Author: Anna Galvez

Categories
Tech

UC Browser Mini 11.4.1 For Android Rolled Out With New Improvements

UC Browser Mini for Android provides a great user experience in a small package, specially dedicated to Android users with low- or mid-range smartphones. Today, the UC Browser Mini 11.4.1 version rolled out with new improvements to make the UC Browser browsing experience even more pleasant.

UC Browser Mini for Android – Features

The UC Browser Mini for Android gives users with low- and mid-range smartphones the same advanced and fast browsing experience as the full version of the UC Browser.

However, don’t think that just because it is a Mini version, this app lacks features. With properties such as Navigation Cards, which offer local content and services right in your navigation screen, Smart Downloading, which allows multiple downloads with the auto-reconnect function, and Data Saving, which enables users to save mobile data consumption, the UC Browser Mini for Android is a complete browser, despite its low size.

Also, UC Browser Mini comes with Ad Blocker that some of the most annoying ads that might cause an unpleasant navigation experience.

UC Browser Mini 11.4.1 for Android comes with new improvements

The previous version, the 11.4.0 brought in a series of new and fresh features, including a brand new menu, easy access for history, as well as several blog fixes.

The new UC Browser Mini 11.4.1 for Android comes with improvements to the before-mentioned features and also rolled out with some additional bug fixes to make your browsing experience even more enjoyable and secure.

How to download UC Browser Mini 11.4.1 for Android?

If you want to grab a very fast browser, with a high level of security and many awards, then UC Browser is the perfect option for you. However, even though it is small in size, UC Browser Mini 11.4.1 for Android offers the same excellent browsing experience on low- and mid-range smartphones.

You can download the latest UC Browser Mini 11.4.1 for Android from APKMirror.

Categories
Crypto Markets News

Turkish Lira Collapse Highlights Bitcoin (BTC) Relative Stability

The current currency crisis in Turkey is being used by the mainstream media to make a comparison between the national currency and the leading cryptocurrency in the market. The latest contribution to this is a demonstration of relatively low volatility Bitcoins (BTC), published by Bloomberg today, on August 13th.

Turkish lira fluctuations compared with those of the Bitcoin (BTC)

Under the heading “Turkey’s collapse is driving the volatility of the lira comparable to Bitcoin,” Bloomberg reveals the full extent of the devaluation of the Turkish currency this year and writes the following:

The 10-day fluctuations of the Turkish lira relative to the US Dollar now exceed those of Bitcoin (BTC) in the midst of the escalating currency crisis in Turkey.

Bloomberg

However, Turkey citizens turned to Bitcoin (BTC) for investment

Turkey has seen an increase in consumer interest in Bitcoin (BTC) since the lira, which has been depreciating against the US Dollar since January, fell to unprecedented lows within a brief time due to various geopolitical factors.

According to data from Google Trends, the Turkey residents’ interest in Bitcoin (BTC) increased significantly in August, while local cryptocurrency exchange platforms experienced a trading volume increase of over 150 percent, this week alone.

The situation of cryptocurrency is not yet evident in Turkey

While legislators carry out capital controls, the status of cryptocurrency in the country remains uncertain, in general. Despite Turkey’s official position that Bitcoin (BTC) is not compatible with Islam, local cryptocurrency exchange platforms have the full support of the Landesbanken, as an article released by Forbes reported earlier this week.

The markets in Turkey have seen rising volatility for some time, while operators such as BtcTurk Bitcoin are currently trading at prices with around $500 more per BTC than on the other leading foreign cryptocurrency exchange platforms.

This trend could continue, some analysts indicated, if the country’s economic situation does not stabilize and the Turkish lira doesn’t surge.

Categories
Crypto News

Tether (USDT) Raises Concerns Of Market Manipulation As It Transfers $50 Million To Bitfinex

One of the top 10 cryptocurrencies, also referred to as a stable coin in the crypto-verse, Tether (USDT) recently issued $50 million in USDT, that, as reported by the OmniExplorer, Tether transferred to Bitfinex, one of the leading cryptocurrency exchange platforms in the world, on August 11th, 2018, at 11 AM UTC.

That prompted the cryptocurrency enthusiasts to claim that Tether is once more engaged in cryptocurrencies market manipulation. The people have also said that Tether often issues more USDT coins when the crypto market is going bearish.

The allegation of manipulation came up because of John Griffin and Amin Shams, two investigators at the University of Texas. The investigators released an article titled “Is Bitcoin really Un-Tethered?” The paper discusses how Bitfinex is using Tether to purchase Bitcoin on other crypto exchanges and especially when the Bitcoin (BTC) price is falling sharply in the market.

That is not the first time when Tether (USDT) raises concerns and gets accused of market manipulation

A comprehensive 3-page release was launched in June as a result of Freeh, Sporkin & Sullivan LLP investigation on Tether (USDT). This company has been granted complete access to Tether’s bank information together with information regarding the number of employees who actually own a part of the company’s shares.

