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Current model: problems and disadvantages

We explained the traditional form of binary options to have a better understanding would all reasons, which cause a negative attitude toward binary options and led to the fall of such a good idea.

-Traders bet against brokers. Thus, the trader's loss is the broker's gain. As a result, that the reason why brokers make sure that traders don't quit. There is a common belief that 90% of traders' funds will end up in the pockets of brokers.

-In general, the trader's reward, in case he is right, it remains fixed regardless of the other factors, which means that sometimes you should have had more resources than that. The maximum available is 75% to 90% of the rate.

-The process of negotiation takes place in the backend of a broker, so it is not transparent. Such a system makes it possible to manipulate the data in a way that makes it difficult for anyone to discover that the process has been altered.

-At times, it is necessary to deposit to start trading, which takes time. Withdrawing takes even longer. If funds are frozen, users must order or buy something to make a withdrawal.

-The quotation is often obtained from providers. And even in this case, this does not guarantee the accuracy and validity of the data provided.

-Even if brokers treat you well, it's impossible to prove it, making trust a critical factor in a decision-making process

Bitcointalk Picture of Ann : https://bitcointalk.org/index.php?topic=2518678

Twitter Link : https://twitter.com/betex_tokens

Betex model: solutions and benefits

The outcome of a bet makes no difference to us (as the platform provider) or the brokers because none of us can participate actively in the betting process. The platform will charge you a service fee, in turn, takes will place bets against each other (peer-to-peer).

-No deposit is required, and automatic withdrawal of funds is assured. This is mainly possible thanks to the use of smart contracts.

-The traders who accurately determine future changes are rewarded with 95% of the funds. In case of the returns, the trader's gain is based on the ratio of correct and failed bet outcome; Both the platform and brokers can always prove the authenticity and accuracy of the results. In the worst case, if an error is made, it will be admitted or justified. Therefore, it is no longer necessary to trust each other to ensure that the conditions are equitable.

-Trade is made with ERC-20 tokens of stable value. It is stored and displayed in the Ethereum blockchain, allowing auditing of the platform's operations in real time, or later. Access to data prevents intermediaries from altering the results;

 -50% of the benefits of the platform made to the commission are divided between owners of BETEX chips. 40% go to brokers.

-Composite rate, used in all calculations, is derived from multiple sources opened by an algorithm built, considering the value of each source that is defined by the volume of born negotiation.

-The use of multiple sources makes the possible entanglements manipulate with the rate of an underlying asset, as they should be performed at several places simultaneously. Working from the composite rate is a completely open and transparent process: it is recorded and presented for real-time public access.

Mission

BETEX's mission is to provide seamless transparency to all financial markets and to eliminate the issue of trust definitively. Primarily, we aim to change binary options method by introducing an honest business reasoning into everyone's value system.

Website link : https://betexlab.com/

Telegram link : https://t.me/betex_ico

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Taylor’s token (symbol TAY) economics defined

 At the close of Taylor's symbolic sale on March 20th, TAY will begin to be distributed to contributors. This article is a guide for its use and value.

In 2017, the world witnessed the rise of the phenomenon of token selling, this new form of fundraising has helped generate billions of dollars in recent time. It has also facilitated the creation of countless projects that have changed lives and otherwise would not have happened. The fundamentals are simple: a project to be funded creates a token for sale to contributors who wish to support it. In addition to the motivation to help a project become a reality, a contributor reviews the token itself before deciding to buy it. Each token has its features depending on the purpose, role, and functions. These three variables are what we will cover about TAY.

 The purpose of creating TAY as a utility token

Utility tokens are services or service units that can be purchased, but tokens can also be used to pay for services rendered. They provide a way to finance shared infrastructure projects that would have been much harder to achieve without symbolic sales. To create such ecosystems, tokens are sold in “crowd-sales” during token launches.

The goal of Taylor's TAY token creation is to develop a form of payment for the Taylor all-in-one platform signage and trading subscription.

 The role of TAY, why buy it?

Holders of TAY will enjoy exclusive benefits, including a discount on the price of the subscription and gain access to premium features. However, when the final version of the Taylor app has been launched, people who own at least 1000 TAY will receive free of charge for the first 3 months of the subscription.

By purchasing TAY, the contributor will participate in the process of setting up a platform that will allow everyone, anywhere in the world, to carry out cryptocurrency trading. For anyone who is already involved in cryptocurrency investing and, or negotiation, this could be a project of great interest. Taylor is taking a bold step towards mass intake of cryptocurrencies, which in turn will increase demand for cryptocurrencies, and as a result, may increase the value of cryptocurrencies across the spectrum of cryptocurrencies. Market.

Premium features

TAY will finance our project and serve as a payment method for our subscription service. It will initially be sold when we sell tokens at its lowest price and, later, in cryptocurrency trading. To motivate the broadcast and protect the value of our token, we offer incentives to users who pay their subscription with TAY.

Taylor Social Media Accounts : 

Facebook : https://www.facebook.com/smarttaylorapp

Twitter : https://twitter.com/smarttaylorapp

Reddit : https://www.reddit.com/r/smarttaylor/

Telegram : https://t.me/smarttaylor

Discord :  https://discord.gg/9c7mAyB

The benefits include:

Discounts on subscriptions?  

Taylor will offer a 25% discount to users who pay with TAY for their monthly subscription. This translates into savings of $ 180 per year.

Priority of notification?

