Asch (XAS) Hits Market Cap of $12.29 Million
Asch (CURRENCY:XAS) traded up 6.3% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on June 14th. One Asch coin can currently be purchased for $0.13 or 0.00001400 BTC on popular cryptocurrency exchanges. In the last seven days, Asch has traded down 1.1% against the U.S. dollar. Asch has a market capitalization of $12.29 million and $11.41 million worth of Asch was traded on exchanges in the last day.
Here’s how other cryptocurrencies have performed in the last day:
Asch’s launch date was September 14th, 2017. Asch’s total supply is 114,855,331 coins and its circulating supply is 93,355,331 coins. Asch’s official website is www.asch.io. The Reddit community for Asch is /r/Asch_Platform and the currency’s Github account can be viewed here. The official message board for Asch is bbs.asch.io. Asch’s official Twitter account is @Asch_Global and its Facebook page is accessible here.
Asch Coin Trading
Asch can be bought or sold on these cryptocurrency exchanges: . It is usually not currently possible to purchase alternative cryptocurrencies such as Asch directly using U.S. dollars. Investors seeking to acquire Asch should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Asch using one of the exchanges listed above.
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Author: Cynthia Hall
Nevermind Coinbase — Big Brother Is Already Watching Your Coins
On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the Internal Revenue Service.
In the days since, Coinbase representatives have made it clear that the company’s analytics services do not share any personally identifiable data with law enforcement. They claim to source all data from publicly available information.
Though Coinbase’s denial may contain a grain of truth, a source who has worked in compliance for crypto exchanges and Bitcoin ATM companies revealed to Cointelegraph that multiple government entities have been actively monitoring users across nearly every centralized exchange and custodial crypto service provider for years.
Speaking on the condition of anonymity, this source indicated that crypto surveillance tactics go all the way back to Bitcoin’s earliest days. They said these practices became a much broader effort after the much maligned Mt. Gox incident, in which 850,000 BTC went missing on the once-popular crypto exchange in late 2013.
Our source explained:
“I’ve worked for crypto exchanges, bitcoin ATM companies, general crypto services providers, and more. They all engage in surveillance practices. They have no choice.”
When it comes to keeping tabs on users, they said that the U.S. government’s favored methodology is called a Suspicious Activity Report, or SAR. While SARs are common in most money transmission businesses, crypto SARs appear to operate under different standards. They stated that:
“In traditional institutions, a transaction needs to meet certain criteria in most cases to be deemed suspicious. That’s not really true for Bitcoin and other cryptocurrencies though. As far as the government is concerned, the threshold of ‘suspicious’ is met as soon as cryptocurrency is involved.”
“Custodial entities are legally required to file SARs for basically any [suspicious] crypto-related transaction above $5,000, regardless of the user’s other activity. Many file for lower amounts. The entities are legally barred from revealing this reporting data to users, or any member of the public. We can not tell you we’ve filed a report on you — ever. And entities can not refuse to comply with these reporting tactics because if they do, they will lose the licenses which allow them to operate. They may face fines or even imprisonment.”
When asked which agencies are most interested in user’s crypto data, our source revealed that “reports are shared with FinCEN, the IRS, the FBI, various other federal law enforcement agencies. It runs the whole gamut.”
And it isn’t just U.S. law enforcement:
“It’s the U.S., China, Japan, Russia, the UK, others I’m sure; it depends on where you’re based. But nearly every world power has legally mandated methods of reviewing centralized user data.”
Our source also revealed that the information requested is fairly robust. Agencies want to know:
“What coins you hold, how often you trade, the initial source of any funds used to buy crypto, the amount of profit you’ve taken within a certain period of time. They can and do ask for it all. They also keep track of where your coins are sent once they leave centralized custody. So if you’re keeping your coins in cold storage, there is a good chance that some office within one or more world governments is aware of that wallet address. No matter where you move them, if a centralized exchange has ever held those coins, they can track you.”
Though services cannot legally inform their users that they have filed activity reports, there are apparently signs people can watch out for:
“Frozen accounts or funds. If you’ve had login issues that barred you from accessing your account. Anything like that likely means you have been subjected to a suspicious activity report without your knowledge. Or a government entity may have requested insight about you or your funds, in which case you may not be allowed to move forward until their review is complete.”
