On November 12th we held an AMA with the COTI team in our public Telegram channel. A full summary of the AMA is provided in the Medium link below.
🗣 Project Summary - COTI is a blockchain 3.0 Proof of Trust DAG, Internal Exchange & Payment DApp. COTI aims to be the payment platform of choice for consumers, merchants & enterprise, bridging the gap between traditional and crypto payment platforms.
The COTI Trustchain consists of three main components, the Proof of Trust (PoT) Algorithm, Double Spend Protection (DSP) and Buyer Seller Protections.
COTI-X is an internal interoperability exchange and settlement layer, enabling cross currency payments, direct transfers of one currency to another and ensuring liquidy on the COTI platform.
COTI Pay is the payment DApp built on the COTI platform. COTI Pay offers a payment app and debit card for consumers along with a POS software suite for merchants, including processing tools that allow a merchant to accept and mange payments from COTI Pay wallet holders. COTI have also built a whitelabel solution for enterprise, allowing developers and organisations to issue their own branded tokens, payments apps and tools on top of the COTI platform.
https://medium.com/@wolfcrypto/coti-ama-with-wolf-crypto-4c4d8542277a
🗣 Project Summary - COTI is a blockchain 3.0 Proof of Trust DAG, Internal Exchange & Payment DApp. COTI aims to be the payment platform of choice for consumers, merchants & enterprise, bridging the gap between traditional and crypto payment platforms.
The COTI Trustchain consists of three main components, the Proof of Trust (PoT) Algorithm, Double Spend Protection (DSP) and Buyer Seller Protections.
COTI-X is an internal interoperability exchange and settlement layer, enabling cross currency payments, direct transfers of one currency to another and ensuring liquidy on the COTI platform.
COTI Pay is the payment DApp built on the COTI platform. COTI Pay offers a payment app and debit card for consumers along with a POS software suite for merchants, including processing tools that allow a merchant to accept and mange payments from COTI Pay wallet holders. COTI have also built a whitelabel solution for enterprise, allowing developers and organisations to issue their own branded tokens, payments apps and tools on top of the COTI platform.
https://medium.com/@wolfcrypto/coti-ama-with-wolf-crypto-4c4d8542277a
Medium
COTI AMA with Wolf Crypto
We held an AMA with COTI in our public Telegram channel on November 12th.
Update on the STOX situation
From STOX official communication on the matter...
"We once again would like to let you know that it was decided to terminate our contract with our Israel-based service provider ‘Commologic’, which had been providing services and moving to a new global structure."
"As part of this decision, the contract with Commologic has ended and we have decided to handle support, R&D and operations services internally here on out."
How does one terminate or end a contract with a company they have apparently acquired?
https://twitter.com/stx_coin/status/915846145846468609
https://venturebeat.com/2017/10/04/stox-acquires-commologic-to-become-first-regulated-ico-prediction-platform/
FUD is an acronym for fear, uncertainty and doubt. When the question asked by STOX is How easy it is to create FUD? several other question come to mind.
Does fear stem from the fact major stakeholders in the project have dumped STOX tokens continuously, while changing vesting structures to suit their own means? While being delisted from exchanges like Liqui and KuCoin. Dumped to the extent it would now take “just” 27565 ETH to buy STX on Bancor so it returns to the ICO price...
Does uncertainty stem from the fact they have reportedly fired all staff, terminated contracts with major suppliers and internalised all services, with their CEO quietly leaving the business without so much as an official announcement from STOX?
Does doubt stem from the fact throughout this entire process, STOX actions and communication to stakeholders have been less than trasparent, and in fact raise more questions than they answer? That they have provided no proof for their claims and have instead relied on brief PR responses that essentially boil down to "trust us"?
From STOX official communication on the matter...
"We once again would like to let you know that it was decided to terminate our contract with our Israel-based service provider ‘Commologic’, which had been providing services and moving to a new global structure."
"As part of this decision, the contract with Commologic has ended and we have decided to handle support, R&D and operations services internally here on out."