The core of Taylor's service is the ongoing monitoring of the markets in search of potentially profitable trades; Once found, a signal will be sent to inform users of a business opportunity. Subscribers who pay with TAY will receive these signals before anyone else, which will give them an advantage of time and a chance to make profits more efficiently.

Higher negotiation limits?

There will be a negotiation limit that will implemented soon. However, users who pay their subscription with TAY will have a higher negotiation limit, once again facilitate higher returns.

New functions beta?

 We are continually studying and testing new features. We have many projects to improve our services, such as the activation of different investment strategies and integration with other essential stock exchanges. These are just two instances; there is a lot more to come. Subscribers paying with TAY will be the first to have access to these new features.

By combining these incentives, users who pay with TAY may have the potential to generate more profits than users who choose another payment option. The winnings could easily be enough to pay the subscription itself.

Possible future features

We have many projects for the future of TAY. Unfortunately, we cannot share ideas until they become an integral part of an implementation plan. However, we can give an early taste of the possibilities of TAY. For example, the idea is to build a social trading platform in which expert traders (who create and share trading strategies) will be rewarded in TAY for each successful trade. Carried out using their approach. Again, this is an idea; we are careful about making our plans public before testing them thoroughly. As soon as they become a reality, there will be an announcement.

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Cryptocurrencies in 2018 – a Simple Overview

We have prepared an overview of what has happened so far in the world of cryptocurrencies in 2018 – a Simple summary. Whether you took some time off following the news and you’d like to catch up, or you just want to go over this year’s highlights, this article is for you.

According to an old rule, what goes up, must come down. This also happened to cryptocurrencies in January. We experienced significant price drops as well as high volatility in terms of market capitalization. The explanations provided ranged from reactions to regulatory efforts to crowd psychology behaviors. And although this might be difficult to watch when you have bought the assets and you are calculating how much the price change means in e.g. US dollars, this seems to be an innate feature of cryptocurrencies. Higher returns come at a cost of higher volatility. Also, even if the prices go down, seasoned traders know they can also short e.g. a BTC-USD pair and still make a profit.

Cryptocurrencies have been garnering notable attention in recent months from governments, regulatory bodies as well as media outlets. This was also reflected in the World Economic Forum in Davos, Switzerland. Many participants of the event praised the technology behind cryptocurrencies, specifically blockchain. One of them was a Nobel-prize winner Robert Shiller. Other voices focused on the malicious uses, such as money laundering or financing terrorism, and the need to prevent them. This view was shared by Steven Mnuchin, US Secretary of the Treasury and Christine Lagarde, the managing director of the IMF. Also, business representatives participated in the discussion: Lloyd Blankfein, Goldman Sachs CEO took the opportunity to deny the autumn report by Wall Street Journal which claimed that the bank had set up a bitcoin trading desk.

The beginning of February brought us a Senate Committee hearing with J. Christopher Giancarlo, heading the US Commodity Futures Trading Commission and Jay Clayton, his counterpart at Securities and Exchange Commission. The general message was optimistic to the cryptocurrencies community. Although both chairmen expressed the need for further regulations of the sector, they also emphasized the advantages of the technology, with Giancarlo stating that there is a need for a ‘do no harm’ approach when designing policies.

Japanese cryptocurrency exchange Coincheck declared that it had been hacked. The value of the tokens was estimated to exceed $500 million, which is more than the infamous Mt. Gox hack. Fortunately for its customers, and for the cryptocurrencies community, Coincheck declared it would repay the users whose tokens were stolen.

It will be interesting to see what developments the following weeks will bring, especially in terms of cryptocurrency prices as well as regulatory actions on the part of governments.

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Asian Altcoin Trading Roundup: the top crypto is Ethereum Classic

FOMO Moments

Midweek trading is looking good from an Asian perspective as most cryptocurrencies have shown positive price action this morning. Bitcoin is still holding steady, up around 1.5% at $8,840, and this has had a positive influence on a lot of the altcoins. A couple are showing very strong growth today and those are Ethereum Classic and Litecoin

Looking at the Coinmarketcap charts shows that ETC is currently on a flyer, up 24% from this time yesterday. The Ethereum forked coin is trading at $35.6 at the time of writing, up from $28.50 24 hours ago. Over the past week is has shown solid growth of almost 100% from $17.8 on Wednesday last week. ETC is heading back towards its all-time high of $47 on December 21.

Ethereum Classic is the original version of Ethereum which was created after the DAO attack in 2016. As with Bitcoin, the community was split along with the software division but founder Vitalik Buterin went with the new forked version which has now become the standard. With no announcements on their blog or social feeds this month the uptake appears to be a technical, not a fundamentally driven one.

As with the momentum on most altcoins recently it is all happening in South Korea. Almost 40% of the trade is in KRW on Upbit, Bithumb and Coinone. ETC has a total market cap of $3.5 billion with $1.37 billion traded in the past 24 hours, it is ranked at 14th and climbing. Ethereum Classic has been far less volatile that other cryptocurrencies in recent weeks.

The only other altcoin with a double digit movement is Litecoin which is up 14%. LTC has been on a downward slide since its $370 high on December 19, possibly coinciding with founder Charlie Lee selling his entire stash. Renewed momentum will be driven by the upcoming Litecoin Cash fork which is expected early next week.

