The Friend UP – Personal Virtual Cloud Computers for Everyone

What is The Friend UP?

The Friend Unifying Platform (FriendUP) is a new decentralized infrastructure and service network that allows developers to deploy applications to users worldwide. Additionally, it offers a full desktop environment and mobile interface for running multiple applications and using cloud storage and network devices. It was created to allow developers to deploy on open source, user owned infrastructure and break out of technology silos.

FriendUP runs on Friend Servers, software that can be downloaded and installed to form the Friend Network. Each user who is running such servers are rewarded with FRND, Friend’s own ERC20 compatible Ethereum based token. Inside this network, there is a marketplace – the Friend Store. Here, users can trade, using FRND, in services and applications.

Friend has been in development for over 4 years and has already released two major versions for centralized infrastructure. Because of its history with commercial customers, the Friend team decided to also support fiat currency in the store through exchanges. This allows both crypto and non-crypto customers to participate in the market.

What tasks does Friend solve?

Friend has been created to provide people with personal Virtual Cloud Computers, which are special machines, powered by potentially millions of servers, which can give users a great computing involvement on the decentralized network. Unlike AWS, Microsoft Azure, Google Cloud and other wonderful creations of engineering, they do not belong to any corporation, are not restricted by licensed firmware or any commercial contracts. They generate an absolutely free and accessible service, which operates on all devices. Friend is an ecosystem of servers and clients. Servers provide customers with storage space, computing capacity, redundancy and different kinds of digital services. FriendUP gives users a Virtual Cloud Computer and a virtual data center with pretty much unlimited resources. This data center can be used for anything from running a website to offering a server backed API or advancing a multiplayer game server network. The Friend Network will technologically enable developers to create productive and completely capable systems and operate them together.

Friend’s TGE

The TGE starts at 09.00 CET on the 16th of April 2018 and ends at 15.00 CET, on the 16th of May 2018. The minimal amount that has to be spent on tokens is 0.1 ETH. 1 ETH equals 20 000 FRND tokens. The soft cap is 25000 ETH and the hard cap is 75583.3 ETH.  The maximum amount of tokens created during TGE is 2 000 000 000. Tokens will be transferable 30 days after the end of the TGE. Join the pre-sale, which is live now, to receive an additional 20% of tokens (1 ETH during pre-sale = 24 000 FRND).

Join The Friend UP via the link: https://friendup.cloud/

Telegram: https://t.me/friendupcloud

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

GShare Helps to Expand Adoption of MGO Tokens

MobileGo team claim their products are being developed to meet the needs of both gaming community and blockchain enthusiasts.

Starting today beta-testing of MobileGo brand-new product is available for everyone. What is it and why is it worth attention?

What is GShare?

GShare is a special tool for earning GShare Gold. To make a long story short, it converts your computer power into GShare Gold coins. From some point of view it is ‘mining’, with the only difference –  GShare Gold is not cryptocurrency. GShare Gold is a soft currency to bring new possibilities to gamers, expand existing and also open doors to the world of blockchain, by saying that we mean earning MGO tokens using Gshare Gold. GShare Gold is earned without any extra efforts, user just need to run the app, press the ‘Start’ button and that’s it. User is already in, earning GShare Gold while playing his favorite games, working or doing whatever he wants to. Later on this GShare gold coins can be used on esports platform to participate in tournaments and win MGO tokens. GShare is interesting news not only for gamers. GShare is believed to  write a new page in history of social impact as well. So not only gamers can benefit from using GShare platform by earning MGO tokens for victories, but, people who want to make difference in this world, would be able to participate in socially important activities using GShare Gold. But first things first.

How to use GShare Gold earned with GShare

GShare Gold can be used on esports (competitive) platform that is also available for public tests from now. You can use GShare Gold as a tournament entry fee and earn even more with just personal gaming skill, and not only GShare Gold but the MGO tokens as well. The platform beta-version is already live and ready to use. The platform has been developed specially in such a way that no matter of skill level everyone, even people new to esports can find a decent competitors  and spend some good time playing, be victorious and claim his prize in MobileGo tokens. MobileGo team claims that soon GShare gold would also gain adoption in many other spheres. It is being said that GShare Gold will be accepted on social activities platforms to unite non-indifferent people which desire to change the world and make it a better place, which sounds quite intriguing.

How is GShare useful for MobileGo?

The holders of MGO have another cause for excitement. MGO is being accepted as a payment method in both Xsolla Pay Station and esports platform, which makes its adoption even more massive. The key moment is that players who used GShare Gold to enter the tournaments on esports platform and showed their best play and won can claim their victory bounty in MGO, so MobileGo token has all chances to become desired by numerous gamers around the globe.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

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800% Increase In Money Laundering Cases Connected To The Cryptocurrency

According to the report published by the news media outlet “The Japan Times”, the National Police Agency in Japan registered about 6000 cases of money laundering connected to the cryptocurrency industry. The figures were taken from the research in the period from January to October 2018.

