On May 27th we held an AMA with Chromia in our public Telegram channel. A full summary of the AMA is provided in the Medium link below.
🗣 Project Summary -
Chromia formerly Chromapolis, is both a blockchain and a relational database. This means that decentralized applications (dApps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.
All applications need a way to store and handle application data - a database. Relational databases are considered to be best in class for flexibility, versatility and consistency.
Blockchains perform the role of a database: They store application data and make sure that any additions, updates and transformations are consistent with the rules of the application. By delegating blockchain logic and storage to a relational database management system, Chromia achieves a seamless fusion of the two.
Chromia are the next IEO on KuCoin Spotlight, starting on May 28th.
https://medium.com/@wolfcrypto/chromia-ama-with-wolf-crypto-2e07262d0489
🗣 Project Summary -
Chromia formerly Chromapolis, is both a blockchain and a relational database. This means that decentralized applications (dApps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.
All applications need a way to store and handle application data - a database. Relational databases are considered to be best in class for flexibility, versatility and consistency.
Blockchains perform the role of a database: They store application data and make sure that any additions, updates and transformations are consistent with the rules of the application. By delegating blockchain logic and storage to a relational database management system, Chromia achieves a seamless fusion of the two.
Chromia are the next IEO on KuCoin Spotlight, starting on May 28th.
https://medium.com/@wolfcrypto/chromia-ama-with-wolf-crypto-2e07262d0489
Medium
Chromia AMA with Wolf Crypto
We held an AMA with Chromia in our public Telegram channel on May 27th.
Crypto + Football 💰⚽️❤️
"Sports is the perfect vehicle through which to educate mass consumers about the potential and the utility of blockchain technology. I’m proud that Binance and Chiliz are leading that charge globally.”
CZ (Changpeng Zhao), CEO & Founder of Binance
https://twitter.com/alex_dreyfus/status/1133728808840957952
"Sports is the perfect vehicle through which to educate mass consumers about the potential and the utility of blockchain technology. I’m proud that Binance and Chiliz are leading that charge globally.”
CZ (Changpeng Zhao), CEO & Founder of Binance
https://twitter.com/alex_dreyfus/status/1133728808840957952
Twitter
Alexandre Dreyfus
Deep-dive presentation of @socios mobile app by @chiliz. If you want to understand the product, the model and our vision. 10 minutes. https://t.co/ta2Dc3v9OU
Algorand = REKT?
"He believes that in the Algorand protocol, if the attacker controls 1/3 of the currency, then they can effectively maliciously fork the blockchain."
33.3% attack...
https://hackernoon.com/a-fatal-flaw-in-algorand-professor-yongge-wang-takes-apart-their-renown-consensus-agreement-4c111286cdbb
"He believes that in the Algorand protocol, if the attacker controls 1/3 of the currency, then they can effectively maliciously fork the blockchain."
33.3% attack...
https://hackernoon.com/a-fatal-flaw-in-algorand-professor-yongge-wang-takes-apart-their-renown-consensus-agreement-4c111286cdbb
Hackernoon
A Fatal Flaw in Algorand: Professor Yongge Wang Takes Apart Their Renown Consensus Agreement | Hacker Noon
🔴 Live coverage from the Craig S. Wright live interview at CoinGeek Toronto:
1. Craig created Bitcoin.
2. Craig registered bitcoin.org
3. Craig is the satoshi on Bitcointalk, with help from Dave.
4. Silk Road turned him off and this is why he disappeared. “Everything I have been doing for years, I thought I failed”
5. A pseudonym was used because of the nasty way previous attempts at digital currencies ended.
6. 21 million bitcoins was a result of integer value limitations.
... cont’d
1. Craig created Bitcoin.
2. Craig registered bitcoin.org
3. Craig is the satoshi on Bitcointalk, with help from Dave.
4. Silk Road turned him off and this is why he disappeared. “Everything I have been doing for years, I thought I failed”
5. A pseudonym was used because of the nasty way previous attempts at digital currencies ended.
6. 21 million bitcoins was a result of integer value limitations.
... cont’d
7. Craig was the only one to run bitcoin nodes at the start, 65 machines at his cattle ranch. His farm and house were 3 hours apart.
8. Dave helped with keeping the machines running.
9. “It was a hobby—a hobby I spent all my money on.”
10. The first week was just abysmal, the blockchain kept falling over.
11. The bitcoin project was left in the hands of Gavin—“he’s too nice and made me look like a shadowy figure”
...cont’d
8. Dave helped with keeping the machines running.
9. “It was a hobby—a hobby I spent all my money on.”
