โโU.S. Congressman Tom Emmer to lead pro-blockchain and crypto legislation
Mr. Tom Emmer, US Congressman for Minnesotaโs 6th District announced his intention to promote and protect the implementation of these technologies by elaborating several revolutionary legal instruments.
Mr. Emmer issued statements expressing his enthusiasm and willingness to do what he can to promote the use of cryptocurrencies and blockchain technologies as a way of boosting innovation and economic growth in the country:
โThe United States should prioritize accelerating the development of blockchain technology and create an environment that enables the American private sector to lead on innovation and further growth, which is why I am introducing these bills โฆ Legislators should be embracing emerging technologies and providing a clear regulatory system that allows them to flourish in the United States.โ
The three bills of which Mr. Emmer speaks seek to touch on a series of sensitive issues in what can be considered a โgrey areaโ within the North American legal system. As excellent as the intention is, it cannot be forgotten that the bureaucratic formalities necessary for its final implementation make it challenging to establish a date in the legal roadmap for a crypto-friendly United States.
Mr. Tom Emmer, US Congressman for Minnesotaโs 6th District announced his intention to promote and protect the implementation of these technologies by elaborating several revolutionary legal instruments.
Mr. Emmer issued statements expressing his enthusiasm and willingness to do what he can to promote the use of cryptocurrencies and blockchain technologies as a way of boosting innovation and economic growth in the country:
โThe United States should prioritize accelerating the development of blockchain technology and create an environment that enables the American private sector to lead on innovation and further growth, which is why I am introducing these bills โฆ Legislators should be embracing emerging technologies and providing a clear regulatory system that allows them to flourish in the United States.โ
The three bills of which Mr. Emmer speaks seek to touch on a series of sensitive issues in what can be considered a โgrey areaโ within the North American legal system. As excellent as the intention is, it cannot be forgotten that the bureaucratic formalities necessary for its final implementation make it challenging to establish a date in the legal roadmap for a crypto-friendly United States.
Raincheck-Global loyalty & rewards points exchange aggregator on ๐ Stellar
Want to be able to transfer your existing reward/loyalty points into one digital unit that can be used at any scheme? How about accurately monitoring your points, with the flexibility of transferring them at any time, on a fast and secure network? RAIN Token will give you this power at a fraction of the cost of other providers. Built on the Stellar Blockchain your secure transactions will go through within seconds at the cost of one cent per 100,000 transactions, whereas Ethereum based projects still cost around $0.20-1.45 per transaction. RAIN Token is the seamless and inexpensive experience youโve been waiting for.
Built by a team with diverse backgrounds in full stack software development, data/cyber security, global payments, retail, travel, finance and investment; Our two founders pioneered the internet in the early 90โs, founding several tech startups and have a combined 50+ years experience in the ICT sector. The RAIN Token team recognises the faults in current loyalty/rewards schemes and with their wealth of knowledge, and experience, have created a solution.
Plus, unlike some exchanges, RAIN Token has your back if you get stuck. A dedicated customer service team is available 24/7. No more submitting a support ticket and waiting 2 weeks to get an automated response.
The RAIN Token is all about simplifying the reward/loyalty point systems and giving power back to the consumer, allowing them to attain the best value - Creating opportunities for retailers, and customer, alike. Get in on this awesome project before it takes off.
https://raintoken.org/
https://t.me/getraincheck
Want to be able to transfer your existing reward/loyalty points into one digital unit that can be used at any scheme? How about accurately monitoring your points, with the flexibility of transferring them at any time, on a fast and secure network? RAIN Token will give you this power at a fraction of the cost of other providers. Built on the Stellar Blockchain your secure transactions will go through within seconds at the cost of one cent per 100,000 transactions, whereas Ethereum based projects still cost around $0.20-1.45 per transaction. RAIN Token is the seamless and inexpensive experience youโve been waiting for.
Built by a team with diverse backgrounds in full stack software development, data/cyber security, global payments, retail, travel, finance and investment; Our two founders pioneered the internet in the early 90โs, founding several tech startups and have a combined 50+ years experience in the ICT sector. The RAIN Token team recognises the faults in current loyalty/rewards schemes and with their wealth of knowledge, and experience, have created a solution.
Plus, unlike some exchanges, RAIN Token has your back if you get stuck. A dedicated customer service team is available 24/7. No more submitting a support ticket and waiting 2 weeks to get an automated response.
The RAIN Token is all about simplifying the reward/loyalty point systems and giving power back to the consumer, allowing them to attain the best value - Creating opportunities for retailers, and customer, alike. Get in on this awesome project before it takes off.
https://raintoken.org/
https://t.me/getraincheck
โโIf you are keeping your cryptos on an exchange, you are entrusting a 3rd party to serve as a safeguard.
Thinking about getting a hardware wallet? Our CEO EricLarch explains what you need to know to protect your funds from exchange hacks.
๐ฃ Ledger, a global leader in securing crypto assets.
Thinking about getting a hardware wallet? Our CEO EricLarch explains what you need to know to protect your funds from exchange hacks.
๐ฃ Ledger, a global leader in securing crypto assets.
