Tesla’s decision to invest heavily in Bitcoin undermines its environmentally friendly image.

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    As prices rise, so does energy consumption, according to Michel Rauchs, a researcher at The Cambridge Center for Alternative Finance.

    The financial analysis online tool ranked bitcoin’s electricity consumption over that of Argentina (121 TWh), the Netherlands (108.8 TWh) and the United Arab Emirates (113.20 TWh) and close to that of Norway (122.20 TWh).

    Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin cryptocurrency wallet software. Transactions are recorded into a distributed, replicated public database known as the blockchain, with consensus achieved by a proof-of-work system called mining.

    To mine Bitcoin, high power computers are connected to the cryptocurrency network with the task of verifying the transactions. The process involves solving complex puzzles which help ensuring that no one could fraudulently alter the overall record of transactions. As a reward, the miners receive small amounts of Bitcoin in a process often resembling a lottery

  • COVID Radar: LUMC released app that monitors coronavirus outbreak in Netherlands

    COVID Radar: LUMC released app that monitors coronavirus outbreak in Netherlands

    Leiden University Medical Center (LUMC) has released an app that collects data about complaints and human behavior. With the COVID Radar app, the LUMC wants to get a good picture of how the coronavirus spreads in the Netherlands.

    Coronavirus map Netherlands (RIVM)

    The app is intended to answer a total of fifteen questions about health and behavior. In this way, researchers hope to gain more insight into how the epidemic develops, who is at greater risk, the effect of social distancing and where and when the hospital can expect a demand for care.
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    Initially, the LUMC will use the data to gain insight into the distribution and context in its own region. The national data set is also available for other medical institutions and research centers.

    Several hospitals use apps to monitor the corona virus epidemic. The coronacheckapp that the Onze Lieve Vrouwen Gasthuis (OLVG) introduced earlier this month for residents of the municipality of Amsterdam, was already used more than a million times on Tuesday.

  • ProteGO: Polish coronavirus app uses bluetooth to prevent and trace COVID-19 infections

    ProteGO: Polish coronavirus app uses bluetooth to prevent and trace COVID-19 infections

    Poland is working on an application to monitor the spread of the novel coronavirus using smartphones. As far as is known, it is the second European country that will use bluetooth signals to keep track of people’s proximity and thus trace the infections.

    Smartphones (pic: wikimedia)

    Because the smartphones interact via the bluetooth signals, the app is able to alert people when they get too close to each other. The collected data is stored encrypted for two weeks.

    If a user reports in the app that he/she is infected with the novel corona virus, other users will be notified. They do not see which person has contracted the virus, but they are warned in this way.
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    The Polish Ministry of Digital Affairs said in a statement on Friday that the app is not used to collect personal data from citizens or determine their location. It is unclear when the ProteGO app will be available.

    For the time being, 3,149 infections with the coronavirus have been reported in Poland. 59 people died from the effects of the coronavirus.

    Earlier this week, it was announced that Germany wants to release a similar app. The technology should be ready for use within a few weeks. In Singapore, a similar app is used to warn people when an infection is identified.

  • Juventus Torino wants to use blockchain technology and launch own cryptocurrency

    Juventus Torino wants to use blockchain technology and launch own cryptocurrency

    The Italian football club Juventus Torino wants to develop its own cryptocoin “through which fans around the world could make their voice heard,” according to the description of the blockchain-based project.

    Bitcoin Ethereum Cryptocoins Pile Stash
    Juventus Torino wants to release “Official Fan Token” (pic: totalcrypto.io)

    The team will partner with Socios.com, a platform specialized in digital coins for fans, to issue a cryptocurrency called “Juventus Official Fan Token“.

    Juventus, which has just acquired Cristiano Ronaldo, is one of the world’s most renowned soccer teams, and club’s officials say that the project aims at attracting more fans and allowing supporters outside Europe to have a better experience and a more direct engagement, according to a press release posted on the team’s website.
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    As for Socios.com, the platform wants to create a blockchain technology system whereby football fans can vote for a variety activities of their favorite team using digital coins.

    Giorgio Ricci, Co-Chief Revenue Officer, Head of Global Partnerships and Corporate Revenues of Juventus said: “Juventus is glad to welcome Socios.com to our partners. At the Club we are always very careful and pro-active towards innovation and new technologies. Together with Socios.com, we believe that we can offer new opportunities to our worldwide fan base to engage in cutting-edge way with their favourite club.”

    Alexandre Dreyfus, CEO & Founder of Socios.com added: “As one of the biggest and most successful football clubs in the world, I am delighted that Juventus has chosen to work with Socios.com, and to seek the rewards that our innovative blockchain technology has to offer.”