Is Cryptocurrency Greener Than Gold?
Cryptocurrencies and Bitcoin in particular require quite a lot of energy in order to run and secure its network, a process commonly known as mining. For many, the numbers are truly concerning, in particular if we consider its implied massive carbon footprint. Just recently the energy required to secure the network topped the entire energy consumption of Chile. So, is cryptocurrency in general just getting a bad rap from the media, or are they truly big wasteful energy hogs?

Full article at: https://www.lykke.com/city/blog/is-cryptocurrency-greener-than-gold

Richard Olsen on the impact of the COVID19/Coronavirus on the economy and its digitization as a result
In this presentation, Richard Olsen, the founder and CEO of Lykke Corp, is giving his insight on his view on the impact of the coronavirus on the global economy and what this means for blockchain technology.

Crypto Exchange Lykke adds more options for credit card deposits
Lykke exchange has added new options for depositing CHF, GBP & Euros with credit cards

Lykke Exchange users are now able to deposit CHF,GBP & EUR at the exchange via Mastercard & Maestro, Visa & more. The new payment options have been introduced through a partnership with Link4Pay, one of the major payment service providers in the international market.

Full details at: https://www.lykke.com/company/news/lykke-exchange-adds-more-options-for-credit-card-deposits

What Are The Best Cities In The World Where I Can Spend My Crypto?
Be it paying directly with crypto or cashing in some profits with peace of mind, there are numerous cities around the world welcoming cryptocurrency enthusiasts. Let’s go over the most prominent examples and explore the benefits and advantages of each one.

Full article at https://medium.com/lykke/what-are-the-best-cities-in-the-world-where-i-can-spend-my-crypto-d4edc5c44daa

Lykke 2020 Crypto Predictions
The new year is here, even according to the Chinese calendar, and there seems to be a source of renewed optimism within the crypto industry. 2019 proved to be a year of brutal reckoning, ICO fever died down and plenty of dubious projects — hiding behind the overused “utility tokens” moniker — finally faced the harsh verdict of the market. While all this seems rather negative, in hindsight, it could also be considered a blessing in disguise, a process that perhaps paved the way for a clear, more focused and productive 2020.

Full article at: https://medium.com/lykke/lykke-2020-crypto-predictions-208e93e9530d

Fifth Anti-Money Laundering Directive and Introducing Account Levels
As European Union’s 28 member nation-states adopt the Fifth Anti-Money Laundering Directive or AMLD5, blockchain and crypto companies gear up to comply with the new requirements. At Lykke, compliance has always been at the center of our efforts and the entry into force of the AMLD5 has very little impact on our onboarding process.

Lykke is leveraging AMLD5 to introduce the concepts of account levels in order to formalize the documents/information requirements and resulting account limits for its users.

Full announcement at: https://www.lykke.com/city/blog/5-AML-Account-levels

Lykke Business will be attending the CV Summit in Davos
We are proud to announce that Lykke Business will be sponsoring the CV Summit in Davos as a platinum partner.

Lykke Business is an enterprise technology provider headquartered in Switzerland. Lykke Business has developed and operated secure blockchain infrastructure solutions since 2015 as part of the Lykke group, including several global and regional financial institutions, such as BNP Parisbas, EMAAR group and Raffeisen Bank.

More information at https://www.lykke.com/company/news/CV-Summit-in-Davos

Lykke 2019 Summed Up

Full article at: https://medium.com/lykke/lykke-2019-summed-up-6de403fd3549

2019, Crypto Year In Review
The year back in 2018 proved to be a hard test of both endurance and faith for most cryptocurrency enthusiasts. The bear market took many casualties, with funds closing and exchanges seeing volume numbers drop to unthinkable levels. 2019, while better in overall terms compared to 2018’s widespread despair, hasn’t shown enough mercy so far for many projects. These negative trends continued, albeit on a lesser scale. Let’s go over the most important events of the year and what can we expect for 2020.

Full article at: https://medium.com/lykke/2019-crypto-year-in-review-41e3944bfbeb

Happy Holidays! Celebrate with Lykke Crypto Christmas Raffle!
To take part in the raffle, just write 7 posts/tweets/comments with the tag @Lykke. Any relevant topic is good, especially the LyCI tokens.