This transparency was required when they uncovered a whopping $7 million, higher than what was recorded in a spot check of the Tether’s bank accounts.

Changpeng Zhao, the CEO of Binance, the world’ s leading cryptocurrency trading platform, recently expressed his worries regarding the Tether (USDT) cryptocurrency. In his opinion, Tether only profits from its trading portals. He also thinks the company is afraid of being shut down, and for this reason, they do not divulge their bank details.

Also, Charlie Lee, the founder of Litecoin (LTC), frequently stated that as its tokens are dollar-backed, Tether purchases cryptocurrency using these USDT tokens.

Categories
Crypto News

Bitmain IPO Concerns The Cryptocurrency Industry

The crypto mining equipment manufacturer Bitmain remains focused on its Initial Public Offering (IPO) as criticism raises the alert on its financial prospects.

As Bitcoinist announced in late-July, the company reported that it plans to conduct an IPO of $14 billion by the end of this year, after earning more than $1 billion in Q1 2018.

In the meantime, pre-IPO investor offering data has given rise to concerns about Bitmain’s financial outlook, focusing in particular on its massive Bitcoin Cash (BCH) stocks, which may not be liquid until the markets are converted before the IPO launch date.

“According to Bitmain’s investor deck before the IPO, they sold most of their Bitcoin (BTC) for Bitcoin Cash (BCH),” stated on Twitter Samson Mow from Blockstream.

The pre-ICO data issued in the past week suggests that several sources have argued that its level of investment in BCH may ultimately scare off the investors who are aware of Bitcoin Cash (BCH) liquidity status and the role of Bitmain in its safekeeping.

Bitmain IPO concerns the cryptocurrency industry

While Bitmain staff, among them the CEO Jihan Wu, is still hesitant to disclose the less complimentary second-quarter results and the alleged “secret” mining, analysts appear to concur that a bullish market for cryptocurrency would probably fix the liquidity issues.

“Bitmain will not launch an Initial Public Offering (IPO) until they have favorable market conditions, which means that there is likely to be a bullish market approaching the actual date of the IPO,” reads a blog post on this topic, published on Medium.com.

“However, once it is made public, shareholders will want to know why Bitmain continues to siphon off profits to underpin a failing currency and how they intend to liquidate their massive position in Bitcoin Cash (BCH),” affirmed Vijay Boyapati, a software engineer.

In conclusion, the Bitmain IPO (Initial Public Offering), expected to raise $14 billion by the end of the year, concerns the cryptocurrency industry due to the massive Bitcoin Cash (BCH) the crypto mining equipment manufacturer holds.

Categories
Crypto News

Indian Crypto Exchanges Try to Avoid Reserve Bank’s Crypto Ban and Offer Support for Tether (USDT) and TrueUSD (TUSD)

A growing number of crypto exchanges in India have started to list stable coins including Tether (USDT) and TrueUSD (TUSD). It appears that this may be an effort by some Indian crypto trading platforms to mitigate the adverse effects of the Reserve Bank of India (RBI) decision to prohibit financial institutions from providing banking support to anyone who deals in digital assets.

Indian crypto exchanged list stable coins such as Tether (USDT) and TrueUSD (TUSD)

Unocoin, a leading Indian cryptocurrency trading platform, said last week that it would be supporting TrueUSD (TUSD) on its Unodax exchange platform. TUSD is an ERC-20 token created on the Trusttoken platform, and every TUSD is intended to be exchangeable 1:1 against the USD.

At present, Unodax is reported to provide support for 23 different TUSD trading pairs, among them being Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). Inc42, an Indian news agency, stated that “the decision was made to minimize the impact of the RBI Circular on cryptocurrency investors and traders.”

The cryptocurrency trading platforms to bypass the Reserve Bank of India’s crypto ban

According to CryptoGlobe, on April 6th, RBI ordered all banks across India to cease providing banking solutions to crypto-related businesses and individuals seeking to exchange digital assets into fiat or vice versa.

“After RBI banned bank transfers for crypto trading and investment, we looked for plausible solutions to help our users continue without interruption and hassle,” said Sathvik Vishwanath, CEO of Unodax.

Zebpay, a primary Indian crypto exchange service, has just introduced TUSD to its platform. Currently, Zebpay only supports two trading pairs, BTC/TUSD and TUSD/INR (Indian Rupees).

Also, Wazirx has started to provide Exchange-escrowed Peer-to-Peer (P2P) solutions that enable consumers to make deposits and withdrawals with INR using Tether (USDT).

Although there were some disputes surrounding Tether (USDT), the market of the crypto does not appear to be concerned. In India, Wazirx’s new USDT escrow solution has gained popularity with the CEO of the Exchange, Nischal Shetty, reporting that “tens of thousands” of new traders had signed up for the exchange after providing the P2P escrow service.

Various other Indian crypto exchanges platforms have recently introduced support for Tether (USDT) and/or TrueUSD (TUSD).

Exit mobile version