GamerHash receives the maximum amount for its ICO

GamerHash receives the maximum amount for its ICO and becomes the first EU company to be licensed in Malta

The latest developments of GamerHash and its GamerCoin (GHX) strengthen its market position as a reference platform for gamers who wish to use their unused computing power for mining. Recently, the platform has had two major reasons to rejoice. The first is the receipt of a $2.8 million price for the private sale of its GamerCoin (GHX) token based on the ERC-20. At the same time, the Bitcoin Revolution company won another spectacular victory: the project’s white paper was approved by the Maltese Financial Services Authority. The GHX may be the first tpken in the EU to be listed under the new legal framework!

A new chapter for the GamerCoin

Thanks to the popularity of the GamerHash platform among gamers (more than 500,000 users), the removal of all technological barriers to mining and the carefully presented future steps, investors quickly joined the private sale. The $2.8 million raised means that the private sale has already been completed, as this is the maximum amount of the ICO, also known as the „hard cap“. We can therefore expect that the GHX token will soon be listed on one of the best exchanges in the market. However, the measure of success of this crypto project must also be seen through the prism of transparency and legal compliance. In this sense, the development of the project is revolutionary, as GamerHash paves the way for other European crypto-currency companies.

Legal compliance in Malta

Malta is widely regarded as a blockchain island and a pro-Crypto country. To obtain a licence from the Maltese financial authority, a crypto-money company has to go through a long and demanding process. The authorities undoubtedly apply the highest standards of integrity in project supervision, thus ensuring that investors have confidence in the project. Unfortunately, many projects have failed to meet these expectations.

The process of proving the transparency and reliability of GamerHash (and the three legal teams) for the registration of the white paper involved many issues such as operational, functional, legal, compliance and anti-money laundering bases. On the technical side, a technical review of the Smart Contract was carried out; its 216 pages show how detailed the process was.

The undoubted success of the registration of the White Paper with MFSA [Malta Financial Services Authority] is the last step before the GHX token is produced and registered on a reputable trading platform. With only a handful of companies having obtained the Maltese licence, this means that GamerCoin will be the first EU project to launch a token while fully complying with the Maltese legal system.

Zero to Blockchain: the online training course on blockchain promoted by Acta Fintech

Acta Fintech’s Blockchain Certification Program to explain the basics of Blockchain technology and digital assets

„Zero to Blockchain“ is the online on-demand training course that aims to explain the basics of blockchain technology and digital assets.

Together with other emerging technologies, blockchain technology is considered by experts around the world to be one of the most promising for business and social development in the coming years. Starting from basic concepts, the programme will address technological, financial, application, legal and fiscal issues.

Upon completion of the programme participants will be able to understand the foundations of this innovative industry and the relationship between Bitcoin and blockchain. They will also receive a certificate of completion of the course.

Italian modules and experts

The programme will be the basis from which to start taking your first steps in the area of cryptocurrency and blockchain.

Acta Fintech has carried out the course together with the Italian experts of Cointelegraph Italia: Gian Luca Comandini, well-known technology disseminator and member of the governmental task force of blockchain experts chosen by the Ministry of Economic Development; Federico Tenga, Co-Founder and COO of Chainside, Fulvio Sarzana of S. Ippolito, civil, criminal and administrative lawyer and one of the leading experts in new technology law; and Gabriele Tancioni, tax attorney at Studio Siniscalco and Partners specialising in cryptocurrency from a tax point of view.

The training programme is structured in 4 modules dealing with different aspects of technology:

– Module 1: Introduction, historical background and basic concepts

Curated by Gian Luca Comandini, Module 1 deals with the economic history and its evolution up to the arrival of Bitcoin Secret. Dr. Comandini will introduce you to Bitcoin, the technology behind it and the concepts essential to know this sector.

– Module 2: Technological aspects and essential tools

Thanks to Federico Tenga, the technological aspects and architecture of the blockchain will be explored in depth. In particular, thanks to the knowledge of the essential tools, module 2 will allow to understand the potential applications of blockchain technology in the business environment.

– Module 3: Legal aspects and favourable legislation

Edited by Fulvio Sarzana of S.Ippolito, module 3 deals with the problems and legal possibilities related to blockchain technology and its applications, and goes into detail on the regulatory interventions aimed at regulating blockchain.