The prizes are:
1st - $250
2nd - $150
3rd - $50

Full information at: https://www.lykke.com/city/blog/Xmas-Raffle

Get Rewarded for Registering and Trading on Black Friday with Lykke!
Starting from Black Friday, November 29, the Swiss-based blockchain pioneer Lykke will be running a one-week campaign rewarding both its existing and new users. Active users who deposit at least 50 EUR and trade with the commission-free platform will be rewarded. Even greater reward awaits users who deposit over 100 EUR!

The rules to be considered for the campaign are very straightforward and will be published on our blog on Black Friday. Stay tuned!

More information at: https://www.lykke.com/city/blog/Black-Friday-Promotion

A Glimpse Into Lykke’s Upcoming Market Data Service
Lykke would like to introduce its upcoming market data service. Its main goal is to provide clean and reliable market data accessible through an API.

More information at: https://www.lykke.com/company/news/Black-Cube

Bringing blockchain to healthcare, Lykke Exchange lists Dynamic (DYN)
Lykke, the blockchain-based investment and financial product provider, listed DYN on its proprietary Exchange. DYN is the native cryptocurrency of the Dynamic blockchain, developed by Duality Blockchain Solutions, the leading company in blockchain-based data management, storage, and ID solutions for the healthcare sector.

Full announcement at: https://www.lykke.com/city/blog/Lykke-Exchange-lists-Dynamic

Thinking about trying Short LyCI? Lykke launches a raffle for all its customers!
Lykke recently launched Short LyCI, the first token to bet against the crypto market and is now organizing a Short LyCI Raffle for all its verified customers with prizes paid in Short LyCI*. The raffle will be held during the week of October 28 and will reward 31 lucky users.

Please refer to our news article for more information and rules: https://www.lykke.com/city/blog/Lykke-raffle

Lykke partners with Altcoin Fantasy and launches an exciting trading competition
As a part of this partnership, Altcoin Fantasy will launch a trading competition sponsored by Lykke. By participating in this contest, users will be able to learn the main principles of crypto trading and develop their own trading strategies.

And there is more! Participants will also be in with a chance to win prizes:

• 1 first prize $300
• 4 second prizes $125
• 20 third prizes $20
• 1 prize every single day of $10

Please refer to our news article for more information and rules: https://www.lykke.com/company/news/Partnership-with-AltcoinFantasy

Interview with Richard Olsen, Lykke’s CEO, on Short LyCI
Why is Short LyCI called short?
'Short' is the term that professional traders use for investments that are profitable when the market drops. This is opposed to investors buying 'long' products. ‘Long’ is the term for traders that make money out of price rises hoping that in the long run the asset will continue growing in value. Professional investors have access to financial products that can still make money even if the market as a whole has moved southwards. This is one of the things that maintains the gap between professional investors and regular investors.

However, now ShortLyCI offers regular investors an easy opportunity to make money out of downward price movements; this is a first in the crypto market.

You can read the full interview at: https://www.lykke.com/city/blog/Interview-with-Richard-Olsen

Winning in the Crypto Bear Market? Lykke introduces Short LyCI, the first token to bet against the crypto market.
Lykke, the Swiss blockchain pioneer, launches Short LyCI, a new token designed to track the performance of the top 25 crypto projects and bet on their value falling in the future.

Full announcement at: https://www.lykke.com/company/news/Short-LyCI

Happy birthday, Lykke!
Four years in the crypto space — is it a lot or a little?
To many of us, these years have passed in a blink of an eye, but if we think a little, so many things have happened since Richard Olsen’s vision of a disruptive and research-driven exchange platform had finally taken a tangible form.

https://medium.com/lykke/happy-birthday-lykke-7182185e8832

EOS Scheduled Maintenance
A hard-fork is planned for September 23rd at 13:00 UTC. EOS deposits and withdrawals will be disabled on September 23 at 10:00 UTC.

You can follow the progress by subscribing at this link.