Two Premier League Football Clubs Double Down on Cryptocurrency Integration

Cryptocurrencies continue to spark interesting debates across different industries. Football clubs show an increasing interest in exploring options in this regard. After PSG and Avai FC, two Premier League teams now mull issuing their own currencies. It would give both teams more cash to spend on new players during the winter transfer season.

Premier League and Cryptocurrency
There is an interesting correlation between Premier League football clubs and the cryptocurrency industry. Earlier this season, seven clubs signed an advertising deal with eToro. The trading platform’s advertisements show up during home games of teams such as Tottenham Hotspur, Leicester City, and Newcastle United. It brings a lot more attention to the cryptocurrency industry, which is always a positive development.
Two cash-strapped Premier League teams,  Newcastle United and Cardiff City, are each looking to issue their own specific cryptocurrency. With this new currency, the clubs hope to secure additional funding for future player transfers, as well as the ability to survive in the prestigious league. This new venture will be launched with the help of SportyCo, a micro-financing and crowdfunding platform.

Purchasing this new token will give fans of both cubs some advantages. It is expected these tokens provide access to special merchandise and other football-related discounts, not to mention the possibility of appreciating in value over time.
A Growing Trend Among Football Clubs
Efforts like these are relatively new in the world of football. Ligue 1 club Paris Saint-Germain announced its ICO plans late last week. Their effort is matched by Brazilian Serie B team Avai FC. It is clear that creating a cryptocurrency is not just for cash-stricken clubs. Paris Saint-Germain is a very respectable and wealthy club, yet they too want to give fans something new to be excited about.
For the Premier League clubs with a smaller budget, an ICO can make a big difference. Competing with clubs with higher budgets will always be a major challenge. Raising additional funds through this different way of crowdfunding can alleviate concerns in this regard. Given the lack of ICO regulation in the UK, it remains to be seen if government officials will intervene.

Rekindling rivalries in sports require a unique approach. As the sports industry is all about money these days, fan interaction has taken a backseat. With a native currency for specific teams, clubs can help ensure their fans remain loyal and passionate at all times. If proper use cases for the tokens are introduced, these Premier League teams may see a major increase in popularity moving forward.
What do you think about football teams getting into the cryptocurrency ecosystem? Let us know in the comments below.

Images courtesy of Shutterstock.
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GoByte releases a Cryptocurrency Payment service for Merchants

GoByte Network, a Malaysia-based open source project, has released a free service that will allow merchants to accept cryptocurrencies at millions of outlets around the world. The platform provides online businesses with a convenient platform for sending and receiving commercial payments.
The product, called GoByte Pay, can be integrated into E-Commerce solutions, used as a gateway for receiving and processing cryptocurrency payments, and even serve as a convenient tool for sending invoices to individuals and businesses.
Integrating GoByte Pay at commercial sites will be available to companies free of cost and GoByte only receives a small fee for conducting and verifying payments.
Unlike its competitors, GoByte created not just a one-option tool, but a 6-in-1 service that can immediately solve common challenges encountered by businesses. GoByte Pay assists with tracking transactions between clients, issuing and integrating payments, and invoicing and collections for accounting purposes. Additionally, users can adapt each function to suit their individual or organizational needs.
The platform is synchronized with mobile devices and allows for the integration of functionality for payments directly on a website. A new addition to the wallet allows for the creation of invoices that can be sent to clients and payments can be easily directed to pre-designated wallets where both the sender and the recipient can track the transaction. This feature is ideal for consultants, other professionals and anyone who accepts cryptocurrency payments for their services or goods.
Currently, merchants can be charged up to 3 percent or even more for a single transaction when using existing solutions like Visa, MasterCard, PayPal, Coinbase or BitPay. Merchants using GoByte Pay can reduce this cost to zero when they operate a masternode on the network that helps with transaction confirmations and the security of payments. Those who don’t wish to operate a GoByte masternodes, will only be charged a nominal transaction fee.
This innovative solution can be valuable for owners of online stores as a greater number of potential buyers will be able to pay not only in “traditional” methods, but also with cryptocurrency, not paying high fees or waiting for transactions to complete. GoByte Pay InstantSend solution reduces the wait time to 1-2 seconds. Funds are immediately available to the merchant upon completion of the transaction.
Businesses will be able to accept cryptocurrency payments for any services or goods compliant with the vendor. Soon the team plans to integrate BTC, LTC, and other popular coins to make the gateway more useful for a wider audience.
Read more:

Coinbase teamsup to provide a Crypto Gift Card that will allow you to spend cryptocurrencies
Coinbase CEO, Brian Armstrong: Millions will use cryptocurrency
Which are the best Blockchain Venture Capital firms?

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Crypto Market Cap Drops Below $200 Billion, Further Price Declines to Come?

For the second time this year, the crypto market cap has dropped below $200 billion as individual coins failed to hold on to previous highs.

Market Cap Falls to $192 Billion
Bitcoin is once again trading under $6,300, at $6,281, according to CoinMarketCap. On September 5th, it was showing some traction when it was valued around $7,300. However, on the 8th, it saw a significant drop in price, falling to just over $6,200.
Elsewhere, Ether’s price remains under $200, at $197 at the time of publishing. Bitcoin Cash and Litecoin are at $416 and $52, respectively. In a report from MarketWatch, Ricky Li, CEO of cryptocurrency trading and asset management firm Altonomy, said:
We are seeing a new low in volumes in the altcoin market this year. The top few [cryptocurrencies by market value] are still the safest space and we are seeing rotation out of them into Bitcoin.
However, according to Rob Sluymer, technical strategist at Fundstrat Global Advisors, Bitcoin is testing critical support. Not only that, if it breaks, it could potentially go lower. He says:
A break below $6,100 would signal a retest and possible break of $5,800 support with potential risk to $5,000.
At the time of publishing, the combined market cap is worth $192.4 billion. This couldn’t be any further from the $830 billion it was worth at the beginning of January.

Yet, despite market prices not being anywhere near where they were last year, Tim Draper, a venture capital investor and Bitcoin bull, believes that one Bitcoin will be worth $250,000 by 2022. Not only that, but he’s of the opinion that, in the next 15 years, the combined crypto market will be valued at $80 trillion.
The Market Remains Volatile
The highs of mid-December seem like a distant dream. When you take into account what is going on with the market at present, it feels like we may never reach those heights again.
Another factor which could impact the market’s value is the ongoing rehabilitation claims that victims of the now-defunct Bitcoin exchange Mt. Gox are filing to reclaim their lost money. In August, an online system launched for normal users to file their claims. Earlier this month, a similar system was opened for corporate users.
However, according to a former client of the exchange, a flood of payments could “completely crash the market.”
If users do end up selling their coins, this could ultimately push the price of Bitcoin down further to prices not seen since last year.
Do you think market prices will continue to drop? Let us know in the comments below.

Images courtesy of Shutterstock.
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Cloudflare Starts Its ‘Crypto Week’ Introducing the New IPFS Gateway

