Crypto 360°

Arbitrage Mutual Funds See Tremendous Outflows In June The arbitrage mutual funds category has witnessed a net outflow of 1,423 crore Rupees in June 2018, based on the data available from the Association of Mutual Funds in India. In fact, this is the largest outflow in this category during this fiscal year. The total redemption in the arbitrage category of mutual funds was 5,357 crore Rupees in June 2018, while it was 3,768 crore Rupees and 3,778 crore Rupees in May 2018 and April 2018, respectively. In the past few months, the MF category has seen drop in money, however the net inflows have been satisfactory. The net inflow was 1,238 crore Rupees in April, and it decreased 720 crore Rupees in May. According to Lakshmi Iyer, Chief Investment Officer (Debt) and Head Products, Kotak Mutual Fund, there have been no enthusiastic inflows in arbitrage mutual funds category at least in the past three months. Few quarter-end redemptions must have been added to the arbitrage funds category, said Iyer. In June, the net outflows have been about 1,423 crore Rupees from the arbitrage category. There have been outflows from this category since January 2018, said Iyer. Experts in the field feel that one of the causes for the outflows is the arbitrage categories’ taxation change. In the Budget 2018, the financial minister had declared the introduction of 10 percent tax on dividends in equity schemes as well as on long-term capital gains. Previously, the arbitrage category had an advantage over the debt schemes as they were taxed similar to that of the equity schemes. Hence, long-term capital gains tax was nil. The Chief Investment Officer (Debt) and Head Products, Kotak Mutual Fund, also said that there was no tax earlier, and the arbitrage category is affected in some way by the 10 percent taxation. According to Vidya Bala, Head of Mutual Fund Research, FundsIndia, the outflows in the category may continue in future if the interest rates continue to go up. However, Iyer feels that there is no reason to avoid investing in arbitrage mutual funds, reported The Economic Times. The post Arbitrage Mutual Funds See Tremendous Outflows In June appeared first on OWLT Market.

TA Associates Buys Stake In Mutual Fund Distributor Prudent Corporate Advisory Services TA Associates Advisory Private Limited has bought a significant minority stake in Ahmedabad-based independent mutual funds distributor Prudent Corporate Advisory Services Ltd, the US-based private equity investor said in a statement. Sanjay Shah, Prudent Founder and Managing Director, said that the Ahmedabad-based distributor will utilize the investment made by TA Associates to scale their business and extend their presence in various other states and in unused markets. “TA’s investment is a critical milestone for Prudent as we embark on our next phase of growth and seek to deepen our presence across multiple states and untapped markets,” said Shah, reported News Corp VCCiRCLE. However, the financial details of the deal between Prudent and TA Associates have not been disclosed in Shah’s statement. Dhiraj Poddar, India Head at TA Associates, will soon join the Prudent’s board of directors, according to the source. According to Poddar, Indian asset management segment will see a substantial long-term growth owing to increasing investor awareness and mutual fund penetration. He said that a considerable amount of time and resources must be spent in “tracking the Indian asset management, distribution and allied services space,” due to this trend. He also said that Prudent Corporate believes that it is well-placed to capitalise on this huge and growing marketplace and can offer prominent profits to India’s developing wealth management sector. Boston-based TA Associates concentrates on offering late-stage growth capital to firms in financial services, technology, consumer and business services, and healthcare sectors. The company may have invested about 650-700 million dollars across 12 companies in India, over a 12-year period, according to News Corp VCCircle. TA Associates’ speed of investments has lifted up over the previous three years. Prudent provides personal and corporate investment planning services through distribution of mutual funds in a deal worth 40 million $, and other wealth products in India. The Ahmedabad-based distributor company with 70 branches across 19 states, operates through its network including about 10,000 financial advisers. The company holds an AUM (assets under management) of over 18,000 crore Rupees. Prudent Corporate also distributes other wealth products, such as, bonds, broking and insurance services, reported The Economic Times. The post TA Associates Buys Stake In Mutual Fund Distributor Prudent Corporate Advisory Services appeared first on OWLT Market.

Will core eventually do a "last minute" block increase?

Does a transfer of a GROUP token require permission from the issuer?