More on Ethereum Classic can be found here: https://ethereumclassic.github.io/

FOMO Moments is a new section that takes a daily look at the top 25 altcoins during the Asian trading session and analyses the best performing one, looking for trends and fundamentals.

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This Week in Bitcoin: Who Do You Believe?

The bitcoin space is a constant battle of truth versus untruth, rumor versus fact and optimism versus pessimism. With market manipulators up to their usual tricks and salty altcoiners crying FUD, it can be hard to tell what’s real and what’s fake. This week truly had it all: keks, lies, and videotape beamed live from the U.S. Senate. Throw in the obligatory multi-million dollar hack, and you’ve got all the makings of another seismic week in bitcoin.

Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License

The Rumor Mill Goes Into Overdrive

The week started with rumors that China was banning bitcoin – yes, again. Not only that but they would be cracking down on mining too and laying the banhammer in Hong Kong into the bargain. It turns out the story was actual fake news, but that didn’t stop a couple of lesser publications from running with it. It was an elaborate hoax that showed much more sophistication than the average Nigerian phishing email, and was clearly an attempt at shorting the markets for monetary gain. As we reported:

The objective of the bogus email’s senders was to spread rumours and panic, in the hope of manipulating the price of bitcoin, after taking short positions on bitcoin futures and betting that the price of bitcoin will fall, said Leonhard Weese, president of the Hong Kong bitcoin association.

Discrediting fake news is one thing, but what about news that’s yet to occur? Who do you believe when it comes to predicting bitcoin’s future movements? Two very different sources gave their views on where bitcoin’s headed this year, one pessimistic, the other largely optimistic. While a central banker was trotting out the usual apocalyptic proclamations about bitcoin being a Ponzi and a disaster, a group of luminaries were predicting more positive price movements for the year ahead.

Bitcoin Gets The Hero It Deserves

Tuesday saw  the Senate hearing on cryptocurrencies, which was interpreted as mostly positive for bitcoin, despite SEC chairman Jay Clayton opining that every ICO to date has issued tokens that constitute a security, not a utility. The hearing was also noteworthy for the first recorded usage of the word “HODL” in the U.S. Senate, a feat which made an instant hero of CFTC chairman Chris Giancarlo, whose Twitter follower count “did a bitcoin” and grew exponentially in the aftermath of the hearing.

Other major stories that got heads talking this week include Forbes’ Crypto Rich Listwhich is either harmless fun or a gross invasion of privacy depending on your perspective. Weiss Ratings defended its decision to give bitcoin a C+, and there was good news from Korea, where the PM confirmed that crypto exchanges are in no danger of being shut down provided they play by the rules. As always, you’ll catch the best of this week’s stories in the This Week in Bitcoin podcast, embedded below.

Bitcoin Springs a Bear Trap

It looked like bitcoin was back on track after a glorious green candle sent it scurrying above $9k, but the joy was to be short lived. Possibly feeling the effects of the global slump induced by the sliding stock market, bitcoin was dragged back into the low $8k territory, where it’s been floundering every since. Eric Wall sees a clear correlation between the crypto markets and the U.S. stock market. Watching the bitcoin price ticker rise and fall can be heart-stopping stuff; you can’t blame Steve Wozniak for tapping out and selling the bulk of his BTC.

Finally, Ripple came in for scrutiny after Bitmex Research revealed just how centralized the XRP is, and the IOTA mafia were out in force after Andreas Brekken dared to deliver a few home truths in his latest shitcoin review. Still, better to be an irate IOTA holder than a Nano holder with your XRB in Bitgrail. $170 million of cryptocurrency lost due to a withdrawal bug that was mercilessly exploited for months. Next week can we please have no hacks, no phishing attacks, no bulls, and no baseless cries of “FUD”?

What was your favorite story from this week in bitcoin? Let us know in the comments section below.

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Chechnya Leader Kadyrov Buys Bitcoin to Follow Evolution

Striving to keep up with development, the president of Chechnya Ramzan Kadyrov has bought himself some bitcoins. The outspoken strongman of the once restive Russian republic has bragged about the purchase on social media. Whether that means “yes” to cryptocurrency in the Caucasus is ultimately up to Moscow. Nevertheless, the government in Grozny has been somewhat positive towards the concept of decentralization and has already moved to put some public records on a blockchain.

Also read: Kazakhstan, Kyrgyzstan, and Uzbekistan on the Crypto Radar

Holding a Share of Bitcoin

“I’ve made up my mind to buy a share of bitcoin to follow the evolution of the cryptocurrency”, Kadyrov posted on his VKontakte page. In the constantly changing world of technologies one has to improve oneself to be able to grasp innovations, he told followers on the Russian social network. “I have already stated that blockchain will be introduced in the Chechen Republic and I am also interested in innovative payment networks”, Kadyrov added.

The Chechen head of state believes the crypto sector should be clearly regulated by federal law, but not banned. “The most important thing is to protect citizens from financial pyramids and other fraudulent schemes”, the president wrote.

Ramzan Kadyrov did not reveal the amount of rubles he spent on bitcoin. However, he took time to warn his compatriots about the risks associated with cryptocurrency investments. “It is a dubious thing”, he said. “You can lose all your money. There is no insurance there”, he added, noting the high rates of fraud in the crypto world.

Crypto Morals Preached

An extended version of Kadyrov’s warning was shared some time ago on a Telegram channel posting “selected quotes” from the president. “In recent months we have heard a lot about the so called cryptocurrencies and I cannot stand aside and keep my opinion to myself”, he said, cautioning Chechens that “super profit” comes with extraordinary risks.