How does one terminate or end a contract with a company they have apparently acquired?
https://twitter.com/stx_coin/status/915846145846468609
https://venturebeat.com/2017/10/04/stox-acquires-commologic-to-become-first-regulated-ico-prediction-platform/
FUD is an acronym for fear, uncertainty and doubt. When the question asked by STOX is How easy it is to create FUD? several other question come to mind.
Does fear stem from the fact major stakeholders in the project have dumped STOX tokens continuously, while changing vesting structures to suit their own means? While being delisted from exchanges like Liqui and KuCoin. Dumped to the extent it would now take “just” 27565 ETH to buy STX on Bancor so it returns to the ICO price...
Does uncertainty stem from the fact they have reportedly fired all staff, terminated contracts with major suppliers and internalised all services, with their CEO quietly leaving the business without so much as an official announcement from STOX?
Does doubt stem from the fact throughout this entire process, STOX actions and communication to stakeholders have been less than trasparent, and in fact raise more questions than they answer? That they have provided no proof for their claims and have instead relied on brief PR responses that essentially boil down to "trust us"?
Twitter
STOX
**** In Case You Missed It **** Our acquisition of CommoLogic and its gambling licenses is complete! https://t.co/oZeWDyAt1z
The distribution of OPQ is now complete!
We still have a small handful of manual transfers to make and have yet to transfer OPQ to Cryptopia and CoinExchange as we continue to discuss next steps with each exchange.
OPQ has been distributed to KuCoin. We are in the process of confirming correct wallet amounts with them and then will discuss timing on next steps. Will share more details there when we have them.
You can add OPQ to MEW by using the following details.
Contract Address: 0x77599d2c6db170224243e255e6669280f11f1473
Symbol: OPQ
Decimals: 18
We still have a small handful of manual transfers to make and have yet to transfer OPQ to Cryptopia and CoinExchange as we continue to discuss next steps with each exchange.
OPQ has been distributed to KuCoin. We are in the process of confirming correct wallet amounts with them and then will discuss timing on next steps. Will share more details there when we have them.
You can add OPQ to MEW by using the following details.
Contract Address: 0x77599d2c6db170224243e255e6669280f11f1473
Symbol: OPQ
Decimals: 18
chiliZens Update #5 — ICO of the year award, wallet & distribution, Twitter verified.
https://medium.com/chiliz/chilizens-update-5-ico-of-the-year-award-wallet-distribution-ve-4b41983537e4
https://medium.com/chiliz/chilizens-update-5-ico-of-the-year-award-wallet-distribution-ve-4b41983537e4
Forwarded from Cointify | Blockchain & CryptoCurrency
WARNING. Liqui.io is Likely Liquidating Their Customers Assets Though Bancor & Binance. Possible Exitscam?!
Liqui.io has been delisting alot of their coins lately. Including some of their top 10 volume coins like BAT. Meanwhile they give customers just 15 days to withdraw after delisting (approx a month after announcement) to withdraw the coins. People that are on vacation / hodling / sick are likely to miss their announcements. It seems like this short announcement time has a reason:
Liqui already started to liquidate 300k USD++ assets!
Please DYOR and consider withdrawing your balances after you see these red flags!
> Liqui's twitter announcing the delisted coins and withdrawal dates:
> Pissed customers losing funds:
> Liqui's address funneling delisted assets:
> Liqui dumping on Bancor resulting in over 25% loss in value whilst half of the coins are still waiting to be dumped!
Please share and get this post to the people you know who might be affected. Perhaps Binance, Bancor should be informed to freeze their account and investigate the case before further dumps will continue.
Personally we have never used Liqui before so we can't confirm nor deny statements or experiences. But some of our group members are experiencing similar issues.
CCN has also wrote about it.
This information is based on community info, reddit research and following tracked an flagged addresses.