10. The first week was just abysmal, the blockchain kept falling over.
11. The bitcoin project was left in the hands of Gavin—“he’s too nice and made me look like a shadowy figure”
...cont’d
12. Wouldn’t change anything about Bitcoin, as it’s finally scaling.
13. Attacks on him as a person have affected his family.
14. Family have been very supportive in his bitcoin journey—“I’ll never be nice, not a lot of people can put up with me; I’m better than I was”
15. “I’m not good with groups, when I first came out I was scared shitless”
13. Attacks on him as a person have affected his family.
14. Family have been very supportive in his bitcoin journey—“I’ll never be nice, not a lot of people can put up with me; I’m better than I was”
15. “I’m not good with groups, when I first came out I was scared shitless”
Are Origo selling ecosystem tokens on Bittrex?
https://etherscan.io/address/0x337E6796855fCe218b71E54B95385489cc6cD1A1#tokentxns
https://etherscan.io/address/0x337E6796855fCe218b71E54B95385489cc6cD1A1#tokentxns
Bye bye criminals?! Following BestMixer.io takedown by European authorities, competing “Bitcoin Blender” BTC mixing service shuts down after 5 years of service.
The Life of an ICO Exit Scammer
https://medium.com/@aphelionveterans/ian-holtz-the-story-of-a-scammer-7521e52c87f7
https://medium.com/@aphelionveterans/ian-holtz-the-story-of-a-scammer-7521e52c87f7
SEC charges Kik (KIN token) for allegedly conducting $100m illegal ICO in 2017.
https://www.sec.gov/news/press-release/2019-87
https://www.sec.gov/news/press-release/2019-87
The first sign of a slow exit scam...remember this project was brought to you by the nefarious and notorious Moshe Hogeg, the lead architect behind the crypto scam known as Stox (STX).
We have posted multiple warnings about Moshe and any projects he is involved in on this channel...
"Dear SIRIN LABS Community,
We would like to thank you for your support of SIRIN LABS and FINNEY over the past 15 months, especially at the post ICO stage, during which we have been working hard to complete our mission and bring our Finney phone to life. It has been our absolute pleasure to be able to meet, interact and even befriend many of you. Your feedback, suggestions and thoughts have been invaluable to our process.
Since before the start of our crowdsale, nearly every member of our team has been actively engaging with the community on different topics, keeping you updated on our progress. Our CEO on the vision of the company, our CSO on FINNEY’s mobile security and even members of the development team have jumped in to clarify and explain different functionalities.
Unfortunately, all good things must come to an end, and now that our first mission was completed and the FINNEY has been released, we will be shifting to an announcements channel, keeping you updated with significant events and plans, while the telegram group will be shut down on March 1st, 2019.
We want to thank you all again for your support, advocacy and engagement with us, and encourage you all to continue following SIRIN LABS news through our website, newsletter, Twitter, Facebook and Instagram pages.
Sincerely,
SIRIN LABS team"
We have posted multiple warnings about Moshe and any projects he is involved in on this channel...
"Dear SIRIN LABS Community,
We would like to thank you for your support of SIRIN LABS and FINNEY over the past 15 months, especially at the post ICO stage, during which we have been working hard to complete our mission and bring our Finney phone to life. It has been our absolute pleasure to be able to meet, interact and even befriend many of you. Your feedback, suggestions and thoughts have been invaluable to our process.
Since before the start of our crowdsale, nearly every member of our team has been actively engaging with the community on different topics, keeping you updated on our progress. Our CEO on the vision of the company, our CSO on FINNEY’s mobile security and even members of the development team have jumped in to clarify and explain different functionalities.
Unfortunately, all good things must come to an end, and now that our first mission was completed and the FINNEY has been released, we will be shifting to an announcements channel, keeping you updated with significant events and plans, while the telegram group will be shut down on March 1st, 2019.
We want to thank you all again for your support, advocacy and engagement with us, and encourage you all to continue following SIRIN LABS news through our website, newsletter, Twitter, Facebook and Instagram pages.
Sincerely,
SIRIN LABS team"
https://medium.com/opacity-storage/opacity-launches-crypto-file-storage-9271096bf51c
*Terms and conditions apply...
* Not decentralised, (decentralisation is "coming soon") however projects like Sia, Storj etc with much greater funding have been struggling to make this work
* Not actual crypto storage, uses a centralised storage backend like AWS
* Says it's anonymous but by using centralised storage backends, IP's can still be logged...
