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SimpleFX Review: A Good Bitcoin Broker Or A Scam?



SimpleFX is one of the most popular Bitcoin broker sites that began its operation in 2014. Ever since then, the brokerage community has allowed customers to trade bitcoins which positioned it as one of the most reliable crypto exchanges out there.

Basically, SimpleFX lets traders work with a range of financial instruments and trade more than 60 currency pairs including commodities, bitcoins, litecoins and precious metals. The real benefit here is the fact that all trading operations go through the convenient MetaTrader platform which makes it easy to register on SimpleFX (with up to five accounts) and the same number (of five) demo accounts.

All you need to do in order to start trading cryptocurrencies at SimpleFX is to submit your information in the registration procedure. The account creation won’t take more than 3 minutes of your time and is completely free. All you need is an email address (or a social network account) that you should immediately verify – and you are done!

SimpleFX Review – is a good forex broker or a scam? > 

There are several deposit/withdrawal methods and fees. The transfer of funds takes approximately 15 minutes to be completed and you can choose different platforms to get paid including the cryptocurrencies Bitcoin, Altcoin, Dash, Ethereum and Bitcoin Cash – or credit card, Skrill, Neteller, MegaTransfer and Local Payments among the options.

According to many reviews, the customer support at SimpleFX is great and there are glitch-free systems which are designed to take care of users in a great way. Even though the opinions are divided, most of the traders know that SimpleFX is among the best bitcoin and forex broker sites in terms of its user interface, usability and prices.

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Blockchain Archive

Best Cryptocurrency Casinos For Crypto Players

For all the casino lovers, we created a list with all you crypto players that want to use some of your coins to have fun and even have a chance at winning. Here are some of the greatest crypto casinos out there.

1. JoyCasino

As one of the most popular new Bitcoin casinos, JoyCasino is a great option if you want a big and fat bonus for playing the top casino games. While the slots are standard, there are a lot of other live dealer casino games making JoyCasino one of the most logical choices when it comes to the best Bitcoin casinos in 2018.

2. mBit

This is another bitcoin oriented casino and is one of the biggest in the US. mBit has a great reputation for its amazing software and brilliant customer service. The casino was founded in 2014 and is now based in Curacao where they are fully regulated by the gaming commission. mBit offers more than 1000 different games and even more are added almost every week. You can play blackjack, roulette and live dealer all with BTC. Signing up takes literally seconds and you can use the apps that you can find on Android, iPhone or Windows phone.

3. Fortune Jack

Fortune Jack is a crypto casino founded in 2014 and among users; it’s the most trusted Bitcoin casino. This casino is also regulated by the Curacao government and it offers more than 500 games on its platform. Players can make deposits through Bitcoin, Dash, Litecoin and many more. Fortune Jack has an effective and fast support system and it’s one of the most visited crypto casinos out there.

4. TonyBet Casino

This is one of the best Bitcoin casinos in 2018 which is available and authorized to offer online casino games to UK players too. Aside from this, TonyBet has a great reputation in the casino sites. With more than 300 video slots and amazing games, the fun never ends.
  1. TrueFlip

TrueFlip is a great gambling platform that offers fair draws and huge jackpots. There are some amazing features such as TFL tokens, referrals, and even free lottery tickets. You can choose from a broad selection of games, the most popular being Chain’s Code and Rapid to the Moon. There is about 5% commission.
  1. ZigZag777

ZigZag 777 is another amazing gambling platform. It offers a variety of games to play and you can even download an app for your phone and play on the go. Players get rewards constantly with different sorts of bonuses. There is also the option to try free demo play. There are more than 500 games to choose from. There is a 10 percent fee from deposit amount.
  1. 777Coin

Of course, three sevens is a lucky thing in the gambling world so no wonder this is another casino with the same numbers as the one above. They do not offer bonuses however but the website is super-fast and responsive. There are about 20 games and you can also play on your mobile phone.

