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In the US, you can trade bitcoins through the mobile application Cash App
Throughout the US, you can now trade and pay with bitcoins through the Cash App from Square. The mobile payment application in the currency currencies Square Cash App, the product of the mobile payments company Square, made bitcoin-trading accessible to all its users. This was done, despite the drop in the market of crypto-currencies and quite strict regulation in some states. The company received a BitLicense license in June, significantly increasing the number of users and revenue. Jack Dorsey, the head of Square, spoke about the innovation in Twitter: "We support bitcoin because we see that this is the path leading to an increase in financial well-being for all. It's a long way, and we took a small step. "
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In the US, you can trade bitcoins through the mobile application Cash App
Throughout the US, you can now trade and pay with bitcoins through the Cash App from Square. The mobile payment application in the currency currencies Square Cash App, the product of the mobile payments company Square, made bitcoin-trading accessible to all its users. This was done, despite the drop in the market of crypto-currencies and quite strict regulation in some states. The company received a BitLicense license in June, significantly increasing the number of users and revenue. Jack Dorsey, the head of Square, spoke about the innovation in Twitter: "We support bitcoin because we see that this is the path leading to an increase in financial well-being for all. It's a long way, and we took a small step. "
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Binance is preparing to launch a crypto exchange in Europe
The Liechtenstein Exchange (LCX) and the Binance bitcoin exchange are launching the Binance LCX trading platform. Users from Europe will be able to trade crypto-currencies in pairs with the euro (EUR) and the Swiss franc (CHF).
The exchange is ready to replenish the list of assets with new crypto-currencies if the listing is approved by the regulator. Binance will provide the site with maintenance, which in turn will interact with customers, maintain legal compliance, and establish cooperation with the authorities.
The Prime Minister of Liechtenstein Adrian Hasler argues that Liechtenstein's legal framework will not hinder the development of companies such as Binance LCX.
Liechtenstein is known for its loyal relationship to digital currencies. The government has determined the position of the Crypto-currency in the market and makes it possible to trade them.
💱💱💱
Binance is preparing to launch a crypto exchange in Europe
The Liechtenstein Exchange (LCX) and the Binance bitcoin exchange are launching the Binance LCX trading platform. Users from Europe will be able to trade crypto-currencies in pairs with the euro (EUR) and the Swiss franc (CHF).
The exchange is ready to replenish the list of assets with new crypto-currencies if the listing is approved by the regulator. Binance will provide the site with maintenance, which in turn will interact with customers, maintain legal compliance, and establish cooperation with the authorities.
The Prime Minister of Liechtenstein Adrian Hasler argues that Liechtenstein's legal framework will not hinder the development of companies such as Binance LCX.
Liechtenstein is known for its loyal relationship to digital currencies. The government has determined the position of the Crypto-currency in the market and makes it possible to trade them.
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Telegram in figures. Interesting statistics
At White Paper TON, the founders of Telegram shared some important indicators of the company. The numbers speak louder than words and promises. Not an empty idea was invested by investors TON:
• 200 million active users per month
• 500,000 users (minimum) are registered every day
• 70 billion messages are sent daily
• 80 million people use channels
• 30 billion views per channel every month
• 800 thousand bots, the number that is actively growing
• Telegram spent 62 million dollars for 2017 on equipment and SMS-messages for verification
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Telegram in figures. Interesting statistics
At White Paper TON, the founders of Telegram shared some important indicators of the company. The numbers speak louder than words and promises. Not an empty idea was invested by investors TON:
• 200 million active users per month
• 500,000 users (minimum) are registered every day
• 70 billion messages are sent daily
• 80 million people use channels
• 30 billion views per channel every month
• 800 thousand bots, the number that is actively growing
• Telegram spent 62 million dollars for 2017 on equipment and SMS-messages for verification
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44% of US executives consider the blockchain to be overpriced
Corporate executives come to the understanding that blockchain technology is not a magical extract extracted from digital currencies, which is capable of solving any company's problems in the shortest possible time.
Auditing company Deloitte conducted an international survey, which was attended by more than 1,000 executives focused on blockchain from Canada, Germany, Mexico, France, China, Britain and the United States. The study showed that 39% of respondents around the world believe that the potential of the blockchain is overvalued. In the US, the number of those who hold such an opinion is even higher and is 44%, while in 2016 this figure was 34%.
The main problem is that despite a large number of discussions about the blockchain, there are not so many real cases of using technology. According to the company Deloitte, "blockchain fatigue" begins to be traced among managers who believe that the potential of the technology is huge, but its real advantages remain elusive.
💱💱💱
44% of US executives consider the blockchain to be overpriced
Corporate executives come to the understanding that blockchain technology is not a magical extract extracted from digital currencies, which is capable of solving any company's problems in the shortest possible time.
Auditing company Deloitte conducted an international survey, which was attended by more than 1,000 executives focused on blockchain from Canada, Germany, Mexico, France, China, Britain and the United States. The study showed that 39% of respondents around the world believe that the potential of the blockchain is overvalued. In the US, the number of those who hold such an opinion is even higher and is 44%, while in 2016 this figure was 34%.