* Token is used in place of a fiat payment. To buy tokens to use the app you need an exchange account (muh mass adoption)....no fiat to crypto gateway included
* Where did these tokens come from? Funny story, OPQ is a fork of PRL (a self acknowledged exit scam). Team forked PRL, discarded the tech, assigned themselves 27m in tokens (from a float of 130m) before building a product that is the antithesis of the original project vision
* Team also held large amounts of PRL tokens that were then beneficiaries of the OPQ fork
* Project has a burn rate of approx $90k USD per month, $70K of that is paying staff...
* Project has an approximate runway of 6 months. Project sustains itself by selling team tokens on the secondary market to new investors. No new buyers = no runway = no project
* Selling 128GB of storage for 2 OPQ (approx 0.12c...sustainable?)
* Project doesn't have a whitepaper or a roadmap (the new CEO doesn't believe in whitepapers "Whitepapers are hype and hope, not reality")
We could go on...This is a highly risky investment for any potential investor and we urge those looking at this project to exercise caution and do their own due diligence on it
*Terms and conditions apply...
* Not decentralised, (decentralisation is "coming soon") however projects like Sia, Storj etc with much greater funding have been struggling to make this work
* Not actual crypto storage, uses a centralised storage backend like AWS
* Says it's anonymous but by using centralised storage backends, IP's can still be logged...
* Token is used in place of a fiat payment. To buy tokens to use the app you need an exchange account (muh mass adoption)....no fiat to crypto gateway included
* Where did these tokens come from? Funny story, OPQ is a fork of PRL (a self acknowledged exit scam). Team forked PRL, discarded the tech, assigned themselves 27m in tokens (from a float of 130m) before building a product that is the antithesis of the original project vision
* Team also held large amounts of PRL tokens that were then beneficiaries of the OPQ fork
* Project has a burn rate of approx $90k USD per month, $70K of that is paying staff...
* Project has an approximate runway of 6 months. Project sustains itself by selling team tokens on the secondary market to new investors. No new buyers = no runway = no project
* Selling 128GB of storage for 2 OPQ (approx 0.12c...sustainable?)
* Project doesn't have a whitepaper or a roadmap (the new CEO doesn't believe in whitepapers "Whitepapers are hype and hope, not reality")
We could go on...This is a highly risky investment for any potential investor and we urge those looking at this project to exercise caution and do their own due diligence on it
Medium
OPACITY LAUNCHES CRYPTO FILE STORAGE
Opacity focuses on privacy, security, and a familiar user experience.
Forwarded from LTO Network Announcements
Binance DEX to List LTO Network (LTO) 🔥
We did it, LTO family! Thank you for supporting us, your responses have been amazing!
Binance DEX will list LTO Network (LTO) and open trading for LTO/BNB trading pair on Thursday [June 6, 2019] at 15:00 [UTC].
You can find all the details about triple token model and the bridge here 👉 https://new-community.binance.org/topic/111/binance-dex-will-list-lto-network-lto
We did it, LTO family! Thank you for supporting us, your responses have been amazing!
Binance DEX will list LTO Network (LTO) and open trading for LTO/BNB trading pair on Thursday [June 6, 2019] at 15:00 [UTC].
You can find all the details about triple token model and the bridge here 👉 https://new-community.binance.org/topic/111/binance-dex-will-list-lto-network-lto
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VIEW IN TELEGRAM
Poloniex Flash Crash Rekt-age
• May 26th, there was a flash crash of -77% on CLAM token (huge liquidation cascade of margin traders)
• Velocity of crash/lack of liquidity resulted in borrowers being unable to repay loans with their cryptoassets
• Margin loans defaulted, resulting in 1800 BTC loss from the margin lending pool
• BTC lenders on Poloniex receive 16.202% haircut as of today
• Margin markets for CLAM, FCT, MAID, BTS removed
• Additional risk protection implementation
https://medium.com/circle-trader/overview-of-btc-margin-lending-pool-losses-a2f0905aaa56
• May 26th, there was a flash crash of -77% on CLAM token (huge liquidation cascade of margin traders)
• Velocity of crash/lack of liquidity resulted in borrowers being unable to repay loans with their cryptoassets
• Margin loans defaulted, resulting in 1800 BTC loss from the margin lending pool
• BTC lenders on Poloniex receive 16.202% haircut as of today
• Margin markets for CLAM, FCT, MAID, BTS removed
• Additional risk protection implementation
https://medium.com/circle-trader/overview-of-btc-margin-lending-pool-losses-a2f0905aaa56
Mark June 18th in your crypto calendar, Facebook will be releasing their whitepaper for their cryptocurrency, codenamed Libra.
