🌐Malaysian bank CIMB has partnered with RippleNet to speed up remittances to countries in Southeast Asia.
According to the bank, Ripple will expand the capabilities of SpeedSend, a proprietary money transfer system currently operating in the Philippines, Japan, Singapore, Thailand and India.
"We plan to make instant transfers on the Australian, American, British and Hong Kong corridors," stated the CIMB.
Ripple CEO Brad Garlinghouse noted that the implementation of the RippleNet blockchain solution will make bank payments more transparent, faster and cheaper.
What kind of payment solution from Ripple will use CIMB is not reported.
According to the bank, Ripple will expand the capabilities of SpeedSend, a proprietary money transfer system currently operating in the Philippines, Japan, Singapore, Thailand and India.
"We plan to make instant transfers on the Australian, American, British and Hong Kong corridors," stated the CIMB.
Ripple CEO Brad Garlinghouse noted that the implementation of the RippleNet blockchain solution will make bank payments more transparent, faster and cheaper.
What kind of payment solution from Ripple will use CIMB is not reported.
💦 ZERO CARBON - TACKLING CLIMATE CHANGE USING BLOCKCHAIN
The Zero Carbon Project is tackling climate change using the blockchain and international carbon credits.
Renewable energy has responded well to the climate change challenge, with impressive cost reductions achieved. However, we are concerned that renewables remain too expensive and so the impact on carbon emissions is slow.
Innovative solution
The Zero Carbon Project has 2 parts:
1. deliver energy at a lower price than existing renewable and fossil fuel energy contracts; and
2. to entice people to use the Zero Carbon Project, provide a blockchain-driven incentive scheme to reward consumers for engaging with the Zero Carbon Project and encourage consumer action.
The first part of our solution consists of a competitive ‘Zero Carbon Market’ which provides consumers access to cheaper energy contracts where the carbon emissions have been offset by international carbon credits.
Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the future value that customers receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.
Energis tokens are underpinned by concrete value as energy suppliers must use them to pay their transaction fees for using our Market. Therefore, as our consumer base grows, the demand for Energis tokens increases, constrained by a fixed supply.
We intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ and provided to consumers as rewards for engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who purchase them to pay transaction fees. This is the Energis economic cycle.
Progress achieved to date
We have been actively building the Zero Carbon Market over the last year. This includes building the Project team, completing the systems, designing the Energis smart contracts and registering energy suppliers in the UK. Our UK Market is now complete and ready for launch in October 2018. This will be followed by a global roll out in 2019.
Track-record of innovation and execution
The Zero Carbon Project is a subsidiary of Beond www.beondgroup.com which is an award-winning energy and carbon consultancy based in London. Beond is a team of 30 energy market professionals who are passionate about helping clients achieve their ambitions and also about tackling global climate change, through the application of new technologies. Our core values are integrity, innovation and quality.
Beond services over 600 energy consumers in UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business and consultancy services.
Website: https://www.zerocarbonproject.com/
Telegram Group: https://t.me/ZeroCarbonProject
The Zero Carbon Project is tackling climate change using the blockchain and international carbon credits.
Renewable energy has responded well to the climate change challenge, with impressive cost reductions achieved. However, we are concerned that renewables remain too expensive and so the impact on carbon emissions is slow.
Innovative solution
The Zero Carbon Project has 2 parts:
1. deliver energy at a lower price than existing renewable and fossil fuel energy contracts; and
2. to entice people to use the Zero Carbon Project, provide a blockchain-driven incentive scheme to reward consumers for engaging with the Zero Carbon Project and encourage consumer action.
The first part of our solution consists of a competitive ‘Zero Carbon Market’ which provides consumers access to cheaper energy contracts where the carbon emissions have been offset by international carbon credits.
Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the future value that customers receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.
Energis tokens are underpinned by concrete value as energy suppliers must use them to pay their transaction fees for using our Market. Therefore, as our consumer base grows, the demand for Energis tokens increases, constrained by a fixed supply.
We intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ and provided to consumers as rewards for engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who purchase them to pay transaction fees. This is the Energis economic cycle.
Progress achieved to date
We have been actively building the Zero Carbon Market over the last year. This includes building the Project team, completing the systems, designing the Energis smart contracts and registering energy suppliers in the UK. Our UK Market is now complete and ready for launch in October 2018. This will be followed by a global roll out in 2019.
Track-record of innovation and execution
The Zero Carbon Project is a subsidiary of Beond www.beondgroup.com which is an award-winning energy and carbon consultancy based in London. Beond is a team of 30 energy market professionals who are passionate about helping clients achieve their ambitions and also about tackling global climate change, through the application of new technologies. Our core values are integrity, innovation and quality.
Beond services over 600 energy consumers in UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business and consultancy services.
Website: https://www.zerocarbonproject.com/
Telegram Group: https://t.me/ZeroCarbonProject
Orvium - Open and Transparent Science Powered By Blockchain
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — 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:
https://t.me/orvium
https://orvium.io
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — 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:
https://t.me/orvium
https://orvium.io
Telegram
Orvium
Public group of the Orvium Project orvium.io
Former Fenbushi Capital Executive: STOs To Exceed $200 Billion Crypto Market Cap In 2019
Charlie Xu is a former Strategic Managing Director of Fenbushi Capital, China’s most active blockchain VC fund. Now, he acts as the CEO and founder of Hashgard, a one-stop shop for the management of digital assets. In a recent report, Hashgard performed extensive analysis of the security token market, concluding 2019 to be a ‘watershed year’ for security tokens.
Charlie Xu is a former Strategic Managing Director of Fenbushi Capital, China’s most active blockchain VC fund. Now, he acts as the CEO and founder of Hashgard, a one-stop shop for the management of digital assets. In a recent report, Hashgard performed extensive analysis of the security token market, concluding 2019 to be a ‘watershed year’ for security tokens.
Coinbase exec bullish on crypto mining, even amid market slump
Just days ago, Coinmine, a lesser-known crypto upstart, unveiled its first product — the fittingly named Coinmine One. For those who aren’t in the loop, the device, which resembles a tabletop gaming console or DVR, is a hardware cryptocurrency miner that is aimed at the common Joe. Coinmine, which has been backed by Anthony Pompliano, Product Hunt co-founder Ryan Hoover, the current CTO and
and others, believe that their piece of hardware can bring cryptocurrencies to the mainstream.
Just days ago, Coinmine, a lesser-known crypto upstart, unveiled its first product — the fittingly named Coinmine One. For those who aren’t in the loop, the device, which resembles a tabletop gaming console or DVR, is a hardware cryptocurrency miner that is aimed at the common Joe. Coinmine, which has been backed by Anthony Pompliano, Product Hunt co-founder Ryan Hoover, the current CTO and
and others, believe that their piece of hardware can bring cryptocurrencies to the mainstream.
❌Four fake cryptocurrency wallets were found on the Google Play Store.
Malicious applications imitated wallets for Neo (NEO), Tether (USDT) and Ethereum (ETH), one of them posing as MetaMask. It is assumed that applications stole credit card information, as well as information for mobile banking.
After contacting the Google team, all these applications were removed from the platform.
In October the Neo Wallet app was downloaded more than 1,000 times.
Such applications do not create a private key for the new wallet, but only show the public address of the attacker. If the user puts money on such a wallet, he will not be able to withdraw his funds, because he does not know the private key.
Malicious applications imitated wallets for Neo (NEO), Tether (USDT) and Ethereum (ETH), one of them posing as MetaMask. It is assumed that applications stole credit card information, as well as information for mobile banking.
After contacting the Google team, all these applications were removed from the platform.
In October the Neo Wallet app was downloaded more than 1,000 times.
Such applications do not create a private key for the new wallet, but only show the public address of the attacker. If the user puts money on such a wallet, he will not be able to withdraw his funds, because he does not know the private key.