โโSEC sets new deadline for decision on VanEck-SolidX Bitcoin ETF
The U.S. Securities and Exchange Commission (SEC) has announced that it needs extra time to decide on an application by VanEck-SolidX for a Bitcoin ETF. The commission revised the deadline for the decision which will be December 29th 2018.
In a post on its site on 20 June, the SEC originally said that the Cboe BZX Exchange (BZX) had registered with the SEC, โa proposed rule change to list and trade shares of SolidX Bitcoin Shares issued by the VanEck SolidX Bitcoin Trustโ. The commission then had 45 days from this date to reach a verdict but, presumably recognised the complexity of the issue and declared another extension leaving it until 30 September 2018. The SECโs justified its actions by stating that the commission required;
โa longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change.โ
With this deadline now looming the SEC decided today to once more prolong the process by declaring that a new deadline would be set for the end of the year.
The SEC will make another decision by 29 December 2018 on how to proceed. It could then postpone for an additional 60 days, putting off the issue until 27 February 2019, and this would be the final cut-off point legally allowable.
The U.S. Securities and Exchange Commission (SEC) has announced that it needs extra time to decide on an application by VanEck-SolidX for a Bitcoin ETF. The commission revised the deadline for the decision which will be December 29th 2018.
In a post on its site on 20 June, the SEC originally said that the Cboe BZX Exchange (BZX) had registered with the SEC, โa proposed rule change to list and trade shares of SolidX Bitcoin Shares issued by the VanEck SolidX Bitcoin Trustโ. The commission then had 45 days from this date to reach a verdict but, presumably recognised the complexity of the issue and declared another extension leaving it until 30 September 2018. The SECโs justified its actions by stating that the commission required;
โa longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change.โ
With this deadline now looming the SEC decided today to once more prolong the process by declaring that a new deadline would be set for the end of the year.
The SEC will make another decision by 29 December 2018 on how to proceed. It could then postpone for an additional 60 days, putting off the issue until 27 February 2019, and this would be the final cut-off point legally allowable.
'500 Transactions a Second': Vitalik Says Zk-Snarks Could Scale Ethereum
A form of cryptography pioneered by zcash might help scale ethereum, the founder of the platform Vitalik Buterin said on a research forum Saturday.
Named zk-snarks, Buterin wrote that by using the tech, ethereum can potentially scale "by a huge amount," up to 500 transactions per second, without relying on layer-two scaling solutions, such as Plasma or Raiden. As detailed by CoinDesk, zk-snarks allow for large batches of information to be compressed into so-called succinct proofs, which remain the same size regardless of the amount of inputs.
Buterin wrote:
"We can actually scale asset transfer transactions on ethereum by a huge amount, without using layer 2s that introduce liveness assumptions (eg. channels, plasma), by using zk-SNARKs to mass-validate transactions."
A form of cryptography pioneered by zcash might help scale ethereum, the founder of the platform Vitalik Buterin said on a research forum Saturday.
Named zk-snarks, Buterin wrote that by using the tech, ethereum can potentially scale "by a huge amount," up to 500 transactions per second, without relying on layer-two scaling solutions, such as Plasma or Raiden. As detailed by CoinDesk, zk-snarks allow for large batches of information to be compressed into so-called succinct proofs, which remain the same size regardless of the amount of inputs.
Buterin wrote:
"We can actually scale asset transfer transactions on ethereum by a huge amount, without using layer 2s that introduce liveness assumptions (eg. channels, plasma), by using zk-SNARKs to mass-validate transactions."
โโ๐EOSWebWallet is now available for the public use.
The wallet allows you to send any tokens and interact with smart contracts.
To ensure high security of userโs funds and protection against hackers, developers store only the HTML and JavaScript version on the server. In this case, transactions are signed by the user's browser, without sending personal data and private keys to a third-party server.
โ๏ธOther features of the wallet:
The ability to view information about any EOS network account, create rules for managing account settings, support smart contracts and actions in EOS blockchain, integrate with browser plug-ins and user keys, there is no need to enter user keys on each page, the wallet does not receive or store information about users, it is possible to work with both mainnet and Jungle test network.
In the future, integration with Ledger Wallet and other hardware wallets is expected.
The wallet allows you to send any tokens and interact with smart contracts.
To ensure high security of userโs funds and protection against hackers, developers store only the HTML and JavaScript version on the server. In this case, transactions are signed by the user's browser, without sending personal data and private keys to a third-party server.
โ๏ธOther features of the wallet:
The ability to view information about any EOS network account, create rules for managing account settings, support smart contracts and actions in EOS blockchain, integrate with browser plug-ins and user keys, there is no need to enter user keys on each page, the wallet does not receive or store information about users, it is possible to work with both mainnet and Jungle test network.
In the future, integration with Ledger Wallet and other hardware wallets is expected.
โโโ๏ธDevelopers of Zap presented updated beta version of bitcoin wallet with the support of payments on the Web lightning network.
The new version (0.2.2) came out with fixed bugs, new functions and increased stability.
Also new version of Zap supports 19 languages, including Russian and Ukrainian. You can display asset value in 25 different currencies. The wallet also supports multiple color schemes.
The new version (0.2.2) came out with fixed bugs, new functions and increased stability.