This casino claims to be zero-house-edge. It offers sportsbook and fair games. New players get enrolled in a VIP program with huge rewards and players can even play games without risking bitcoins. There’s a mobile version to the casino and no fees as well.
  1. Bitcoin Penguin

This gambling platform will keep you entertained for sure. There are more than 500 games that you can play for free before using your cryptocurrencies. They offer immediate deposits and cashouts and a minimum fee of 0.1 BTC.
  1. Argo Casino

Argo Casino offers a wide selection of games and the graphics on the website are fantastic. According to users, the customer support is extraordinary and usually rated with 5 stars. Players that play for a long time get a wide variety of bonuses. However, not all the countries around the world can play because of the methods of payment and you also have to create a personal account to play.
  1. PlayAmo Casino

PlayAmo Casino will let you have fun and make instant deposits and payouts afterward. Their customer service is said to be also among the best ones and the operator itself proves to be extremely reliable and transparent. The great thing is that a lot of cryptocurrencies and fiat currencies are accepted. For BTC payments, however, there’s no welcome bonus.
  1. offers a low minimum deposit amount. Also, players make quick deposits and withdrawals. But, the website looks a little outdated and users complain of the customer support.
  1. Betchan Casino

Betchan casino has a fantastic game selection. Players can make instant deposits and withdrawals. BTC players don’t get the welcome offer but they will likely enjoy the variety of fun games.
  1. Bovada

Bovada is a casino that is available only to US residents. There are e few payment options but there’s no mobile app to play on the go.
  1. Oshi

Oshi is another great casino with a great game selection and this platform accepts multiple payment methods. However, USA and UK players are not accepted and there’s no mobile app as well.
  1. Bob Casino

Bob Casino offers a 24/7 live chat customer support, accepts various cryptocurrencies and also fiat currencies. There’s a great game selection of live casino games and it’s available in a few languages. Bonuses are reserved only for the fiat currency deposits.
  1. Mars

Mars is a licensed casino with provably fair games. There are hundreds of great games and even better bonuses and promotions. They too offer a live chat support at all times. But, bonuses do expire after two weeks and US players can join only with BTC.
  1. Loki

Loki is one of the casinos that have a mobile app. The website is cool and user-friendly. The customer supports is available 24/7.
  1. Crypto Games

Crypto Games is another great casino that supports multiple digital currencies without having to make a registration. However, there are no live games and no live chat support.
  1. 4Grinz

4Grinz is a bitcoin casino established in 2015 in the USA. There are plenty of games to choose from and they also accept fiat currencies as well. The platform is in English and it’s pretty simple to use.
  1. EdgeLess

EdgeLess is a one-year-old casino founded in the USA. Here you can play some Blackjack, Poker, Dice or do sports betting. The platform is in English and they also accept fiat currencies.
  1. Bit-EXO

Bit-Exo is a great casino for all crypto lovers from Europe and the US. It was established in 2016 and is running smoothly ever since. Here you can find games such as Roulette and Slots, Jackpot games and Poker. It’s great for beginners since it’s very easy and simple to use.
  1. MegaWins

MegaWins is another USA based casino founded in 2016. It has a broad selection of over 200 games for every taste. You can play here with your Euros or Dollars despite your cryptocurrencies. MegaWins casino also has a VIP program for regular customers.
  1. DasIstCasino

Unlike the majority of the casinos, this one is a German live casino and it’s extremely popular. It’s user-friendly and they have a mobile app as well so users can play on the go. There is a 24/7 customers support and plenty of games to choose from.
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Blockchain Archive

Top Bitcoin Wallets Compared

If you own some bitcoin, you probably need a secure wallet to keep your digital coins safe. For that reason in our latest news, we put a list of 10 wallets that will do the job.
  1. Ledger Nano S

This hardware wallet supports many currencies including the most popular ones such as ethereum, bitcoin, and litecoin. You can create a few addresses for each currency. It’s fairly easy to use, all you need to do is confirm a transaction and hit a real button. Ledger Nano S is one of the most popular and trustworthy hardware wallets. You can also use apps to connect them with your wallet and backup your data to other devices. This is believed to the best wallet in the crypto community.
  1. Bitcoin Core

Bitcoin core is an original Bitcoin client. This means that it can provide strong protection and maximum security. It is also available for Mac, Windows, and Linux. Bitcoin Core uses decentralized methods for dividing the transactions all over the network so it is extremely difficult to link an address to the original identity.

TREZOR is a multi-cryptocurrency wallet and it is the first original hardware wallet that was first created and claimed to be most secure. These wallets are really easy to use and incredibly easy to set up.
  1. Jaxx

Jaxx allows you to store multiple cryptocurrencies in a user-friendly interface. Developed in 2014, it serves not only as a Litecoin wallet but an app that can store multiple cryptocurrencies including Bitcoin, Dash, Ethereum and Bitcoin Cash.
  1. GreenAddress

This is multi-signature Bitcoin wallet but is also a web (online) one. It’s compatible with hardware wallets such as Ledger Nano and it requires a manual confirmation for each step you take which makes it stable and secure.