Liqui.io has been delisting alot of their coins lately. Including some of their top 10 volume coins like BAT. Meanwhile they give customers just 15 days to withdraw after delisting (approx a month after announcement) to withdraw the coins. People that are on vacation / hodling / sick are likely to miss their announcements. It seems like this short announcement time has a reason:
Liqui already started to liquidate 300k USD++ assets!
Please DYOR and consider withdrawing your balances after you see these red flags!
> Liqui's twitter announcing the delisted coins and withdrawal dates:
> Pissed customers losing funds:
> Liqui's address funneling delisted assets:
> Liqui dumping on Bancor resulting in over 25% loss in value whilst half of the coins are still waiting to be dumped!
Please share and get this post to the people you know who might be affected. Perhaps Binance, Bancor should be informed to freeze their account and investigate the case before further dumps will continue.
Personally we have never used Liqui before so we can't confirm nor deny statements or experiences. But some of our group members are experiencing similar issues.
CCN has also wrote about it.
This information is based on community info, reddit research and following tracked an flagged addresses.
As Bitcoin hits $5300, SEC announces ICO enforcement actions:
At close of FY 2018, we brought over a dozen standalone enforcement actions involving digital assets and ICOs.
https://twitter.com/SEC_News/status/1062755920818651136
At close of FY 2018, we brought over a dozen standalone enforcement actions involving digital assets and ICOs.
https://twitter.com/SEC_News/status/1062755920818651136
Twitter
SEC_News
At close of FY 2018, we brought over a dozen standalone enforcement actions involving digital assets and ICOs. https://t.co/1uQ6udWD1d
A good behind the scenes play by play of the recent Oyster Pearl (PRL) situation including some questionable claims made by the 8-Bit team in regards to a "thorough KYC process" and Bruno Block "retaining his anonymity, so he sent us his ID in a self-corruptible file with an expiration time" .
https://hackernoon.com/rogue-founder-commits-crypto-treason-embezzles-oyster-pearl-5fd330f3f756
https://hackernoon.com/rogue-founder-commits-crypto-treason-embezzles-oyster-pearl-5fd330f3f756
Hackernoon
Rogue Founder Commits Crypto-Treason — Embezzles Oyster Pearl | HackerNoon
But even in crypto it’s not every day that we hear a story like this.
30 minutes until BCH ABC (left) and BCH SV (right) hash war.
It is important to note the website BTC.com is owned by Jihan Wu, and supports ABC chain (hence calling it BCH)
https://fork.btc.com/
It is important to note the website BTC.com is owned by Jihan Wu, and supports ABC chain (hence calling it BCH)
https://fork.btc.com/
The last common block for BCH has been mined - all blocks starting from now will be post-fork.
Follow live at:
https://cash.coin.dance/
Follow live at:
https://cash.coin.dance/
This media is not supported in your browser
VIEW IN TELEGRAM
Is this what adoption looks like?
BCH mempool is being spammed massively with transactions.
https://blockdozer.com/
BCH mempool is being spammed massively with transactions.
https://blockdozer.com/
Winner takes all: Bitfinex will award the BCH ticker to the winner of the 'fork'.
https://twitter.com/bitfinex/status/1063133739419664384
https://twitter.com/bitfinex/status/1063133739419664384
Twitter
Bitfinex
BAB and BSV have been successfully credited to Bitfinex users and BCH positions have been claimed. The BCH symbol will not be assigned until the fork is complete.
Forwarded from Binance Announcements
Binance Has Distributed Bitcoin Cash ABC (BCHABC), Bitcoin Cash SV (BCHSV) and Will Open Trading
https://support.binance.com/hc/en-us/articles/360019875411
https://support.binance.com/hc/en-us/articles/360019875411
RED FLAGS - amplifyexchange.com
Amplify Exchange ICO is being run by Substratum, an ICO held in September of 2017, raising $13.8M USD (from a hardcap of $45M).