The main problem is that despite a large number of discussions about the blockchain, there are not so many real cases of using technology. According to the company Deloitte, "blockchain fatigue" begins to be traced among managers who believe that the potential of the technology is huge, but its real advantages remain elusive.
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Exchange OKEx sharply tightened the rules of work
Now all the customers of the OKEx Exchange will have to pass mandatory verification in order to be able to withdraw funds from the site. The new rules come into force on August 28, the company said on its website. So, to obtain the first level of verification, which corresponds to a daily limit of 2 BTC, it will be enough to provide passport data. The second level of verification with a limit of 100 BTC involves filling in information about the place of residence. Previously, OKEx users were allowed to display up to 100 BTC per day without verification of the account.
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Exchange OKEx sharply tightened the rules of work
Now all the customers of the OKEx Exchange will have to pass mandatory verification in order to be able to withdraw funds from the site. The new rules come into force on August 28, the company said on its website. So, to obtain the first level of verification, which corresponds to a daily limit of 2 BTC, it will be enough to provide passport data. The second level of verification with a limit of 100 BTC involves filling in information about the place of residence. Previously, OKEx users were allowed to display up to 100 BTC per day without verification of the account.
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The cryptocurrency market is recovering, the Bitcoin price continues to grow
Over the past 24 hours, the cost of Bitcoin's cryptocurrency has increased from 6,400 to 6,700 dollars, which has led to a decent increase in daily trading volume. Capitalization of the crypto-currency market increased from 210 to 216 billion dollars within two days, which contributed to the short-term surge in prices for tokens.
Ethereum, Ripple, Bitcoin Cash and EOS, the top five global currencies, struggled to demonstrate recovery in volume and prices, closing the day with 0.3 to 1 percent growth, falling behind Bitcoin and the rest of the market.
Bitcoin's dominance is still strong
In previous reports, the CCN stated that the BTC dominance index, which measures the dominance of the cryptocurrency over the world market, is an important metric for fixing short-term growth and the momentum of tokens.
Over the past seven days, the BTC's dominance index has increased from 51 percent to 53.6 percent, despite the recovery of the BTC price.
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The cryptocurrency market is recovering, the Bitcoin price continues to grow
Over the past 24 hours, the cost of Bitcoin's cryptocurrency has increased from 6,400 to 6,700 dollars, which has led to a decent increase in daily trading volume. Capitalization of the crypto-currency market increased from 210 to 216 billion dollars within two days, which contributed to the short-term surge in prices for tokens.
Ethereum, Ripple, Bitcoin Cash and EOS, the top five global currencies, struggled to demonstrate recovery in volume and prices, closing the day with 0.3 to 1 percent growth, falling behind Bitcoin and the rest of the market.
Bitcoin's dominance is still strong
In previous reports, the CCN stated that the BTC dominance index, which measures the dominance of the cryptocurrency over the world market, is an important metric for fixing short-term growth and the momentum of tokens.
Over the past seven days, the BTC's dominance index has increased from 51 percent to 53.6 percent, despite the recovery of the BTC price.
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The Ethnamed wallet will allow you to send funds knowing only the e-mail address
In Ukraine, developed an application that will help translate criterion, knowing only the email or username of the recipient. Ethnamed is a plug-in for Google Chrome, its main goal is to turn email into hex addresses. Another significant feature of the solution is the addition of any cryptocurrency to the already existing portfolio in the Ethnamed purse. For comparison, now, to work with a particular cryptocurrency, a user needs to download a purse created for this cryptocurrency. Now you can add absolutely any tokens to the application using pull request on GitHub.
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The Ethnamed wallet will allow you to send funds knowing only the e-mail address
In Ukraine, developed an application that will help translate criterion, knowing only the email or username of the recipient. Ethnamed is a plug-in for Google Chrome, its main goal is to turn email into hex addresses. Another significant feature of the solution is the addition of any cryptocurrency to the already existing portfolio in the Ethnamed purse. For comparison, now, to work with a particular cryptocurrency, a user needs to download a purse created for this cryptocurrency. Now you can add absolutely any tokens to the application using pull request on GitHub.