“Media is presenting cryptocurrencies as the new gold, provoking some kind of a bitcoin fever. People take credit, deprive themselves and their families to invest their last money in digital assets”, Kadyrov noted. The Chechen leader admitted he was worried about the moral side of such investments.

“Someone who puts money into cryptocurrencies expects their value to increase many fold… Their price grows only at the expense of investors’ greed. Those people are trying to draw in new investors and then get rich thanks to their greed,” Kadyrov said about 10 days before his bitcoin purchase. He went on to ask followers to share his warnings with friends and relatives that had been “drawn into such adventures”.

Chechnya Decentralized?

Russian media have reported that the Chechen leadership has raised sights on the blockchain technology. About a week ago, again on Telegram, Ramzan Kadyrov announced his government was “actively working” on implementing it in “Rosreestr”, the Russian property register system. Chechnya, Kadyrov wrote, was doing that in cooperation with Vnesheconombank (VEB), a federal institution focused on financing development projects.

“We are implementing blockchain in the Republic’s register. A working group has been set up together with Vnesheconombank. I [can’t] say when it will happen, but we are working on it”, the Chechen president stated, quoted by Cryptellect.

Kadyrov put forward the blockchain idea during a meeting with VEB’s president Sergey Gorkov last year. At the time he hinted on Instagram about a series of upcoming innovative projects to be realized in Chechnya. The proposal to decentralize the republic’s property register was the first one on the table.

Social Media Star

From football passions to national healthcare issues, horse riding to motorbiking, Chechnya’s head of state has it all shared on social media, keeping his compatriots well informed about what he is up to. He has been rated as the most quoted blogger among heads of Russian regions. Kadyrov has used his pages to call for Lenin’s body burial and declare readiness to resign and devote his life to protecting the Al-Aqsa Mosque. He has issued official statements and even posted about his missing cat. Russian media have enjoyed his pictures and videos, including exclusive material from high life events.

Beside Russian channels, the Chechen leader had also maintained Facebook and Instagram accounts before they were taken down in December. Kadyrov had over 3 million followers to his Russian-language Instagram, and another 750,000 on Facebook. He accused the U.S. government of putting pressure on the social networks to close his accounts. Kadyrov has since moved to an Instagram-like Chechen social network called Mylistory, quickly followed by 30,000 new subscribers. He is also actively using his Twitter account.

U.S. authorities imposed travel bans and financial sanctions on Ramzan Kadyrov over multiple allegations of human rights abuses. His administration has been accused of persecuting gay men in Chechnya. In a HBO interview last year he said there were no such people in his republic. A couple of years ago Kadyrov urged Chechen men to ban their wives from using WhatsApp after outrage over the marriage of an underage girl to a 47-year-old police chief spread on the messaging service.

Do you think Kadyrov’s bitcoin purchase is just a PR stunt, or the Chechen strongman has really changed his mind about cryptos? Tell us in the comments section below.  

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Ethereum Price Technical Analysis – ETH/USD Testing Key Support

Key Highlights

ETH price is in trouble as it moved below the $1060 support and traded towards $1000 support against the US Dollar.

There is a major bearish trend line forming with resistance at $1105 on the hourly chart of ETH/USD (data feed via SimpleFX).

The pair might correct higher in the short term, but upsides could be contained by the $1090-1105 levels.

Ethereum price declined sharply against the US Dollar and Bitcoin. ETH/USD is currently holding the $1000 support, but it remains at a risk of more declines.

Ethereum Price Upside Hurdle

There was no upside break in ETH price above the $1140 level against the US Dollar. The price faced a lot of selling pressure, which pushed it lower below the $1100 level. The decline was such that the price traded below the $1050 and $1040 support levels as well. It traded close to the $1000 level and formed a low at $1011. At the moment, the price is correcting higher and is above the 23.6% Fib retracement level of the last decline from the $1160 high to $1011 low.

There are many resistances on the upside around the $1070 and $1080 levels. An important hurdle is around the 50% Fib retracement level of the last decline from the $1160 high to $1011 low at $1085. Moreover, there is a major bearish trend line forming with resistance at $1105 on the hourly chart of ETH/USD. The trend line resistance is just above the 61.8% Fib retracement level of the last decline from the $1160 high to $1011 low at $1085.

Therefore, there is a cluster of resistances on the upside near $1080-1090. Any major correction from the current levels is likely to face sellers, starting from $1070 up to $1105.

Hourly MACD – The MACD is placed well in the bearish zone.

Hourly RSI – The RSI is currently recovering and is moving higher towards the 50 level.

Major Support Level – $1000

Major Resistance Level – $1105

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UK’s Royal Mint Creates Gold Backed Cryptocurrency

The body responsible for providing the UK with all the physical money they have in circulation, the Royal Mint, have launched their own cryptocurrency. It’s called Royal Mint Gold (RMG) and the idea behind it is to provide a safe, secure, cheap, and convenient way for people to hold gold as an investment.

In an interview with the UK’s Express newspaper, Tom Coghill of the Royal Mint’s RMG sector stated:

“We already sell physical gold through our Royal Mint Bullion business and we sell coins and bars. In this sense what we’re doing here is simply making that a digital business and allowing for our clients to be able to hold gold for the first time on a blockchain basis. The difference between what we’re doing and what other crypto digital assets is that we’re a physical tangible asset. One gram on our blockchain represents one gram physically in our vault. So it’s real gold you’re holding when you’re holding our RMG.”