Also new version of Zap supports 19 languages, including Russian and Ukrainian. You can display asset value in 25 different currencies. The wallet also supports multiple color schemes.
๐ Mobu (MOBU)
Mobu is a decentralised platform and end-to-end solution for launching compliant security tokens - "The Future of Security tokens".
The 80 Trillion dollar big securities market is coming to the blockchain. But there are still plenty of problems which occur when launching a security token. One of the main problems which arise when planning on launching a security token is the fact that it is a legal, regulatory and technical nightmare launching one. Furthermore, until now there is also no trusted competitive environment for ICO service providers to ensure lower pricing and better quality.
Those problems MOBU aims to solve.
MOBU is an ecosystem/marketplace that implements a unique MOB20 standard protocol to ensure compliant security tokens and similar to how the HTTP protocol defined the internet, the MOB20 protocol aims to define a set of commands that a compliant security token should implement!
Mobu uses the blockchain technology to create a set of rules that govern the issuance of security tokens while programming them into smart contracts on the Ethereum blockchain. This way they are transparent and immutable. And they decide on security tokens due to the lower fees, the more complex versions of dividend policies and voting rights, the possibility to execute deals faster and succeed cross-border funding within a larger investor base, as well as suffering fewer manipulations by financial institutions.
In the Mobu ecosystem the token issuers(real future companies on MOBU) post bounties to get service providers, Developers earn MOBU tokens for creating smart contracts, KYC providers pay MOBU tokens to join the network/ecosystem, Investors pay MOBU tokens for KYC process, legal representatives and escrow providers earn MOBU tokens for offering services. Mobu additionally will steel bank partnerships to ensure FIAT can easily be converted to crypto all around the world and MOBU tokens can be earned worldwide. Furthermore, Lockup utility will ensure scarcity of MOBU tokens!
The Pre-ICO with up to 25% bonus will start on 1st of September, you can already put yourself on the interest list on their website by clicking "Register Your Interest" and filling out your data.
๐ถ Documents:
๐ Whitepaper โ Mobu Whitepaper
๐ถ Additional links:
๐ Website โ mobu.io
โ๏ธ Telegram โ t.me/mobuCHAT
๐ Twitter โ twitter.com/MobuICO
๐ Facebook โ facebook.com/MobuICO
๐ฃ Reddit โ reddit.com/r/Mobu/
๐ธ Instagram โ instagram.com/MobuICO/
๐ฑ Github โ github.com/mobuadmin
๐ฃ Bitcointalk โ bitcointalk.org/index.php?topic=4726508.0
๐ Bitcoin Wiki โ en.bitcoinwiki.org/wiki/MOBU
๐บ YouTube โ Mobu YouTube channel
๐ Medium โ medium.com/mobu-io
๐ถ ICO-Dates:
Symbol: MOBU
Token type: ETH (ERC20)
ICO Price: 1 RBY = 0.15 USD
Min purchase: 0.1 ETH
Total supply: Tokens are only issued when physically sold
(350,000,000 tokens maximum possible supply, as per smart contract)
Soft cap: 1,000,000 USD
Hard cap: 35,000,000 USD
ICO Start date: 1st of December 2018
The Pre-ICO starts on 1st of September and comes with an up to 25% Bonus, visit their website and click on "Register Your Interest" to keep informed.
๐ถ Our Score:
๐๐๐๐๐ 4.5/5
The Mobu project, which delivers a product which is genuinely needed, is managed by a strong team and advisory board with lots of experience in a broad spectrum. They have a detailed whitepaper and a clear vision while entering a vast market where up until now none competitor is active. Security tokens are apparently "the future of Crypto", and thus, we expect Mobu to be a strong player and a success story in this area. The MVP is announced for this month, just before the Pre-Sale starts, and once we had a chance to test the platform, we will consider to higher the current rating.
๐ถ Promotional video: https://youtu.be/ydlXE_E2UUo
Mobu is a decentralised platform and end-to-end solution for launching compliant security tokens - "The Future of Security tokens".
The 80 Trillion dollar big securities market is coming to the blockchain. But there are still plenty of problems which occur when launching a security token. One of the main problems which arise when planning on launching a security token is the fact that it is a legal, regulatory and technical nightmare launching one. Furthermore, until now there is also no trusted competitive environment for ICO service providers to ensure lower pricing and better quality.
Those problems MOBU aims to solve.
MOBU is an ecosystem/marketplace that implements a unique MOB20 standard protocol to ensure compliant security tokens and similar to how the HTTP protocol defined the internet, the MOB20 protocol aims to define a set of commands that a compliant security token should implement!
Mobu uses the blockchain technology to create a set of rules that govern the issuance of security tokens while programming them into smart contracts on the Ethereum blockchain. This way they are transparent and immutable. And they decide on security tokens due to the lower fees, the more complex versions of dividend policies and voting rights, the possibility to execute deals faster and succeed cross-border funding within a larger investor base, as well as suffering fewer manipulations by financial institutions.