Orvium - Open and Transparent Science Powered By Blockchain
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — 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:
https://t.me/orvium
https://orvium.io
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — 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:
https://t.me/orvium
https://orvium.io
Telegram
Orvium
Public group of the Orvium Project orvium.io
🚘OmiseGo partners with Singapore Ride Hailing App to trial blockchain solutions
MVL and OmiseGo will develop a Proof-of-Concept (PoC) to ascertain whether the decentralized OMG Network is suitable for MVL’s data record-keeping system. During the PoC, MVL will record data collected from TADA on the OmiseGo platform.
Moreover, the two companies have announced further technical and research cooperation on possible blockchain applications in TADA’s services.
MVL and OmiseGo will develop a Proof-of-Concept (PoC) to ascertain whether the decentralized OMG Network is suitable for MVL’s data record-keeping system. During the PoC, MVL will record data collected from TADA on the OmiseGo platform.
Moreover, the two companies have announced further technical and research cooperation on possible blockchain applications in TADA’s services.
Colorado and Texas Regulators Strike against Crypto Sales
Last week’s regulation recap ends with another case from the USA (indeed a productive week for US regulators), where the Colorado regulation unit “ICO Task Force” took action against four ICOs due to an unregistered securities sale. The avalanche of enforcements is affecting even non US-based crypto firms too. Last week, Australian cloud mining firm PTY LTD, has received a cease and desist order from Texas State regulators due to several violations such as sale of unregistered cloud mining contracts, unregistered securities broker and potential conflict of interest, as CryptoGlobe writes.
Last week’s regulation recap ends with another case from the USA (indeed a productive week for US regulators), where the Colorado regulation unit “ICO Task Force” took action against four ICOs due to an unregistered securities sale. The avalanche of enforcements is affecting even non US-based crypto firms too. Last week, Australian cloud mining firm PTY LTD, has received a cease and desist order from Texas State regulators due to several violations such as sale of unregistered cloud mining contracts, unregistered securities broker and potential conflict of interest, as CryptoGlobe writes.
💦 ZERO CARBON - TACKLING CLIMATE CHANGE USING BLOCKCHAIN
The Zero Carbon Project is tackling climate change using the blockchain and international carbon credits.
Renewable energy has responded well to the climate change challenge, with impressive cost reductions achieved. However, we are concerned that renewables remain too expensive and so the impact on carbon emissions is slow.
Innovative solution
The Zero Carbon Project has 2 parts:
1. deliver energy at a lower price than existing renewable and fossil fuel energy contracts; and
2. to entice people to use the Zero Carbon Project, provide a blockchain-driven incentive scheme to reward consumers for engaging with the Zero Carbon Project and encourage consumer action.
The first part of our solution consists of a competitive ‘Zero Carbon Market’ which provides consumers access to cheaper energy contracts where the carbon emissions have been offset by international carbon credits.
Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the future value that customers receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.
Energis tokens are underpinned by concrete value as energy suppliers must use them to pay their transaction fees for using our Market. Therefore, as our consumer base grows, the demand for Energis tokens increases, constrained by a fixed supply.
We intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ and provided to consumers as rewards for engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who purchase them to pay transaction fees. This is the Energis economic cycle.
Progress achieved to date
We have been actively building the Zero Carbon Market over the last year. This includes building the Project team, completing the systems, designing the Energis smart contracts and registering energy suppliers in the UK. Our UK Market is now complete and ready for launch in October 2018. This will be followed by a global roll out in 2019.
Track-record of innovation and execution
The Zero Carbon Project is a subsidiary of Beond www.beondgroup.com which is an award-winning energy and carbon consultancy based in London. Beond is a team of 30 energy market professionals who are passionate about helping clients achieve their ambitions and also about tackling global climate change, through the application of new technologies. Our core values are integrity, innovation and quality.
Beond services over 600 energy consumers in UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business and consultancy services.
