Very soon, residents of Dubai will be able to open a new business with the help of a blockchain. 🌆 The Ministry of Economic Development of the UAE, within the framework of the program for the introduction of high technology into the economic sector, has developed a blockchain registry for business. The new system will help simplify the procedure for registration of companies, as well as help to comply with applicable laws and regulations. At the initial stage, the development will be tested in the local analogue of the "Silicon Valley", after which it will be available for all enterprises of the country.

http://telegra.ph/Opening-Shop-Dubai-Government-Launches-Blockchain-Business-Registry-05-04-2

😁 Ripple community rejoices - Binance added to the listing a pair of XRP / USDT. An hour after the announcement of the news, the rip-rate sharply jumped by 8%, but almost immediately went into the correction. Now the Cryptocurrency has almost returned to yesterday's value of the price and is traded at $ 0.8921. Traders-fans Ripple is not embarrassed, and they are still very optimistic, as literally a week ago, a large Indian exchange Koinex included in the listing at once eight trading pairs with XRP. Perhaps in the very near future, his course will be able to pass for $ 1.

http://telegra.ph/Binance-Added-RippleXRPUSDT-Trading-Pair-05-05

Coinbase is preparing to launch its own OTC blockchain trading service - it is a type of trading for large transactions, in which transactions between the parties are concluded directly, without going through the exchange's order book. It also helps to avoid slippage - a transaction of several million dollars on the stock exchange can seriously increase the price of bitcoin, and large investors would eventually pay much more than originally thought. This type of trading is primarily designed to attract large players to the market, who intend to invest in solid currency amounts in a solid amount.

http://telegra.ph/Coinbase-To-Introduce-Over-the-Counter-Block-Trades-05-05-2

📝 Weiss Ratings provided an updated estimate of the Crypto-currency market. Compilers especially noted the successes of Cardano, NEO and EOS - these tokens are called worthy of investment. However, analysis of unsafe assets is of particular interest. Bitcoin Gold, Bitcoin Diamond, Bitcoin God and, who would have thought, Bitcoin Cash fell into this category - according to the agency, these coins do not bring any benefit, but only try to use the popularity of bitcoin for their own gain. For similar reasons, it is worthwhile to fear ZCash forks: Bitcoin Prime, Bitcoin Private and ZClassic. ZCash itself in the report is called "an innovative project from an honest team of developers, using an innovative function of confidentiality."

http://telegra.ph/Weiss-Ratings-Praises-Cardano-Neo-And-Eos--Cautions-Against-Bitcoin-Forks-05-06

📈 IOTA again returned to the top 10 by jumping immediately to the ninth position, having thrown the NEO out of the top ten and even ahead of the capitalization of TRON. Over seven days, the token added 15% to the price and continues to grow. Quite strongly the course was influenced by the news about the company's participation in the MOBI Alliance - immediately after their appearance in the media, the cost of MIOTA grew by 10%. In addition, IOTA continues to actively develop - on May 1, the launch of the IOTA Ecosystem project was launched, which will unite developers of decentralized applications built on the basic IOTA protocol. The new project will not be able to significantly affect the rate of the token, however, engaging developers and start-ups in the development of the ecosystem can become a powerful growth factor in the long term.

According to CoinMarketCap, the Ethereum rate has risen from $ 640 to May 1 on May 6, to $ 830, but after news that the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFEC) are going to consider whether pre-sale ETH coins by illegal trade in unregistered securities, the price of Ethereum fell to $ 750. Just today, regulators will consider this issue, their decision can significantly affect the course. It is possible that the ETH rate is simply in the correction, since at the moment the whole of the crypto-currency market is red, due to the drawdown of the bitcoin price, which currently trades around $ 9,300, and in the past weekend stormed the height of $ 10,000.

⁉️ ASKfm Social Network launches its ICO. More than 200 million users from 168 countries will be able to receive a new ASKT token, answering and asking questions to other people. In addition, the management of ASKfm 2.0 announced the transition of the entire social network system to its own unit. At the moment the project is at the stage of the closed private sale, and the public Pre-Sale is expected to start in June 2018. 50% of the total emission tokens (1 billion) will be offered to investors (except US citizens) during the main stage of the ICO, which is scheduled for August 2018.