In the Mobu ecosystem the token issuers(real future companies on MOBU) post bounties to get service providers, Developers earn MOBU tokens for creating smart contracts, KYC providers pay MOBU tokens to join the network/ecosystem, Investors pay MOBU tokens for KYC process, legal representatives and escrow providers earn MOBU tokens for offering services. Mobu additionally will steel bank partnerships to ensure FIAT can easily be converted to crypto all around the world and MOBU tokens can be earned worldwide. Furthermore, Lockup utility will ensure scarcity of MOBU tokens!
The Pre-ICO with up to 25% bonus will start on 1st of September, you can already put yourself on the interest list on their website by clicking "Register Your Interest" and filling out your data.
๐ถ Documents:
๐ Whitepaper โ Mobu Whitepaper
๐ถ Additional links:
๐ Website โ mobu.io
โ๏ธ Telegram โ t.me/mobuCHAT
๐ Twitter โ twitter.com/MobuICO
๐ Facebook โ facebook.com/MobuICO
๐ฃ Reddit โ reddit.com/r/Mobu/
๐ธ Instagram โ instagram.com/MobuICO/
๐ฑ Github โ github.com/mobuadmin
๐ฃ Bitcointalk โ bitcointalk.org/index.php?topic=4726508.0
๐ Bitcoin Wiki โ en.bitcoinwiki.org/wiki/MOBU
๐บ YouTube โ Mobu YouTube channel
๐ Medium โ medium.com/mobu-io
๐ถ ICO-Dates:
Symbol: MOBU
Token type: ETH (ERC20)
ICO Price: 1 RBY = 0.15 USD
Min purchase: 0.1 ETH
Total supply: Tokens are only issued when physically sold
(350,000,000 tokens maximum possible supply, as per smart contract)
Soft cap: 1,000,000 USD
Hard cap: 35,000,000 USD
ICO Start date: 1st of December 2018
The Pre-ICO starts on 1st of September and comes with an up to 25% Bonus, visit their website and click on "Register Your Interest" to keep informed.
๐ถ Our Score:
๐๐๐๐๐ 4.5/5
The Mobu project, which delivers a product which is genuinely needed, is managed by a strong team and advisory board with lots of experience in a broad spectrum. They have a detailed whitepaper and a clear vision while entering a vast market where up until now none competitor is active. Security tokens are apparently "the future of Crypto", and thus, we expect Mobu to be a strong player and a success story in this area. The MVP is announced for this month, just before the Pre-Sale starts, and once we had a chance to test the platform, we will consider to higher the current rating.
๐ถ Promotional video: https://youtu.be/ydlXE_E2UUo
Twitter
MOBU (@MobuICO) / Twitter
Technology-enabled digital investment bank to streamline capital markets. The full infrastructure solution for the next generation of assets.
โโโก๏ธ75 banks, including Societe Generale and Santander, have joined the testing of the Interbank Information Network (IIN) based on Quorum's blockchain.
JPMorgan announced the launch of the project in October last year. The goal of IIN is to accelerate interbank payments and enable institutions to transparently share information.
The first to test the system was the Australian ANZ and the Canadian Royal Bank of Canada. Both banks acted as partners of JPMorgan.
So far, within the IIN, banks have been making daily payments of about $ 14,500.
In the future, IIN developers plan to maintain payments not only in US dollars.
JPMorgan announced the launch of the project in October last year. The goal of IIN is to accelerate interbank payments and enable institutions to transparently share information.
The first to test the system was the Australian ANZ and the Canadian Royal Bank of Canada. Both banks acted as partners of JPMorgan.
So far, within the IIN, banks have been making daily payments of about $ 14,500.
In the future, IIN developers plan to maintain payments not only in US dollars.
The U.S. tech giant Google is set to update its ad policy in October, reallowing some crypto businesses to advertise on its platform. The company announced this in an official post Tuesday, September 25.
According to the official announcement, starting in October Google will allow registered cryptocurrency exchanges to advertise on its Google Adwords platform, targeting the U.S. and Japanese audiences. The announcement says:
โAdvertisers will need to be certified with Google for the specific country in which their ads will serve. Advertisers will be able to apply for certification once the policy launches in October.โ
According to the official announcement, starting in October Google will allow registered cryptocurrency exchanges to advertise on its Google Adwords platform, targeting the U.S. and Japanese audiences. The announcement says:
โAdvertisers will need to be certified with Google for the specific country in which their ads will serve. Advertisers will be able to apply for certification once the policy launches in October.โ
โโCRYPTOCARZ IS THE WORLD'S FIRST BLOCKCHAIN-ENABLED VR RACING EXPERIENCE
CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.
To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.
Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.
WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE โ AND INTEGRATION โ OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.
Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way
THE CONCEPT
Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamerโs private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools
The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.
Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.
To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.
Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.
WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE โ AND INTEGRATION โ OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.
Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way
THE CONCEPT
Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamerโs private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools
The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.
Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
North Korea successfully using cryptos to evade US sanctions
North Korea is increasingly using crypto-currencies to successfully circumvent US sanctions, according to two Washington-based experts.
Lourdes Miranda, an independent financial intelligence analyst and a financial crimes investigator who specializes in intelligence collection and analysis, and Ross Delston, an independent Washington-based attorney and expert witness who specializes in anti-money laundering and combating the financing of terrorism (AML/CFT) compliance matters, said it was also likely that Pyongyang was both trading with established crypto-currencies and also creating its own.
