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EverusPay – the Future of Payment Solutions

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Press Release updated: May 8, 2019

​​As a key component in the Everus World ecosystem, linking users to merchants, the launch of EverusPay by Everus Technologies (HK) Limited provides online merchants with the ability to accept a variety of payment types in the form of cryptocurrency.

“With over 100,000 Everus wallet users now active in over 90 countries, the opportunities for online merchants to expand and capture a new market audience are finally here”

Start Accepting Payments in Cryptocurrency

The emergence of cryptocurrencies over the past few years has opened up a new market for merchants, providing them with opportunities to receive payments from customers anywhere in the world without the worry of being restricted to limited currencies and high transaction fees, which typically applied to credit card transactions. Besides, merchants are able to choose to accept payment from 100 cryptocurrencies, including EVR, Tru-e, BTC, ETH and LTC, opening up market expansion opportunities for merchants as well as the world of convenience for customers.

By embracing EverusPay, not only can you expand your market opportunities to do business with potential synergistic partners, but you also attract a wide customer base that will be more inclined to make a purchase.

Easy to Set Up with No Joining and Monthly Fees

Integrating your online store with EverusPay is a fast and simple process using our API solutions. Our technical support team is available 24/7 to assist with this process, as well as to recommend any changes to your existing system to make the purchasing process more efficient for your customers. Merchants who use EverusPay, benefit from zero sign up and monthly fees; this means you only ever pay a transaction fee on sales that are processed using the EverusPay payment gateway. In addition, the added benefit is that merchants can exchange multiple cryptocurrencies into any major fiat currency, such as USD, EUR and GBP, and transfer to any bank account in the world.

Save Costs and Boost Your Cash Flow

Accepting cryptocurrency as a form of payment provides savings for merchants due to the low transaction fee of 1%, compared to credit card and bank transfers which are often much higher. This saving allows merchants to provide further discounts on their products/services and offer more competitive pricing to the end users.

Understanding that “cash flow” is one of the biggest obstacles faced by businesses globally today, EverusPay provides merchants with faster access to their funds, reducing the settlement period to 24 hours for transactions accepted in EVR, Tru-e, BTC, ETH, and LTC, compared to the average 2-7 days many merchants face when receiving funds processed through credit card transactions.

Variety of Payment Options

The EverusPay gateway offers merchants the ability to accept four types of payments from customers, catering to different types of businesses and their requirements:

Single Payment For the single payment of product/service
Recurring Payment Daily/Weekly/Monthly payment of the same amount
Affiliate Payment For payments which require the commission to be paid to Agents/Partners
Batch Payment For paying multiple users in one transaction

Secure Transactions

As a payment gateway built on blockchain technology, EverusPay solves one of the major challenges for merchants today by ensuring that all transaction data is secure and all payments received are authorized and free from cases of identity theft and fraud.

Using a decentralized distributed ledger system to keep a record of all transactions. Every transaction is verified and encrypted, indicating that the data on the blockchain is secure and incorruptible. Once the transaction is confirmed, it cannot be reversed and counterfeited.

For added security and easy access to funds, both customers and merchants benefit from the security and user-friendly Everus wallet interface. Only users of the Everus wallet are able to access and authorize the transfer of funds in payment for products/services purchased via the EverusPay Payment gateway.

EverusPay currently supports 100 tokens, with additional tokens to be added over the coming months. To learn more of the 100 cryptocurrencies, click the link below.​https://media.everuspay.com/everuspay.com#paymentSolutions

​Contact us today at support@everuspay.com to become an EverusPay Partner merchant. For more information on how EverusPay can benefit your business, visit our website at www.everuspay.com

Source: Everus Technologies (HK) Limited

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Why Litecoin Will Skyrocket 140% in Less Than 3 Months & Hit $220

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By CCN: The Litecoin price has enjoyed a breakneck bull run in 2019, launching the cryptocurrency nearly 200 percent higher in less than six months. But while cautious investors might be tempted to take their profits and run, a crucial upcoming event could send Litecoin another 140% higher over the next three months, enabling LTC to eclipse the $220 mark for the first time in more than a year.