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📊 TOP-10 crypto-currency with the largest trading volume for 24 hours:
1. Bitcoin $ 7 240.36 (-0.11%)
2. Nxt $ 0.0752 (-1.95%)
3. PeerCoin $ 1.28 (-7.91%)
4. ProsperCoin $ 0.0004989 (-4.51%)
5. YbCoin $ 6,001.00 (0.00%)
6. DarkKush $ 0.001955 (-0.10%)
7. GiveCoin $ 0.0002896 (-0.13%)
8. KoboCoin $ 0.006273 (-76.74%)
9. DarkToken $ 0.002751 (-0.14%)
10. CETUS Coin $ 0.0002172 (-0.13%)
📈 TOP-10 crypto-currency with the largest growth in 24 hours:
1. EarthCoin $ 0.001233 (+ 750.93%)
2. CosmosCoin $ 0.011 (+ 107.93%)
3. BitMark $ 0.2005 (+ 51.66%)
4. BitBar $ 8.75 (+ 47.30%)
5. Emerald $ 0.00972 (+ 21.94%)
6. Argentum $ 0.07028 (+ 7.75%)
7. Catcoin $ 0.007616 (+ 7.23%)
8. CryptCoin $ 0.0362 (+ 3.22%)
9. EnergyCoin $ 0.02628 (+ 2.13%)
10. Diamond $ 2.87 (+ 1.05%)
📉 TOP-10 crypto-currency with the largest drop in 24 hours:
1. KoboCoin $ 0.006273 (-76.74%)
2. BetaCoin $ 0.003693 (-75.73%)
3. Elacoin $ 0.1103 (-24.96%)
4. CasinoCoin $ 0.0004 (-20.00%)
5. CannaCoin $ 0.01813 (-16.02%)
6. AriCoin $ 0.0008688 (-14.40%)
7. QuarkCoin $ 0.005358 (-13.04%)
8. DigiCoin $ 0.01197 (-11.20%)
9. DigiByte $ 0.03163 (-10.87%)
10. E-Gulden $ 0.06463 (-10.54%)
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📊 TOP-10 crypto-currency with the largest trading volume for 24 hours:
1. Bitcoin $ 7 240.36 (-0.11%)
2. Nxt $ 0.0752 (-1.95%)
3. PeerCoin $ 1.28 (-7.91%)
4. ProsperCoin $ 0.0004989 (-4.51%)
5. YbCoin $ 6,001.00 (0.00%)
6. DarkKush $ 0.001955 (-0.10%)
7. GiveCoin $ 0.0002896 (-0.13%)
8. KoboCoin $ 0.006273 (-76.74%)
9. DarkToken $ 0.002751 (-0.14%)
10. CETUS Coin $ 0.0002172 (-0.13%)
📈 TOP-10 crypto-currency with the largest growth in 24 hours:
1. EarthCoin $ 0.001233 (+ 750.93%)
2. CosmosCoin $ 0.011 (+ 107.93%)
3. BitMark $ 0.2005 (+ 51.66%)
4. BitBar $ 8.75 (+ 47.30%)
5. Emerald $ 0.00972 (+ 21.94%)
6. Argentum $ 0.07028 (+ 7.75%)
7. Catcoin $ 0.007616 (+ 7.23%)
8. CryptCoin $ 0.0362 (+ 3.22%)
9. EnergyCoin $ 0.02628 (+ 2.13%)
10. Diamond $ 2.87 (+ 1.05%)
📉 TOP-10 crypto-currency with the largest drop in 24 hours:
1. KoboCoin $ 0.006273 (-76.74%)
2. BetaCoin $ 0.003693 (-75.73%)
3. Elacoin $ 0.1103 (-24.96%)
4. CasinoCoin $ 0.0004 (-20.00%)
5. CannaCoin $ 0.01813 (-16.02%)
6. AriCoin $ 0.0008688 (-14.40%)
7. QuarkCoin $ 0.005358 (-13.04%)
8. DigiCoin $ 0.01197 (-11.20%)
9. DigiByte $ 0.03163 (-10.87%)
10. E-Gulden $ 0.06463 (-10.54%)
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Mining bitcoin contributes to the development of "green" energy
Mining is often called the killer of ecology since it is associated with high energy costs. But analyst of the Node Blockchain crypto company Saad Imran believes that the production of crypto-currency is useful for the planet. First, the miners tend to get the cheapest energy possible and thus develop the economy of remote regions of the world. Miners are increasingly looking for renewable energy sources because it is cheaper and contributes to the development of "green" energy. Note that this is not the first study that refutes the harm of mining.
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Mining bitcoin contributes to the development of "green" energy
Mining is often called the killer of ecology since it is associated with high energy costs. But analyst of the Node Blockchain crypto company Saad Imran believes that the production of crypto-currency is useful for the planet. First, the miners tend to get the cheapest energy possible and thus develop the economy of remote regions of the world. Miners are increasingly looking for renewable energy sources because it is cheaper and contributes to the development of "green" energy. Note that this is not the first study that refutes the harm of mining.
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CEO of BlackRock investment corporation Larry Fink sees no opportunities for his company to launch a cryptocurrency exchange traded fund (ETF) until this industry "is recognized by law."
Speaking at the New York Times Dealbook conference on November 1, Fink raised the question of whether to launch a cryptocurrency ETF under current conditions, adding, “I don’t say never.” When the industry becomes legitimate, I will say “yes”, ”CNBC quotes him as saying.
He also noted that ETFs “fundamentally” should be supported by governments that will not approve such a financial instrument if they are not sure that the funds are not used for illegal purposes. Fink singled out the anonymity of Bitcoin as a risk factor since it opens up spaces for using cryptocurrency "in tax evasion and creates other similar problems."
“I really believe that one day we will be able to start electronic trading in currency, which will be a means of accumulation. But so far the world will do fine without such a means of accumulation that someone needs for illegal things, ”he added.