โInternational criminals everywhere prefer crypto-currencies and the DPRK is no exception. Crypto-currencies have the added advantage to the DPRK of giving them more ways to circumvent US sanctions. They can do so by using multiple international exchangers, mixing and shifting services โ mirroring the money laundering cycle โ to exploit international financial institutions that have correspondent banking relationships with the United States,โ the pair said in a joint written response to Asia Times questions.
โDPRK can create their own crypto-currencies or use established ones like Bitcoin. Having their own crypto-currency would also facilitate their ability to open online accounts under the guise of a non-adversarial nation using anonymous communication to conceal the userโs locations and usage on the internet,โ they added.
Is it possible that DPRK as part of creating its own crypto-currency could create its own blockchain to manipulate their own public record of transactions? Yes, the pair said, and this would be done in order โto appear that transactions are coming from legitimate sources.โ
Taking this one step further, Miranda and Delston made it clear that the DPRK could create its own online wallet services โ virtual bank accounts โ that store, receive and send crypto-currencies into European online wallets that have limited or no Personally Identifiable Information (PII) requirements and/or do not have US sanctions imposed against them.
โWallets create both public and private keys for security and privacy purposes,โ they said. โFor example, DPRK could open an online wallet using a Russia-based service, transfer its crypto-currency into a Bulgaria-based wallet service and then transfer it again into a Greece-based wallet service, all through anonymous communication and using their own blockchain."
North Korea is increasingly using crypto-currencies to successfully circumvent US sanctions, according to two Washington-based experts.
Lourdes Miranda, an independent financial intelligence analyst and a financial crimes investigator who specializes in intelligence collection and analysis, and Ross Delston, an independent Washington-based attorney and expert witness who specializes in anti-money laundering and combating the financing of terrorism (AML/CFT) compliance matters, said it was also likely that Pyongyang was both trading with established crypto-currencies and also creating its own.
โInternational criminals everywhere prefer crypto-currencies and the DPRK is no exception. Crypto-currencies have the added advantage to the DPRK of giving them more ways to circumvent US sanctions. They can do so by using multiple international exchangers, mixing and shifting services โ mirroring the money laundering cycle โ to exploit international financial institutions that have correspondent banking relationships with the United States,โ the pair said in a joint written response to Asia Times questions.
โDPRK can create their own crypto-currencies or use established ones like Bitcoin. Having their own crypto-currency would also facilitate their ability to open online accounts under the guise of a non-adversarial nation using anonymous communication to conceal the userโs locations and usage on the internet,โ they added.
Is it possible that DPRK as part of creating its own crypto-currency could create its own blockchain to manipulate their own public record of transactions? Yes, the pair said, and this would be done in order โto appear that transactions are coming from legitimate sources.โ
Taking this one step further, Miranda and Delston made it clear that the DPRK could create its own online wallet services โ virtual bank accounts โ that store, receive and send crypto-currencies into European online wallets that have limited or no Personally Identifiable Information (PII) requirements and/or do not have US sanctions imposed against them.
โWallets create both public and private keys for security and privacy purposes,โ they said. โFor example, DPRK could open an online wallet using a Russia-based service, transfer its crypto-currency into a Bulgaria-based wallet service and then transfer it again into a Greece-based wallet service, all through anonymous communication and using their own blockchain."
โโThe new trading tool has already added more than 400 cryptocurrencies and 45,000 exchange pairs. Investors now have a new tool to help bridge the segregated world of cryptocurrency exchanges.
CoinSwitch is a new crypto exchange aggregator that allows users to trade on a number of top partner exchanges, including Changelly, IDEX, HitBTC and KuCoin, without needing to register an account.
With CoinSwitchโs aggregation, users can automatically find the best exchange rate prior to conducting their coin-coin transaction. CoinSwitch is non-custodial, meaning that users are responsible for holding their assets, which can be swapped by simpling entering the address of their relevant wallets.
The CoinSwich API even offers the ability to create a customized crypto exchangeby allowing users to add a trading widget to their websites with zero code required. The hosting sites are able to earn up to 50% on revenue share on all trades, and CoinSwitch notes that over 100 websites are already using this product. Additionally, the site offers a 25% referral program, paid in BTC.
CoinSwitch isnโt the first trading tool addressing the widely disperse crypto exchange landscape. Arbitraj LLC has been working on a set of tools designed to take advantage of the arbitrage opportunities found among the highly illiquid exchanges. Arbitraj has built a web-based app and Google Chrome plug-in that demonstrates the price spreads for cryptocurrencies while users browse through exchanges.
CoinSwitch is reportedly venture-backed with major firms like Sequoia having invested.
CoinSwitch is a new crypto exchange aggregator that allows users to trade on a number of top partner exchanges, including Changelly, IDEX, HitBTC and KuCoin, without needing to register an account.
With CoinSwitchโs aggregation, users can automatically find the best exchange rate prior to conducting their coin-coin transaction. CoinSwitch is non-custodial, meaning that users are responsible for holding their assets, which can be swapped by simpling entering the address of their relevant wallets.