6. Ledger Blue

This wallet has its own nickname in the crypto community. They most often refer to Ledger Blue as the ‘’Rolls Royce’’ of hardware wallets. It is very advanced and offers solid security. The device comes with a large touch screen in color; it also has a rechargeable battery and a Bluetooth option. Ledger Blue is very light so it is easy to carry it around wherever you go. Ledger Blue works fine with multiple currencies but it is a little bit pricier compared to the others on this list. You can find Ledger Blue for roughly $260.

7. KeepKey

KeepKey is also a hardware wallet that supports mainly Bitcoin, Litecoin, and Ethereum. This wallet claims to be virus proof because it uses a different more sophisticated operating system than your computer or mobile phone. KeepKey works perfectly on PC, Linux, Android, and Mac. The company offers a 1-year warranty and you can get it at about $99.

8. StrongCoin

StrongCoin is one of the most popular wallets in the crypto community. They are a hybrid wallet that lets you receive and send Bitcoins. StrongCoin is probably one of the wallets that have been around forever and it has more than 100.000 users. You can create a wallet for free but you will need to pay a small transaction fee.

9. Electrum

Electrum is one of the most popular and oldest wallet clients. The way it works is in connection to multiple servers so you can verify your payments and coin balance. It’s easy to set up and it hardly takes any space on your hard drive.

10. Mycelium

This is a mobile app wallet that is very popular among crypto users. It offers advanced privacy features but it can be a little complicated for new users. It’s one of the safest wallets out there and it is said to be the fastest. Mycelium is mainly a hot wallet but has some cold features as well. It will give you high anonymity and security.

11. Armory

Armory is a popular wallet brand when it comes to being the best in providing security. It is recommended to be used by more advanced users. Armory offers some encryption and cold storage features and this is why it’s among the most respected brands. It’s very flexible and adaptable but again, it requires some more knowledge in order to use it.

12. Xapo

Xapo is a web-based wallet system so it’s pretty easy to use. You just go to your web browser and you get straight to your wallet. Xapo provides decent privacy and security features and also supports debit card payments. It’s extremely user-friendly so anyone can use it.

13. BitGo

BitGo is known for its high-security levels and each transaction requires two-factor identification. It will protect your coins from malware and hackers. The private keys are held by the users so no one has access to your assets.

14. Copay

Copay is a multisig wallet which basically means that a few users can have access to the wallet. This is ideal for a corporate account because at all times you will need two or more signatures to confirm a transaction. The wallet offers a mobile app and a super easy interface.

15. CoolWallet

CoolWallet is actually a hardware wallet that looks like a credit card. It is a really cool concept but it still needs some improvement done.
  1. OpenDime

Opendime is a USB-like wallet that will let you spend your Bitcoins easy as your dollars or euros. You can connect your USB device to check your balance because it works with any laptop or computer. Private keys are generated inside the device so it’s highly private and secure.
  1. SpectroCoin

SpectroCoin is a great solution for your Bitcoins. They offer wallet services but also there’s an exchange service as well. This works as an all-in-one solution for your bitcoins.
  1. Breadwallet

Breadwallet is among the most used wallets among iPhone users. Now it’s also available for Android users becoming much more available. It’s very easy to use and highly secure. Beginners can get the hang of it in a matter of minutes!
  1. Multibit

Multibit is a desktop type of bitcoin wallet but provides support for hardware wallets such as Keepykey and TREZOR. Is very easy to use and it’s super fast.
  1. Counterwallet

Counterwallet is built on top of a bitcoin blockchain that allows users to create any type of Bitcoin-based tokens. It also supports many Bitcoin wallets since is a web-based one and it’s most known for its fees that users actually decide how much they will cost.
  1. Airbitz (Edge Wallet)

The first thing everyone should know when it comes to Edge is that it is a decentralized Bitcoin wallet which rebranded after being Airbritz. The name Edge comes based on the company’s philosophy to become the most innovative and leading edge of blockchain security of Airbitz’s brand. Secure and backed up Bitcoin mobile wallet that provides true autonomy and privacy for the users. It’s true that Edge is one of the most secure wallets out there where no third party can access users’ funds or data. A lot of that is because of the main ‘Edge’ login service which is easy to pick up. The entire server architecture is decentralized, making the wallets on Edge working even when the servers are down. edge also offers automatic wallet encryption, backup as well as multi-device synchronization. There is also a multiple fiat currency support which makes withdrawals easier.
  1. Blockchain Wallet