Although Fink again spoke with skepticism about cryptocurrencies, he stressed that his company deeply believes in the potential of the blockchain. “The main areas of use of the blockchain are mortgages, mortgage applications, mortgage ownership, that is, everything that is done on paper,” he explained.
Fink gave his comment on the eve of November 5 - the date before which the US Securities and Exchange Commission (SEC) accepts comments on the nine cryptocurrencies ETFs proposed by three different applicants.
In November last year, Fink already gave a similar comment about Bitcoin, when he said that the cryptocurrency can be entered into the legal framework, but for this, you have to sacrifice its anonymity, which will certainly scare users away.
“If you want to legitimize it and find out who is involved in transactions ... The question is how many people will want to use it after that,” he said then Fink.
Speaking at the New York Times Dealbook conference on November 1, Fink raised the question of whether to launch a cryptocurrency ETF under current conditions, adding, “I don’t say never.” When the industry becomes legitimate, I will say “yes”, ”CNBC quotes him as saying.
He also noted that ETFs “fundamentally” should be supported by governments that will not approve such a financial instrument if they are not sure that the funds are not used for illegal purposes. Fink singled out the anonymity of Bitcoin as a risk factor since it opens up spaces for using cryptocurrency "in tax evasion and creates other similar problems."
“I really believe that one day we will be able to start electronic trading in currency, which will be a means of accumulation. But so far the world will do fine without such a means of accumulation that someone needs for illegal things, ”he added.
Although Fink again spoke with skepticism about cryptocurrencies, he stressed that his company deeply believes in the potential of the blockchain. “The main areas of use of the blockchain are mortgages, mortgage applications, mortgage ownership, that is, everything that is done on paper,” he explained.
Fink gave his comment on the eve of November 5 - the date before which the US Securities and Exchange Commission (SEC) accepts comments on the nine cryptocurrencies ETFs proposed by three different applicants.
In November last year, Fink already gave a similar comment about Bitcoin, when he said that the cryptocurrency can be entered into the legal framework, but for this, you have to sacrifice its anonymity, which will certainly scare users away.
“If you want to legitimize it and find out who is involved in transactions ... The question is how many people will want to use it after that,” he said then Fink.
Initiatives to scale the Ethereum blockchain are becoming increasingly diverse, while the previously proposed solutions run into various obstacles to implementation. This writes CoinDesk.
More recently, developers had high hopes for Plasma technology as a short-term solution for blockchain scaling. To date, work is underway on five different iterations, but their presence only indicates a deviation from the original idea, while a year after the original proposal was made, the developers are not ready to present any significant amount of usable code.
The Plasma concept was first introduced by Ethereum creator Vitalik Buterin and co-author of white paper Lightning Network by Joseph Pune in April 2017. The idea is to bring the calculations necessary for the functioning of smart contracts beyond the limits of the main blockchain. Despite the high expectations associated with this technology, in all the next iterations of Plasma, problems were found that did not allow to proceed to the operation of the solution.
“We are not ready to launch the combined version of Plasma. I believe that we will need to spend a huge pile of money and time over the coming months or even years, ”said Kelvin Fichter, an OmiseGo project researcher.
Difficulties with Plasma have led to the fact that now the developers have switched to the zk-snarks technology, which allows grouping transactions that are already used, for example, in ZCash cryptocurrency, and is one of the possible approaches to solving the scaling problem. According to the creator Buterin, the proposed method may allow access to a throughput rate of 500 transactions per second, even in the short term.
The current discussion is of particular importance since the developers recognize that the implementation of the Serenity update or Ethereum 2.0 will take about two more years, while the problem of scaling exists now.
The technical director of the startup Gnosis, which uses zk-snarks in its decentralized exchange, Stefan Gheorghe argues that this ability is supported by its ability to increase the level of decentralization compared to Plasma and its readiness to launch in the near future.
“More and more people are becoming aware of real opportunities. Zk-snarks not only provide evidence with zero disclosure, but also an excellent scaling tool that Ethereum does not use, but which can be used without additional waiting, ”he said.
“We can significantly scale transactions for transferring assets in the Ethereum blockchain without second-level solutions (channels, Plasma), using zk-snarks for mass validation of transactions,” Buterin wrote in September.
More recently, developers had high hopes for Plasma technology as a short-term solution for blockchain scaling. To date, work is underway on five different iterations, but their presence only indicates a deviation from the original idea, while a year after the original proposal was made, the developers are not ready to present any significant amount of usable code.
The Plasma concept was first introduced by Ethereum creator Vitalik Buterin and co-author of white paper Lightning Network by Joseph Pune in April 2017. The idea is to bring the calculations necessary for the functioning of smart contracts beyond the limits of the main blockchain. Despite the high expectations associated with this technology, in all the next iterations of Plasma, problems were found that did not allow to proceed to the operation of the solution.
“We are not ready to launch the combined version of Plasma. I believe that we will need to spend a huge pile of money and time over the coming months or even years, ”said Kelvin Fichter, an OmiseGo project researcher.