The CoinSwich API even offers the ability to create a customized crypto exchangeby allowing users to add a trading widget to their websites with zero code required. The hosting sites are able to earn up to 50% on revenue share on all trades, and CoinSwitch notes that over 100 websites are already using this product. Additionally, the site offers a 25% referral program, paid in BTC.
CoinSwitch isnโt the first trading tool addressing the widely disperse crypto exchange landscape. Arbitraj LLC has been working on a set of tools designed to take advantage of the arbitrage opportunities found among the highly illiquid exchanges. Arbitraj has built a web-based app and Google Chrome plug-in that demonstrates the price spreads for cryptocurrencies while users browse through exchanges.
CoinSwitch is reportedly venture-backed with major firms like Sequoia having invested.
Raincheck-Global loyalty & rewards points exchange aggregator on ๐ Stellar
Want to be able to transfer your existing reward/loyalty points into one digital unit that can be used at any scheme? How about accurately monitoring your points, with the flexibility of transferring them at any time, on a fast and secure network? RAIN Token will give you this power at a fraction of the cost of other providers. Built on the Stellar Blockchain your secure transactions will go through within seconds at the cost of one cent per 100,000 transactions, whereas Ethereum based projects still cost around $0.20-1.45 per transaction. RAIN Token is the seamless and inexpensive experience youโve been waiting for.
Built by a team with diverse backgrounds in full stack software development, data/cyber security, global payments, retail, travel, finance and investment; Our two founders pioneered the internet in the early 90โs, founding several tech startups and have a combined 50+ years experience in the ICT sector. The RAIN Token team recognises the faults in current loyalty/rewards schemes and with their wealth of knowledge, and experience, have created a solution.
Plus, unlike some exchanges, RAIN Token has your back if you get stuck. A dedicated customer service team is available 24/7. No more submitting a support ticket and waiting 2 weeks to get an automated response.
The RAIN Token is all about simplifying the reward/loyalty point systems and giving power back to the consumer, allowing them to attain the best value - Creating opportunities for retailers, and customer, alike. Get in on this awesome project before it takes off.
https://raintoken.org/
https://t.me/getraincheck
Want to be able to transfer your existing reward/loyalty points into one digital unit that can be used at any scheme? How about accurately monitoring your points, with the flexibility of transferring them at any time, on a fast and secure network? RAIN Token will give you this power at a fraction of the cost of other providers. Built on the Stellar Blockchain your secure transactions will go through within seconds at the cost of one cent per 100,000 transactions, whereas Ethereum based projects still cost around $0.20-1.45 per transaction. RAIN Token is the seamless and inexpensive experience youโve been waiting for.
Built by a team with diverse backgrounds in full stack software development, data/cyber security, global payments, retail, travel, finance and investment; Our two founders pioneered the internet in the early 90โs, founding several tech startups and have a combined 50+ years experience in the ICT sector. The RAIN Token team recognises the faults in current loyalty/rewards schemes and with their wealth of knowledge, and experience, have created a solution.
Plus, unlike some exchanges, RAIN Token has your back if you get stuck. A dedicated customer service team is available 24/7. No more submitting a support ticket and waiting 2 weeks to get an automated response.
The RAIN Token is all about simplifying the reward/loyalty point systems and giving power back to the consumer, allowing them to attain the best value - Creating opportunities for retailers, and customer, alike. Get in on this awesome project before it takes off.
https://raintoken.org/
https://t.me/getraincheck
โโMonero developers have patched the โBurning Bugโ
he developers of open-source cryptocurrency Monero (XMR) have patched a bug that could allow an attacker to โburnโ the funds of an organizationโs wallet while only losing network transaction fees, according to an announcement published September 25.
The bug was reportedly discovered after a community member described a hypothetical attack on the XMR subreddit. The bug could purportedly affect merchants and organizations in the XMR ecosystem, enabling an attacker to trigger significant damage. The blog post further describes how the bug would be exploited:
โAn attacker first generates a random private transaction key. Thereafter, they modify the code to merely use this particular private transaction key, which ensures multiple transactions to the same public address (e.g. an exchange's hot wallet) are sent to the same stealth address. Subsequently, they send, say, a thousand transactions of 1 XMR to an exchange. Because the exchange's wallet does not warn for this particular abnormality (i.e. funds being received on the same stealth address), the exchange will, as usual, credit the attacker with 1000 XMR.โ
While Monero notes that the attacker would not be able to directly accrue monetary gains with such an attack, โthere are probably means to indirectly benefit.โ
Following the attack, the hacker sells the XMR for Bitcoin (BTC) and then withdraws the BTC. As a result of the attack, the exchange is left with 999 unspendable or โburntโ outputs of 1 XMR.
Notably, the bug has not affected the protocol or the coin supply. XMR developers subsequently created and included a patch in the code, which was announced via XMRโs official Twitter account:
XMR, which claims to be a private and โuntraceableโ cryptocurrency, was the target of fraudulent activities in the crypto space previously. Earlier this month, the MEGA Chrome extension was compromised, which allowed cybercriminals to steal usersโ XMR in addition to other sensitive information.
