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Midas Protocol Integrates with Kyber Network and IDEX to Create Universal Wallet

Midas protocol integrates with kyber network and idex to create universal wallet

Midas Protocol Integrates with Kyber Network and IDEX to Create Universal Wallet

Midas protocol integrates with kyber network and idex to create universal wallet


March 21st, 2019, Singapore – At the heart of Midas ecosystem, Midas Protocol is a universal wallet created for everyone, from new users to experts. It aims to be the most innovative wallet for all essential crypto needs, from safekeeping, intelligent trading and portfolio management.

Over the past years, growing a strong ecosystem has increasingly been targeted by many firms’ as one of their priorities, regardless of the industry they belong in. Developing a robust ecosystem within industries focused on the use of blockchain technology is therefore not much of a diversion from the direction all other businesses are taking. The Midas ecosystem‘s concept lies in utilizing a collection of tools and platforms with a single aim to help people trade, invest and promote wise and secure use of cryptocurrency.

Available on both iOS & Android, Midas wallet supports multiple blockchains such as BTC, ETH, USDT, NEO, TUSD, TVND, TOMO, ZCOIN, MAS, DIVI various ERC-20s, NEP5, TRC-20 tokens, and counting. The wallet has also integrated with Kyber Network and IDEX for hassle-free in-app trading directly from a mobile wallet with over 500 tokens; integrated with Vinex Network for trading through API. It has a built-in dApp browser that runs seamlessly with deep-link and address book for convenience use. The most important and essential part of Midas infrastructure is the secure and user-friendly multi-coin wallet that gives users the ability to:

  • Run on all major platforms: Mobile (both iOS & Android), Desktop & Web (coming soon)
  • Safely store various type of cryptocurrencies
  • Safely send coins and tokens to friends and contacts.
  • Safely connect and spend cryptocurrencies on any E-commerce platform that accept crypto payment directly or via a crypto payment service provider.
  • Safely and directly trade with decentralized exchanges without sending private key to any external party
  • Safely and directly trade with centralized exchanges without sending API key to any third party
  • Monitor and manage their portfolio: how it changes over time, and historical transactions/trades in details
  • Get notified when important crypto news release or when a cryptocurrency in user’s portfolio change substantially or trades get executed
  • Get rewards with high-performance ROI portfolio
  • Subscribe, follow, copy trade strategies from top investors/traders

For better security, the data file that contains private keys and API keys is encrypted by a user’s password, therefore user’s data & private key are protected from thieves. Midas has also partnered with Sentinel Protocol to integrate Midas Wallet to Sentinel Protocol’s Interactive Cooperation Framework (ICF) API with Threat Reputation Database (TRDB), which contains Security Intelligence Whitelists and Blacklists detailing confirmed IOC’s of threats related to phishing, malware, hacks, and scams.


Midas Protocol has joined some of the world’s leading wallets and exchanges  as a member of the Foundation for Interwallet Operability (FIO).

Alongside Midas wallet is a crypto exchange – Vinex.Network, another key pillar of the ecosystem. The dynamic and fast growing exchange has listed many highly sought-after coins & tokens. It has also been featured on Coingecko recently. Essentially, Vinex.Network exchange offers:

  • High performance trading: the capability to process 500,000 orders per second
  • Extensive APIs: Support 3rd-party trading platforms and algorithmic trading bot
  • 24/7 support
  • Mobile support
  • Staking reward ( $DIVI & more coins adding soon)
  • Airdrop center
  • OTC support
  • Leaderboard as Social Trading Functionality
  • Other features are underway

In parallel with their core development, Midas is also working with various partners to offer a range of new additions to their ecosystem:

  • A stablecoin for Vietnam market: TrueVND (http://www.truevnd.com), listed on Vinex.Network, IDEX, Tokenomy and a peer-2-peer TVND exchange (http://www.tvnd.market)
  • TomoDice (http://www.tomodice.com) and McashDice (http://www.mcashdice.com): gaming platform dApp that run flawlessly from Midas dApp browser.
  • TomoBowl (http://www.tomobowl.com): A social gaming arena where players can play directly against each other or in a group. Tomobowl will be a dApp fully integrated into Midas wallet.
  • Tomovatar (integrated in Tomobowl): a set of avatar that can be used on Tomobowl, Tomodice, Tomodome, and Mcashdice. This set of avatar is non-fungible in nature, hence tradable directly on a marketplace on Tomobowl.
  • TomoDome (http://www.tomodome.com): the hall of fame for Tomochain builders and supporters as well as for the partners of Tomochain to showcase their branding in one place.
  • Midashimaya (http://www.midashimaya.com): the Amazon on Blockchain, a decentralized and online department store that offer to shop owners the capability to open shop and sell to buyers who can sign and pay directly by using Midas wallet on dApp browser.
  • NewCater (http://www.newcater.com): a decentralized auction platform using smart contract for bidding of items, including collectibles such as Tomovatars.
  • CoinUp24 (http://CoinUp24.com): a blockchain and crypto-focused news what will provide curated news to Midas wallet users.
  • B.E.S.T Center (http://www.bestcenter.vn): a blockchain engineering training and headhunting center located in Hanoi, Vietnam where conferences will take place to exchange ideas for blockchain movement in South East Asia.

These several described projects have perhaps shone a better light at the whole Midas ecosystem and ignited the land of opportunities to those more interested. One cannot however hope, that mere words are enough to completely describe The Midas ecosystem in its entirety, it is only the users’ experience that is able to and which we await with great anticipation.

