IDEX becomes a little less decentralised...
"IDEX has begun taking steps to bring the operation in line with rules that we believe apply to our platform. In addition to blocking IPs in NY, North Korea and Iran, we will also be rolling out IP blocks to Cuba, Syria, Crimea and Washington state.
Over the next few months IDEX will begin instituting KYC procedures for all users to comply with both AML and sanctions laws. Like other exchanges, IDEX will have tiers which correlate with the amount of funds users are able to move through the service. Those trading a small amount of funds will be required to provide a minimal amount of information, while those who wish to trade larger amounts will need to undergo additional KYC steps."
https://medium.com/aurora-dao/pragmatic-decentralization-how-idex-will-approach-industry-regulations-8b109212128a
"IDEX has begun taking steps to bring the operation in line with rules that we believe apply to our platform. In addition to blocking IPs in NY, North Korea and Iran, we will also be rolling out IP blocks to Cuba, Syria, Crimea and Washington state.
Over the next few months IDEX will begin instituting KYC procedures for all users to comply with both AML and sanctions laws. Like other exchanges, IDEX will have tiers which correlate with the amount of funds users are able to move through the service. Those trading a small amount of funds will be required to provide a minimal amount of information, while those who wish to trade larger amounts will need to undergo additional KYC steps."
https://medium.com/aurora-dao/pragmatic-decentralization-how-idex-will-approach-industry-regulations-8b109212128a
Medium
Pragmatic Decentralization: How IDEX Will Approach Industry Regulations
An in-depth look at the technology and regulations every Dapp should consider
Bruno Block grabs the mic again...
Accuses CFO Bill Cordes of running PRL into debt
Accuses team members of leaking Binance info listing and insider trading (Bill & VC freinds), states that "To be clear, the events from October 29th would have never happened if it weren’t for this insider-trading fiasco."
Gives the option of himself taking PRL back over or Bill continunig on with PRL2
More twists than an M Night Shyamalan movie...
https://web.archive.org/web/20181103125749/https://medium.com/oysterprotocol/issues-that-need-addressing-3aafc3942403
Accuses CFO Bill Cordes of running PRL into debt
Accuses team members of leaking Binance info listing and insider trading (Bill & VC freinds), states that "To be clear, the events from October 29th would have never happened if it weren’t for this insider-trading fiasco."
Gives the option of himself taking PRL back over or Bill continunig on with PRL2
More twists than an M Night Shyamalan movie...
https://web.archive.org/web/20181103125749/https://medium.com/oysterprotocol/issues-that-need-addressing-3aafc3942403
Medium
Issues That Need Addressing – OysterProtocol – Medium
Hello everyone, I managed to get a hold of my medium account.
Issues_That_Need_Addressing_–_OysterPr_.pdf
3.1 MB
Full PDF of Bruno Block Medium Post Including Screenshots
Good argument/examples for the use of crypto in developing countries.
https://www.bloomberg.com/news/features/2018-10-31/closing-the-cash-gap-with-cryptocurrency
https://www.bloomberg.com/news/features/2018-10-31/closing-the-cash-gap-with-cryptocurrency
Bloomberg.com
Closing the Cash Gap With Cryptocurrency
In emerging markets, the shallow reach of traditional money systems means there’s less resistance to new financial technology.
Assest creation is now live on Ravencoin (RVN). You can view a list of already created assets here - http://www.assetsexplorer.com/assets/
COTI: Blockchain 3.0 Proof of Trust DAG, Internal Exchange & Payment DApp
TLDR Summary;
- Pivot from ERC20 based token and Ethereum payment DApp to Proof of Trust DAG platform with native coin, stable coin and internal exchange.
- Aggressive expansion of team to accommodate new goals.
- Additional 15M raise with equity and bonus token issuance.
- Release of AlphaNet of Proof of Trust DAG.
- Release of code to Github for peer review.
- Release of COTI Pay beta, future release of debit card and additional COTI Pay features.
- Focus on enterprise level adoption, including arbitration system for consumers and merchants, merchant tools including POS, processing dashboards and whitelabel solution for bespoke implementation.
Read More: https://medium.com/@wolfcrypto/wolf-crypto-ico-review-coti-31ebe063cffa
TLDR Summary;
- Pivot from ERC20 based token and Ethereum payment DApp to Proof of Trust DAG platform with native coin, stable coin and internal exchange.
- Aggressive expansion of team to accommodate new goals.
- Additional 15M raise with equity and bonus token issuance.
- Release of AlphaNet of Proof of Trust DAG.
- Release of code to Github for peer review.
- Release of COTI Pay beta, future release of debit card and additional COTI Pay features.
- Focus on enterprise level adoption, including arbitration system for consumers and merchants, merchant tools including POS, processing dashboards and whitelabel solution for bespoke implementation.