Website: https://www.zerocarbonproject.com/
Telegram Group: https://t.me/ZeroCarbonProject
The Zero Carbon Project is tackling climate change using the blockchain and international carbon credits.
Renewable energy has responded well to the climate change challenge, with impressive cost reductions achieved. However, we are concerned that renewables remain too expensive and so the impact on carbon emissions is slow.
Innovative solution
The Zero Carbon Project has 2 parts:
1. deliver energy at a lower price than existing renewable and fossil fuel energy contracts; and
2. to entice people to use the Zero Carbon Project, provide a blockchain-driven incentive scheme to reward consumers for engaging with the Zero Carbon Project and encourage consumer action.
The first part of our solution consists of a competitive ‘Zero Carbon Market’ which provides consumers access to cheaper energy contracts where the carbon emissions have been offset by international carbon credits.
Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the future value that customers receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.
Energis tokens are underpinned by concrete value as energy suppliers must use them to pay their transaction fees for using our Market. Therefore, as our consumer base grows, the demand for Energis tokens increases, constrained by a fixed supply.
We intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ and provided to consumers as rewards for engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who purchase them to pay transaction fees. This is the Energis economic cycle.
Progress achieved to date
We have been actively building the Zero Carbon Market over the last year. This includes building the Project team, completing the systems, designing the Energis smart contracts and registering energy suppliers in the UK. Our UK Market is now complete and ready for launch in October 2018. This will be followed by a global roll out in 2019.
Track-record of innovation and execution
The Zero Carbon Project is a subsidiary of Beond www.beondgroup.com which is an award-winning energy and carbon consultancy based in London. Beond is a team of 30 energy market professionals who are passionate about helping clients achieve their ambitions and also about tackling global climate change, through the application of new technologies. Our core values are integrity, innovation and quality.
Beond services over 600 energy consumers in UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business and consultancy services.
Website: https://www.zerocarbonproject.com/
Telegram Group: https://t.me/ZeroCarbonProject
South Korea’s Zeniex exchange to shut down after less than 6 months
Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop.
The exchange, which was unveiled in May, has disclosed that it will cease all operations on November 23. Zeniex blamed the development on the problems facing its ZXG token.
“… with recent issues regarding ZXG, we have gone through great deliberation both internally and externally,” read a statement from the exchange. “As a result, we have come to the conclusion that continuing to operate such service will be difficult.”
Withdraw or Lose
Already, trading in the ZXG token was ended on November 9. Holders of the token will now have to accept compensation in Ethereum starting on November 12, according to a second notice released by Zeniex. For all other cryptocurrency assets, users have been urged to withdraw them prior to the termination of the service.
Zeniex, which is a joint undertaking of Chinese and South Korean entities, had also launched South Korea’s first cryptocurrency fund, the ZXG Crypto Fund 1, and this seems to have been the root of the problem. Late last month, South Korea’s Financial Supervisory Service (FSS) and the Financial Services Commission (FSC) urged investors to be cautious about virtual currency funds saying that the Capital Markets Act safeguards were not applicable to such assets.
According to Business Korea, Zeniex’s crypto fund was not registered with the FSS and neither had the regulator audited the fund’s financial investment guide. This was in violation of the law since South Korea’s Capital Markets Act requires all funds to undertake registration with the FSS. Funds that collect from general investors must also file securities reports.
Regulatory Violations
Additionally, the FSC had not given approval to the trustee, sales company or the management company. By law, the asset management firm in charge of managing the fund as well as the company in charge of selling to investors must get the financial approval of regulators. And for the sake of protecting investors, regulations such as meeting the minimum capital requirements and avoiding conflicts should also be observed.
In the recent past, the environment for the cryptocurrency sector in South Korea has become somewhat hostile. As CCN reported in October, the South Korean government declined to certify cryptocurrency and blockchain firms as venture firms thereby denying them benefits and financial incentives accorded to startups such as tax breaks.
https://twitter.com/CryptoCoinsNews/status/1047402533692612608
Instead, cryptocurrency and blockchain startups were lumped together with the entertainment, gambling and bar industry. This resulted in the Korean Bar Association urging authorities to establish a legal framework to guide the blockchain and cryptocurrency sector in order to protect investors while not stifling innovation.