– Module 4: Fiscal aspects of virtual currencies

In this last form, Gabriele Tancioni deals with the legal and fiscal regime of cryptocurrencies with particular attention to the tax aspect applicable to the cryptocurrency market and to the transactions taking place on the blockchain.

The structure

The Zero to Blockchain program can be used entirely online.

Through the course distribution platform, participants will have access to video lectures and teacher presentations. Lessons can therefore be played at any time and unlimitedly, using computers or mobile devices such as smartphones and tablets.

Buy the course with BTC and save 10%.

The modules can be purchased in three different formulas according to the user’s needs. The „Single Module“ is a formula that allows the purchase of individual modules at a price of €59 (VAT excluded) each; the „Full Module“ package provides for the purchase of the full course at a cost of €149 (VAT excluded). With the Full Module a training certificate will be issued certifying the knowledge acquired and the possibility of inserting the CV in Acta Fintech’s public database.

The last formula is the „Gold Module“ at the price of 399€ (VAT excluded), which provides for the purchase of the full programme, the issue of a training certificate, the possibility of inserting the CV in Acta Fintech’s public database and an entrance to Blockchain Week Rome in 2021.

Acta Fintech offers the possibility to purchase the course also in BTC or ETH with a 10% discount on the prices of the various formulas. To pay with this option, please contact the team at info@actafintech.com.

Program in promotion with the launch offer

For a period of about one month it will be possible to purchase the „Zero to Blockchain“ program modules at the prices shown in the following article. In about a month the prices of the program will increase significantly.

For more information please write to info@actafintech.com or visit the „Zero to Blockchain“ programme page.

Top crypto nieuwsberichten van de week

Zakenmensen die het nieuws lezen. Eenmaal digitaal op de smartphone en eenmaal klassiek in de krant.

Steve Wozniak richt een blokketen-gebaseerd platform op, China test de e-yuan, Microstrategy wil nieuwe bitcoin kopen, en JPMorgan ziet bitcoin als een serieuze concurrent voor goud. Top crypto nieuws van de week.

Een andere opwindende week in de crypto ruimte loopt ten einde. Een compact overzicht van de belangrijkste gebeurtenissen rond Bitcoin en Co.

Steve Wozniak richt „Efforce“ op.

Apple mede-oprichter Steve Wozniak heeft „Efforce“ opgericht. Het platform, dat gebaseerd is op blokketentechnologie, wil de markt voor energie-efficiëntie fundamenteel veranderen door energieprojecten te beveiligen. Het doel is om het voor iedereen gemakkelijker te maken om toegang te krijgen tot energieprojecten. Hiervoor heeft het bedrijf de WOZX-munt op de beurs geïntroduceerd, waarvan de waarde direct door het dak is gegaan. Vanaf 0,1 dollar sprong de prijs in een mum van tijd naar 2,88 dollar. Hiermee is de penning met 2.800 procent gestegen.

China mengt E-Yuan onder de mensen

In de Chinese stad Suzhou kwam op 11 december een CBDC-tombola tot een einde. De burgers van de stad maakten daarin kans op 100.000 pakketten van 200 digitale yuan per stuk. Nu kunnen de burgers de munt uitgeven op het komende „Double12“ festival tot 27 december. Veel winkels in de stad hebben al aangekondigd dat ze de e-yuan zullen accepteren. Zo heeft e-commerce gigant JD.com. China is al enige tijd bezig met het testen van de invoering van een digitale munt. Eerder waren er al soortgelijke proefnemingen in de stad Shenzhen.

Microstrategie wil meer bitcoin kopen

De Amerikaanse softwarefabrikant Microstrategy heeft opnieuw aangekondigd voornemens te zijn Bitcoin te kopen. Dit is volgens een verklaring op 7 december. Daarbij is het IT-bedrijf van plan om een investering van 400 miljoen dollar te doen. Het geld is afkomstig van de verkoop van converteerbare obligaties (senior convertible notes) aan institutionele beleggers. De koers van het aandeel Microstrategy (MSTR) kon profiteren van de aankondiging en steeg al snel met 2,5 procent. Tot nu toe werkt de strategie van de Amerikaanse serviceprovider om Bitcoin te gebruiken als haar belangrijkste reserve-activum. Vooral de Bitcoin-rally van de afgelopen weken heeft de ondernemingswaarde van Microstrategy gekatapulteerd.