Though the Internet is a really great thing which opens practically limitless opportunities for us, there is still a huge space for improvements. Especially if we are speaking about  privacy and security. The Internet today is still developing which inspires developers and solution providers to introduce new tools to make the Internet a perfect place.
Cryptography is one of the tools that can be used to improve the situation. Internet security provider Cloudflare has taken a decision to launch its Crypto Week. Every day of this week the company is going to introduce new instruments that deploy cryptography and are aimed at making the Internet better.
The first technology introduced is a portal that provides a facilitated access to the InterPlanetary File System (IPFS) and makes it easier to build websites on top of this technology.
Thanks to the IPFS Gateway introduced by Cloudfare, users do not need to install and run any special software on their computers if they want to get an access to content from the system. The IPFS Gateway is only the first solution that the company is planning to offer in the framework of its Distributed Web Gateway project aimed at support of new distributed web technologies.
The IPFS is a peer-to-peer system which offers a range of redundancies for those who want to have an access to some specific website or piece of data. The first special innovation is the following one: you will still have an access to the content even if something goes wrong with a node which is a great achievement because now, in the context of the existing Internet, a website may go down if even a one server fails.
But as we have already mentioned, Cloudfare has offered more than one feature to improve the Internet that we use today. The second one provides users with an opportunity to utilize not IP addresses to request data as it is done today but hash values. This solution functions as a way to ensure that users receive exactly the data that they have requested.
Now Cloudflare is going to provide people with a possibility to access data stored through the IPFS via offering them a gateway delivering content with the help of Hyper Text Transfer Protocol Secure (HTTPS) which helps to ensure that no third party has a chance to interfere the connection between the user and Cloudflare’s edge network.
Nevertheless, Cloudflare is not able to introduce any changes to content or to remove it from the IPFS network. That’s why the company asks users to use the abuse reporting mechanism in case they have faced with abusive content using the IPFS gateway.
The IPFS gateway is just the first one of the solutions offered by Cloudflare and this introduction is only an initial step towards building the better Internet using the cutting-edge technologies.
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Be Your Own Bank! VivusPay Is Just the First Taste of the Optherium Ecosystem

In our global world, payments are made routinely across continents, but they can be slow, incur large commissions for conversion and handling, and be vulnerable to hacking. Our personal information from simple passwords to biometric data is often stored in centralized, third-party repositories and may have even been replicated to be stored somewhere else. This creates significant risks, and this is only mentioning the domain of fiat currencies.
VivusPay, the mobile banking app, is already up and running for both iOS and Android users. As part of the Optherium Ecosystem, it is the working face of modernity. It is the first in its field to bring together speed, efficiency and security on a global scale, using their trademarked MultiDecentralized Private Blockchains network.
Recently, many cryptocurrency wallets have sprung up, and although offering some level of security, the personal data of users is also wedded to centralized databases. It is obvious that greater security is sorely needed.
VivusPay, powered by Optherium, is not only tackling the aforementioned problems head on, but they are also moving beyond what is currently offered in the financial sphere by rendering cryptocurrencies as a valid, efficient, and secure form of payment. This is regardless of whether you are transferring large sums from business to business or simply paying for a coffee in your local cafe. This is an absolute game changer, as it is the bridge from blockchain to the real world. If you want to transfer Ethereum from New York and have it received as Yen in Japan, this app can facilitate the payment and conversion, with no bottlenecks.
Core Features
MultiDecentralized Private Blockchain Security
This is far more than just a multicurrency wallet, it is backed by the Optherium Ecosystem. Here, your data is stored on multi decentralized private blockchains, meaning that there is no centralized data ready to be hacked into. The unparalleled multi secure technology itself incorporates not just this, but also multisignature transactions, dynamic biometric-based verification, peer-to-peer blockchain roles and multifactor authorization. It is the ultimate Wallet Provider Service.
Dynamic Biometrics
With VivusPay’s patented Dynamic Biometrics technology, you can establish a biometric template (voice, facial movement, fingerprint, retina, etc.) which is stored in the security of the multi decentralised private blockchain and encrypted. This works as a key, password or ID verification tool and can not only be used with VivusPay, but also to confirm your identity when engaging with other Optherium services.
Key Recovery Service
We’ve all heard horror stories about private keys being forgotten, but VivusPay’s KRS (Key Recovery Service) ensures that you will always be able to access your account, no matter where you are. Private keys are kept in cold storage, shared between multiple “air-gapped” computers. Without physical access to hardware, they can’t be hacked. Even with a lost or stolen phone or wallet, you and you alone will still be able to gain access to VivusPay, through multi-factor verification that includes Dynamic Biometrics.
 Crypto to Fiat, Methods of Payment, Greater Access and Speed
 VivusPay facilitates payment through NFC (Near-field communication), QR code, or biometric data. It also allows you to pay at any point of sale using cryptocurrency or the Optherium Mastercard, which also allows you to withdraw from any ATM in the world, instantly exchanging from crypto to fiat currencies as you do it. This makes crypto’s lack of usability a thing of the past. What’s more, VivusPay boasts speeds of 100,000 transactions per second and instant confirmations. This is the fastest in the world.