“We urge the government to break away from negative perceptions and hesitation, and draw up bills to help develop the blockchain industry and prevent side effects involving cryptocurrencies.” the president of the association of legal practitioners in South Korea, Kim Hyun, was quoted as saying at the time.
Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop.
The exchange, which was unveiled in May, has disclosed that it will cease all operations on November 23. Zeniex blamed the development on the problems facing its ZXG token.
“… with recent issues regarding ZXG, we have gone through great deliberation both internally and externally,” read a statement from the exchange. “As a result, we have come to the conclusion that continuing to operate such service will be difficult.”
Withdraw or Lose
Already, trading in the ZXG token was ended on November 9. Holders of the token will now have to accept compensation in Ethereum starting on November 12, according to a second notice released by Zeniex. For all other cryptocurrency assets, users have been urged to withdraw them prior to the termination of the service.
Zeniex, which is a joint undertaking of Chinese and South Korean entities, had also launched South Korea’s first cryptocurrency fund, the ZXG Crypto Fund 1, and this seems to have been the root of the problem. Late last month, South Korea’s Financial Supervisory Service (FSS) and the Financial Services Commission (FSC) urged investors to be cautious about virtual currency funds saying that the Capital Markets Act safeguards were not applicable to such assets.
According to Business Korea, Zeniex’s crypto fund was not registered with the FSS and neither had the regulator audited the fund’s financial investment guide. This was in violation of the law since South Korea’s Capital Markets Act requires all funds to undertake registration with the FSS. Funds that collect from general investors must also file securities reports.
Regulatory Violations
Additionally, the FSC had not given approval to the trustee, sales company or the management company. By law, the asset management firm in charge of managing the fund as well as the company in charge of selling to investors must get the financial approval of regulators. And for the sake of protecting investors, regulations such as meeting the minimum capital requirements and avoiding conflicts should also be observed.
In the recent past, the environment for the cryptocurrency sector in South Korea has become somewhat hostile. As CCN reported in October, the South Korean government declined to certify cryptocurrency and blockchain firms as venture firms thereby denying them benefits and financial incentives accorded to startups such as tax breaks.
https://twitter.com/CryptoCoinsNews/status/1047402533692612608
Instead, cryptocurrency and blockchain startups were lumped together with the entertainment, gambling and bar industry. This resulted in the Korean Bar Association urging authorities to establish a legal framework to guide the blockchain and cryptocurrency sector in order to protect investors while not stifling innovation.
“We urge the government to break away from negative perceptions and hesitation, and draw up bills to help develop the blockchain industry and prevent side effects involving cryptocurrencies.” the president of the association of legal practitioners in South Korea, Kim Hyun, was quoted as saying at the time.
Twitter
CCN
South Korea Rejects Crypto Exchanges as Venture Firms, Taxes to Double https://t.co/Uhg5GC3T96
The euro is 16 years old. Bitcoin is 10 years old. Both digital currencies. One governed by politicians and debased as a matter of policy. One governed by open-source code and impossible to debase. Which more likely lives to see 30 years of age?
Eric Voorhees, CEO of ShapeShift.
Eric Voorhees, CEO of ShapeShift.
💬Bloomberg Intelligence analyst Mike McGlone believes that the cryptocurrency market may continue its downward trend, and the price of bitcoin could fall to $ 1,500.
McGlone stressed that the Bitcoin Cash’ pump before the hardfork destabilized the market situation and was one of the reasons for the collapse last week.
He added that a negative signal was also the financial report of Nvidia, in which the company disclosed the volume of excess products and gave a weak forecast for sales in the fourth quarter.
Over the past day the average rate of Bitcoin sank by 3% and dropped below $ 5,500.
McGlone stressed that the Bitcoin Cash’ pump before the hardfork destabilized the market situation and was one of the reasons for the collapse last week.