Essentially, what the Royal Mint are doing is storing gold for people and tracking who owns it using a blockchain. It’s really not all that revolutionary.

Coghill went on to trot out a tired argument that many gold bugs rely on when defending the value proposition of the planet’s most widely regarded precious metal. For him, the fact that people have been using gold to store value for over 6,000 years makes it a better investment than Bitcoin or other cryptocurrencies. However, what seems strange is that RMG provides a way for folk to “own” gold but the Royal Mint remain the custodian of the bullion. Many who want to invest in gold do so because they fear a massive breakdown in society would render money useless and in which case, gold would be a suitable tool for barter in the place of cash. In such a scenario, is the Royal Mint really going to dishing physical metal out in exchange for RMG tokens? It seems doubtful…

The UK isn’t alone in their creation of a gold-backed cryptocurrency. In Australia, the Perth Mint claims to be doing something similar. Richard Hayes, the Chief Executive there told the Express:

“I think as the world moves through times of increasing uncertainty, you’re seeing people look for alternate offerings… And you’re seeing this massive flow of funds into the likes of Bitcoin at the moment because people are looking for something outside of the traditional investments.”

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THINGS TO KNOW ABOUT TOKENSTARS TEAM ICO BLOCKCHAIN

Tokenstars team and ICO is the first and leading celebrity management platform on blockchain company. Tokenstars gives room and brings together rising talents and successful pros in entertainment industry, sports, fans and advertisers. Just of recent, Tokenstars has intended to disrupt the 40-billion-dollar talent management industry and are willing to extend the blockchain concept to tennis. Therefore, offering tokens as part of the funds collection to tokenize tennis stars careers. This project would be achieved by connecting interested investors with tennis players seeking for funds and thus supporting these players at an early age which will provide with them a major return on investment at the end.

AMBASSADORS OF TOKENSTARS            

Tokenstars has many ambassadors among them are some legends such as Lothar Matthäus, Gianluca Zambrotta and Valery Karpin all whom are football legend, and has won many titles, some ATP dignitaries such as Cedriс Pioline, Tommy Haas and Robin Söderling, Nikita Kucherov, Anastasia Myskina, top photographer such as Rico Torres, tennis agent Maya Kurilova and poker pro Alexander Anter who is now utilizing blockchain technology in web applications since then making it a reliable company. Also, Masolova has just invested in the company thereby making it favorable for both legend and new sport star and other entertainers.

FUNCTIONS OF TOKENSTAR.

Tokenstars allows users to support junior sportsmen and also intends to build a decentralized system of scouting and promoting sports talents.

ELECTION MODULE IN TOKENSTARS TEAM ICO

Election is mostly conducted among token holders on significant decisions such as approving new players, renewing the Head of Scouting contract through vote.

Stars might also hold votes which everybody can have faith in. E.g. live Tamagotchi can be implemented when fans vote for actions.

A ‘pop-star’ also holds votes among the fans about the type of wear to be wore to a date, what to request for at the restaurant and this will get him higher engagement and publicity.

OFFICERS OF TOKEN.

There are specialized officers in Tokenstars companies each which focus on his/her duties therefore preventing commotion. These officers are listed orderly below

Pavel Stukolov the company’s CEO, Evgeniy Potapov — CTO, Aler Denisov — Smart-contract Developer, Timur Gavrilov — Head of Product, Irina Shashkina — Marketing Director, Michael Zak — COO, Head of Celebrities ICO, Madina Hooke — Head of Sponsorships, Mikhailius Derkach — Design advisor, Nick Grigoriev — Head of Support, Lena Mintz — Head of PR, and Irina Soshinskaya —the company’s Localization manager to mention in few.

All the above mentioned officers are experienced in their area of duty and all worked together as a team to move the company forward and keep the reputation of the company.

 CONCLUSION

In conclusion, if you are a young or a legend sport star, an entertainer or a socialist seeking to invest in blockchain with the expectation of making big profit, meeting some sport stars/legend, Tokenstar is the best company to invest with because there minimum investment is affordable and relatively low when compared to other blockchain, they are easier to access, and are also reliable.

TOKENSTARS ;

Website : http://tokenstars.com/

White Paper Link : http://tokenstars.com/upload/files/ace_by_tokenstars_whitepaper.pdf

Telegram : https://t.me/TokenStars

My Bitcointalk Profile LİNK : https://bitcointalk.org/index.php?action=profile;u=1157699

This is an original article and has not been touched anywhere.

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Repux Tokens

What is Repux?

RepuX is a protocol-level framework that allows you to exchange and exchange endlessly different data between companies from individual users. By combining some of the more advanced names, decentralized technologies such as IPFS, Sia and Ethereum / EOS, as well as updates are available for a custom high-throughput blockchain. Enables RepuX to create a highly decentralized data and information marketplace.

From the moment of making, the value of direct data transfer between pairs is possible using protocol, repuX enables data exchange for individual users and company data collection, which is not present in the current market. Direct transmission of this fast value through the REPUX token generates value for the data creator

 Repux token is a market tool and the only way to transact.