To learn more visit the Website – https://www.midasprotocol.io
Follow on Facebook – https://www.facebook.com/midasprotocol.io
Chat with Midas Protocol on Telegram – https://t.me/midasprotocolglobal
Connect on Twitter – https://www.twitter.com/MidasProtocol
Subscribe on YouTube – https://www.youtube.com/c/midasprotocol

Media Contact
Contact Name: Phillip Phung
Contact Email: [email protected]

MidasProtocol is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest


Disclosure: This is a Sponsored Press Release

Published at Fri, 22 Mar 2019 03:38:52 +0000

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AWS on Blockchain Reluctance: ‘We Don’t Build Technology Because We Think the Technology is Cool’

At a time when many companies are rushing to embrace blockchain technology, Amazon Web Services (AWS) has adopted a more cautious ‘looking but not touching’ approach.


At this year’s AWS re:Invent conference in Las Vegas, CEO Andy Jassy made clear AWS’ stance on the popular technology, telling journalists that while they have “a lot of customers and partners who either build blockchains on top of AWS or are building services to use blockchain on top of AWS,” they have no plans to integrate the technology themselves anytime soon.

Jassy stated:

We don’t yet see a lot of practical use cases for blockchain that are much broader than using a distributed ledger. We don’t build technology because we think the technology is cool, we only build it if we think we can solve a customer problem and building that service is the best way to solve it.

AWS CEO Andy Jassy

If It Ain’t Broke, Don’t Fix It

While the cloud services platform, which boasts such high profile customers as the NFL, Time Warner, and the Walt Disney Company, isn’t necessarily averse to rolling out a blockchain product at some point, AWS says that isn’t a need for it at this time.

As far as Jassy is concerned, there aren’t many use cases for blockchain technology beyond the distributed ledger. He noted that most of the use cases for which their customers are turning to blockchain technology can already be solved using other technologies – most of which AWS already has within its existing capabilities.

Competitors Rush in Where AWS Won't (Yet) Tread

Competitors Rush in Where AWS Won’t (Yet) Tread

AWS has many competitors in the cloud services space and many of those competitors, including IBM and Microsoft, are more optimistic about blockchain technology and distributed ledgers.

This year, Microsoft rolled out Coco, a framework designed to facilitate blockchain adoption by adapting existing blockchain protocols or by creating entirely new protocols, and their Azure Blockchain service, a BaaS (blockchain as a service) that enables businesses to quickly and easily configure and deploy a blockchain network.

IBM also launched their own BaaS, IBM Blockchain, which “empowers businesses to digitize transaction workflow through a highly secured, shared, and replicated ledger.” In addition, they have joined The Hyperledger Project in an effort to help advance cross-industry blockchain technology.

The blockchain ecosystem has received a lot of hype in recent months for its unparalleled solutions across several industries, including business, health, insurance, supply chain, artificial intelligence, and many others. Just like any new technology, the first adoption is very important in creating value. But since the sector is still growing, more research is needed, as clearly stated by Jassy, in order to ensure the realization of the true use cases of this technology. But as to whether there are other systems that will be more useful in solving decentralized problems than the blockchain, that is yet to be known.

Do you think AWS is making a mistake by not throwing their hat into the ring and embracing blockchain technology? Let us know in the comments below.


Images courtesy of Flickr/JD Lasica, AdobeStock, Flickr/debbie ding

The post AWS on Blockchain Reluctance: ‘We Don’t Build Technology Because We Think the Technology is Cool’ appeared first on Bitcoinist.com.

Bitcoin Price Analysis: Choppy Market Conditions Lead to Tests of Parabolic Resistance

Bitcoin Price Analysis

The bitcoin market has been getting chopped to pieces for weeks as the market has faked up, faked down, consolidated and routinely stopped out traders. Last week, we discussed a potential large move due to a consolidated symmetrical triangle. However, the breakout failed to garner any momentum and ultimately flopped as the move upward quickly died down and ultimately reversed.

At the time of this article, however, the market is poised in a precarious situation as it tiptoes around historic support/resistance along the parabolic envelope:

Figure_1 (3).JPGFigure 1: BTC-USD, 2-Hour Candles, Parabolic Curve Test

As noted in previous bitcoin analyses, this parabolic envelope has been the dominating trend for the last three years:

Figure_2 (3).JPGFigure 2: BTC-USD, 1-Day Candles, Macro Trend

Over Thanksgiving, the parabolic trend that was previously governing much of the three-year bull market broke upward as the market’s parabolic movement accelerated aggressively upward. Since the break to the top of the parabolic envelope, the market has been on shaky ground where, at one point, it even did a massive 50% retracement. Since that aggressive retracement, the market has yet to fully recover and resume any semblance of a bullish continuation. Currently, the once-supportive parabolic curve is now proving to be a point of resistance as the market has made several tests of the upper resistance.  

To date, this marks the fifth test of the parabolic trend. This time, however, we are testing it from the bottom of the parabola. Previous tests from the top side of the parabola were swiftly rejected causing very little market activity to take place below the parabolic trend. It seems, yet again, bitcoin is at a crossroads as it decides if the upper parabolic resistance is too strong to resume an uptrend.

If the market continues downward, we can expect to find support along the low boundaries of the trading range (shown in blue), the linear trend (shown in pink) and the lower parabolic curve (shown in black):

Figure_3 (2).JPGFigure 3: BTC-USD, 2-Hour Candles, Next Lines of Support

Summary:

  1. Choppy market conditions have led bitcoin to test the parabolic support — a previous guiding trend for the last three years.

  2. A failure to break the upper parabolic resistance may cause a test of lower values.

  3. Support will be found at the lower ranges of the trading range and along the linear and parabolic trend lines.

Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.


The post Bitcoin Price Analysis: Choppy Market Conditions Lead to Tests of Parabolic Resistance appeared first on Bitcoin Magazine.