https://techcrunch.com/2019/06/06/facebook-libra-launch/
https://techcrunch.com/2019/06/06/facebook-libra-launch/
TechCrunch
Facebook plans June 18th cryptocurrency debut. Here's what we know | TechCrunch
Facebook is finally ready to reveal details about its cryptocurrency codenamed Libra. It's currently scheduled for a June 18th release of a white paper
$10M XRP stolen from GateHub
https://www.theblockcrypto.com/tiny/hackers-stole-as-much-as-10m-in-ripple-in-a-gatehub-hack/
https://www.theblockcrypto.com/tiny/hackers-stole-as-much-as-10m-in-ripple-in-a-gatehub-hack/
The Block
Hackers stole as much as $10M in Ripple in a GateHub hack
As much as $10 million in Ripple might have been stolen from Ripple Ledger wallets managed by service provider GateHub, The Next Web’s Hard Fork writes. According to XRP enthusiast Thomas Silkjær, 23,200,000 XRP have been stolen, with $5.5 million (13,100…
A single disk failure took down Binance...Maybe Binance needs a lesson on RAID arrays?
https://twitter.com/binance/status/1137110915713622016
https://twitter.com/binance/status/1137110915713622016
Twitter
Our system detected a disk failure and gracefully shut down to prevent any data loss or corruption.
Will update regularly on our progress during the maintenance.
Funds are #SAFU
We apologize for any inconvenience.
Will update regularly on our progress during the maintenance.
Funds are #SAFU
We apologize for any inconvenience.
⭐️AMPLEFORTH AMA 10/06/19 2pm UTC, 10am ET, 10pm CST⭐️
⏰Time until AMA - https://bit.ly/2ZbDCqn
✋Submit a question for the Ampleforth team - https://forms.gle/ZssHMCWsqAHkcV9f7
🗣 AMA is in our public channel https://t.me/WolfCryptoPub, so please join before we begin. 🎙
🗣 Summary -
Ampleforth is a digital asset token protocol for a cryptocurrency whose supply expands and contracts in response to the prevailing market price’s deviation from a hard-coded price target. It is intended to have a unique volatility footprint and be uncorrelated with existing traditional assets and digital assets with the goal of reducing systemic risk in investor portfolios. In the long-term, the team hopes that volatility will decrease and it will be better suited as a global reserve money than existing cryptocurrencies.
The Ampleforth protocol receives exchange-rate information from trusted oracles, and propagates that to holders of its units (Amples) by proportionally increasing or decreasing the number of tokens each individual holds.
For traders, these changes in exchange-rate and quantity translate into changes in Ample’s market capitalization. Traders with short time horizons, especially those using automated or algorithmic approaches, will thus have to devise new strategies to trade Amples.
Ultimately, unique trader behavior in response to the protocol’s incentives, is expected to produce a step-function-like movement pattern with lower correlation to Bitcoin than existing digital assets. This makes Amples uniquely suited for the following uses -
NEAR-TERM - For diversification in cryptocurrency portfolios
MEDIUM-TERM - As reserve collateral in decentralized banks such as Maker DAO
LONG-TERM - An alternative to central-bank money, like bitcoin but macroeconomically friendly
Ampleforth are the first IEO on Tokinex (Ethfinex/Bitfinex IEO platform), starting on June 13th.