📝 MIT decided to fight the problem of counterfeit diplomas with the help of a blockchain. The startup of the Massachusetts Institute of Technology launched jointly with Learning Machine, raised about $ 3 million to develop an open system for posting data on diplomas issued by educational organizations. The new blockchain-platform will allow employers to receive reliable information about the formation of graduates without having to make a request for the necessary data directly to the institute.

🤔 The Commission of Experts of the Federal Reserve Bank of San Francisco issued a statement according to which the launch of the Chicago Stock Exchange of Options (CBOE) in December 2017 of bitcoin futures could trigger a fall in the BTC rate from its peak value of $ 20,000. The constant influx of investors at the beginning of last winter's winter actively raised the rate of bitcoin, attracting those of other market players. When the price of the coin has almost reached its maximum - the CBOE and CME exchanges have released their futures. They, in turn, became an instrument in the hands of pessimistic investors for earnings at rates of depreciation, which was the basis for the reversal of the dynamics of bitcoin. The beginning of a new stage in the growth of BTC, experts from the federal reserve predict after the large traditional financial institutions will begin using crypto-currencies as collateral or payment means....

🛠 Not only did Microsoft target the services market to create decentralized applications. The second largest software manufacturer in the world - the American company Oracle, also announced the upcoming launch of its platform for DLT-sphere. While information about the product being developed is extremely small. It is well known that Oracle will launch a cloud platform with functionality for more convenient development of decentralized applications within next month. And even after one month, the company plans to start creating applications based on the technology of blockchain.

Billionaires continue to rave!

The American investor and billionaire Charles Munger joined Warren Buffett and Bill Gates, who considers investments in bitcoin as bad as the trade in freshly-picked children's brains. 😂 Manger calls bitcoin a combination of dementia and immorality, as the crypto-currency market, in his opinion, is an artificial speculative environment in which participants are looking for those to whom to sell a digital asset that does not have value at a high price. All these statements negatively affect the value of the Crypto-currency.

👮🏾 The police of India revealed another financial pyramid, connected with crypto-currencies. During a raid in the city of Dehradun, law enforcement agencies found about 100 mining farms for the extraction of Ethereum, funds for which were received in a very doubtful way. Two residents of the country received from investors about $ 14.9 million in local currency, for the purchase of 500 graphics cards and auxiliary equipment for the arrangement of farms through the sites Bit2btc..com and Gainbitcoin..com. All would be nothing, they just worked according to Ponzi's classic scheme, deceiving their customers and not paying them the promised profit from the mining. Now the police conduct investigations of their activities, as well as looking for a third accomplice who is currently hiding from the authorities.

📸 Kodak's leadership announced plans to launch the ICO on May 21. Initially, the start of sales was planned for February of this year, but due to the uncertain legal status of KodakCoin tokens, the schedule had to be left behind for four months. Tokens ICO KODACOne - blockchain platforms for the protection of copyrights to digital images, will be distributed under the contracts of SAFT (Simple Agreement for Future Tokens), which should exclude questions from the US regulator. The organizers plan to attract $ 50 million of investments, $ 10 million of which has already been received at the stage of closed pre-sale.

😔 Iran's ban on crypto-currency has played a rather serious joke with the country's economy. In April, the government banned local banks from servicing operations aimed at buying ICO crypto assets and tokens. Residents of the country have nothing left to do, how to use foreign exchange services. According to the head of the Economic Commission of Iran, Reza Purebrakhimi, more than $ 2.5 billion has flowed abroad - this amount was spent by speculators to purchase crypto-currencies. The state economy is already in a catastrophic situation - this week the Iranian real reached a historic low against the USD.