The trigger from this mammoth ascent? Litecoin’s long-awaited “halvening,” which will slash block rewards by 50%, from 25 LTC to 12.5 LTC.

Historically, such halvenings (or “halvings”) have proven to be bullish catalysts for proof-of-work cryptocurrencies. As inflation decreases, investors anticipate a comparable increase in price.

Litecoin Flashes Multiple Bullish Patterns

Litecoin’s halving won’t happen until around August 6, yet the altcoin’s price has already tripled in 2019. Even so, the cryptocurrency’s technical picture suggests the rally still has plenty of momentum.

Currently, it’s struggling to take out resistance at $100, but the bulls appear determined to pierce this level. On the daily chart on Coinbase, you can easily see the formation of an ascending triangle pattern.

litecoin price chart

The Litecoin price is forming an ascending triangle. | Source: TradingView

The triangle is a continuation pattern, which indicates that the market is very likely to resume its uptrend once consolidation is over. As you can see, the diagonal support is still intact.

In addition, the three moving averages are in perfect bullish alignment. The 50-day MA is above the 100-day MA, and the 100-day MA is on top of the 200-day MA. These signals tell us that Litecoin’s uptrend remains healthy.

On top of the ascending triangle, Litecoin is also painting a massive inverse head-and-shoulders pattern on the weekly chart. This pattern has been under construction for almost a year now. That’s a long time to build a base in the cryptocurrency world.

litecoin price weekly chart

The Litecoin price has spent the past year building a massive inverse head-and-shoulders pattern. | Source: TradingView

The neckline of this pattern is $100. This means that fireworks will begin once bulls convincingly take out this level. Using the height of the pattern to estimate a target, a breach of $100 will likely send Litecoin to $175.

LTC price chart

$175 is the easy target price for Litecoin | Source: TradingView

LTC Price Won’t Face True Resistance Until $220

Breakout from this pattern signifies the end of the Litecoin’s long-term downtrend. This will attract breakout traders, trend followers, and others who were staying on the sidelines during this long bear winter.

The bullish momentum generated will make it possible for Litecoin to pierce $175 quickly. That’s because the only strong resistance from the macro perspective above $100 is $220.

LTC price chart

After punching through $100, bulls won’t find much resistance until $220. | Source: TradingView

Of course, we expect Litecoin to spend some time consolidating around $175 before it can ascend to $220. At that point, however, the bullish sentiment is likely to be very strong. This means that buyers are likely to front-run each other just like they are in bitcoin right now.

With the “halvening” just around the corner, bulls should expect Litecoin to trade as high as $220 before August 2019.

Disclaimer: The views expressed in the article are solely those of the author and do not represent those of, nor should they be attributed to, CCN.

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Announcing CryptoSlate Research, an exclusive newsletter delivering thoroughly researched analysis and crypto market insight

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Since 2017, CryptoSlate’s mission has been to provide high quality and objective analysis of the blockchain and cryptocurrency market. CryptoSlate has achieved this by becoming a key community resource for important news, comprehensive analysis, and relevant data under one streamlined platform.

Over the past year and a half, CryptoSlate has published over 2,300 news articles and maintained growing databases of 2,100+ cryptocurrencies, 100+ companies, 100+ products, and 26 places. In providing these services, CryptoSlate has built a talented and proficient team of journalists, software developers, and analysts who are constantly acquiring knowledge about the often complex world of crypto.

Announcing CryptoSlate Research, our exclusive newsletter

To take advantage of the expansive CryptoSlate knowledgebase, and as part of our initiative to keep the community enlightened, we are expanding our long-form analysis through CryptoSlate Research—a premium newsletter containing curated, thoroughly researched exclusives and fascinating interviews with industry leaders.

These articles are only available to CryptoSlate Research subscribers and are not published anywhere else. Additionally, subscribers will gain access to our private Slack and be able to engage with CryptoSlate Researchers and vote on and suggest potential research topics.

Learn more or join CryptoSlate Research

Why subscribe to CryptoSlate Research?

