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Crypto Markets

Plus500 Soared Up By 200% In the Last 12 Months Thanks To Cryptocurrencies

Plus500, the renowned investments firm, triples its sales and clients database with the cryptocurrencies boom at the beginning of the year. The effects of the crypto craze continue to be felt on the stock market at the stocks of Plus500 are continuously registering gains. The broker specialising in derivatives contracts has recently become one of the leading securities on the London Stock Exchange.

The shares of Plus500 rose 5.75% today, bringing the accumulated appreciation in the last 12 months to 207%. Its capitalization exceeds the level of 1,6 billion GBP, which equals roughly to $2,17 billion USD.

Despite this rally, investors became more optimistic just after today’s release of Plus500 results for the first quarter of the year.

Cryptocurrency trading was the most beneficial for Plus500

As it has happened with the Plus500 share price, both sales and the registration of new customers tripled compared to the previous year, thanks mainly to the investments craze triggered by cryptocurrencies, especially by Bitcoin (BTC). The crypto craze started at the end of 2017 and continued during the first 4 months of 2018, despite the cryptocurrencies market’s ups and downs.

The company’s revenues increased from $77.5 million to $297.3 million, and new customer acquisition soared from 22,210 a year ago to 72,960 in the first quarter of 2018.

Also, at the end of March, the company had 218,187 active customers, which means three times more than in March 2017.

Plus500’s earnings soared up thanks to the crypto craze

The recorded growth levels have also boosted the group’s earnings to $237.3 million, which are now five times more than the $45.8 million achieved in the first quarter of last year.

The company itself acknowledges that it will be almost impossible to repeat these growth rates in the forthcoming quarters due to the slowdown in the cryptocurrencies investment boom.

The recent investments craze over cryptocurrencies has totally shadowed the threat of a stricter regulatory market regarding the financial products such as CFDs (Contracts for Difference), being a beneficial situation for Plus500 which soared by 200% in the last 12 months. However, the cryptocurrencies market tend to follow the same direction towards regulations, thus, it might be possible that the crypto craze to slow down faster than expected.

Categories
Crypto

Bitfinex Cryptocurrency Exchange Has Just Listed Verge (XVG) And Stellar (XLM)

Bitfinex, the world’s biggest and best-known cryptocurrency exchange, recently reported the introduction of Verge (XVG) and Stellar (XLM) to its exchange platform. While the deposits in both new additions were accepted already, exchanges commenced today at 11:30 AM UTC.

From now on, XVG and XLM can be exchanged to the other major available cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), as well as to fiat money, which includes USD, EUR, JPY, and GBP, on the Bitfinex exchange.

Trade is now live for XLM and XVG. Both pairs can be traded against BTC, ETH, USD, EUR, GBP & JPY.

Bitfinex, on its official Twitter page

Bitfinex has been established in 2012 and has served as the largest Bitcoin exchange network since that time. This was created by taking into consideration the increasing demand for cryptocurrency services.

Verge (XVG) and Stellar (XLM) addition to Bitfinex cryptocurrency exchange brings them among the elite crypto coins of the market

Crypto coins such as Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and Monero are available for exchange on Bitfinex platform. Via a p2p platform, it provides leveraged trading.

The Bitfinex site states that “margin trading and P2P financing will be enabled gradually as the order book develops liquidity”. This type of trading allows a person to purchase more equity as one can either borrow funds or obtain a loan through a broker to trade the desired cryptocurrency or fiat money asset on Bitfinex.

Over the past day, before the announcement regarding Verge (XVG) and Stellar (XLM) listing on Bitfinex cryptocurrency exchange, the XLM value against the USD soared by about 3.7% to $0.44, while XVG gained about 23% reaching to $0.08. At the moment of this article, XLM is at the $0.43 level, decreasing slightly, while XVG trades at $0.079 increasing by 9.63% in the last 24 hours by slightly decreasing since the announcement has been made.

Categories
Crypto

Ethereum (ETH) Sharding To Overcome The Recent Blockchain Clog, Announced By Vitalik Buterin

Now, that the crypto coins and blockchains grow in acceptance and popularity, the scalability of the crypto networks is a growing issue, as the blockchains of the largest cryptocurrencies may not be prepared to handle as many transactions as they would require. This rapid increase in the number of cryptocurrencies holders over the past year has resulted in Ethereum (ETH) blockchain to clog up and the fees charged by it to rise. The solution would be Ethereum (ETH) sharding.