Physical Assault Crimes Against Cryptocurrency Owners Accelerates According to crypto enthusiast Jameson Lopp, the frequency of physical assault crimes against cryptocurrency owners is increasing rapidly. He has cataloged 23 known attacks in a dedicated GitHub directory. The events started from serious attack to theft of ATM machines, and even kidnappings and armed home invasions. Lopp later shared his opinions on Twitter, denoting that 10 of those crimes occurred in the past six months. This sparked a hot discussion on the platform with various users sharing their personal experiences on the attacks. The catalog includes incidents from numerous countries such as the United Arab Emirates, Taiwan, Ukraine and even Iceland. The earliest record on the list is from Dec 2014, whereas the foremost recent dates from Gregorian calendar month half dozen, 2018. All cataloged incidents embody sources. These exchanges are fully supporting the EOS ecosystem progressively. The firm was also on the frontline of opening the EOS withdrawal and deposit much before other exchanges began. Academic researchers operate at the crossroads such as applied science, economics, and forensics a new field. Bitcoin has no Federal Reserve, no gold backing, no banks, and no physical notes. Created during a 2008 tutorial paper by an unknown person victimized the name called Satoshi Nakamoto, Bitcoin stated as an intellectual whole. The job of keeping the system running and preventing from cheating is left to a volunteer workforce referred to as Bitcoin miners. They crunch the numbers required to verify each group action. Side to the present is an ever-growing science task referred to as proof of labor which keeps the miners’ honest. Therefore, the calculations square measure intense miners which use specialized computers that run hot enough to stay in homes, or maybe workplace buildings heat through the winter. According to the news published in Crypto Vest, the exchange is still hoping to continue having a continuous and cordial working relationship with the EOS project. The post Physical Assault Crimes Against Cryptocurrency Owners Accelerates appeared first on OWLT Market.

Why Malta Could Soon Become the Global Blockchain Hub OKex started commencing a Malta-based office, intends to utilize as a base for prospect expansion came as no shocker to any. Malta has become the destination for global crypto and blockchain colossal and OKex is just the newest one. The crypto exchange giant with an everyday transactional quantity of over $1 billion said in its declaration that Malta’s progressive environment and gratitude of the significance of constant expansion in the blockchain network was among the chief factors that fascinated it to the island state. Malta Means Business Malta’s blockchain population is increasing as time goes, thanks to its favorable set of laws that greet major global players to establish businesses there. Led by its innovative Prime Minister Joseph Muscat, Malta has made its point clear to depict the major names in the blockchain and cryptocurrency industry. The first stride the Maltese government took is the formulation of a correct and evident outlined regulatory structure that aims to bring constancy into the often wild crypto industry. While this task is not yet absolute, the government has taken some critical first steps that have given many firms faith in the nation. The MDIA bill is yet one more bill that the Maltese government opened up to public participation. The bill aims to set up the Malta Digital Innovation Authority (MDIA), a regulatory body whose position will be to supervise the crypto industry in the nation. It will be in charge of establishing new laws and offering licenses undertaking research in the field and more. The Maltese government in talks with some of the main players in the blockchain business reported Coin Telegraph. In a speech welcoming Binance to Malta, Muscat said that the Maltese regulatory structure for the cryptocurrency business will be the top in the world. The post Why Malta Could Soon Become the Global Blockchain Hub appeared first on OWLT Market.