Our Goal is to create a protocol that makes it easy to generate revenue through efficient transfer between collectors, developers and users who also circulate, making data and reputation evaluated from time to time. Our RepuX protocol provides Data Recipients for data users or application developers looking for RepuX characters. Developers can rely on the RepuX protocol and use data collected by collectors to produce products and services that can then be transmitted to end users in various industries on the RepuX tokens. With the RepuX protocol, we hope to add worth to the data.

What is the purpose of the REPUX ERC20 token

BUY TOKENS NOW

The REPUX Tool Token is the EThereum ERC-20 intelligent agreement that allows users to participate RepuX platforms and develop applications using available data sets through protocols. With the token, data packets and applications can also be purchased and sold on the RepuX market.

The REPUX token itself is a token that can be used to purchase access platform. When the RepuX user saves them in his Ethereum portfolio, he can participate in the ecosystem of his choice; as a platform information provider, developers interested in creating new types of distributed applications, or as end-users in product development, universities, research and development with requirements for reliable and reliable data sets. interest areas or sectors.

Network and protocol participants will be rewarded with REPUX ERC-20 tokens, which can be used to pay access to the platform. The Token can also be removed from the platform and stored in Ethereum's portfolio. With these tokens, companies or organizations relying on a large number of data sets can make them anonymous and accessible to others to earn extra revenue and / or help pay for storage costs. , Datas Developers can sell applications that are made by combining business data sets with companies and individuals who are interested in their specific applications.

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2613666.new

Bitcointalk Bounty : https://bitcointalk.org/index.php?topic=2646302.0

Website: https://repux.io/

Twitter : https://twitter.com/repu_x

Telegram: https://t.me/repuxicoEN

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Weiss rates bitcoin at C+, Ethereum at B 

Mubasher: Weiss Ratings issued the first grading cryptocurrency assessment, which gave digital currencies ratings on a scale from A to F based on risk, reward, technology, and fundamental indices.

The Florida-based firm gave bitcoin a fair or “C+” rating, citing that the currency “is encountering major network bottlenecks, causing delays and high transactions costs.”

Bitcoin, however, got high scores in terms of security and widespread adoption, the agency said late Wednesday.

Ethereum, the second biggest digital currency in terms of market capitalisation, received a good or “B” rating, since “it benefits from more readily upgradable technology and better speed, despite some bottlenecks,” according to Weiss.

None of the 74 virtual currencies got an excellent “A” grade.

By 09:42 am GMT, bitcoin rose 2.74% to $11,342.8, while Ethereum gained 5.27% to $1,059.96.

Meanwhile, ripple, which sold coins for $91.6 million during the fourth quarter of 2017, fell by 1.90% to $1.35, having received a “C” rating from Weiss.

Total market cap for all currencies last reached around $556.2 billion.

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A swarm of derivatives traders will soon have access to pure bitcoin

Bitcoin mania exploded last year, in part because of signs that big-time institutional money was getting ready to join the party. While the process of traditional finance getting on board has happened more slowly than the excitement would suggest, there are signs that puzzle pieces are still being put into place.

For example, more proprietary traders will have access to bitcoin thanks to a partnership between Coinbase, one of the biggest exchanges for trading crypto, and Trading Technologies International, which provides software kit for trading on global derivatives exchanges. Some of its customers are point-and-click traders who have roots in the trading floors that all but disappeared as markets became electronic. While more humble than their counterparts on Wall Street, they nonetheless provide trading volume that helps support important commodities and futures markets.

This follows last year’s launch of bitcoin futures—which, unlike bitcoin, are readily traded by regulated institutional firms. Volumes in those contracts, which give investors a way to speculate on an asset’s future price, haven’t yet soared but appear to be ticking higher.

Beginning in March, traders using Trading Technologies’ rig will have spot bitcoin and futures on the same screens, making it easier for them to bet on crypto and to arbitrage them. That could help bring prices on exchanges into closer alignment and drive up volumes. Trading Technologies says banks and big investment funds also use its trading systems.

Other parts of the infrastructure are falling into place as well. Morgan Stanley is providing services for clients who want to trade bitcoin futures. Goldman Sachs CEO Lloyd Blankfein says his bank is doing the same, although, contrary to some reports, a bitcoin trading desks isn’t planned for now. Data terminal providers for professional traders like Bloomberg, Thomson Reuters, and Money.Net provide an increasing amount of information about crypto prices. Intercontinental Exchange, another global derivatives exchange, is rolling out a data feed for the digital assets like bitcoin, ripple, and litecoin.

Naturally, there are challenges. Coinbase has been inundated by new memberships and increasing volumes, which has sparked trading interruptions and other issues. Bitcoin prices have fallen and drifted sideways since CME Group and Cboe Holdings launched their futures tied to the digital asset, as regulators around the world (particularly in Asia), crack down on how it’s traded.

Even so, the boring yet vital business of laying the groundwork for institutional trading is slowly coming together. The question is whether a durable crypto market will be there for big-time traders after the hype has burned itself out.

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8 Major South Korean Cryptocurrency Exchanges Fined $130,000 For Poor Security Standards

Eight major cryptocurrency exchanges in the South Korean market including Korbit, Coinone, Upbit, Coinplug, RippleForYou, and Coinpia have been fined in the range of $10,000 to $25,000 for having poor security measures.

Fined For Poor Security

With the exception of Bithumb, the largest cryptocurrency exchange in South Korea, which is also the second biggest trading platform in the global cryptocurrency market, the majority of cryptocurrency exchanges in the country have been fined by South Korea Communications Commission (KCSC).