Blockchain is definitely among the top most popular wallets nowadays. It is designed to be extremely intuitive, user-friendly and simple. The ease of use is one of the main features and the company stores your wallet on the servers which involves certain third-party risk. Even though Blockchain Wallet is designed with simplicity, it is rich in features and the company is known for being one of the most reliable wallets in the crypto community.
  1. BTC-wallet

This is very easy to use a wallet and it’s also very easy to send and transact with bitcoin. The wallet offers great security options and it’s a great tool to use.
  1. Celery wallet

Celery evolved since 2013 when it was first launched. It was created by a pair of former Goldman Sachs employees and they managed to simplify the wallet so people can get access to their digital currency easily. Celery comes from the Latin word Celer which means Speed.
  1. Eidoo

If you are looking for a wallet that will allow you to easily access your digital currencies, Eidoo is worth checking out. The wallet is mobile and supports ethereum and all other ETH tokens.
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TrustedNews: The Chrome Extension You Need For Spotting Fake News

The popular ad-blocking software recently launched a new product called TrustedNews which will tell the user if the news that they are reading is trustworthy or fake. Basically, TrustedNews is a new Chrome extension coming from the famous AdBlock Plus which is designed to spot fake news for users as they search the web. Currently, the extension is only available for Chrome users - but there will be other browsers joining in the future. TrustedNews hopes to evolve the system and integrate blockchain technology with user feedback. This plan will give the platform a decentralized database in the Ethereum blockchain with a built-in-protocol that will reward those who contribute to it. As for now, the database is maintained by MetaCert Protocol which will also issue MetaCert tokens in order to manage the reward system. Once the database runs on the blockchain, the users will be able to vote on other people's feedback. The people who provide good feedback will be top earners and the others will be seen as fraudsters. The extension is only available in English at the moment - scoring websites based on their integrity and trustworthiness. Once it is installed, the icon displays three different colors all depending on the news you are reading. Every time a news source is considered trustworthy, TrustedNews will show a green tick. If the program is not sure, it will give an orange 'B' for 'bias'. If the source is not legitimate at all, there will be a blue smiley face every time you come across click-bait, malicious or any form of user-generated content. As such, TrustedNews aims to provide a more detailed analysis of news sources in the future - with the capability to point out which news are biased and which are relevant.
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Basis (Ex-Basecoin) Raises $133 Million In Funding

Basis, which we all formerly know as Basecoin, has raised $133 million in a private funding this week. According to the chief executive officer Nader Al-Naji's statement today, the NJ-based project aims at creating a stable cryptocurrency backed up by an algorithmic central bank that will keep the price stable. The price fluctuations and volatility is what makes many cryptocurrencies fragile. The best example for that is the months of January and February this year when a lot of cryptocurrencies sank and led the crypto market from more than $800 billion to $249 billion. Basis is dubbed to be the cryptocurrency with the most stable price. So far, it is backed by a lot of different companies and investors such as Bain Capital Ventures, GV, Stanley Druckenmiller, Kevin Warsh, Lightspeed, Foundation Capital, Andreessen Horowitz, Wing VC, NFX, Valor Capital, Zhenfund, INBlockchain, Ceyuan Ventures, Sky9 Capital and others.

How Is Basis Going To Tackle The Volatility?

The way in which Basis will tackle the volatility of cryptocurrencies will be quite unique. In times when Bitcoin has failed to be effective as a hyperinflating local currency, Basis' goal is to get the best features from cryptocurrencies and match them with the ones of controlled fiat currencies. And while central banks mitigate volatility via monetary policies (expanding and contracting the money supply), cryptocurrencies have a fixed supply which fosters volatility and makes them an unreliable form of payment. Basis, in a nutshell, will bring the benefits of cryptocurrencies without the volatility, according to Al-Naji. It will be distributed to those participating in the system, decentralizing the monetary expansion. If it accomplishes its goal, Basis will benefit the efficiency of developing the nations' economies.

Not Revealing A Lot At This Point

As such, Basis has gained the support of many financial giants. From hedge funds to venture capitalists, it has all that it needs to be developed as one of the most exciting crypto projects right now. Still, Al-Naji has not revealed all of the specifics on how Basis will work - nor did he say when the token could see the widespread adoption or expand on the apps it will integrate with.
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