KYC (Know Your Customer)
VivusPay takes fraud seriously. The Optherium Ecosystem’s KYC service utilizes the same features as the KRS to provide users with verifiable and instant KYC credentials. After validation of a user’s identity, the KYC service can provide proof of existence to validate the user’s identity when engaging with other Optherium Ecosystem services or platforms. All of this is done without disclosing any of the user’s personal data to any other blockchain channel.
White Labelled Wallet Provider Service Powered By Optherium
VivusPay, powered by Optherium, gives us a glimpse of the new blockchain standard. It is already handling global transactions and has proved itself ready to be integrated with banking and other financial services, with their white labelled wallet provider service. Here VivusPay can be customised to suit any business’ needs. For any company wishing to offer their customers heightened security and cryptocurrency services without the risk of fraud, there is no need to look further.
Optherium Ecosystem – The Brain Behind the Project
The Optherium team has an impressive background in both the financial and tech spheres; CEO Serge Beck has over 15 years of experience in engineering critical technological infrastructure for Bear Stearns, HSBC Bank and Meryl Lynch, while Roman Kaganov has experience in apps, robotics, smart contract development and blockchain, working on solutions for Sberbank and Gazprombank (Russia’s largest banks). Together they have pulled together a formidable team and designed this incredibly advanced platform.The Optherium Ecoystem is the infrastructure that incorporates all the features we have seen above, and more products will be rolled out very soon, such as the Bitcrox decentralized currency exchange and more B2B solutions.
As we can see, VivusPay is just the first step in the Optherium Ecosystem’s rapidly expanding global financial blockchain infrastructure. It provides safety, usability and speed hitherto unseen in the world of global finance. Very soon, Optherium will start their whitelist sale, meaning you can be part of the revolution from the very start. Whatever you do, don’t miss your chance! With developments coming thick and fast, the Optherium Labs Telegram channel is the best way to stay on top of it all.
 
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Ethereum Loses 10% of Its Price, Slips Below $200 Again

The cryptocurrency market entered a major correction on Monday, losing over $10 billion in market cap. Although the market correction is widespread across altcoins, all eyes are on Ethereum which has slipped below $200, yet again. At the press time, Ethereum is trading at $197.82, losing nearly 10% in the last 24-hours.
Last week on September 12, Ethereum hit its 2018-low at $170 with its market cap going below $20 billion. Most analysts predicted that the downfall was triggered by a severe decline in the ICO activity during the last few months. Joe DiPasquale, CEO of cryptocurrency fund of hedge funds BitBull Capital said:
“Ether’s price was inflated earlier due to the ICO mania.  As people pledged Ether with ICOs, the supply-demand equation got skewed — now ICOs have cooled down, and hence the setback.”
However, the second half of last week proved to be quite interesting as Ethereum gained 35% reaching a high of $228. A huge buying interest supported this price surge as the ETH daily trading volume achieved a new record in the last 12 months. Unfortunately, this could not last too long as the world’s second-largest cryptocurrency has pulled back below $200.
Ethereum is not the only digital currency facing the brunt of today’s market correction. Almost all of the top-twenty altcoins have lost on an average of 5-10%. Ethereum competitor and the fifth largest cryptocurrency by market cap – EOS – has also lost by nearly 10%. Other popular altcoins like Litecoin, Monero, Cardano, Dash and others have lost over 7%.
Ethereum Blockchain Development Leaps Ahead
Although ETH price movement remains disappointing so far throughout the year, developers continue their progress on its blockchain scalability. Last week at the ETH Berlin hackathon, blockchain researcher Vlad Zamfir unveiled a proof-of-concept for Sharding protocol.
Sharding is Ethereum’s second-layer scalability solution with a focus to reduce the burden of the Ethereum network. Although the code for proof-of-concept is currently under development, it sets a new premise for further progress on Sharding.
Also, earlier this month, senior blockchain developer at Rocket Pool – Danner Langley – unveiled the roadmap for Ethereum 2.0. In the roadmap, apart from scalability, Langley also focuses on other important issues of efficiency, sustainability, and flexibility. Langley explained all the important changes coming along with the Ethereum 2.0 like Proof-of-Stake (PoS), eWASM, and other.
Restructuring the entire infrastructure of the Ethereum network is certainly a big challenge for the developers. The Ethereum network is set for a Constantinople upgrade in the coming month. As a part of the shift of its consensus protocol to Proof-of-Stake (PoS), Ethereum developers earlier announced their plans to reduce the block mining rewards to 2ETH, and postpone the ‘difficulty bomb’ further.
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EOS Price Analysis: EOS/USD Next Downside Targets