He added that a negative signal was also the financial report of Nvidia, in which the company disclosed the volume of excess products and gave a weak forecast for sales in the fourth quarter.
Over the past day the average rate of Bitcoin sank by 3% and dropped below $ 5,500.
🔹Waves blockchain platform released the browser extension Waves Keeper.
The developers said that the extension allows you to confirm transactions online without providing confidential information to third-party resources and the need to enter a private key. Also, several accounts can be used in Waves Keeper.
According to Waves founder, this decision is an important step towards creating an ecosystem of applications on top of the Waves blockchain.
The extension is already available in the Chrome Web Store. Over the time, the developers have promised to release versions of Waves Keeper for Firefox and other popular browsers.
The developers said that the extension allows you to confirm transactions online without providing confidential information to third-party resources and the need to enter a private key. Also, several accounts can be used in Waves Keeper.
According to Waves founder, this decision is an important step towards creating an ecosystem of applications on top of the Waves blockchain.
The extension is already available in the Chrome Web Store. Over the time, the developers have promised to release versions of Waves Keeper for Firefox and other popular browsers.
World’s third largest cryptocurrency exchange Huobi creates Communist Party committee
Huobi Group, operator of one of the world’s largest digital asset exchanges, has set up a Communist Party committee, in a first for any cryptocurrency and blockchain-focused company in China.
A Huobi subsidiary called Beijing Lianhuo Information Service Co. Ltd. established its party branch on Friday, according to a statement from Huobi posted on the microblogging site Weibo. Founded in 2013, Huobi is the world’s third-largest cryptocurrency exchange with a daily trading volume of US$560 million, according to data from CoinMarketCap.
Beijing Lianhuo was established in April 2018 with a registered capital of 20 million yuan (US$2.9 million), according to public company register records. Huobi founder and CEO Li Lin has a 99 per cent stake in the company.
The Communist Party’s charter stipulates that any enterprise in China having at least three party members as employees shall establish its own party branch responsible for promoting the official party line. While such an organ has long played a central role in state-owned companies, private firms in China only began setting up party committees in recent years as they seek closer ties with the government.
In the tech industry, big names with party committees include gaming giant Tencent, search engine Baidu, smartphone brand Xiaomi, and Alibaba, owner of the South China Morning Post. Newer tech start-ups like live-streaming platform Douyu and bike-sharing company Ofo are among the latest to join the foray.
In Huobi’s case, it is the first known Chinese blockchain company to set up its own party branch. Li hailed the move as a “milestone” for the company, according to local media reports that quoted a press release from the company. He added that the key reason for Huobi’s success is due to the party’s policies promoting the blockchain industry.
Huobi Group, operator of one of the world’s largest digital asset exchanges, has set up a Communist Party committee, in a first for any cryptocurrency and blockchain-focused company in China.
A Huobi subsidiary called Beijing Lianhuo Information Service Co. Ltd. established its party branch on Friday, according to a statement from Huobi posted on the microblogging site Weibo. Founded in 2013, Huobi is the world’s third-largest cryptocurrency exchange with a daily trading volume of US$560 million, according to data from CoinMarketCap.
Beijing Lianhuo was established in April 2018 with a registered capital of 20 million yuan (US$2.9 million), according to public company register records. Huobi founder and CEO Li Lin has a 99 per cent stake in the company.
The Communist Party’s charter stipulates that any enterprise in China having at least three party members as employees shall establish its own party branch responsible for promoting the official party line. While such an organ has long played a central role in state-owned companies, private firms in China only began setting up party committees in recent years as they seek closer ties with the government.
In the tech industry, big names with party committees include gaming giant Tencent, search engine Baidu, smartphone brand Xiaomi, and Alibaba, owner of the South China Morning Post. Newer tech start-ups like live-streaming platform Douyu and bike-sharing company Ofo are among the latest to join the foray.