Difficulties with Plasma have led to the fact that now the developers have switched to the zk-snarks technology, which allows grouping transactions that are already used, for example, in ZCash cryptocurrency, and is one of the possible approaches to solving the scaling problem. According to the creator Buterin, the proposed method may allow access to a throughput rate of 500 transactions per second, even in the short term.
The current discussion is of particular importance since the developers recognize that the implementation of the Serenity update or Ethereum 2.0 will take about two more years, while the problem of scaling exists now.
The technical director of the startup Gnosis, which uses zk-snarks in its decentralized exchange, Stefan Gheorghe argues that this ability is supported by its ability to increase the level of decentralization compared to Plasma and its readiness to launch in the near future.
“More and more people are becoming aware of real opportunities. Zk-snarks not only provide evidence with zero disclosure, but also an excellent scaling tool that Ethereum does not use, but which can be used without additional waiting, ”he said.
“We can significantly scale transactions for transferring assets in the Ethereum blockchain without second-level solutions (channels, Plasma), using zk-snarks for mass validation of transactions,” Buterin wrote in September.
At the end of last week, the cryptocurrency startup Parity announced the alpha release of the lightweight client wallet Father. Currently, Father is only available on the test network, and the Parity team does not recommend running it in the main cryptocurrency blockchain. Nevertheless, the release marks an important achievement for ensuring decentralized user access to the Ethereum network. This writes ETHNews.
The client is an element of software that connects the interface of the website or user application with smart contracts and the Ethereum registry. There are several types of clients serving different needs. Some of them download the Ethereum blockchain completely, starting with the genesis-block, and then verify each new transaction. Others support the mining function and play a key role in the life of the Ethereum ecosystem, but their content requires considerable knowledge, time and resources.
Today, Ethereum users have to face the problem that many applications are trying to avoid additional workload and rely on the Infura platform, a third-party cluster of nodes that allow users to interact with the blockchain. Thus, wallets and decentralized applications that resort to the help of Infura are forced to trust the system operators, which in turn leads to a single point of failure and contradicts the principles of decentralization.
Many applications and wallets also allow users to use their own nodes, which may be inconvenient for them. To solve this problem and there are lightweight clients. They do not require you to download the entire transaction history of Ethereum and verify each new transaction. Unlike the situation in which the user is forced to trust Infura, the lightweight client allows him to rely on other full nodes of the network.
At the same time, lightweight customers have their own shortcomings. For example, they may not be as “lightweight” as is required for their wide distribution. So, many of them do not run on mobile devices (the Parity client starts). In addition, they are not always integrated into decentralized applications and wallets, and then the user has to integrate manually.
Parity's Father promises to be a user-centric, decentralized Ethereum client requiring a minimum of trust in the system. Thus, the release of Father in the main network Ethereum can help get rid of the dominance of Infura, which in turn will lead to increased security of the entire system.
The client is an element of software that connects the interface of the website or user application with smart contracts and the Ethereum registry. There are several types of clients serving different needs. Some of them download the Ethereum blockchain completely, starting with the genesis-block, and then verify each new transaction. Others support the mining function and play a key role in the life of the Ethereum ecosystem, but their content requires considerable knowledge, time and resources.
Today, Ethereum users have to face the problem that many applications are trying to avoid additional workload and rely on the Infura platform, a third-party cluster of nodes that allow users to interact with the blockchain. Thus, wallets and decentralized applications that resort to the help of Infura are forced to trust the system operators, which in turn leads to a single point of failure and contradicts the principles of decentralization.
Many applications and wallets also allow users to use their own nodes, which may be inconvenient for them. To solve this problem and there are lightweight clients. They do not require you to download the entire transaction history of Ethereum and verify each new transaction. Unlike the situation in which the user is forced to trust Infura, the lightweight client allows him to rely on other full nodes of the network.
At the same time, lightweight customers have their own shortcomings. For example, they may not be as “lightweight” as is required for their wide distribution. So, many of them do not run on mobile devices (the Parity client starts). In addition, they are not always integrated into decentralized applications and wallets, and then the user has to integrate manually.
Parity's Father promises to be a user-centric, decentralized Ethereum client requiring a minimum of trust in the system. Thus, the release of Father in the main network Ethereum can help get rid of the dominance of Infura, which in turn will lead to increased security of the entire system.
Eric Voorhees and his company are under SEC investigation
November 16, 2018
According to The Wall Street Journal (WSJ), Salt Lending, a credit startup and its former CEO, Eric Voorhees, are under investigation by the US Securities and Exchange Commission (SEC).
The article, published on November 15, says that the SEC called Salt Lending back in February to find out information about the initial offer of coins (ICO) Salt Lending worth $ 50 million at the end of 2017.
Apparently, the investigation finds out whether it is possible to equate the Salt offer to the offer of securities that should have been registered with the SEC, how the tokens were distributed among the “insiders”, and how the sales revenues were spent.