Stay up-to-date

Keeping up and staying well-informed about crypto is a challenge. The pace of change and the infinite number of domains involved means there is an overwhelming amount of quantitative and qualitative material to absorb.

CryptoSlate Research makes understanding crypto possible by interpreting emerging software breakthroughs, dissecting new regulations, getting the scoop on worldwide adoption stories, and distilling the most valuable information to keep subscribers abreast.

Fact-based conviction

The discourse around blockchain is brimming with discord and rife with conflicts of interest–making it difficult to obtain reliable, unbiased, and relevant information.

Instead, CryptoSlate leverages data-driven analysis to make intelligent decisions about crypto’s potential and growth. CryptoSlate Research helps to separate fact from FUD using raw blockchain data, the latest academic research, and guidance from experts in the field.

Additionally, CryptoSlate is an independent organization–not owned or invested in by any other entity in the blockchain space. CryptoSlate values editorial independence and always seeks to be completely transparent with our readers.

Informational edge

The cryptocurrency markets are volatile, prone to manipulation, and largely unregulated. Consequently, most investors are at a clear disadvantage.

CryptoSlate Research empowers readers to stay on top. Get the story behind major price movements, take a look at the fundamentals behind major projects, and learn what strategies professional traders are implementing through regular technical analysis.

What motivates us

When CryptoSlate launched in December 2017, the market was rife with scams and flimsy ICOs—and filled with an array of self-proclaimed advisors, hucksters, and charlatans.

Meanwhile, crypto journalism at the time also left a lot to be desired. Many publications were staffed by writers who knew little about crypto and were focused on churning out sensationalist headlines to amass clicks and make money from predatory crypto-advertising.

Moreover, many of these publications did not have the best interest of their readers in mind and were participating in undisclosed pay-to-play publishing schemes and promoting illegitimate projects.

CryptoSlate has never been involved with hidden pay-to-play advertising and has always been committed to the utmost transparency in our reporting.

CryptoSlate was founded by two, Seattle-based, crypto-savvy software professionals who saw the potential of crypto and the necessity for innovation in its corresponding media delivery. Reliable reports with genuine insight into the industry were rare—but CryptoSlate is changing that.

We invite you to join us in our mission and sign-up for CryptoSlate Research.

Our goal is to give you an informational edge at an affordable price. For just over $1 per day, you will have access to all previous and current CryptoSlate Research content and as mentioned, the benefit of interacting directly with our team in our private Slack channel.

To learn more, including sample research articles and background on our researchers, click here.

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Nate Whitehill

Nate Whitehill is the co-founder and CEO of CryptoSlate. Nate has a deep interest in how blockchain technologies will transform a multitude of global industries over the next decade.

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Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

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Newsflash: Why This Virginia Police Department’s Pension Just Invested in a $40 Million Crypto Fund

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Frequent Bitcoin commentator and t-shirt salesman Anthony Pompliano instructed Bloomberg this morning that two Fairfax County, Virginia pension finances have long past in on Morgan Creek Digital’s new fund for cryptocurrency corporations. The finances constitute $1.2 billion in property for the pensions of police and different public employees within the county.

$25 Million Fund Oversubscribed to $40 Million

The $40 million fund initially handiest sought $25 million. A small portion of its funding might be in liquid blue chip cryptos like Bitcoin and Ethereum. Investment in cryptocurrency corporations would be the majority of the fund’s paintings, alternatively. Coinbase and Bakkt have already been named as goals for funding.

Public pension finances affect almost 20 million Americans. Nearly 4,000 exist. If the experiment in Fairfax County is going neatly, and police have an much more relaxed retirement in consequence, will others apply swimsuit?

Bloomberg reports that “an insurance company, a university endowment and a private foundation” could also be throwing in with the fund. It has already bought equity in Bakkt, the Starbucks/NYSE crypto alternate which can most probably release America’s first Bitcoin ETF (ultimately).