The eight cryptocurrency exchanges that were fined for a total amount of $130,000 are said to be in violation of the Information and Communication Network Act and Privacy Act.

According to Yonhap News, a South Korean mainstream media outlet, KCSC alongside the Ministry of Science, Technology, and Information, and the South Internet Development Agency launched a full investigation into local cryptocurrency exchanges from October 10 to December 28 in 2017.

Out of the 10 cryptocurrency exchanges that were investigated by the five ministries, eight were found to be in violation of the Information and Communication Network Act, and to have implemented poor security measures.

The official statement of the South Korea Communications Commission translated at CCN read:

“While daily trading volumes and the number of users of cryptocurrency exchanges are increasing exponentially, local trading platforms have implemented extremely poor security measures. Basic measures including access control device installation and operation, storage of user passwords, and protection of users were integrated poorly.”

Coinone and Yapian received a combined penalty of over $50,000 for failing to store account passwords and sensitive user information securely. The KCSC emphasized that the two cryptocurrency exchanges did not segregate user accounts that were inactive for more than a year.

Korbit, the third largest exchange in the South Korean market, was fined $20,000 for lacking security breach detection tools and a server intrusion prevention system. Upbit, the most popular cryptocurrency-to-cryptocurrency exchange in South Korea that is operated by Dunamu, a subsidiary of KakaoTalk operator Kakao, was fined $20,000 for being in violation of Privacy Act.

Low Penalties, Optimistic

A KCSC spokesperson told Yonhap stated that the penalties received by local cryptocurrency exchanges are “far too small,” and the KCSC is aware of it. But, given that the exchanges were found in violation of Privacy Act and other policies for the first time since their launch, the agency imposed a smaller fine.

The imposition of fines against cryptocurrency exchanges for poor security measures is optimistic for the South Korean cryptocurrency market in the long run, because it has shown that the government has taken the approach of regulating the market and protecting investors, rather than issuing an outright ban on cryptocurrency trading.

The KCSC provided the eight exchanges a 30-day deadline to implement necessary security measures and systems to prevent the theft of user information, account data, and funds. Lee Hyo-sung, the chairman of KCSC, said in a press conference that the agency will ensure South Korean cryptocurrency exchanges will operate with better security measures to protect investors and traders.

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Australia’s Biggest Gold Refiner Plans Gold-Backed Cryptocurency

Major Australian precious metals refinery, the Perth Mint, is developing its own gold-backed cryptocurrency in a bid to lure consumers back to investing in gold.

With a capacity of processing over 700 tons of gold per year, the Perth Mint is Australia’s biggest gold refiner. A heightened exodus of investors turning to new alternative investments in cryptocurrencies like bitcoin in recent years has spurred the refiner into – ironically – offering its own cryptocurrency wrestle some attention back to precious metals.

The company is in the process of developing a yet-untitled cryptocurrency backed by gold that would also be used for buying and selling crypto-gold on a blockchain, according to ABC News.

Speaking to the publication, chief executive Richard Hayes highlighted a “massive flow of funds into the likes of Bitcoin” as investors veer away from traditional safe haven assets. A gold-backed cryptocurrency traded on a blockchain, he argued, has its own merits.

He stated:

“So it will have all the benefits of something that is on a distributed ledger that settles very, very quickly, that is easy to trade, but is actually backed by precious metals, so there is actually something behind it, something backing it.”

Further, the executive also stressed that the company was interested in implementing blockchain technology into its own operators. A possible application could see the entire supply chain of a gold bullion traced from the mining site through to its sale to a consumer – traced and logged in an immutable, transparent blockchain.

The refiner’s foray into cryptocurrency and blockchain technology comes over a year after the UK Treasury announced its own ‘digitized gold offering’ where consumers will be able to buy, hold and sell gold instantly over a blockchain through a digital token dubbed Royal Mint Gold (RMG). The blockchain trading platform was co-developed by bitcoin startup BitGo, facilitating trades of $1 billion in gold bars reserved at the Royal Mint’s vaults near Cardiff, Wales.

Ultimately, Perth Mint sees the offering as yet another platform for selling gold. “We certainly try to make it easier and easier, within reason, for people to access precious metals,” Hayes added. “This would just be another way for them to do it.”

The executive expects the gold backed cryptocurrency tokens to be offered at some point in the next 12 to 18 months.

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Six Major South Korean Banks to Support Cryptocurrency Exchanges, Price Surge Imminent? 

Six major South Korean banks including Shinhan Bank, the second largest bank in the country, will officially begin providing local cryptocurrency exchanges with virtual bank accounts.

Virtual Accounts Restarted, Traders Relieved

On South Korean cryptocurrency exchanges, each trader or investor is provided with a virtual bank account which can be used to deposit or withdraw large amounts of fiat money, or Korean won. Virtual bank accounts allow traders to execute fiat-to-cryptocurrency trades efficiently, without having to withdraw or deposit using actual bank accounts that can be costly and time-consuming.

Earlier this month, South Korean cryptocurrency exchanges were requested by local financial authorities to overhaul their current Know Your Customer (KYC) and Anti-Money Laundering (AML) systems. Two of the many requirements the government demanded local exchanges to comply with were the prohibition of foreigners from trading cryptocurrencies and the elimination of anonymous cryptocurrency trading accounts.