Digest for the week
..............................................
📊 All the hopes of traders to raise the market due to the main crypto event of the year - the conference Consensus 2018, crashed against the harsh reality. Instead of conquering new peaks, bitcoin decided not to rush. As a result, during the past week, the main cryptocurrency lost 3% of the value and again returned to the level of $ 8,300. It is still difficult to make any forecasts. The information background clearly plays a downgrade - bitcoin is undergoing a massive attack of criticism from world-renowned businessmen: Warren Buffett, Bill Gates, Jack Ma, the founder and CEO of Alibaba, and others.

📈 Ethereum and the closing TRON ten do not seem to notice a general decline in the market - their losses for the week did not exceed 1.5%. However, their schedule also repeats bitcoin movements - if the BTC goes further down, they will follow it.

🤕Louzer among the top 10 in the past week was Bitcoin Cash -16.8% / $ 1,223. The BCH network, which increased the block size from 8MB to 32MB, did not meet with approval among the crypto community. Many users frankly do not understand what the block was enlarged for, even if during peak usage it did not fill more than 4.5mb.

❌ One of the main news of the week was the adoption by the EU Council of more stringent rules on combating money laundering and the financing of terrorism. Now, all clients of the crypto-exchange from the EU are required to undergo full identification.

👍🏻 Very positive news came from Florida - the state was the first in America, where they were allowed to pay taxes with cryptocurrency. If something is approved, then in another place should be banned. This is how the search engine Bing, owned by Microsoft, which banned advertising Crypto-currency.

🏆 And, of course, everyone was surprised by the Chinese, who issued their rating of the Crypto-currency. The first place was occupied by Ethereum, and bitcoin shared the 13th line of the list with Verge.

​​Verge is again under attack!

💣 At the moment, hackers once again managed to seize control of the Verge network, using one of the bugs of its system. Some mining pools, working with XVG, report a large-scale DDoS-attack on their sites.
As you know, the network Verge provides work with five algorithms at once: Scrypt, Groestl, X17, Blake2S, and Lyra2rev2. In this case, each new block comes out with a new algorithm.

🤦🏻♂️ The new attack tactics are a logical continuation of the previous attack when the attackers used a vulnerability in the logic of the coin algorithm. Like last time, hackers found a way to manipulate timestamps of blocks and issue them according to their own scenario, getting all the profit from the XVG mining. And this means that Verge developers have not been able to close all the holes in their system.

Holders of Verge can in the near future to face the fall of the coin. But considering that the last time everything happened paradoxically with the exact opposite, we will not make any forecasts.

VChain is going to make a revolution in the industry of travel and passenger registration of air transport, in particular. The developers of the company are developing a system in which all information about airline customers will be recorded in the block. It is enough to undergo a complete check once so that later this procedure is no longer required. Check the information about the passengers can be without the need to exchange information with third parties. Given that only the airport of Heathrow serves more than 200 thousand people per day - the introduction of a simplified document verification system will relieve employees of the company, as well as reduce costs.

While the VChain project is in the testing phase, after which it can grow into a full-fledged commercial product. British Airways IAG has already approved the development, having financed through its subsidiary Hangar 51.

South Korea's largest exchange Korbit suspends trade Dash, Monero, Zcash, Augur, and Steem

According to the announcement published on the official website of the exchange, the management plans to start the stage-by-stage removal of the above-mentioned coins from the listing of the trading platform. The possibility of buying crypto assets will be suspended from May 28, and sales from June 21 this year - this is done so that the clients of the exchange have time to withdraw their deposits.

In social networks, it appeared that removing anonymous coins from the site, Korbit expects to obtain a license from the Japanese financial services agency FSA

Crypto-exchange Huobi has introduced a new crypto-currency index that reflects the performance of the Huobi Pro trading platform

Today, on May 23, a new consolidated index was launched, displaying data on the ten most highly traded crypto-currencies on the Huobi Pro Exchange. Now investors will have a convenient tool for tracking the most liquid market positions, without having to consider each coin separately.

Crypto assets in the index are divided into four categories: coins, platforms, tokens and applications, the data in which change quarterly, depending on the volume of transactions.