Blockchain participants operate in an industry largely built upon the ideals of individual sovereignty and personal privacy. There are numerous projects in the space that are working to build decentralized variants of popular crypto service offerings. When it comes to avoiding the demands of surveilling governments around the world, our source was clear:
“Decentralized exchanges and privacy coins are the only answer that I am aware of. Use centralized services at your own peril.”
BOX Token Hits Market Capitalization of $3.49 Million (BOX)
BOX Token (CURRENCY:BOX) traded 1.7% lower against the U.S. dollar during the 1-day period ending at 18:00 PM ET on June 14th. Over the last week, BOX Token has traded 4.3% lower against the U.S. dollar. One BOX Token token can currently be purchased for approximately $0.0351 or 0.00000374 BTC on major cryptocurrency exchanges including HitBTC, Hotbit and Bit-Z. BOX Token has a total market capitalization of $3.49 million and approximately $7,789.00 worth of BOX Token was traded on exchanges in the last 24 hours.
Here’s how related cryptocurrencies have performed over the last 24 hours:
BOX Token Profile
BOX Token uses the hashing algorithm. Its genesis date was August 23rd, 2018. BOX Token’s total supply is 100,000,000 tokens and its circulating supply is 99,609,050 tokens. The official message board for BOX Token is medium.com/@boxla888. BOX Token’s official Twitter account is @Contentbox_one. BOX Token’s official website is box.la. The Reddit community for BOX Token is /r/boxla888 and the currency’s Github account can be viewed here.
BOX Token Token Trading
BOX Token can be traded on the following cryptocurrency exchanges: Bit-Z, HitBTC and Hotbit. It is usually not possible to purchase alternative cryptocurrencies such as BOX Token directly using U.S. dollars. Investors seeking to acquire BOX Token should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase BOX Token using one of the aforementioned exchanges.
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Author: Sarah Meijer
Crypto Exchange Exec Calls Bitcoin the New Game That Beats the Rigged Monopoly: Max Keiser Report
Obi Nwosu, the chief executive of the London-based cryptocurrency exchange Coinfloor, says Bitcoin offers a way out for market participants – especially those in the black community – from the rigged and racist financial system.
In the latest Keiser Report installment with Heisenberg Capital founder and host Max Keiser, Nwosu explains how Bitcoin is a currency that levels the playing field.
“So Bitcoin has a potential to provide an alternative. If you’re playing a game of Monopoly and someone’s got all of the hotels, and you start a new game, and they start with all the hotels, it’s not [a] very fun game to play.
But we now have an opportunity to exit that game and play a new game from [the] beginning. We’ve got a new currency that has no basis in any other historical system. It’s not like any other store of value that we have available to us like real estate or stocks and shares and so on. It plays by its own rules and the master of the game is a computer program. It has no emotions but it is completely objective, impartial and fair. That’s all you can ask for.”ADVERTISEMENT
Nwosu points out that the racial divide, which has triggered worldwide Black Lives Matter protests, is deeply embedded in the current financial system. But with Bitcoin, the Coinfloor CEO says everyone has a chance to prosper.
“It’s a completely meritocratic environment and that’s a game that if you’re playing with the passion and the energy that I’m sure every person would bring into bear and definitely people from the black community can, then they would do very well over time.”
Author: Published 19 hours ago
KuCoin Now Supports 17 More Fiat Currencies
KuCoin, a cryptocurrency exchange backed by IDG Capital, has brought on support for buying cryptocurrencies with over 17 fiat assets, according to a press release from the group. The release notes that KuCoin will provide support for the following fiat assets:
Essentially, this is making cryptocurrency much more accessible by allowing more users around the world to purchase it with their fiat cards. On top of this, the group has been supporting fiat currencies for some time, with USD, EUR, and the AUD being the long-time standings.
Speaking on the matter is Johnny Lyu the CEO of KuCoin Global, who had said:
“KuCoin has been committed to promoting the mass adoption of blockchain and cryptocurrencies, and an easy channel to transact from fiat to crypto will largely contribute to this. KuCoin is one of the earliest mainstream exchanges to support Simplex. Also, in addition to fiat gateways like Simplex and Banxa, we are investing a lot to develop our OTC Trading Desk service. Through continuous efforts on fiat channels, KuCoin welcomes more newcomers to embrace and make contributions to the crypto world.”
Author: By TeamMMG