In 2014, the SEC accused Woerhis of violating the law on securities and forbade him to attract funds from private investors for 5 years; he was then fined $ 50,000. Then the SEC decided that Voorhees publicly offered unregistered securities, which was due to the attraction of shares to his subsidiary bitcoin companies SatoshiDICE and FeedZeBirds in 2012-2013.
This time, apparently, the SEC is examining whether the 2014 ban was violated if Wurhis and his company conducted an ICO.
WSJ sources also say that a private lawsuit filed on November 13 in the state of Colorado by the former head of Salt also says that the company is under investigation by the SEC.
The article also states that one of the leaders of Salt, Jennifer Neilson, stated that the company was indeed called to the SEC at the beginning of the year and that Vourhis no longer “officially” works for the company.
Earlier, there were also reports that the cryptocurrency exchange ShapeShift, where Vourhis now works as the general director, was used by criminals to launder $ 9 million.
November 16, 2018
According to The Wall Street Journal (WSJ), Salt Lending, a credit startup and its former CEO, Eric Voorhees, are under investigation by the US Securities and Exchange Commission (SEC).
The article, published on November 15, says that the SEC called Salt Lending back in February to find out information about the initial offer of coins (ICO) Salt Lending worth $ 50 million at the end of 2017.
Apparently, the investigation finds out whether it is possible to equate the Salt offer to the offer of securities that should have been registered with the SEC, how the tokens were distributed among the “insiders”, and how the sales revenues were spent.
In 2014, the SEC accused Woerhis of violating the law on securities and forbade him to attract funds from private investors for 5 years; he was then fined $ 50,000. Then the SEC decided that Voorhees publicly offered unregistered securities, which was due to the attraction of shares to his subsidiary bitcoin companies SatoshiDICE and FeedZeBirds in 2012-2013.
This time, apparently, the SEC is examining whether the 2014 ban was violated if Wurhis and his company conducted an ICO.
WSJ sources also say that a private lawsuit filed on November 13 in the state of Colorado by the former head of Salt also says that the company is under investigation by the SEC.
The article also states that one of the leaders of Salt, Jennifer Neilson, stated that the company was indeed called to the SEC at the beginning of the year and that Vourhis no longer “officially” works for the company.
Earlier, there were also reports that the cryptocurrency exchange ShapeShift, where Vourhis now works as the general director, was used by criminals to launder $ 9 million.
Win up to 100 MGO tokens every day!
MobileGo Airdrop starts on 6th of December!
Follow MobileGO on social media channels, retweet the news about GShare and esports platform – get 1 MGO;
Install GShare and earn at least 1 GShare Gold – get 1 MGO;
First 100 participants to complete both tasks will get 2 extra MGOs!
10 users with the largest amount of GShare Gold earned in GShare will get 6 additional MGO.
Play esports tournaments and winners can receive up to 100 MGO daily!
Don’t miss your chance!
Full instruction for the airdrop: http://bit.ly/2zFQmeK
Along with airdrop, MGO is now a part of a beta version of GShare app and esports platform. GShare is an app which can be used to earn GShare Gold by using your PC power. Esports is a platform for gamers and MGO token holders which hosts tournaments and allows to earn even more MGO and GShare Gold!
MobileGo Airdrop starts on 6th of December!
Follow MobileGO on social media channels, retweet the news about GShare and esports platform – get 1 MGO;
Install GShare and earn at least 1 GShare Gold – get 1 MGO;
First 100 participants to complete both tasks will get 2 extra MGOs!
10 users with the largest amount of GShare Gold earned in GShare will get 6 additional MGO.
Play esports tournaments and winners can receive up to 100 MGO daily!
Don’t miss your chance!
Full instruction for the airdrop: http://bit.ly/2zFQmeK
Along with airdrop, MGO is now a part of a beta version of GShare app and esports platform. GShare is an app which can be used to earn GShare Gold by using your PC power. Esports is a platform for gamers and MGO token holders which hosts tournaments and allows to earn even more MGO and GShare Gold!
Hello! 👋
⏱ Today we’d like to show you a fast developing project — Humans. These guys have a curious idea, excellent team, and innovative technologies. The thing they are lacking right now is feedback. As you all know, this part is essential for every project. Otherwise, the team is risking to create a useless product with common problems.
📍In brief, HUMANS is a technologically advanced solution for trading skills, help and work together. The fully automated process of searching will provide the most accurate matches. The platform combines blockchain with AI, thereby saving user’s time and giving the best UX than ever before.
Here is our advise — check their Telegram Chat 👥 @humans_net, because they are always discussing hot topics from news blockchain news to jobseeking tips from experienced freelancers. HUMANS Team is very competent, friendly and always can help you with any problem you have.
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A start-up Status.IM, which develops the Ethereum browser, reduces a quarter of employees against the background of a prolonged decline in the crypto market, CoinDesk writes.
As its co-founder Jarrad Hope explained, the size of the company turned out to be much more than its capabilities, since it was not ready for the ether rate to drop by 80%.