In Huobi’s case, it is the first known Chinese blockchain company to set up its own party branch. Li hailed the move as a “milestone” for the company, according to local media reports that quoted a press release from the company. He added that the key reason for Huobi’s success is due to the party’s policies promoting the blockchain industry.
Whatever your reason for being in crypto, now is the time for:
- Compassion
- Patience
- Respect
Lot's of people have lost lots of money recently and it is not helpful to make empty promises, share shitty memes, or criticize others' choices.
🗣Andreas M. Antonopoulos, Bitcoin, open blockchains, security. entrepreneur, coder, atheist, pacifist, pilot. Author of: Mastering Bitcoin, The Internet of Money, Mastering Ethereum.
- Compassion
- Patience
- Respect
Lot's of people have lost lots of money recently and it is not helpful to make empty promises, share shitty memes, or criticize others' choices.
🗣Andreas M. Antonopoulos, Bitcoin, open blockchains, security. entrepreneur, coder, atheist, pacifist, pilot. Author of: Mastering Bitcoin, The Internet of Money, Mastering Ethereum.
♦️The market is oversold now. With current rate of 4850, in order to lower the price by 1% you need to spend twice as much as you need to raise it by 1%. If you take a 5% range, the dump requires 3 times more money.
♦️The last candlestick looks like a surrender. You shouldn't be afraid of the drop - it would be much worse if there is no at least 50% fibo bounce afterwards.
♦️The last candlestick looks like a surrender. You shouldn't be afraid of the drop - it would be much worse if there is no at least 50% fibo bounce afterwards.
🏛The US Department of Justice launched an investigation into possible Bitcoin price manipulations during 2017 cryptocurrency rally organized by Tether and the Bitfinex exchange.
In January, CTFC began to study the activities of Bitfinex and Tether Ltd, sending the information to the representatives of both organizations to the court. After that, Tether Ltd suspended the issue of USDT tokens for two months.
The US Department of Justice also intends to find out how Tether Ltd issues new coins and why most of them go through the Bitfinex exchange.
In January, CTFC began to study the activities of Bitfinex and Tether Ltd, sending the information to the representatives of both organizations to the court. After that, Tether Ltd suspended the issue of USDT tokens for two months.
The US Department of Justice also intends to find out how Tether Ltd issues new coins and why most of them go through the Bitfinex exchange.
🔊The creators of Cyber Fund and Satoshi Fund launched P2P Validator project, a platform for delegating validation rights in different blockchains based on Proof-of-Stake algorithms.
P2P Validator is a single platform for staking, managing crypto assets and counting awards for participating in validation. The project team takes care of the security of user data, user training and selection of promising PoS-projects.
For the end user, the P2P Validator is a delegate to the blockchain systems with which the project works. The user creates an address in the system, gets tokens for it and delegates them to the P2P Validator.
P2P Validator confirms transactions and creates new blocks in the network, and distributes awards for new blocks among users according to the size of the stake. The platform charges 10% of rewards for work. However, users remain anonymous and do not transfer their P2P Validator tokens. Token holders freeze assets by delegating network management rights. Assets can be returned at any time.
P2P Validator is a single platform for staking, managing crypto assets and counting awards for participating in validation. The project team takes care of the security of user data, user training and selection of promising PoS-projects.
For the end user, the P2P Validator is a delegate to the blockchain systems with which the project works. The user creates an address in the system, gets tokens for it and delegates them to the P2P Validator.
P2P Validator confirms transactions and creates new blocks in the network, and distributes awards for new blocks among users according to the size of the stake. The platform charges 10% of rewards for work. However, users remain anonymous and do not transfer their P2P Validator tokens. Token holders freeze assets by delegating network management rights. Assets can be returned at any time.
Orvium - Open and Transparent Science Powered By Blockchain
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — 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:
https://t.me/orvium
https://orvium.io
It is time to get involved and get the control back of the human knowledge.
Orvium is more than another startup — 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:
https://t.me/orvium
https://orvium.io
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Orvium
Public group of the Orvium Project orvium.io