🔥More Info:
⚡️- https://blog.ethfinex.com/bringing-ampleforth-to-tokinex/
⚡️- https://tokinex.ethfinex.com/token-sale/5ce5b0ff0a6ddd82b38f8e0c/Ampleforth
⚡️- https://medium.com/ampleforth/ampleforth-is-not-a-stablecoin-and-thats-ok-4584296afd8b
⚡️- https://www.smithandcrown.com/wp-content/uploads/2019/05/SmithandCrown-Ampleforth-Deep-Dive-Report.pdf
👨👩👧 Team:
- Evan Kuo - Co-Founder & CEO - https://www.linkedin.com/in/evankuo
- Brandon Iles - Co-Founder - https://www.linkedin.com/in/brandoniles
- Ahmed Naguib Aly - Software Engineer - https://www.linkedin.com/in/ahmed-naguib-aly-4950b530
- Aditya Sarawgi - Software Engineer - https://www.linkedin.com/in/adityasarawgi
- Full Team - https://www.ampleforth.org/about
👨👩👧 Advisors:
- Joey Krug - Augur & Pantera Capital - https://www.linkedin.com/in/joeykrug
- Sam Lessin - VP Product Management, Facebook - https://www.linkedin.com/in/wlessin
- Niall Ferguson - Senior Fellow at the Hoover Institution - https://www.linkedin.com/in/niall-ferguson-92a7b210
👉 Ampleforth Links:
- Website - https://www.ampleforth.org
- Twitter - https://twitter.com/ampleforthorg
- Telegram - http://t.me/Ampleforth
- Blog - https://blog.ampleforth.org
- Github - https://github.com/ampleforth
- Whitepaper - https://www.ampleforth.org/paper
- Red Book - https://www.ampleforth.org/redbook
⏰Time until AMA - https://bit.ly/2ZbDCqn
✋Submit a question for the Ampleforth team - https://forms.gle/ZssHMCWsqAHkcV9f7
🗣 AMA is in our public channel https://t.me/WolfCryptoPub, so please join before we begin. 🎙
🗣 Summary -
Ampleforth is a digital asset token protocol for a cryptocurrency whose supply expands and contracts in response to the prevailing market price’s deviation from a hard-coded price target. It is intended to have a unique volatility footprint and be uncorrelated with existing traditional assets and digital assets with the goal of reducing systemic risk in investor portfolios. In the long-term, the team hopes that volatility will decrease and it will be better suited as a global reserve money than existing cryptocurrencies.
The Ampleforth protocol receives exchange-rate information from trusted oracles, and propagates that to holders of its units (Amples) by proportionally increasing or decreasing the number of tokens each individual holds.
For traders, these changes in exchange-rate and quantity translate into changes in Ample’s market capitalization. Traders with short time horizons, especially those using automated or algorithmic approaches, will thus have to devise new strategies to trade Amples.
Ultimately, unique trader behavior in response to the protocol’s incentives, is expected to produce a step-function-like movement pattern with lower correlation to Bitcoin than existing digital assets. This makes Amples uniquely suited for the following uses -
NEAR-TERM - For diversification in cryptocurrency portfolios
MEDIUM-TERM - As reserve collateral in decentralized banks such as Maker DAO
LONG-TERM - An alternative to central-bank money, like bitcoin but macroeconomically friendly
Ampleforth are the first IEO on Tokinex (Ethfinex/Bitfinex IEO platform), starting on June 13th.
🔥More Info:
⚡️- https://blog.ethfinex.com/bringing-ampleforth-to-tokinex/
⚡️- https://tokinex.ethfinex.com/token-sale/5ce5b0ff0a6ddd82b38f8e0c/Ampleforth
⚡️- https://medium.com/ampleforth/ampleforth-is-not-a-stablecoin-and-thats-ok-4584296afd8b
⚡️- https://www.smithandcrown.com/wp-content/uploads/2019/05/SmithandCrown-Ampleforth-Deep-Dive-Report.pdf
👨👩👧 Team:
- Evan Kuo - Co-Founder & CEO - https://www.linkedin.com/in/evankuo
- Brandon Iles - Co-Founder - https://www.linkedin.com/in/brandoniles
- Ahmed Naguib Aly - Software Engineer - https://www.linkedin.com/in/ahmed-naguib-aly-4950b530
- Aditya Sarawgi - Software Engineer - https://www.linkedin.com/in/adityasarawgi
- Full Team - https://www.ampleforth.org/about
👨👩👧 Advisors:
- Joey Krug - Augur & Pantera Capital - https://www.linkedin.com/in/joeykrug
- Sam Lessin - VP Product Management, Facebook - https://www.linkedin.com/in/wlessin
- Niall Ferguson - Senior Fellow at the Hoover Institution - https://www.linkedin.com/in/niall-ferguson-92a7b210
👉 Ampleforth Links:
- Website - https://www.ampleforth.org
- Twitter - https://twitter.com/ampleforthorg
- Telegram - http://t.me/Ampleforth
- Blog - https://blog.ampleforth.org
- Github - https://github.com/ampleforth
- Whitepaper - https://www.ampleforth.org/paper
- Red Book - https://www.ampleforth.org/redbook
Timeanddate
Ampleforth Protocol AMA with Wolf Crypto
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