Everything might be tokenized at some point, Morgan Creek satisfied asset managers. Whatever the crypto markets had been doing, blockchain as an trade has been attracting lots of the brightest minds in Silicon Valley for years. Fairfax County’s police fund leader funding officer Katherine Molnar told Forbes:

“Blockchain technology is being applied in unique and compelling ways across multiple industries. We feel it is important to be opportunistic and are excited to participate in this emerging opportunity.”

Meanwhile, Pompliano instructed Bloomberg:

“The smart money is not distracted by price but looks at the long-term trends, and believes they’re betting on innovation as a great way to deliver risk-mitigated returns.”

Coinbase and Bakkt: First Choices for Morgan Creek

To safely arrange the cash, Morgan Creek wishes to concentrate on corporations indirectly hooked up to the price of Bitcoin. Companies centered at the innovation of the blockchain itself, exchanges that benefit whether or not the associated fee is up or down, and corporations having a look to make use of the generation for public hobby tasks. In addition to Bakkt, the fund is creating a play in Coinbase, the king of retail crypto gross sales.

The outspoken Bitcoin bull Pompliano may simply make investments the cash in Bitcoin at those bargain costs if it have been as much as him, alternatively. He spends a substantial amount of time on Twitter telling other folks to prevent ready round.

Pompliano not too long ago made headlines when his podcast “Off the Chain” was once banned by Apple without warning. Morgan Creek Digital’s $1 million bet against the inventory marketplace as of but has no takers, indicating that whilst some other folks discuss strongly towards cryptos, most of the people aren’t certain sufficient to place their cash the place their mouth is.

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Take Two: Ethereum Is Getting Ready for the Constantinople Hard Fork Redo

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If to start with you don’t be triumphant, take a look at take a look at once more.

Such are the phrases of knowledge which were taken to center by way of ethereum core builders ever since a vulnerability within the community’s code was discovered simply 48 hours ahead of the code used to be set to be deployed.

The community improve dubbed Constantinople would have presented a chain of backward-incompatible adjustments – often referred to as a troublesome fork – to the arena’s 2nd biggest cryptocurrency by way of marketplace capitalization. Yet the worm came upon resulted in a extend, adopted by way of a plan to try once again in past due February.

With the code anticipated to turn on someday throughout the remaining week of February – in particular, at block quantity 7,280,000 – ethereum core builders are assured that Constantinople received’t fail this time round.

“I suspect it will go as planned. The block number has been set and [the upgrade] is hard coded in the clients now so it’s going along fine,” Hudson Jameson, who handles developer family members for the Ethereum Foundation, advised CoinDesk.

Adding that “valuable lessons” are discovered from each arduous fork, Jameson stated that one of the vital essential takeaways from remaining January’s arduous fork try used to be “better communication with miners to let them know about the upgrade.”

While the problem within the code wouldn’t have impacted miners without delay, miners and different customers who run whole copies of the ethereum blockchain known as nodes had to be impulsively notified concerning the cancellation of Constantinople to stay it from in fact being deployed and developing imaginable disruptions.

On this entrance, the sensible contract safety audit company ChainSecurity, which came upon the vulnerability, advised CoinDesk the group of ethereum builders used to be already rather spectacular.

“I was just impressed by how quickly everyone reacted and how well organized everyone reacted,” stated CTO Hubert Ritzdorf. “Many people had to update so they had to know what to update to. On many different levels it became clear even though there is no central command, the [ethereum] community collaborates very efficiently.”

Called Ethereum Improvement Proposals (EIPs), 4 out of 5 EIPs will in fact be activated at the major community, or mainnet. And for all technical functions, the improve might be deployed in two portions – concurrently.

Say hi to ‘Petersberg’

Developers proposed throughout a gathering late January to desk the EIP briefly and continue with the remainder of Constantinople as deliberate, figuring out {that a} repair to the buggy EIP – EIP 1283 – would extend activation of ethereum’s deliberate arduous fork for too lengthy.

However, for the reason that a number of check networks on ethereum together with Ropsten already activated Constantinople in its complete glory ahead of the protection vulnerability used to be discovered, ethereum core builders additionally agreed {that a} 2nd arduous fork safely eliminating the EIP used to be wanted.

Thus, “Petersberg” used to be born.