"Amplify Exchange is a concept that was borne out of the original Substratum product suite" and are looking to raise "a maximum
total contribution of no more than $57 million" . It's interesting to note you can only contribute to this ICO in ETH or BTC, and not in SUB. The exchange itself also will not use SUB as a token on the platform, instead using the newly created AMPX token. The ICO includes an Initiative Q style referral program ("Amplify will offer a 10% referral bonus to all participants. You do not need to own or purchase AMPX tokens to participate in our referral program")
Amplify Exchange is being claimed as a quasi DEX...on that includes the requirement of "KYC and AML will also be necessary for the operational side of the Amplify Exchange. KYC will happen during the registration of a new Amplify Exchange account and AML"
The Substratum project has been mired in controversy over fake partnerships (National Christian Foundation & HurricAide), shilling from the likes of John McAfee and DataDash, questionable price shilling of the SUB token on Twitter by Substratum CEO Justin Tabb, along with Substratum pushing out an official tweet regarding a Coinbase listing that was later blamed on unauthorized access to their Twitter account (a listing that subsequently never happened).
To be fair Substratum have delivered a alpha and then beta version of their (Product One) SubstratumNode product, however have yet to deliver on Product Two (CryptoPay) and obviously on Product Three (Amplify Exchange).
With the full release of the SubstratumNode scheduled for December, why not wait until delivering an actual full version product (product one of three) before going in for a second dip?
Dont Trust. Verify.
Amplify Exchange ICO is being run by Substratum, an ICO held in September of 2017, raising $13.8M USD (from a hardcap of $45M).
"Amplify Exchange is a concept that was borne out of the original Substratum product suite" and are looking to raise "a maximum
total contribution of no more than $57 million" . It's interesting to note you can only contribute to this ICO in ETH or BTC, and not in SUB. The exchange itself also will not use SUB as a token on the platform, instead using the newly created AMPX token. The ICO includes an Initiative Q style referral program ("Amplify will offer a 10% referral bonus to all participants. You do not need to own or purchase AMPX tokens to participate in our referral program")
Amplify Exchange is being claimed as a quasi DEX...on that includes the requirement of "KYC and AML will also be necessary for the operational side of the Amplify Exchange. KYC will happen during the registration of a new Amplify Exchange account and AML"
The Substratum project has been mired in controversy over fake partnerships (National Christian Foundation & HurricAide), shilling from the likes of John McAfee and DataDash, questionable price shilling of the SUB token on Twitter by Substratum CEO Justin Tabb, along with Substratum pushing out an official tweet regarding a Coinbase listing that was later blamed on unauthorized access to their Twitter account (a listing that subsequently never happened).
To be fair Substratum have delivered a alpha and then beta version of their (Product One) SubstratumNode product, however have yet to deliver on Product Two (CryptoPay) and obviously on Product Three (Amplify Exchange).
With the full release of the SubstratumNode scheduled for December, why not wait until delivering an actual full version product (product one of three) before going in for a second dip?
Dont Trust. Verify.
Forwarded from Libre Blockchain
Here is the announcement:
Here is the first podcast.
https://soundcloud.com/zerononcense/zerononcense-podcast-001
Its an hour-long. The first part is the juiciest.
I address finally coming forth in the public as James Edwards.
From this point on, I will be releasing multiple podcasts and doing some videos as well in the coming days and weeks. So, expect that much more content to be released.
Writing is effective, but sometimes speaking directly about a situation is more effective. Got tired of typing all the time, so I wanted to set the record straight on a few things directly via speaking on it.
If you have any questions, just listen.
Here is the first podcast.
https://soundcloud.com/zerononcense/zerononcense-podcast-001
Its an hour-long. The first part is the juiciest.
I address finally coming forth in the public as James Edwards.
From this point on, I will be releasing multiple podcasts and doing some videos as well in the coming days and weeks. So, expect that much more content to be released.
Writing is effective, but sometimes speaking directly about a situation is more effective. Got tired of typing all the time, so I wanted to set the record straight on a few things directly via speaking on it.
If you have any questions, just listen.