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CoinMarketCap Quietly Removes BCH-Promoting Bitcoin.com From Its BTC Page

Coinmarketcap quietly removes bch-promoting bitcoin. Com from its btc page

CoinMarketCap Quietly Removes BCH-Promoting Bitcoin.com From Its BTC Page

Major Cryptocurrency price tracking site CoinMarketCap (CMC) has removed the website Bitcoin.com from its Bitcoin (BTC) page as of today, May 6. Though there was no official announcement from CMC, the price tracker removed bitcoin.com as BTC’s secondary website evidently in the wake of recent allegations that bitcoin.com was misleading customers into buying Bitcoin Cash (BCH) instead of bitcoin.

According to the Internet Archive Wayback Machine, bitcoin.com still appeared on CMC as bitcoin’s “Website 2” on May 2.

Pic

At press time, CMC refers to Bitcoin.org as the single website listed for bitcoin.

The crypto wallet and media service bitcoin.com was started by crypto investor and major BTC-turned-BCH-proponent Roger Ver. After the bitcoin blockchain was hard-forked to create bitcoin Cash in August 2017, bitcoin.com launched a crypto wallet that automatically creates both BTC and BCH accounts, with bitcoin Cash appearing first as the default option.

By press time, bitcoin.com still offers users BCH as default, keeping BTC as a second option, confusingly called “bitcoin Core”, the name of BTC’s software client.

Pic3

On April 27, a group of pro-BTC users created a site to raise funds for a lawsuit alleging that bitcoin.com was intentionally misleading users into buying BCH instead of BTC. However, shortly after, the movement’s initiator announced that they were not able to gather sufficient funds to file a lawsuit, and refunded those who donated to the cause.

Earlier today, Cointelegraph reported that former Wall Street executive Michael Novogratz weighed in on the battle between BTC and BCH for the ‘bitcoin’ brand. In a response to a tweet from the BCH-promoting Twitter handle @bitcoin, Novogratz stated that BTC was in fact the true bitcoin, saying, “[e]nough already. bitcoin core is BTC. It is a store of value. It is digital gold. It’s market cap dwarfs bitcoin cash [sic].”

Meanwhile, bitcoin.com’s CEO continues to promote BCH as a “better currency” and “better store of value” than bitcoin on Twitter.

Published at Sun, 06 May 2018 22:19:56 +0000

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Investors Called to Action as Bank4YOU Group ICO Prepares for October 26 Launch

London, UK – Bank4YOU Group will launch an ICO campaign during the last week of October in order to accelerate the goal of scaling its service rollout across Africa, Asia, and Latin America. An indicative estimate for the total funding requirement is $50 million, which can be used to support the company’s expansion into new markets and to develop enhanced services (including consumer micro-loans and incorporation of bitcoin or other cryptocurrencies within its money transfer services).

[This is a press release.]

David Agar, CEO of Bank4YOU Group, said:

The World Bank estimates that two billion people are without access to formal financial services with more than 50 percent of adults in the poorest households being unbanked. […] As a company, we recognize that financial inclusion is the main point to reducing poverty and boosting prosperity. With our new blockchain-enabled Mobile Money Remittance Service (MMRS) we intend to play a very active part in making this happen.

Agar will present the demo version of the product at Finovate Asia 2017 in Hong Kong during the ICO campaign.

According to Bank4YOU Group board, the project’s originality is concentrated in the Blockchain technology, the structured chain of data within the decentralized platform. The ICO’s purpose is the development of the MMRS, which is the first convergence of cryptocurrencies with mobile network operator accounts.

The company aims to develop an innovative electronic payment system, which would enable:

  • safe execution of cross-border mobile money transfer between countries
  • possibility to withdraw funds in local currency using local mobile operator products such as mobile money and mobile airtime

The ICO campaign will begin on 26 October and end on 16 December 2017. Within this project, the company will issue 300.000.000 BFY tokens of Bank4YOU Group. The referral program, along with the bonus system, can be found on the company’s ICO website (www.bank4you.io).

About Bank4YOU Group

Established in 2013 and headquartered in London, UK, in 2016, Bank4YOU transformed into Bank4YOU Group, an international consortium of fin-tech service companies operating within the electronic mobile payment services arena. FCA License No715451, issued by the UK’s Financial Conduct Authority authorizes Bank4YOU to provide credit.

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Images courtesy of Bank4You Group

The post Investors Called to Action as Bank4YOU Group ICO Prepares for October 26 Launch appeared first on Bitcoinist.com.

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