Status.IM attracted 182,000 ETH on token-sale last year, which at that time was estimated at $ 64 million and $ 15.5 million now. Explaining the current situation, the organizers noted that they did not have “reliable banking partners” until the second quarter of this year.
Thus, Status will get rid of approximately 25 employees who are considered “non-critical” to achieve its long-term goals.
The company intends to stretch its fiat reserves by 6 months in order to be able to cover current costs. In this regard, Status asks its employees to agree to lower wages, "which will be adjusted along with the restoration of the market." Subsequently, workers will receive compensation in SNT tokens.
“The reality is that we will have to conduct another revaluation at the end of the second quarter if the market does not recover by that moment. Then we will make our organization even more modest, and the remaining Fiat and large reserves at ETH will be used to create a reserve for several years, ”Hope said.
The main priorities of the startup over the next few months are to achieve the goals stated in the white paper, and “bring the application to a state in which it will be suitable for use”.
“We have a large and stable development team with us,” said Operational Director of Status Nabil Naghdi, adding that they do not stop working on the implementation of Ethereum 2.0 software called Nimbus.
According to him, in addition to fiat reserves, the startup has about 190,000 ETH. Currently Status does not plan to attract additional funding.
As its co-founder Jarrad Hope explained, the size of the company turned out to be much more than its capabilities, since it was not ready for the ether rate to drop by 80%.
Status.IM attracted 182,000 ETH on token-sale last year, which at that time was estimated at $ 64 million and $ 15.5 million now. Explaining the current situation, the organizers noted that they did not have “reliable banking partners” until the second quarter of this year.
Thus, Status will get rid of approximately 25 employees who are considered “non-critical” to achieve its long-term goals.
The company intends to stretch its fiat reserves by 6 months in order to be able to cover current costs. In this regard, Status asks its employees to agree to lower wages, "which will be adjusted along with the restoration of the market." Subsequently, workers will receive compensation in SNT tokens.
“The reality is that we will have to conduct another revaluation at the end of the second quarter if the market does not recover by that moment. Then we will make our organization even more modest, and the remaining Fiat and large reserves at ETH will be used to create a reserve for several years, ”Hope said.
The main priorities of the startup over the next few months are to achieve the goals stated in the white paper, and “bring the application to a state in which it will be suitable for use”.
“We have a large and stable development team with us,” said Operational Director of Status Nabil Naghdi, adding that they do not stop working on the implementation of Ethereum 2.0 software called Nimbus.
According to him, in addition to fiat reserves, the startup has about 190,000 ETH. Currently Status does not plan to attract additional funding.
Ethereum, a developer from blockchain-startup Decenter, claims that Google prohibits placing ads on Ethereum on its platform, but skips advertisements mentioning bitcoin and EOS.
“Those of our ads that contain the keyword“ Ethereum ”are no longer displayed on January 9th. Try searching for the queries “audit of smart contracts Ethereum” and “audit of smart contracts EOS” and you will see an advertisement only for the last of them, - he writes. - What is curious, the ban does not apply to keywords such as “ico”, “bitcoin”, “Eos”, etc. We tried to access IP from several different countries using a VPN and found that ads mentioning “Ethereum” are not shown anywhere. ”
The ban on the promotion of cryptocurrency projects Google imposed in March 2018, but over time it was partially withdrawn. According to the rules of Google Ads, “allowed the promotion of cryptocurrency exchanges targeted at users from the United States and Japan. Thus, the placement of ads targeted at users from other countries may be prohibited. ”
Why Google allows companies to move forward, providing, for example, audit services for EOS smart contracts but prohibits the same announcements related to Ethereum, is not clear. As users of Reddit, Google has many political and economic goals that can determine priorities for the placement of certain products in the services of the corporation.
In November, Google CEO Sundar Pichai talked about how his son is mining Ethereum.
“Those of our ads that contain the keyword“ Ethereum ”are no longer displayed on January 9th. Try searching for the queries “audit of smart contracts Ethereum” and “audit of smart contracts EOS” and you will see an advertisement only for the last of them, - he writes. - What is curious, the ban does not apply to keywords such as “ico”, “bitcoin”, “Eos”, etc. We tried to access IP from several different countries using a VPN and found that ads mentioning “Ethereum” are not shown anywhere. ”
The ban on the promotion of cryptocurrency projects Google imposed in March 2018, but over time it was partially withdrawn. According to the rules of Google Ads, “allowed the promotion of cryptocurrency exchanges targeted at users from the United States and Japan. Thus, the placement of ads targeted at users from other countries may be prohibited. ”
Why Google allows companies to move forward, providing, for example, audit services for EOS smart contracts but prohibits the same announcements related to Ethereum, is not clear. As users of Reddit, Google has many political and economic goals that can determine priorities for the placement of certain products in the services of the corporation.
In November, Google CEO Sundar Pichai talked about how his son is mining Ethereum.
The developer of Blockstream introduced a multi-signature code based on the Schnorr scheme called MuSig for further testing.
