Electroneum news
Small cap altcoins flash bullish signals even as Bitcoin revisits $42.5K
The cryptocurrency market faced another day of erratic price movements on Jan. 13 after Bitcoin (BTC) bulls were soundly rejected in their bid to push the price above $44,000. This led to an abrupt sell-off that has thrust the price back into the high $42,000 range. Despite the mid-day struggle faced by Bitcoin and many of the other large market-cap cryptocurrencies, several small-cap altcoins managed eek out notable gains. Data from Cointelegraph Markets Pro and TradingView shows that the three biggest gainers over the past 24-hours were Cream Finance (CREAM), Electroneum (ETN) and Rari Governance Token (RGT). CREAM token holders …
Markets / Jan. 13, 2022
Got the skills to design an NFT? This freelancing site wants you
A crypto payments firm has announced that it is venturing into the world of nonfungible tokens. The ETN-Network, which launched AnyTask Platform, a crypto-powered freelancing site, says NFTs can serve as a powerful marketing and fundraising tool — and has launched a limited-edition trading card of Electroman to illustrate this. The character was created by the Brazilian artist Neto Robatto on AnyTask.com. He charged just $70 to sketch, illustrate, colourize and animate the NFT — and ETN-Network says this powerfully shows how anyone can inexpensively create their very own crypto collectibles with the help of the site’s talented freelancers. AnyTask.com …
Blockchain / May 10, 2021
Token-based electricity top-up app expands in Africa but faces headwinds
Electroneum (ETN) has announced the expansion of its service coverage to four additional West African countries: Benin, Togo, Côte d'Ivoire, and Sierra Leone. The move brought the company’s African service coverage to nine nations, with Nigeria, Senegal, Mali, Gambia and Guinea-Bissau already in the mix. With over 4 million registered users, Electroneum’s African push has focused on utilizing its ETN token for utility bill payments and mobile airtime subscriptions via the company’s mobile app. Nigel Pooley, head of business development at Electroneum, told Cointelegraph: “We are very pleased with the hundreds of electricity top-ups that have been completed in Nigeria, …
Adoption / Jan. 8, 2021
Why firms are turning to this crypto-powered site to find freelancers
A crypto-powered freelancing platform has attracted a wealth of positive testimonials from businesses that have bought professional services through the site. AnyTask connects entrepreneurs with thousands of talented designers, photographers, writers and developers worldwide — and prices start from as little as $1. And according to the company, this lower price point hasn’t been at the expense of quality, with many clients revealing they have been delighted at the levels of service they received. Kern Thompson, a marketer from the Netherlands, said all six of the freelancers he has worked with completed his projects with aplomb — and five of …
Blockchain / Dec. 18, 2020
Crypto payments network celebrates two big adoption milestones
A crypto payments network has unveiled a range of new use cases for its flagship token — expanding its global footprint even further. Electroneum customers can now purchase top-ups for mobile data and airtime in more than 160 countries worldwide. Among the latest nations where the service has gone live include Australia, Cuba, Japan, Namibia, Lebanon and Belgium, underlining the company’s ambition to achieve an international presence. Meanwhile, Guinea Bissau has become the fifth African country where electricity top-ups can be bought from within the Electroneum app. A partnership has also been struck up with a new third-party supplier, unlocking …
Blockchain / Dec. 9, 2020
Need a holiday? Crypto firm’s new partnership could save you money
Once the coronavirus pandemic is over and lockdown restrictions end, there’s one thing that will be a priority for many of us: booking a vacation. But here’s the problem — many hotel rooms are charged at eye-watering prices, with some travel websites serving as middlemen and adding hefty commissions in the process. Now, Electroneum has announced that its native digital asset can be used as a payment method on LockTrip, a site that allows globetrotters to discover secret travel deals and save up to 60% on the cost of their holiday. The crypto payments firm says it is constantly looking …
Bitcoin / Nov. 13, 2020
Game on: Crypto users can rent servers for titles including Minecraft
A crypto payments network has signed a new agreement that will allow its 4.1 million users to rent servers for 25 games. Electroneum says blockchain has the potential to transform the gaming industry — especially when it comes to the assets traded between players. That’s because this technology can ensure that in-game items cannot be replicated or forged. It pointed to trading cards as an example, as gamers will be able to independently verify how many exist and scrutinize each card’s historical record. The company has entered into a partnership with Host Havoc, which has been ranked as one of …
Blockchain / Nov. 12, 2020
Q&A: Will COVID-19 and financial crises make crypto more popular?
The coronavirus pandemic is transforming our attitudes toward money — but what does this mean for the crypto sector? We spoke to Electroneum CEO Richard Ells about whether digital assets can offer a compelling alternative to cash, the challenges that the industry must overcome, and whether enough crypto projects are making the effort to comply with regulatory demands. 1. What would you say is crypto’s role in the current financial landscape? Cryptocurrencies are disrupting the entire financial landscape and reshaping the industry. Crypto is a wake-up call for traditional banks, monetary systems and authorities because they cut out intermediaries and …
Adoption / Nov. 3, 2020
This crypto payments firm has just turned three years old and has big plans
A crypto payments network is celebrating its third anniversary — and has bold ambitions to give the unbanked and those living in developing countries greater access to digital assets in the next 12 months. Since launching in 2017, Electroneum has launched an intuitive app that allows people in 140 countries to purchase mobile phone top-ups using cryptocurrencies. The company was also the first to introduce electricity top-ups that could be bought with digital assets. Back in 2019, the digital payments firm even launched a smartphone capable of mining crypto. At the time, Electroneum said users could then rely on these …
Blockchain / Nov. 1, 2020
Crypto payments network becomes 10th member of Blockchain for Europe
A crypto payments network has been unveiled as the 10th member of Blockchain for Europe. Blockchain for Europe voted in favor of Electroneum’s membership, as their goal for financial inclusion has attracted the attention of crypto and blockchain experts worldwide. The crypto project will now rub shoulders with fellow members that include Binance and Ripple as the group “focuses on blockchain promotion and education to help the EU remain at the global forefront of innovation.” Blockchain for Europe is designed to help prominent businesses in this sector influence policymaking in the trading bloc. Welcoming Electroneum, the organization’s chair, Maria Minaricova, …
Blockchain / Oct. 9, 2020
Crypto-powered freelancing site charges no fees and pays instantly
A crypto-enabled freelancing platform is taking on some of the world’s biggest brands — and says it treats hard-working talent far more fairly. AnyTask is the brainchild of the cryptocurrency project Electroneum, and it underwent a soft launch back in February. Already, the company says it has had a positive impact on the lives of several freelancers. According to AnyTask, a substantial number of talented individuals risk being frozen out of more established websites such as Fiverr, Freelancer.com and Upwork because they don’t have a bank account — and even if they do, they can end up paying punishing fees …
Technology / Oct. 2, 2020
Crypto payments firm with 4M users adds top blockchain experts to team
A crypto payments network is celebrating three years in business — and claims it has now surpassed 4 million users worldwide. Electroneum says it is continually unveiling new features that help make our world a better place. One of its flagship products is a mobile-based cryptocurrency that allows people to top up their phones in more than 140 countries. And as Cointelegraph reported back in May, the digital payments project also allows consumers in four African countries to top up their electricity meters directly from the ETN app — with plans to expand this service to even more nations in …
Blockchain / Oct. 1, 2020