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November 2017

OPACITY LAUNCHES CRYPTO FILE STORAGE

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Opacity

Opacity

Opacity focuses on privacy, security, and a familiar user experience.

SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as email, name, or payment information is ever required or stored.

The new Opacity 128GB storage plan accepts payment in OPQ tokens for 1 year of storage service with unlimited free downloads. Opacity encrypts user data starting in the browser, during upload, and in storage. Storage accounts are protected by a personal Account Handle and files can be privately shared with anyone in the world using a private File Handle.

“Our product represents a new era in online data privacy. Our customers have a strong interest in reclaiming online privacy and security to protect themselves and their data” said Opacity CEO, Jason Coppola. “There are very few native crypto businesses providing this level ease of use. Anyone familiar with traditional storage providers will be familiar with our interface and will be able to jump right in. I look forward to increased adoption of cryptocurrency as a private payment method and we are proud to be leaders in this space.”

Pricing & Availability

New storage plans for 1TB and larger, and new features such as desktop and mobile applications, will arrive this year.

Additional Resources

Follow Opacity on TwitterTelegramReddit, and YouTube.

About Opacity

Founded in 2018, Opacity Storage is dedicated to online data privacy and security. Online data breaches continue to be a major consumer risk. Opacity is reducing this risk by removing the need to provide personal payment data and by decentralizing files stored online. For more information, visit opacity.io and follow @Opacity_Storage on Twitter.

Featured image: Opacity

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Crypto News | Huobi Adds XRP and IBM Releases X-Force Red

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crypto news

crypto news

Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red.

Huobi Adds XRP to OTC Trading Desk

Yesterday, Huobi released word that XRP would launch on its OTC platform today, making this the biggest piece of crypto news circulating today. The XRP Huboi launch was set at 10:00 (GMT-8). Huobi is currently the ninth-largest cryptocurrency exchange by its 24-hour exchange volume.

XRP now joins Bitcoin, Ethereum, EOS, Tether, and Huobi Token, among the coins supported on the OTC trading platform. This platform offers an exchange bridge between digital currencies and fiat currencies.

OTC trade desks have become extremely popular as of late. Many crypto news sites have been heavily following the OTC movement, and it seems Huobi is trying to compete with the other major exchanges such as Binance and Bittrex.

>> Kraken Futures Trading Nears $1 Billion in First Month

OTC trade desks facilitate direct transactions between two parties, unlike exchange trading where buy and sell orders are matched through an order-book.

IBM X-Force Red Security Tool

Another exciting piece of crypto news currently circulating involves IBM’s latest push in blockchain. The X-Force name gives off a ‘space’ vibe, but it has people’s attention, which may have been the goal. IBM Security’s X-Force Red is the firm’s dedicated security task force.

Yesterday, the task force released the X-Force Red Blockchain testing service, aimed at tackling inefficiencies in enterprise blockchain deployments. This service will focus on specifics like hyper ledgers, public key infrastructure, and chain code.

This new piece of crypto news is great for enterprise blockchain, which has received recent criticism. IBM firmly believes in the value of using the blockchain in business, and the company is seeing real efficiencies and cost savings from its use. Despite the criticism, IBM continues to push forward with its enterprise blockchain solutions. If successful, the company could push its developing technology to the front of all enterprise blockchain solutions on the market.

Featured Image: Pixabay

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Bitcoin SV (BSV) Jumps Another 28%

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Bitcoin SV

Bitcoin SV

The crypto space has had a bit of a rollercoaster ride over the course of the past year, during which many cryptocurrencies have had their time in the sun, and one of the more notables tokens to considers in this regard is Bitcoin SV (BSV).

Key Drivers

In a development that will come as a major boost for investors in the token, Bitcoin SV has managed to break out into a rally on a day on when the wider market has remained largely stagnant. BSV has been in the middle of a largely sideways trend prior to the breakout.

Earlier on today, Bitcoin SV was trading at $116 a token, but the token experienced a sudden jump to $149, up over 28% for the day. Market watchers are not yet quite sure about the reasons behind the jump, and that has given rise to all kinds of speculation.

For instance, the legal battle between the proponent of BSV and the estate of Craig Wright, who claims to be Satoshi Nakamoto, has been cited as one of the reasons behind the pump. BSV has had an impressive year so far and has gained as much as 55% in 2020.

>> Ethereum Dev Indicted By Grand Jury Over North Korea Appearance

The token has rocketed from the beginning of the year, and experts believe that much of the gains made by BSV are apparently due to the upcoming hard fork that is coming in February. The BSV blockchain is going to have the much anticipated Genesis upgrade on February 4 this year, and it is believed that traders are piling on to the cryptocurrency ahead of this. However, it remains to be seen whether BSV can hold onto the gains in the days leading up to February 4. Crypto traders should keep an eye on Bitcoin SV.

Featured image: DepositPhotos © leungchopan

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Mastercard and Visa Reconsider Libra as Regulatory Criticism Intensifies

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Libra

Libra

On Tuesday, the Wall Street Journal reported that MasterCard Inc. (NYSE:MA) and Visa Inc. (NYSE:V), among other financial partners, could be reconsidering their position in Facebook Inc.’s (NASDAQ:FB) cryptocurrency project Libra.

Backers Not Ready for Criticism from Regulators

The Journal report indicated that the financial backers of the cryptocurrency project are not ready to draw criticism from regulators. Libra has received criticism from legislators owing to the reputation of Facebook regarding how it has been handling personal information. Many have declined Facebook’s request to support Libra publicly.

In an interview with CNBC, Visa CEO Alfred Kelly had indicated that although they had signed a letter of intent with the Libra Association, they were nonetheless not a member of anything. He further added that the company will not be part of the association unless there is proof of compliance with regulations.

Libra has two dozen backers, and the report indicates that policy execs of the Libra Association have received a summons to a meeting in Washington. Last week, the association head indicated that the leaders of the project were committed to addressing regulatory concerns about the token. According to Bloomberg, Stripe Inc. and PayPal Holdings Inc. (NASDAQ:PYPL) are still unsure about signing on with the project.

>> Bakkt’s First Week Trading Volumes Hit Just $5 Million USD

Facebook Pushes Back the Launch of Libra

Last week, Reuters reported that the coin’s launch could be pushed back in order for Facebook to address growing regulatory concerns across the globe. Facebook had planned to launch its stablecoin in mid next year in collaboration with Libra Association members. Libra Association leaders will meet in Geneva on October 14 to review a charter for the association as well as appoint directors.

The cryptocurrency project was seen as the path to the mainstream adoption of virtual currency. However, the project has met political and regulatory criticism with some EU countries such as Germany and France vowing to block it from Europe. Last month, Bruno Le Maire, the economy and finance minister of France, indicated that Libra is a threat to monetary sovereignty under current circumstances and should not operate in Europe.

Featured image: DepositPhotos © Stockcrafter

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