In June, a report published by security company Palo Alto Networks found that around 5 percent of all XMR in circulation at the time was mined maliciously. XMR reportedly has an โincredible monopolyโ on the cryptocurrencies targeted by malware, with a total of $175 million mined maliciously.
XMR is currently the tenth largest digital currency, with a market capitalization of nearly $1.9 billion and a circulating supply of over 16 million, according to CoinMarketCap. At press time, XMR is trading at around $114, up 0.68 percent over the last 24 hours.
he developers of open-source cryptocurrency Monero (XMR) have patched a bug that could allow an attacker to โburnโ the funds of an organizationโs wallet while only losing network transaction fees, according to an announcement published September 25.
The bug was reportedly discovered after a community member described a hypothetical attack on the XMR subreddit. The bug could purportedly affect merchants and organizations in the XMR ecosystem, enabling an attacker to trigger significant damage. The blog post further describes how the bug would be exploited:
โAn attacker first generates a random private transaction key. Thereafter, they modify the code to merely use this particular private transaction key, which ensures multiple transactions to the same public address (e.g. an exchange's hot wallet) are sent to the same stealth address. Subsequently, they send, say, a thousand transactions of 1 XMR to an exchange. Because the exchange's wallet does not warn for this particular abnormality (i.e. funds being received on the same stealth address), the exchange will, as usual, credit the attacker with 1000 XMR.โ
While Monero notes that the attacker would not be able to directly accrue monetary gains with such an attack, โthere are probably means to indirectly benefit.โ
Following the attack, the hacker sells the XMR for Bitcoin (BTC) and then withdraws the BTC. As a result of the attack, the exchange is left with 999 unspendable or โburntโ outputs of 1 XMR.
Notably, the bug has not affected the protocol or the coin supply. XMR developers subsequently created and included a patch in the code, which was announced via XMRโs official Twitter account:
XMR, which claims to be a private and โuntraceableโ cryptocurrency, was the target of fraudulent activities in the crypto space previously. Earlier this month, the MEGA Chrome extension was compromised, which allowed cybercriminals to steal usersโ XMR in addition to other sensitive information.
In June, a report published by security company Palo Alto Networks found that around 5 percent of all XMR in circulation at the time was mined maliciously. XMR reportedly has an โincredible monopolyโ on the cryptocurrencies targeted by malware, with a total of $175 million mined maliciously.
XMR is currently the tenth largest digital currency, with a market capitalization of nearly $1.9 billion and a circulating supply of over 16 million, according to CoinMarketCap. At press time, XMR is trading at around $114, up 0.68 percent over the last 24 hours.
Coinbase plans to ramp up altcoin listings amid growing competition
Coinbaseโs competitive advantage has long been the relative security and simplicity it offered for investors looking to enter the digital asset market. However, as competition begins to mount, Coinbase is looking to ramp up its altcoin listing process to keep up with emerging players.
In an announcement published on Tuesday, Coinbase revealed that it has instituted a new process that will allow for the rapid listing of top altcoins based on compliance with local regulators. Essentially meaning that Coinbase is planning on rapid-fire listing coins and only making them available in regions that allow investors access.
Coinbase notes that this new listing policy comes as a result of pressure applied by one of the companyโs largest institutional clients.
โThere are now thousands of digital assets of all types, including coins, tokens, forks, stablecoins and collectibles. One of our top customer requests is to add support for these new assets, and we have been determining how to do this in a secure and compliant way for those assets meeting our standards,โ said Coinbase in the announcement.
Now, Coinbase has opened up its listing process to applications by blockchain projects and will take each application at no fee for the time being. Each application will be put up against the companyโs digital asset framework for evaluation.
This listing revelation comes as major Coinbase competitors, including Circle, Abra and Gemini, have begun to expand their altcoin offerings.
Circle Invest, the retail cryptocurrency trading platform run by Goldman Sachs-backed Circle, recently announced the addition of four major altcoins, including EOS (EOS), 0x (ZRX), Stellar (XLM) and Qtum (QTUM).
Abra, an all-in-one cryptocurrency wallet and trading platform, recently announced that it has added support for Bitcoin Cash (BCH) as a means to fund user accounts. This came a week after Abra added three major altcoins, Cardano (ADA), TRON (TRX) and Basic Attention Token (BAT). Each altcoin listed on the Abra platform leverages a crypto-backed stablecoin model where investors are essentially trading derivatives on the price movement of each asset, similar to what is done on the Robinhood platform.
Perhaps most significantly, the recent news that Gemini, the cryptocurrency exchange founded by the Winklevoss twins, will be listing Litecoin (LTC) and expanding into the United Kingdom. Both of these moves directly place the exchange in direct competition with Coinbase.
Coinbaseโs competitive advantage has long been the relative security and simplicity it offered for investors looking to enter the digital asset market. However, as competition begins to mount, Coinbase is looking to ramp up its altcoin listing process to keep up with emerging players.
In an announcement published on Tuesday, Coinbase revealed that it has instituted a new process that will allow for the rapid listing of top altcoins based on compliance with local regulators. Essentially meaning that Coinbase is planning on rapid-fire listing coins and only making them available in regions that allow investors access.