The amount of cases has raised showing an 800% increase in compare to the period from April to December 2017.

An NPA official commented on this situation:

“We have seen some large-scale cryptocurrency thefts, and operators are believed to be scrutinizing transactions more rigorously.”

In the report, NPA also emphasized on the vulnerabilities of the cryptocurrency transactions. Anonymous transactions can be transferred to overseas, due to different cryptocurrency regulations in various countries, it is hard to track the culprit.

We remind you

How to Determine Whether a Cryptocurrency Is Reliable and Invest Your Money Properly?

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Lightning Network of Bitcoin Blew Up: A 1600% Increase Since Last February

The BTC Lightning Network which was created to fight with the issue of Bitcoin scalability is developing at a huge pace. The story began last February. Back then, the network only had 1 thousand channels, worth 4 BTC per channel.

The network started growing. In August it already had 11 thousand channels with a price of 97 BTC per channel. We remind you:

The Number of Channels in the Bitcoin Lightning Network Exceeded 11 Thousand

And then Bitcoin Cash hardforked, and things went wild. The Lightning Network literally blew up. At the time of writing, the number of its channels equals to 16677. This means an increase by 1600% since the February of 2018.

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Cryptocurrency Prices Today, December 7: BTC Dropped by 12% in a Day, Cryptocurrency Collapsed

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coingecko, Bitcoin (BTC) lost a record 12.4% over the past 24 hours. The price at the time of writing is $3377 per coin.

Following BTC, cryptocurrencies fell in price:

Bitcoin Cash lost 19.11% over the past 24 hours and costs $110 per coin;

Ripple fell by 12.3% and has a rate of $0.30;

EOS minus 25.04%, and its price is $1.70;

Litecoin decreased by 14.9%, and its cost is $25;

Cardano lost 17.72%, and its value is $0.028;

Stellar became cheaper by 17.42% and costs $0.10;

IOTA dropped by 17.53%, and its value is now $0.24;

Dash fell by 21.65%, and its price is $61;

Monero lost 2.18% and costs $45.

Over the past 24 hours, Ethereum dropped by 17.63% and continues to decline. The coin rate crashed down to $84, according to Coin 360.

The total market capitalization fell to $107 billion. Bitcoin accounts for 55.2% of the total volume. In monetary terms, it is $59 billion.

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Cryptocurrency Prices Today, December 6: Ethereum Is on the Verge of a Psychological Mark of $100

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coingecko, Bitcoin (BTC) added 0.6% over the past 24 hours. The price at the time of writing is $3869 per coin.

Cryptocurrencies continue to decline:

Bitcoin Cash lost 11.17% over the past 24 hours and costs $145 per coin;

Ripple dropped by 1.54% and costs $0.34;

EOS minus 4.37%, and its price is $2.22;

Litecoin fell by 1.62%, and its cost is $29;

Cardano lost 3.79%, and its value is $0.034;

Stellar decreased by 5% and is $0.13 in price;

IOTA lost 1.49%, and its value is $0.27;

Dash fell by 3.30%, and its price is $79;

Monero dropped by 2.18% and costs $53.

Over the past 24 hours, Ethereum decreased by 4% and continues to decline. The cost of the coin is $102, according to Coin 360.

The total market capitalization is $123 billion. Bitcoin accounts for 54.7% of the total volume. In monetary terms, it is $67 billion.

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“Don’t do it in Beijing”: Chinese Authorities Banned Security Token Offerings

According to Chinese news media outlet Caijing, Beijing government decided to do away with any types of token sales, namely they banned security token offering (STO) in “Northern Capital”.

The statement was announced at the ‘2018 Global Wealth Management Forum’ by Huo Xuewen, the chief of Beijing’s Municipal Bureau of Finance:

“Recently, ICOs have been abandoned, and a new concept called STO has been advertised. With today’s platform, I will make a risk warning to those who are propagating in Beijing and want to issue STO. Don’t do it in Beijing. If you do it in Beijing, you will be taken away from illegal financial activities. When we have the authority to approve you to do an STO, we will say.”

The STO is a friendly-regulated kind of an initial coin offering (ICO). The STOs are enable to possess securities or stakes in business, as well as get the profits from it. The tokens represent tangible assets.

We remind you that China banned all foreign ICOs inside the country back in April this year. The SEC also decided to introduce fines for celebrities who promote scam ICOs.

SEC Is Going to Fine Social Media Celebrities Who Promote Scam ICOs

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