Therefore, the application of certain scalability measures put forward by the ETH developer, Vitalik Buterin, toward the community grew in priority. Thus, Vitalik Buterin, the founder and the leading developer of Ethereum (ETH), indicated today they will perform a Proof of Concept (PoC) based on sharding the network.

The sharding proposal to overcome this issue means the “repartition” of the blockchain among the net’s nodes. This means that every node can only approve a portion of the transactions.

Ethereum (ETH) sharding will improve the speed of the network

By allocating the approval of new blocks by this procedure means, Ethereum (ETH) network is able to significantly improve the processing of the network transactions. While the current protocol handles a new block every 12 to 15 seconds, via sharding the nodes it will process new blocks once every 2 to 8 seconds.

Even though the GitHub trial script has only 4 shards, Ethereum (ETH) team is expecting to be over 100 shards by the time it is deployed in the main blockchain.

Furthermore, Buterin argues that this backup chain will run on a PoS interface which will be tied to the primary Ethereum (ETH) blockchain, for the time being, but, when the Casper protocol will be completely deployed, the backup network should be completely incorporated into the primary ETH network.

With the complete and effective deployment of this Ethereum (ETH) sharding protocol, Ethereum (ETH) will be capable of handling many more transactions than it is able of processing at the moment. As a result, the different decentralized projects, that have been made famous under the name of CryptoKitties, will not negatively impact on the blockchain performance anymore.

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News

Is GTA 6 Going to be Different From its Predecessors?

GTA 5 has been a standout amongst the best games ever, and now, the same (or considerably more) is anticipated from its successor, the GTA 6. It is relied upon to be unique in relation to the past adaptations from multiple points of view, and ideally, it will satisfy the monstrous desires that have been developed by the past titles.

A standout amongst the most anticipated and expected changes in the Grand Theft Auto 6 is the introduction of a female hero as opposed to the typical all solid male saints in the course of the last five titles,  like the trio formed of Franklin, Trevor and Michael from GTA 5, Carl “CJ” Johnson from GTA San Andreas or Niko from GTA 4.

We’ll get a strong female character

Rockstar hasn’t presented any strong female character since Catalina from GTA 3. Likewise, the engineer has been criticized for a sexist demeanor towards the female characters, on account of the strip clubs and whores in its games. Along these lines, the time has come for Rockstar changes course by demonstrating the world how well it can put a strong female character in the game. What’s more, there is no better method to answer the sceptics by presenting a female lead in the GTA 6.

Further, there have been gossipy tidbits that Vice City would be back in the GTA 6. The thought is certainly engaging. The GTA arrangement has been running for as long as 21 years, and returning to where everything began isn’t an awful thought with some corrective changes and distinctive condition. With Vice City back in the game, GTA would likewise get the chance to pivot the whole establishment, offering another series and more interest to the present generation.

Categories
News Tech

Windows 10 April 2018 Update New Features and Improvements

Ever since Microsoft began offering Windows 10, the entry of new feature has turned out to be actually regular. Presently, we can get another Windows update every six months, as opposed to sitting tight for a considerable length of time. What’s more, in case you’re one of the Insiders, which right now is getting a charge out of the decency of RS4 and RS5, you get the chance to try new changes and enhancements relatively consistently.

Redstone 4, the successor to the Fall Creators Update, is authoritatively known as the update from the 10th of April 2018. Prior, it was known as the Spring Creators Update, yet Redmond did some very late changes, so they chose a new name. The update was relied upon to touch base on the 10th of April, however, got deferred as a bug was spotted.

Much the same as the past component updates, the Windows 10 adaptation 1803 (Build 17134) additionally strengths the mainstays of Microsoft’s advanced Windows-as-a-Service (WaaS). Aside from the different enhancements spread over the system, a large number of them are familiar outline impacts and the progressions made to the Settings application which is turning into the cutting-edge Control Panel.

Windows 10 April 2018 update: features

Windows Timeline

Timeline is likely the greatest April 2018 Update added to Windows 10. Available through the Task View button (or Windows + Tab), it is a course of events style interface that enables Windows clients to continue the applications at present running or the applications got before.

Near Share – share file wirelessly

Windows 10’s worked-in Share tools have another capacity called Near Share. You can think about this April Update feature as an AirDrop elective for Windows 10. With the assistance of Near Share, individuals can share records, sites, and other stuff with different gadgets in the area. Prior, Near Share was restricted to Bluetooth, yet now it works on WiFi also.

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