Coinbase notes that this new listing policy comes as a result of pressure applied by one of the companyโs largest institutional clients.
โThere are now thousands of digital assets of all types, including coins, tokens, forks, stablecoins and collectibles. One of our top customer requests is to add support for these new assets, and we have been determining how to do this in a secure and compliant way for those assets meeting our standards,โ said Coinbase in the announcement.
Now, Coinbase has opened up its listing process to applications by blockchain projects and will take each application at no fee for the time being. Each application will be put up against the companyโs digital asset framework for evaluation.
This listing revelation comes as major Coinbase competitors, including Circle, Abra and Gemini, have begun to expand their altcoin offerings.
Circle Invest, the retail cryptocurrency trading platform run by Goldman Sachs-backed Circle, recently announced the addition of four major altcoins, including EOS (EOS), 0x (ZRX), Stellar (XLM) and Qtum (QTUM).
Abra, an all-in-one cryptocurrency wallet and trading platform, recently announced that it has added support for Bitcoin Cash (BCH) as a means to fund user accounts. This came a week after Abra added three major altcoins, Cardano (ADA), TRON (TRX) and Basic Attention Token (BAT). Each altcoin listed on the Abra platform leverages a crypto-backed stablecoin model where investors are essentially trading derivatives on the price movement of each asset, similar to what is done on the Robinhood platform.
Perhaps most significantly, the recent news that Gemini, the cryptocurrency exchange founded by the Winklevoss twins, will be listing Litecoin (LTC) and expanding into the United Kingdom. Both of these moves directly place the exchange in direct competition with Coinbase.
Orvium - Open and Transparent Science Powered By Blockchain
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Orvium aims to disrupt one of the most lucrative industry world-wide, with profit margins reported to exceed those of companies such as Google, Amazon, and Apple, while making science more transparent, universal and open than ever. Orvium creates a unique decentralized platform powered by blockchain, decentralized storage, big data and artificial intelligence to create an unprecedented decentralized solution to process, validate, disseminate and preserve scientific knowledge forever.
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It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup โ you are about to participate in a project driven by top engineers and scientists with many years of experience driving innovation at CERN, the birthplace of the Web, and NASA.
Orvium aims to disrupt one of the most lucrative industry world-wide, with profit margins reported to exceed those of companies such as Google, Amazon, and Apple, while making science more transparent, universal and open than ever. Orvium creates a unique decentralized platform powered by blockchain, decentralized storage, big data and artificial intelligence to create an unprecedented decentralized solution to process, validate, disseminate and preserve scientific knowledge forever.
We want you to be part of our future: Our TGE offers you the unique opportunity to buy ORVIUM tokens and join an excellent team. With your participation, we are going to scale science and become the leading publication platform while returning the benefits of science to society. The Web was originally designed to meet the demand for transparent and automatic information sharing between scientists around the world, lets do it now and for all.
Early-birds will be rewarded with a 10% bonus during our pre-sale.
Join us and be part of this exciting journey:
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https://orvium.io
Telegram
Orvium
Public group of the Orvium Project orvium.io
โโโ๐ฅVersion 4.11.1 of Ethereum-wallet MetaMask began supporting Ledger wallets.
The new feature will combine cold wallet security and the convenience of hot wallet.
Ledger owners will be able to use the extension to sign transactions and messages (for example, to enter the CryptoKitties site), and to check the account balance in ETH or tokens.
You can connect the hardware wallet Ledger to the MetaMask extension using the "Connect Hardware Wallet" menu item. The Ledger account can be deleted from the extension at any time.
When a user needs to sign something, he connects the device to the computer, and the extension sends a request. Transactions and messages are signed in the hardware wallet, while private keys do not leave the device limits. When the device is disconnected from the computer, MetaMask will continue to show the account balance.
The new feature will combine cold wallet security and the convenience of hot wallet.
Ledger owners will be able to use the extension to sign transactions and messages (for example, to enter the CryptoKitties site), and to check the account balance in ETH or tokens.
You can connect the hardware wallet Ledger to the MetaMask extension using the "Connect Hardware Wallet" menu item. The Ledger account can be deleted from the extension at any time.
When a user needs to sign something, he connects the device to the computer, and the extension sends a request. Transactions and messages are signed in the hardware wallet, while private keys do not leave the device limits. When the device is disconnected from the computer, MetaMask will continue to show the account balance.
โโโ๏ธThe 0xProject launched a new version 2.0 of the open protocol of the decentralized crypto exchange 0x. It is a new system of smart contracts in the network Ethereum.
The first version of the protocol allowed using open liquidity pools and reducing the costs associated with trading. Version v2.0 opens new opportunities for developers, in particular, provides additional modularity and extensibility.
0x v2.0 is also responsible for accessing and exchanging all the ERC-20 and NFT standards tokens. The developers noted that new features of v2.0 are available for the first version of the 0x protocol.
The first version of the protocol allowed using open liquidity pools and reducing the costs associated with trading. Version v2.0 opens new opportunities for developers, in particular, provides additional modularity and extensibility.
0x v2.0 is also responsible for accessing and exchanging all the ERC-20 and NFT standards tokens. The developers noted that new features of v2.0 are available for the first version of the 0x protocol.
