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

Q2 2018: Material Development in a Bear Market

https://www.smithandcrown.com/q2-2018-material-development-in-a-bear-market/

TE Food Update Summary

https://medium.com/te-food/te-food-updates-4d7863596309

QuarkChain have updated their token release schedule and instead of releasing tokens on the 4th of September 2018, will instead delay the token release to "Early June 2019"...or offer a refund to those who do not agree with the updated schedule.

Full details below -

Release 30% tokens after 9 months (Early June 2019), 30% token after 12 months (Early Sep. 2019), 20% token after 15 months (Early Dec. 2019) -- reward 5% of the unreleased tokens as bonus; E.g., if a purchaser bought total 10000QKC and supports the schedule, we will offer 10000 * 80% * 5% = 400QKC as bonus.

Refund: We understand that you may not support the new schedule, and we could offer a refund (ETHs) based on our token sale agreement.

If you choose Option 2) Refund, please reply ALL to this email by 11pm September 2nd, 2018 PDT. Otherwise, your support is appreciated, and we will proceed with option 1.

The new token release plan applies to all undistributed parts of private sale purchasers, team, and foundation.

Sorry for this short notice. Please feel free to reach us directly if you need any additional information or have any comments/suggestions.

Again, thanks for your support. We hope to have your company for this long journey and make QuarkChain even better in the future!

Best Regards,
QuarkChain Foundation

Excerpt from the QuarkChain SAFT.
Has been reported that this refund fee ONLY applies to a refund on the PRE ICO. It does not apply once the ICO has been completed and tokens have been distributed.

The below is a repost from Timothy Lee, firing shots at Chromaway, Lester Lim, Ian Balina and CMT in the latest of a series of crypto dramas stemming from the CheckICO and DBCrypto groups.

CHROMAWAY AND IAN BALINA TOPIC

I’ll just make this simple for you guys.

Roughly 2 years ago, a good friend of mine brought me into a private telegram group. I, my buddy, Ian Balina, and literally 10 other people were in that group (CMT) we all had different strengths and weaknesses. I worked with “buddy” ultimately working with CMT. My job was to strictly recruit all-stars and get allocation for CMT.

I recruited numerous individuals, for example Lester Lim (an asshole) he’s advising multiple projects now,a NEO project which I found (SelfKey) and a bunch of other credible projects. he was that guy who begged me for money in the beginning, he was broke, and wanted specific allocations WHILE he was working with Ryan Lye (CryptoGriders) my “buddy” had a lot of great offers, but took him literally months to get his attention. But we finally got his attention, while I was recruiting more all-stars and things were going smooth. We were “pooling” multiple ICOs Wings, Bancor, Ark, Salt, Civic, you name it, if it was a top tier project on the spreadsheet , we would do our DD, get the CEOs and team members into our CMT chat and structure an allocation agreement with them. I kept telling my buddy “Buddy” dump your allocations, don’t be like this idiot Ian and HODL for 10 years (check his videos from a year and a half ago) his tactics was to hold these shitcoins for 10 years while I was telling them to dump it (ICO flip)

Did we sub-pool back then? Yes, we did, and we sold allocations at a premium. Or tack on fees.

I’m sure there’s a bunch of you CMT guys lurking on my Facebook, I do not care. For you new CMT guys, you know Ian screwing you guys over also right? I was sick of all these private channels and backdoor deals I had a feeling yesterday’s fiasco would come. everyone was there. Scroll up and have a snack. By the way, I recorded everything. And Yes, Ian made huge mistakes, and deleted his comments which I knew he would do. My question to you all is, you just found out Ian Shillina was private pooling, sub pooling and so on? Please guys, just look how he responds to every question. Completely unprofessional and unclassy.

The CEO of Chromaway admitted to having lack of knowledge on the certain aspects of how ICOs work. 🤦‍♂️ I’ll take responsibility for legalities, penalties and so on.

The project itself is a shitcoin. They are in major financial trouble (I have documentation to prove it). The development needs massive work.

I’ll probably do a live tomorrow. I have not slept in about 48 hours.

Shout out to Suj @trojanhorses Daniel Tom Woody for putting that together.

https://www.facebook.com/timothyleebtc/posts/2292916820941710

Lester Lim's response to the Timothy Lee's accusations

*Addressing the drama Timothy Lee posted on Chromaway, and on myself**

Yea initially I didn’t want to waste my time on bullshit like this since fud campaigns are normal there are negatives people around all the time.

But since he’s trying to damage my rep and claiming credit and “honour” all to himself I thought I need to say something.

I can’t comment on his FB or in the tg chat that he was fudding in since I was blocked and banned. So no way for me to refute his claims and defend myself.
————-
So quick story about this Timothy.

Long story short.

I was invited to cmt by Tim. We were initially from the group Cryptogrinders owned by Ryan Lye. And no Ryan is not his good buddy.

From there I got to know more people from cmt who were high quality connections. This was especially important for me since I was starting out not too long into the ico space that time.

In recent months Tim starts to get mentally unstable and started to contact me saying bad shit about his childhood friend Mr B (not sure if he wants to be identified so I’ll give him a codename) and want me to join forces with him and Mr B’s ex-business partner.

So apparently these 2 guys are trying to recruit Mr B’s connections to become their own. And I was one of their targets as they want to work with me - and want to get me on a call.

Being very busy during that time and lost my phone to faulty parts I didn’t respond to him much at all and Tim got really angry and started to call me a traitor and being ungrateful- officially starting his drama show.

He ranted at me for advising Selfkey and claimed that he told me about it but I wasn’t thankful, but the fact is I did my own due diligence on Selfkey and he didn’t even speak to me for months before trying to pull me into his circle after a Long time of absence from the space. Plus some of you may know I also pulled myself out of Selfkey advisory due to some issues between my group and their management (I won’t elaborate more but let’s just say there ethics involved).

Crazy how that came about, especially when tim and Mr B were childhood friends and The other guy was ex-partner of Mr B.

After all the drama and with Mr B confronting them about those issues. Tim apologised to me for all the drama he put up and said he was being manipulated by that guy. He promised no more of such drama and bullshit again and invited me to another of his group. I graciously accepted his apology and joined that group but didn’t participate in any conversation since then.

And then of course now he came up With the fud and drama against Chromaway, Ian and his private group, and even dragged me into the picture saying false accusations. So I feel a need to address the story. Even though I have been keeping quiet on the behind-the-scenes drama he did several months back to not spoil his chance in the space.

This shows good people not necessarily will get back appreciation for their kindness.

Uranus CEO James Jiang's interview with Fintech Review at the Melbourne Blockchain Centre.

https://bit.ly/2N1YWfG