Football Star Ronaldinho Launches Cryptocurrency Project To Establish 300 Digital VR Stadiums Globally Brazillian football star Ronaldo de Assis Moreira, known as Ronaldinho, starting up a new cryptocurrency project aimed at promoting sports, particularly developing digital VR stadiums. Under this project titled Ronaldinho Soccer Coin, the football star will also establish a football academy, host football league matches across the world and operates a betting platform and marketplace. The digital VR stadiums to be developed in three hundred locations around the world that can analyze players’ skills and performance. The stadiums are going to be developed over consecutive 3 years in three hundred locations of the continent, S.E. Asia, and also the geographic area. The roadmap states that 2 stadiums are going to be completed this Gregorian calendar month in Asia, with the operations to start before the top of the year. Associate degree alliance has additionally been shaped with 5 existing stadiums in South East Asia. The project continues with the additional development of the VR and virtual services technologies that may enhance the eSports side of the project, and also the Ronaldinho Academy is going to be launched in March 2019. Stadiums within the Philippines and Vietnam associate degreed Asian nation are going to be operational in 2019 and an eSports tournament is going to be a command in port in a Gregorian calendar month by 2019. All services in terms of gambling and enrolling within the academy, or taking part within the VR structure eSports, are going to be secured by modern technology. The project is titled Ronaldinho association football Coin, erst World association football game Coin before inking the partnership with the football star. The superstar had posted on twitter post about the project, which is now set to arrive the initial coin offering (ICO) phase, to his 18.1 million followers across the world. According to the news published on CCN, NBA star Stephen Curry also entered the crypto space by launching his own line of CryptoKitties in 2017, re-igniting the stimulating discussion around the use and development of non-fungible digital assets. Though, the CurryKitties project has since been suspended. The post Football Star Ronaldinho Launches Cryptocurrency Project To Establish 300 Digital VR Stadiums Globally appeared first on OWLT Market.

Managing world value with Bitcoin and Bitcoin cash

South Korea Blockchain Association Approves 12 Crypto Exchanges The biggest self-regulatory cryptocurrency body is under the scrutiny of Korean industry for its investigation principles confirming twelve out of twelve digital trades screened in a recent self-administrative drive. At the start, the local monetary authorities will begin with a liability of an original legislation that will classify cryptocurrency exchanges as controlled financial institutions and brokerages. The Korea Blockchain Association (KBA) has planned to start with the self-inspections into cryptocurrency industry determined to protect the digital exchanges operating in South Korea, had protections to check themselves from possible issues such as cyber-attacks and malicious activities. There were announcements that the Korean money Services Commission (FSC) gave the general public concerning new introduced crypto restrictive frameworks. South Korea had formally recognized the cryptocurrency exchanges because the legal entities that mean from currently on the country’s digital traders have to be compelled to fit an exacting Know-Your-Customer and Anti-Money washing rules as client verification policies. Up to a degree, the FSC has declared it’s progressing to have a strict approach towards commercialism rules and user watching. The FSC specifically wished hiding and cyber-crime hindrance to be the foremost problems that the exchanges ought to be specializing in. Hence, the forthcoming FSC rules aimed to produce frameworks that pertain to AML and KYC needs for the exchanges to follow. Korea Blockchain Association Korea Blockchain Association is an industry body that has nearly 2 dozen cryptocurrency companies, it has recently decided an in-house inspection of 12 domestic digital currency trades that began in May. According to the CCN news, the 12 crypto exchanges had tough self-imposed tests to pass. Though there was news of safety flaws found in some of the dozen approved exchanges. The KBA is taking care tight-lipped on the particulars, so they terminate against the Korean crypto exchanges by cyber-hackers. The post South Korea Blockchain Association Approves 12 Crypto Exchanges appeared first on OWLT Market.

OTCBTC Fully Supporting the EOS project token listing Over-the-counter (OTCBTC) is one of the most substantial digital currency exchange platforms. OTCBTC is usually the first point of contact for the novices in the cryptocurrency sector. It is an excellent platform for trading in cryptocurrencies and it ensures that it remains a reliable and secure platform for its users. This platform has significantly improved the liquidity of the blockchain assets, apart from having a unique crypto trading means. OTCBTC is leaving no stone unturned to support the EOS project token listing so that it can effectively contribute towards its ecological development. Out of the around 370k users that the exchange has, around 170k of these users are active users with real names. The exchange website has around 2.5 million page views per day, which is apparently the highest compared to other exchanges. It is also the most active website in the cryptocurrency industry. OTCBTC is one of the first few exchanges that opened EOSDAC/EOS pair. The exchange is fully supporting the EOS ecosystem progressively. The firm was also on the frontline of opening the EOS withdrawal and deposit much before other exchanges began. The exchange launched an EOS product, OTF, on the 9th of May this year. Investors are now able to purchase ETF, which contains EOS, with just one click. According to the Bitcoin Exchange Guide, OTCBTC became one of the first few exchange platforms to support EOS by accomplishing the EOS main net token swap completion on June 22, 2018. OTCBTC was also able to successfully complete the entire EOSDAC main net token swap on 29th June this year.  The exchange then resumed the withdrawal and deposit services. This action garnered good ratings from the EOSDAC community. The EOS project token listing express channel was introduced by OTCBTC. The objective was to help those projects increase the liquidity of their tokens and eventually increasing user activation. The exchange hopes to continue having a continuous and cordial working relationship with the EOS project in order to create a richer EOS ecosystem. The post OTCBTC Fully Supporting the EOS project token listing appeared first on OWLT Market.