In January last year, four Bitcoin developers published a report in which they described how such signatures can help blockchain scale, reduce the size of transactions, and also “improve Bitcoin performance and the privacy of its users.” MuSig is described in the document as “a protocol allowing a group of signatories to make a short joint signature in one general message”.
In a recent announcement, Blockstream noted that the MuSig technology had passed from the idea stage to usable code and was included in secp256k1-zkp, the fork of the “highly reliable secp256k1 cryptographic library used by Bitcoin Core”.
The developers explained that they were striving to create an “abusive API that does not contribute to the implementation of dangerous usage scenarios.” They also highlighted the need for improved verification mechanisms and demonstrable security in the public key model. MuSig increases the privacy of users since it does not give out a specific signatory of a transaction.
The creators of MuSig claim that in the process of developing the technology, they were convinced that many of the existing transaction signing schemes, including earlier versions of MuSig itself, are unsafe.
Currently, third-party developers are encouraged to test the GitHub-laid code and provide feedback.
In January last year, four Bitcoin developers published a report in which they described how such signatures can help blockchain scale, reduce the size of transactions, and also “improve Bitcoin performance and the privacy of its users.” MuSig is described in the document as “a protocol allowing a group of signatories to make a short joint signature in one general message”.
In a recent announcement, Blockstream noted that the MuSig technology had passed from the idea stage to usable code and was included in secp256k1-zkp, the fork of the “highly reliable secp256k1 cryptographic library used by Bitcoin Core”.
The developers explained that they were striving to create an “abusive API that does not contribute to the implementation of dangerous usage scenarios.” They also highlighted the need for improved verification mechanisms and demonstrable security in the public key model. MuSig increases the privacy of users since it does not give out a specific signatory of a transaction.
The creators of MuSig claim that in the process of developing the technology, they were convinced that many of the existing transaction signing schemes, including earlier versions of MuSig itself, are unsafe.
Currently, third-party developers are encouraged to test the GitHub-laid code and provide feedback.
Ripple CEO of blockchain-start Brad Garlinghaus claims that JPMorgan, the banking corporation that announced this Thursday its own digital asset JPM Coin, "does not catch the essence" of cryptocurrency.
“As expected, banks are changing their attitude to cryptocurrency. But in this project, JPM does not capture the essence - launching a closed network today is comparable to the launch of AOL after the Netscape IPO. Two years passed, and bank coins did not become an answer, ”Garlinghaus wrote in his Twitter, referring to his own article two years ago, in which he was skeptical about the prospects of banking cryptocurrencies. According to CEO Ripple, the organizers of such projects are guided by the wrong assumptions and create "an even more fragmented monetary landscape than we have today."
“If banks of different groups of digital assets want to make deals with each other, they will have to organize the markets between their unique digital assets or exchange their digital assets for ordinary fiat currencies. What nonsense! ”He writes.
According to the original announcement, initially, JPM Coin will be focused on making international payments between corporate clients, which will reduce the time for conducting transactions and avoid the need to resort to using structures such as SWIFT.
Bloomberg, citing several experts, writes that these characteristics of JPM Coin make it a direct threat to Ripple, who also focuses on cross-border blockchain payments in the banking and corporate sectors.
“The JPM project uses a private blockchain with limited access called Quorum, which is much more like Google Sheets than bitcoin. Obviously, this project competes with Ripple Labs and their centralized XRP cryptocurrency, ”said one expert.
Another commentator noted that JPM Coin, unlike XRP, is a stable block, which makes it a more attractive tool in the eyes of financial organizations.
“As expected, banks are changing their attitude to cryptocurrency. But in this project, JPM does not capture the essence - launching a closed network today is comparable to the launch of AOL after the Netscape IPO. Two years passed, and bank coins did not become an answer, ”Garlinghaus wrote in his Twitter, referring to his own article two years ago, in which he was skeptical about the prospects of banking cryptocurrencies. According to CEO Ripple, the organizers of such projects are guided by the wrong assumptions and create "an even more fragmented monetary landscape than we have today."
“If banks of different groups of digital assets want to make deals with each other, they will have to organize the markets between their unique digital assets or exchange their digital assets for ordinary fiat currencies. What nonsense! ”He writes.
According to the original announcement, initially, JPM Coin will be focused on making international payments between corporate clients, which will reduce the time for conducting transactions and avoid the need to resort to using structures such as SWIFT.
Bloomberg, citing several experts, writes that these characteristics of JPM Coin make it a direct threat to Ripple, who also focuses on cross-border blockchain payments in the banking and corporate sectors.
“The JPM project uses a private blockchain with limited access called Quorum, which is much more like Google Sheets than bitcoin. Obviously, this project competes with Ripple Labs and their centralized XRP cryptocurrency, ”said one expert.
Another commentator noted that JPM Coin, unlike XRP, is a stable block, which makes it a more attractive tool in the eyes of financial organizations.
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The DreamPots.io project offers several lotteries with different durations - from one hour to one month. In each of them, 10 participants can become winners, the main opportunity is to win a $ 1 billion jackpot.
🍀Today the most tasty prices. 1000 DPT = 1 $