Read More: https://medium.com/@wolfcrypto/wolf-crypto-ico-review-coti-31ebe063cffa
Medium
Wolf Crypto ICO Review: COTI
Website: https://coti.io/ Telegram: https://t.me/COTInetwork Github: https://github.com/coti-io
Oyster Protocol Rebrands to Opacity
"After executing the fork of PRL, the team plans to continue doing what we have always done: build. While this situation has forced a temporary slow-down on the development front, we plan to pick-up where we left off and start immediately.
In terms of the exchanges we are listing on, trading was paused at our request on PRL and SHL pairings on 10/29. We are in active discussions with each exchange and will be providing additional details around re-listing initiatives as they become available. Our goal is to bring liquidity back to our community as soon as possible."
Ticker: OPQ
Token Supply: 130M
Fork Details: 1 OPQ provided for all wallets holding 1 PRL as of Block #6607247. The fork will be executed by end of day Friday (11/9)
https://medium.com/opacity-storage/introducing-opacity-b6cdce34dc16
"After executing the fork of PRL, the team plans to continue doing what we have always done: build. While this situation has forced a temporary slow-down on the development front, we plan to pick-up where we left off and start immediately.
In terms of the exchanges we are listing on, trading was paused at our request on PRL and SHL pairings on 10/29. We are in active discussions with each exchange and will be providing additional details around re-listing initiatives as they become available. Our goal is to bring liquidity back to our community as soon as possible."
Ticker: OPQ
Token Supply: 130M
Fork Details: 1 OPQ provided for all wallets holding 1 PRL as of Block #6607247. The fork will be executed by end of day Friday (11/9)
https://medium.com/opacity-storage/introducing-opacity-b6cdce34dc16
Medium
Introducing Opacity
All,
Forwarded from Crush Crypto Announcement
What is the current regulatory environment for cryptocurrencies in Singapore? If you are interested in why Singapore quickly became a major hub in the cryptocurrency space, this article is for you.
https://crushcrypto.com/cryptocurrency-regulations-in-singapore/
This article is contributed by our friends at WhaleBlocks. Based in Singapore and Australia, WhaleBlocks is an investment and consulting firm focusing exclusively on blockchain enabled projects.
https://crushcrypto.com/cryptocurrency-regulations-in-singapore/
This article is contributed by our friends at WhaleBlocks. Based in Singapore and Australia, WhaleBlocks is an investment and consulting firm focusing exclusively on blockchain enabled projects.
Switcheo's Callisto Rollout, giving the Switcheo DEX the ability to list ERC20 tokens, is set to go live in the next 24 hours.
With IDEX recently implementing changes in which they refer to themselves as "Not a “DEX” in its current state. At this point the best way to describe IDEX is as a “non-custodial” or “hybrid-decentralized” exchange." and plan to add in KYC for users along with IP blocks, this could be the perfect opportunity for Switcheo to capitalise on what is sure to be IDEX's diminishing market share.
https://medium.com/switcheo/callisto-rollout-835fc37534f3
More on IDEX's recent changes here - https://t.me/WolfCryptoAnnounce/2471
With IDEX recently implementing changes in which they refer to themselves as "Not a “DEX” in its current state. At this point the best way to describe IDEX is as a “non-custodial” or “hybrid-decentralized” exchange." and plan to add in KYC for users along with IP blocks, this could be the perfect opportunity for Switcheo to capitalise on what is sure to be IDEX's diminishing market share.
https://medium.com/switcheo/callisto-rollout-835fc37534f3
More on IDEX's recent changes here - https://t.me/WolfCryptoAnnounce/2471
Medium
Callisto Rollout!
We’re really close to general availability of our new trading platform. Here are the details about how we intend to roll out this update…
SEC Charges EtherDelta Founder With Operating an Unregistered Exchange
"EtherDelta had both the user interface and underlying functionality of an online national securities exchange and was required to register with the SEC or qualify for an exemption," said Stephanie Avakian, Co-Director of the SEC's Enforcement Division.
Without admitting or denying the findings, Coburn consented to the order and agreed to pay $300,000 in disgorgement plus $13,000 in prejudgment interest and a $75,000 penalty. The Commission's order recognizes Coburn's cooperation, which the Commission considered in determining not to impose a greater penalty."
https://www.sec.gov/news/press-release/2018-258
"EtherDelta had both the user interface and underlying functionality of an online national securities exchange and was required to register with the SEC or qualify for an exemption," said Stephanie Avakian, Co-Director of the SEC's Enforcement Division.
Without admitting or denying the findings, Coburn consented to the order and agreed to pay $300,000 in disgorgement plus $13,000 in prejudgment interest and a $75,000 penalty. The Commission's order recognizes Coburn's cooperation, which the Commission considered in determining not to impose a greater penalty."
https://www.sec.gov/news/press-release/2018-258
Former PRL CFO/CEO and now Opacity CEO Bill Cordes answers questions from the community focusing on the business transition, tokenomics, general strategy and other business/operations/finance focused topics relating to PRL/OPQ.
https://www.youtube.com/watch?v=_OcPAnfP3OM&feature=youtu.be
https://www.youtube.com/watch?v=_OcPAnfP3OM&feature=youtu.be
YouTube
- YouTube