EOS continues to drift lower and looks prime for a break below the current Fib extension level. The price has formed lower highs in making another test of the 38.2% extension at the middle of the channel, possibly setting its sights on the actual bottom.

This lines up with the 78.6% extension just above the 3.0000 mark. Nearby support can be found at the 50% extension or 4.4543 and the 61.8% level that lines up with the 4.0000 level. Stronger selling pressure could take EOS down to the full extension at 2.0713.
The 100 SMA looks prime for a downward crossover from the 200 SMA to indicate a pickup in selling pressure. Then again, it looks like the moving averages are oscillating to reflect range-bound action. In that case, EOS might keep moving sideways and even make another test of the channel top, although the moving averages would likely hold as nearby dynamic resistance.
RSI is pulling up from the oversold region to signal a return in bullish pressure. Stochastic is still on the move down and dipping into the oversold region but has yet to turn higher to indicate that buyers are returning.

It has been reported that Bancor, which is one of the biggest dApps on Ethereum, is expanding to the EOS blockchain. This is due to the faster transaction time and lower fees compared to ethereum.
Dubbed BancorX, the project will allow users to trade between EOS-based tokens and also between EOS and ethereum tokens. According to the company’s post:
More than 15% of the total EOS tokens in supply have been used to validate the chain, activate its functions, and elect the first 21 block producers to serve and support the EOS blockchain.
As for LiquidEOS, it noted:
Bancor lowers the technical barrier to currency creation and gives dApps a mechanism to endow their tokens with automated convertibility to any currency. This will increase the adoption and usability of EOS-based projects.

Images courtesy of TradingView
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Indian Websites Targeted by Cryptojacking: Huge Increase in Malware Infections

Many official Indian websites have become a prime target for cryptojacking. Essentially by infecting the target with malware, the infected computer’s processing power is used to mine. The “stolen” power could be used to mine all sorts of cryptocurrencies without the infected user’s knowledge.
According to a research from cybersecurity analysts, many trusted government Indian websites are currently victims of cryptojacking. Among the infected are the Macherla municipality, Tirupati Municipal Corp and the director of the municipal administration of Andhra Pradesh.
It’s important to note that in order for cryptojacking to have the desired effect, the websites need a lot of traffic. This means the targeted websites should be trustworthy. This form of attack has apparently become mainstream. Hackers prefer cryptojacking since they stand to make money with little risk.
According to the ET report, the vulnerabilities were first found by Anish Sarma and Shakil Ahmed, two Guwahati-based security researchers. The AP government websites all turned out to be subdomains of ap.gov.in. The website fits the target requirement of popularity, since it’s averaging over 150 000 views per month.
The malware spread doesn’t only affect government websites though. The ET report states that PublicWWW listed over 120 Indian websites, which run the Coinhive code. The code is essentially a script, invented to mine Monero (XMR) via different web browsers.
Indian websites are not the only victims
This form of attack is increasing steadiliy on popularity. Malware infections grew from infecting 13% of all organizations in the end of 2017 to around 28% of companies in the beginning of 2018. This can be largely attributed to the fact that the attacks have replaced ransomware as the most common form of attack. Cryptojacking basically creates revenue with a tiny fraction of the effort and unwanted attention caused by ransomware.
Streaming websites are one of the biggest targets out there. The huge amount of viewers can be used by the script while they enjoy online gaming or movies and TV series. Gaming configurations offer a huge amount of processing power and they are highly prevalent on stream giants like twitch.tv.
Earlier this year in a report from the cyber security firm McAfee Labs, it was revealed that cryptojacking has shown a tremendous rise. Malware activity has increased over 625% in the beginning of 2018.
You can also check out:

The 51% Attacks. Once a Warning, Now a Reality
The Inside War on Bitcoin
Crypto Terrorism: Crypto Funding to Terrorists Must be Stopped
Dragon Coin Scam: Robbing a 22 year-old Crypto Millionaire

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TY Capital Investment Company is Engaged in Cryptocurrency Trading

 
They came to the crypto-currency market from the classic stock market. The company promises that they will be able to bring their investors an everyday profit in the amount of 1 to 5% until each investor gets as much as 150%. The deposit itself is included in 150% of the profit.
 
TY Capital Investment / tycap.io is a new development and a jolt of fresh air for investors who want to make good money in the current circumstances on the crypto-currency exchange.
 
Private Internet investors have not seen such projects for a long time. The project of this company – an investment platform https://tycap.io – enables everyone who wishes to invest (on an anonymous basis) in the crypto-currency market and get guaranteed great dividends herewith.
As we can see, the platform itself is perfectly protected by such a giant as CloudFlare, also the company has a certificate of legal incorporation, you can check it by yourself. All your payments and data will be protected by SSL certificate – GeoTrust EV – which checked the above company as well.
 
It is also worth mentioning that you will receive charges on the deposit every hour. You may also earn very well with a partner program proposed by TY Capital Investment company to its investors. You will receive 10% from the deposits of your 1st level partners. The company will give you 6% from the deposits of your 2nd level partners and, what is more, you are also proposed to receive 3% from the deposits of your 3rd level partners. This is a real chance for active investors and partners to get rich.
 
One of the advantages of the company is the availability of bonus codes.
 
When you create a deposit of $1000, or the cryptocurrency equivalent, you get 3 bonus codes of +10% to the deposit / +5% to the deposit / +2.5% to the deposit. You may use them for yourself or present to your friends and partners. The company makes all payments instantly. As soon as you order a withdrawal, your money will be transferred to your account at the same time. The company provides a full support. You may always receive answers to your questions in the online chat or by e-mail.
 
At the moment, there are not so many such competent and profitable companies. We advise you to draw your attention to TY Capital Investment in particular, since it will become a leader in this field of investment in the near future, and you will be able to make very good money with them.
 
 
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Away From Ado: Coindesk Consensus Satellite Party Brings Blockchain Leaders Together

September 19, end-to-end blockchain service provider Byzantium and the premier gathering place for the world’s most influential minds in blockchain, Cryptohou.se hold an exclusive party for opinion shapers and high achievers to get connected with the masterminds in the blockchain industry. The event named Fireflies Party is a side event of Coindesk Consensus Сonference, widely recognized as top crypto-conference featuring enterprise tech leaders, investors, startups and policy groups who are building the foundations of the blockchain and digital currency economy.
The Consensus by CoinDesk is known not only because of successful conferences per se but also because of side events which often yield even more benefits for establishing business communications. Many side-events open their doors to carefully selected visitors, giving them the opportunity of informal networking away from omnipresent pitchers. That’s why major players of the industry put after-parties and private events on conferences as their own.
Among the already confirmed guests are Hartej Sawhney, blockchain & cyber-security expert, Co-Founder & President of Hosho, global leader in blockchain security, Ran Neu-Ner, a serial entrepreneur, CEO & Founder of Onchain Capital, an investment and advisory business & The Creative Counsel, one of South Africa’s largest advertising agencies, and Tom Howard, an investor, partner of Taureon Capital, Founder of Block Republic angel investor community
The event will be held at 1920’s heritage bungalow centrally located and 200 meters from Orchard Road shopping strip. According to the organizers, fine food and drinks as well as an entertainment show will accentuate atmosphere for successful networking.
How to Get to the Event?
The organizers emphasize the backstage nature of the event, so those wishing to take part are invited to make an inquiry.
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