Sundaram Finance’s Mutual Fund, Insurance Subsidiaries Shows Impressive Performance In Fiscal Year 2018 Sundaram Finance’s subsidiaries in the businesses of general insurance and mutual fund shows tremendous performance in the FY2018, even though the company’s home finance business was put under pressure. The company’s mutual fund house, Sundaram Asset Management Company, announced a PAT (profit after tax) of 38.24 crore Rupees, in comparison with 30.73 crore Rupees in the FY2017. The average AUM (assets under management) amount of the fund house was 34,306 crore Rupees in 2017-2018, and 28,260 crore Rupees in 2016-2017. The company suggested a dividend of 40 percent with 4 Rupees per share, based on the recent annual report of Sundaram Finance, the leading non-banking finance company (NBFC). Sundaram Finance’s Mutual Fund schemes deployed a sum of 22,915 crore Rupees, excluding liquid schemes, in the Fiscal Year 2018. This value shows an increase of 42 percent when compared to a sum of 16,115 crore Rupees in the Fiscal Year 2017. Sundaram Mutual Fund introduced 16 close-ended schemes, most of which had fabulous performance during 2017-18. The close-ended schemes deployed about 1,374 crore Rupees during the year. The leading NBFC had a business of 34,164 crore Rupees and market share of 1.49 percent, for the year ended March 31, 2018. The company’s non-life insurance house, Royal Sundaram General Insurance, posted a PAT of 83 crore Rupees in FY18, which is almost double the value of 43 crore Rupees in FY17. The Royal Sundaram General Insurance’s GWP (Gross Written Premium) improved about 20 percent at 2,643 crore Rupees from 2,205 crore Rupees. Sundaram BNP Paribas Home Finance, the Sundaram Finance’s housing finance subsidiary, posted a PAT of 136 crore Rupees in FY 2018, and 154 crore Rupees in FY17. Gross income of the Sundaram BNP Paribas Home Finance was 898.08 crore Rupees in FY18, which is less in comparison to 922.85 crore Rupees in the previous fiscal year. The Fiscal Year 2018 turned to be a strong year for Sundaram Finance’s Mutual Fund and General Insurance businesses, and the company expects impressive performance in FY19, reported The HINDU Business Line. The post Sundaram Finance’s Mutual Fund, Insurance Subsidiaries Shows Impressive Performance In Fiscal Year 2018 appeared first on OWLT Market.

How Blockchain Is Changing The Real Estate Industry Given the blockchain’s interference of financial services, it’s tricky to find a category that has not been prejudiced by the technology. Cryptocurrencies have made a sturdy contact on expenses, transfer of funds, and foreign exchange. Initial coin offerings (ICOs) have confronted stock investing, startup funding, and venture capital Real estate hasn’t missed blockchain commotion either. Beforehand, transacting elevated value assets such as real estate completely through digital channels, which have never been the standard. Real estate transactions are often performed offline with different entities. Blockchain, though, opened up ways to modify this. The blockchain platforms now permit assets like property to be tokenized and be dealing with cryptocurrencies like bitcoin and ether. Real estate know-how has mostly been allied with listing and connecting buyers and sellers. Nevertheless, the blockchain initiates new ways to operate real estate and can empower trading platforms and online marketplaces to aid real estate transactions more widely. Change Is The Way The brokers, attorneys, and banks have long been the division of the real estate network. However, blockchain may soon guide in a swing in their roles and contribution in real estate transactions. New platforms can ultimately presuppose tasks such as listings, payments, and legal certification. Cutting out the mediators will result in buyers and sellers getting more out of their cash as they accumulate on commissions and fees indicted by these intermediaries. Real estate has long been well thought-out an solid asset since it takes time for sales to end. This isn’t the case with bitcoins and tokens since they can eagerly be traded for fiat currencies through exchanges, reported Washington Post. Nonetheless, as tokens, real estate can be readily traded. A merchant doesn’t have to hang around for a buyer who can pay for the whole property in order to get some worth out of their assets. The post How Blockchain Is Changing The Real Estate Industry appeared first on OWLT Market.