As a part of the AML system change, banks were asked to shut down virtual banking accounts provided to cryptocurrency exchanges. Kookmin Bank, the largest bank in South Korea, refused to provide services to cryptocurrency trading platforms, leading local investors to fear for a potential cryptocurrency trading ban, which was later refuted by the South Korean government.

Recently, Bithumb and Korbit, two of the biggest cryptocurrency exchanges in the market, announced major changes to their AML systems. By the end of January, the Korbit team stated that foreigners will no longer be able to deposit Korean won to any South Korean exchanges — disabling fiat deposits and withdrawals for foreigners.

The Korbit team also noted that traders with Shinhan Bank accounts will only be able to trade cryptocurrencies starting February. While the newly implemented AML system can be inconvenient for existing users, it is an optimistic movement for the market, since the government will no longer be able to threaten the market with a cryptocurrency trading ban. The Korbit team stated:

“As previously announced, in order to comply with the identification and anti-money laundering regulations being enforced by the government, the current KRW deposit method will be terminated by the end of January 2018.

To use the new KRW deposit method, which is slated to be implemented within this month, you must have a Shinhan Bank account registered under your legal name. Please use this time to create a banking account at Shinhan Bank. We will follow up with further instructions on how to input the new KRW withdrawal account information on Korbit.”

Hence, even though Kookmin Bank has disabled its virtual trading accounts for cryptocurrency exchanges, Shinhan Bank, IBK Bank, NongHyup bank, KDB Industrial Bank, and Woori Bank will start providing services to cryptocurrency exchanges beginning on February 1.

Banning Cryptocurrency Trading Unrealistic

Instead of outright banning the local market, the South Korean government has decided to take a practical approach by regulating and fostering the cryptocurrency exchange market. As Financial Services Commission (FSC) chairman Kim Sang-jo previously stated, banning the cryptocurrency exchange market is unrealistic.

“[Banning cryptocurrency exchanges] is not realistically possible. Based on the electronic commerce law, the government doesn’t even have the authority to close down cryptocurrency trading platforms.

From the viewpoint of an economist, it is not a fair and transparent decision to outright ban economic activity. Whether it is excessive speculation or not, the gain or the loss is the responsibility of the investor.”

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Lack of Security Costs Initial Coin Offerings $400 Million in 2017

Initial coin offerings have grown in popularity throughout 2017. Hundreds of projects have come to market during that year alone. Additionally, we see dozens of new projects pop up every single month. Unfortunately, this also attracts the attention of criminals from around the world. Nearly 10% of all ICO funds raised during 2015 and 2017 has been stolen. This is a very worrisome trend, yet it seems there is no sign of any improvements.

No one will deny initial coin offerings are a very popular trend right now. This business model allows companies and teams to raise millions of dollars. There’s no need to deal with accredited investors, as anyone who owns cryptocurrency can partake. Given the value appreciation of such currencies, it’s only normals criminals would show an interest in this business model as well. The statistics projected by Ernst and Young don’t paint a happy picture whatsoever.

Criminals Target Initial Coin Offerings

More specifically, they project close to 10% of ICO funds have been stolen so far. We are talking about nearly $400m worth of funds in this case. These funds have either been stolen or lost due to hacks. For a $3.7 billion industry, 10% if an unacceptable number.  There is usually no recourse when a hack occurs either. More specifically, if funds are stolen, they are hardly ever returned to the original owners. Most initial coin offerings focus on attracting investors rather than taking security precautions to keep the funds safe.

It is evident the initial coin offering business model has its benefits. It is an easier way to sell services or raise money. Companies can also issue their own native tokens. As a way to tie customers to one’s brand, that can prove to be invaluable in the long run. The SEC has kept close tabs on these developments, though. More specifically, they are concerned about the issuance of unregulated securities. A few of these initial coin offerings have faced additional scrutiny because of their tokens.

It will be interesting to see what the future holds for initial coin offerings. If projects keep losing a lot of funds due to lackluster security precautions, this situation will keep getting worse. Criminals will continue to attack this industry in every possible way.  Projects need to focus on security first and foremost. There’s no point in raising money if you will lose 10% of it or more in the near future. Always do your own research before committing money to an unknown project.

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Indian Banks Suspending Accounts of Multiple Bitcoin Exchanges

Global regulators continue to take a heavy hand in the policing of Bitcoin exchanges, with India being the latest country to see noteworthy suspensions of accounts. The development could have major ramifications in India, which is responsible for upwards of 10 percent of Bitcoin transactions globally.

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A number of top lenders in India have moved to suspend accounts on several major Bitcoin exchanges domestically. The edict came on the heels of suspected abuse and suspicion surrounding questionable transactions. This would not be the first occurrence of regulators and state authorities taking a cautious approach, as Bitcoin exchanges have proven to be quite vulnerable to abuse.

The move follows on the heels of last year’s shut down of Bitcoin exchanges in China. The crackdown helped sink the price of Bitcoin temporarily spooking investors in the largest market for cryptos globally. Since then, China has taken even more aggressive steps, targeting funding of these entities while giving banks until this past weekend to separate themselves from Bitcoin mining and exchange operations.

In India, leading lenders such as State Bank of India, Axis BankBSE, HDFC BankBSE, ICICI Bank, and Yes Bank have collectively suspended select accounts across multiple Bitcoin exchanges. In a possible sign of things to come, banks have also requested additional collateral, while also capping cash withdrawals from the few accounts that are still operational, per a report on India’s Economic Times.