JPMorgan ziet Bitcoin als een serieuze concurrent van goud.

JPMorgan gelooft dat de acceptatie van Bitcoin en andere cryptokringen in de reguliere financiële wereld goud zal schaden. Nog maar een paar weken geleden getuigde JPMorgan van de mooie toekomst van Bitcoin, en sinds oktober hebben de Bitcoin-fondsen te maken met een enorme kapitaalinstroom van institutionele beleggers. Volgens JPMorgan’s kwantitatieve strateeg Nikolaos Panigirtzoglou zal deze trend zich op lange termijn voortzetten en zullen steeds meer instellingen in digitaal goud investeren. JPMorgan is dus een van de weinige Wall Street banken die een grote verschuiving van goud naar cryptocurrencies voorspellen.

Airbnb gaat openbaar

Het in Californië gevestigde accommodatieplatform Airbnb maakte zijn beursdebuut op de avond van 09 december. Bij het ter perse gaan ligt de koers van het aandeel net onder de USD 150 (EUR 124). Ondanks het enorme verlies aan inkomsten in de toeristische sector, besloot het bedrijf na diverse malen uitstel naar de beurs te gaan. De uitgifteprijs was 68 dollar. In de IPO-toepassing heeft het bedrijf ook positief gereageerd op een mogelijke implementatie van cryptocurrencies. Het zou dan ook niet verwonderlijk zijn als het bedrijf op zijn minst de marktleider Bitcoin als betaalmiddel zou toelaten.

Venture capital firm to acquire OMG Network (formerly Omise Go)

OMG Network, the Ethereum (ETH) based scaling network, has been acquired by a subsidiary of Genesis Block, a Hong Kong based OTC trading company. Could this be a sign of renewal for the project formerly known as OmiseGo?

Venture capital firm buys OMG Network (formerly OmiseGo)
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OMG Network acquired by an industry giant
The Layer 2 scaling solution based on Ethereum, OMG Network, ex-OmiseGo, has been acquired Genesis Block Ventures (GBV). This company is a subsidiary of Genesis Block, a Hong Kong-based over-the-counter (OTC) trading company.

Described as a „silent giant“ in the Asian cryptomatics industry, GBV has been actively involved in the development of decentralised finance (DeFi) in 2020. This would have notably established close links with numerous projects in Bitcoin Legacy the sector and above all platforms such as Binance and FTX.

GBV acquired OMG Network from SYNQA, its former parent company, which raised $80 million as part of its Series C financing round last June. As a result of this acquisition, the team and project activities are transferred from SYNQA to GBV.

Although the amount of the acquisition has not been disclosed, it is likely to exceed $100 million.

Although OMG Network has been rather discreet lately, the project still attracts major players in the ecosystem. Also last June, Tether’s USDT stablecoin became part of the network, an initiative justified by its practicality and performance.

Binance Exchange Logo
Trade the OMG on Binance“.

Time for renewal for OMG Network?
Following this acquisition, a number of integrations and collaborations are being prepared. GBV and OMG Network will work hand in hand to explore new approaches. The project is expected to enter the world of decentralised finance (DeFi) in the near future, notably with lending and trading platforms based on its network.

Since the beginning of this trend, OMG Network has not really been in demand, although the network is fully capable of hosting DeFi applications. As GBV states in its press release, OMG Network’s initial objectives will remain unchanged in the short term.

Of course, its native token, the OMG, will remain the token powering OMG Network. Moreover, the news has been rather well received. The price of the OMG has risen by almost 20% in just 40 minutes, from $3.7 to over $4.4. A rapid rise that will nevertheless have quickly stopped in its tracks:

OMG Network share price

Evolution of the OMG price on Binance – Source: TradingView – OMG/USDT

 

This major ally should help the project to stand out from its competitors and to come back to the forefront. Thanks to GBV’s relationships with the world’s largest exchange platforms, they may welcome new services linked to OMG Network.

However, it should be noted that OMG Network’s main interest lies in its network capacities, which are far superior to those of Ethereum at present.