Crypto Exchange Coinbase Considers Adding A Wider Variety Of Coins U.S. based crypto exchange Coinbase is considering to offer its customers a wider variety of virtual tokens. At the moment, the exchange allows users to sell and buy four different digital coins. The exchange is planning to list Basic Attention Token, Stellar, Cardano, Ox, and Zcash to its kitty. However, there is no confirmation at the moment, that all of these mentioned tokens will be added, the firm mentioned in a blog post this Friday. Coinbase presently allows its customers to trade in Bitcoin Cash, Ether, Bitcoin, and Litecoin. The exchange added that it plans to work closely with local regulators and banks to add the new assets in as many jurisdictions as possible. The firm said that its clients have been urging the exchange to add more assets, but it held off owing to concerns that the regulators may deem more digital tokens to be securities. Coinbase is presently not licensed with the U.S. Securities and Exchange Commission. The announcement made by the exchange does not indicate that the firm has determined these five coins as securities. The exchange said that some of these assets may only be available in selected countries owing to legal reasons. Previously, such announcements have caused stirs in the market. So Coinbase clarified that they are making this announcement internally as well as to the public at the same time to maintain transparency with its customers. The exchange said that in December, Bitcoin Cash price surged hours before it made the announcement that it would list the asset. As reported in Bloomberg, the exchange, however, mentioned that it isn’t committing a timeline as of now. Some of the assets may only be available for selling and buying and not receiving or sending. The exchange said that it may also opt to list selected coins in other countries before the U.S. The post Crypto Exchange Coinbase Considers Adding A Wider Variety Of Coins appeared first on OWLT Market.

nChain Blockchain Researchers Awarded 3 Digital Rights Patents One of the best in study and progress of blockchain technologies around the globe is nChain, proclaimed that it has acknowledged an additional three patents by the European Patent Office. This nChain declares that the patents will strengthen the digital rights management. These 3 patents, subjected on July 11, 2018, are all techniques to implement digital privileges through the usage of blockchain technology. These newest patent grants pursue nChain’s prior EPO grants on April 11, 2018, and June 20, 2018. As Bitcoin Cash (BCH) blockchain provides the skill to level the profitable scenery through the exclusion of redundant mediators within a transaction, digital privileges administration is one such area where prospects subsist to unite content producers unswervingly to consumers while ensuring that they are pleased for their ingenuity. nChain’s three newly-given patents comprise discoveries that can ease this occasion through the usage of blockchain technology. The Three nChain Patents are as follows: the first being European Patent number EP3295349 is entitled a technique and scheme for recognizing the veracity of a digital asset using a dispersed hash table and a peer-to-peer distributed ledger. Second, to adjoin another set of cryptographic process that allows the current rights of the digital asset to be validated. Third, allows the computer software to make sure the rights of the user to perform such software previous to launch that software. According to nChain Group CEO, Jimmy Nguyen, these third, fourth and fifth patent rights by the European Patent Office show the worth in nChain’s program for blockchain modernization reported Bitcoin News. The Future nChain will carry on working to make blockchain technology more functional with main enterprises around the world. As before announced, nChain will also work together with more enterprise associates to incorporate blockchain solutions, and at present increasing its side to bear such projects. The post nChain Blockchain Researchers Awarded 3 Digital Rights Patents appeared first on OWLT Market.

Suggestion for the Bitcoin.com wallet team: For Bitcoin Cash, use green not orange.

Reminder that we track all active Bitcoin Cash protocol development over at Coin Dance

My newest: A way to perform P2P atomic swaps without an obvious on-chain fingerprint.

CoinEx token success and how it affects BCH

Apparently, /r/Bitcoin Mods really were asleep: an update to a previous thread

The future of bitcoin is everyday people...

BCH will decouple from BTC price in this bear market.

Anyone using CashShuffle?