Imminent Firesale of ETH held by ICOs?

https://medium.com/d2-capital/imminent-firesale-of-eth-held-by-icos-278a6cf914

High drama regarding Chromaway/Chromapolis in the Checkico Telegram Channel over the past 24 hours.

FUD Summary

https://telegra.ph/Chromawa-Uncut---The-REAL-Story-Balina-Caught-Pooling-25M-USD-Godenzi-Fired-CTO-confirms-cashgrab-08-26

Chromaway Response (via COO Or Perelman)

1. Its all fake.

2. Alex never replied that about kyc checks - read the whole thread.

3. Jason post wasnt about ians allocation, it was about advisory tokens unlocked and being dumped to retail which we clearly stated in our post.

4. We never confirmed cash grab, we are long timers in this, we invented the token space before ethereum ever happened when we created and implemented the first coloredcoins protocol in 2012 and we lead the open source project as a non profit initiative for two years! In 2014 we formalized our company based on the open source code.

2016 we started building postchain which is open source on bitbucket.

Alex was one of the first to do blockchain academic papers which are all online, proof of activity with charlie lee as co authors which was cited in academic papers over 100 times. (It was important to me to revise history).

5. We will DO KYC on each transaction which is coming from Ian, no .US investors are allowed. We have been really strict on that.

6. Im not the CEO but the co-founder and COO (Talking about due diligence).

7. Sale terms are the same for everyone. 0.1 price 30% and 25%, discount which is ALMOST same price for all.

8. I call out anyone that will want to do an AMA with me LIVE on any show. Especially these who wrote that false post and the earlier pastabin

9. If you want the white paper - just drop me a note, will be happy to deliver or any other token metrics.

10. I never hide like these anonymous posts.

More to come...

TheGobOne - Ryan reponds to being named in the Chromaway FUD article posted above

Ian Balina's response

Chromaway FUD is total BS. 100X Advisors tokens are locked, 40% up front, then 1/6th every six months as mentioned by the team. We're not reselling anything or adding commission, despite what random anonymous telegram users may say.

It's understandable that some people and funds that were not able to get an allocation are trying to FUD a great project just because 100X Advisors, the new kid on the block, is a lead investor. Funny how these same FUDsters never complained when it was other funds being the lead investor. Understandably, all I can say is get used to it, we're just getting started. FUD and haters are the norm and should be expected the higher you soar in any field. If you don't have any FUD or haters, you're not doing anything worthwhile.

Despite the constant fake news being spread by FUDsters, I wish everyone in crypto lots of success and numerous moon landings.

As usual, any further questions will be addressed in my next YouTube AMA. The truth always sets you free. 💯

Mark Zuckerberg’s Sister Signs on to Serve on Huobi Chain Advisory Committee

https://www.ccn.com/mark-zuckerbergs-sister-signs-on-to-serve-on-huobi-chain-advisory-committee/

Great Twitter thread on the history and current state of ICO's

https://twitter.com/ercwl/status/1033816350958014469

Shopin CEO Indicted. If Proven Guilty Could Face 5 to 15 Years In Prison

Eyal is charged with three counts of Grand Larceny in the Second Degree (a class C felony), one count of Grand Larceny in the Third Degree (a class D felony), one count of Unlawful Duplication of Computer Related Material in the First Degree (a class E felony), one count of Criminal Possession of Computer Related Material (a Class E felony), one count of Scheme to Defraud in the First Degree (a class E felony), and four counts of Securites Fraud under the Martin Act (a class E felony).

If convicted of the top count charged, the defendant faces up to 5 to 15 years in prison.

Eyal was arraigned yesterday before the Honorable Judge Danny Chun in Kings County Supreme Court.

The charges are merely accusations and the defendant is presumed innocent unless and until proven guilty in a court of law.

https://ag.ny.gov/press-release/ag-underwood-announces-indictment-former-ceo-global-crowdsourcing-company-600k

Neon Exchange ICO starts September 3rd

https://medium.com/@cfs/nex-ico-annoucement-7a745d697551

KuCoin to Extend Founders’ and Angel Investors’ Token Lock-Up Period for an Additional Year

As stated in the original KuCoin white paper (see screenshot below), 100 million KCS, held by Angel Investors, Industry Stars and Founders are to be partially unlocked on September 3, 2018. Now, we are happy to announce that we have extended the lock-up period for the tokens held by founders and angel investors. After discussing the partial release of the tokens, with all parties holding locked KCS, they decided that these tokens will remain locked for an additional year, until September 2, 2019. The agreement was made to help promote the growth and expansion of the exchange.

*NOTE*
The total amount of the locked tokens was reduced from 100 to 90 million after the ICO. Ten million of the locked tokens were already distributed to ICO participants as rewards. Currently, the locked tokens are placed in cold storage; you can check them out at:

https://etherscan.io/address/0x4768b5168a8f2bfdd76de03faa834839ccf75d9f

Or Perelman, Chromaway COO, did an AMA with OhHeyMatty today, addressing the recent Ian Balina/Benn Godenzi FUD along with answering community questions.

https://www.youtube.com/watch?v=t3_kjTIUlqg

You can now take profits into DGX (Gold) or DAI (Stable Coin) directly from your wallet thanks to Kyber Network, Digix & MakerDAO all on the Ethereum blockchain.

https://www.youtube.com/watch?v=a-AfSuA4D5I

POA Network has been integrated on State of the DApps, recognising the POA scalability solution for ETH.

https://blog.stateofthedapps.com/poa-network-integration-at-state-of-the-dapps-6ede6887b24d

Blockchain News From Australia. The Australian National Blockchain - http://www.australiannationalblockchain.com/

CSIRO, Commonwealth Scientific and Industrial Research Organization, annoucned (https://www.csiro.au/en/News/News-releases/2018/New-blockchain-based-smart-legal-contracts) yesterday that Data61, a research center for CSIRO, has created a consortium in cooperation with the law firm Herbert Smith Freehills and IBM to “build Australia’s first cross-industry, large-scale, digital platform to enable Australian businesses to collaborate using blockchain-based smart legal contracts.”

The Australian National Blockchain (ANB) will act as a new platform aiming to “design and build the nation’s first large-scale, enterprise grade and industry-agnostic digital platform.” ANB will allow businesses to employ Smart Legal Contracts (SLC) that can record external data sources such as Internet of Things (IoT) device data, and ability to self-execute under specified contract conditions.

“Technologies like blockchain are set to transform the legal industry and the wider business landscape as we know it,” Natasha Blycha, Blockchain and Smart Legal Contract Lead from Herbert Smith Freehills said.

“Blockchain will be to transactions what the internet was to communication – what starts as a tool for sharing information becomes transformational once adoption is widespread. The ANB could be that inflection point for commercial blockchain, spurring innovation and economic development throughout Australia,” explains Paul Hutchison, Vice President and Partner, Cognitive Process Transformation, IBM Global Business Services.

The Consortium also plans to expand the technology to other worldwide markets once the Australian National Blockchain is successful across the region.

CBOE to Launch Ethereum Futures Trading Later This Year

https://cointelegraph.com/news/report-cboe-to-launch-ethereum-futures-trading-later-this-year