Already released on Ropsten, Petersberg is the casual title of the arduous fork in particular designed to take away EIP 1283 from a are living ethereum-like community. Later this month, the unique Constantinople code might be activated on mainnet at the side of Petersberg.

“For all practical means for any developer out there on the mainnet, there will not have been Constantinople really, just Petersberg … Technically in the code, you have two conditions,” ChainSecurity COO Matthias Egli defined. “One says Constantinople gets active at block number [7,280,000] and at the same block number Petersberg gets activated, which takes precedence over Constantinople and immediate supersedes it.”

And relating to what’s left to be executed for Petersberg release on mainnet, Jameson stated that the entire trying out for its unlock has been finished and main tool shoppers together with Geth and Parity are able to deploy at the agreed-upon block quantity.

Now, as emphasised by way of ethereum safety lead Martin Holst Swende, customers of ethereum will have to pay attention to essential adjustments to the ethereum community on account of Constantinople plus Petersberg.

The new ‘corner case’

Tweeting out a questionnaire for customers remaining Thursday, Swende famous that once Constantinople, sensible contracts on ethereum regarded as to be nearly immutable will be capable of exchange code underneath positive prerequisites over the process more than one transactions.

The new characteristic presented thru EIP 1014 – known as “Skinny CREATE2” – is meant to higher facilitate off-chain transactions on ethereum by way of permitting what Ritzdorf describes as “deterministic deployment.”

“When you deploy a new smart contract on ethereum, what happens is that it computes the address to where the contract will be deployed. You know this ahead of time but it depends on a lot of variables,” Ritzdorf advised CoinDesk. “CREATE2 makes it easier to say, ‘We will deploy in the future a contract to this particular address.”

As a results of this, Ritzdorf explains sensible contract builders may just technically deploy contracts for “the second time” to the similar cope with, noting:

“[After Constantinople] you can change code because you can first deploy to that address, destruct the code and then deploy again.”

Egli highlighted that that is “not a security bug” however reasonably “a corner case” that builders on ethereum will have to be cautious of as soon as the adjustments are going are living. He added that persisted schooling from auditors upfront of February’s arduous fork is wanted concerning the different 4 EIPs at the beginning set for inclusion in Constantinople out of doors of EIP 1283.

Users expecting the release of Constantinople can both move to forkmon.ethdevops.io or Ethernodes to observe the discharge in actual time. A lot of other sites also are to be had for are living metrics together with mining hashrate and marketplace costs.

According to 1 arduous fork countdown timer created by way of Afri Schoedon, unlock supervisor for the Parity Ethereum consumer, Constantinople plus Petersberg is estimated as of press time to head live to tell the tale Thursday, February 28.

Cinema clapper image by way of Shutterstock

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Coinbase Now Lets Merchants Accept Payments in the USDC Stablecoin

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Coinbase Commerce, the cryptocurrency exchange’s merchants payments offering, has added support for the dollar-pegged stablecoin USD Coin (USDC).

The development means businesses can now receive payments in USDC from customers “in minutes with zero transaction fees” and no chargebacks, Coinbase announced in a blog post on Monday.

“Unlike accepting credit card payments, merchants can accept USD Coin without geographical limitations or the need for a traditional bank account,” the firm said.

Coinbase Commerce was launched in February 2018 and offers support for bitcoin (BTC), bitcoin cash (BCH), ether (ETH) and litecoin (LTC) payments alongside the new USDC.

Initially integrated with e-commerce platform Shopify, Coinbase Commerce later rolled out a plugin for WooCommerce too. At the time, Coinbase said that WooCommerce provides the payments infrastructure for more than 28 percent of all web stores.

USDC was launched late last year by crypto finance startup Circle and Coinbase. Earlier this month, Coinbase expanded crypto-to-crypto trading in the stablecoin to 85 countries.

“For new customers in countries like Argentina and Uzbekistan, where consumer prices are expected to inflate by 10–20% in 2020, stablecoins like USDC could provide an opportunity to protect against inflation,” it said at the time.

Checkout image via Shutterstock 

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