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This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Tata Mutual Fund’s new NFO has opened from July 20, 2018, and it will be available till July 25, 2018. Tata Fixed Maturity Plan Series 55 Scheme E comes under the close ended debt scheme.
The investment objective of the new Fixed Maturity Plan is to produce income and/ or capital appreciation by investing in Fixed Income securities with maturity in line with the maturity of the plan.
The maturity period of the Tata Fixed Maturity Plan Series 55 Scheme E will be 1099 days from the date of allocation. The maturity of all investments under the scheme will be equal to or less than the maturity of the plan.
The minimum application amount of the new Tata Mutual Fund offer is 5,000 Rupees, and then in multiples of one Rupee thereafter.
Tata Fixed Maturity Plan Series 55 Scheme E offers Regular Plan as well as Direct Plan with two option choices. The two options are Dividend Payout Option and Growth Option.
The scheme performance will fall under the Benchmark – Crisil Medium Term Debt Index. The scheme does not assure or guarantee that the investment aim will be achieved, and also does not guarantee or assure any returns.
Mr. Akhil Mittal has been appointed as the fund managers of the Tata Fixed Maturity Plan Series 55 Scheme E.
Mr. Mittal joined as a Senior Fund Manager at Tata Asset Management Limited in June 2014. He looks after the fixed income investment schemes at the AMC, reported Bloomberg.
Before joining the Tata MF, he worked as a Fund Manager at Canara Robeco Asset Management Company Ltd. Prior to that he worked with Principal PNB Asset Management Company Private Limited. and Edelweiss Securities Limited. He started his career in the treasury department at Rallis India Limited.
According to Advisorkhoj, the new Tata Mutual Fund product is perfectly suitable for investors who are expecting fixed income or capital appreciation on maturity by investing in Debt securities and Money market instruments.
The post Tata Mutual Fund’s New Fixed Maturity Plan NFO Opened On July 20, 2018 appeared first on OWLT Market.
Koreas Largest EOS Community has recently launched a brand new blockchain based platform for developers. The platform named as eosBLACK will provide a perfect solution for the developers with many integrated bitcoin services.
The main goal of the platform is to build a more transparent and rewarding platform which can decentralize the application. With the help of DApp, developers can make sure that they get a much more productive way to work. The company wants this decentralized funding platform to become a preferred alternative for the ICO considering the cost hurdles and regulations. The company believes that they need to overcome many hurdles like high development cost, lack of overall awareness towards bitcoin, and all the regulatory problems.
With the help of this system, all the coin holders will have the option to vote for a representative who will then evaluate the projects DApp. These projects will also be selected by the holders and they can make invest only in those products. The profits which these projects will earn will be then shared among all the members.
One thing which makes esoBLACK a unique proposition is that unlike any other EOS system there would be no fee on esoBLACK. Developers can use this system for free of cost and ensure that they get the most out of it. Without the launch of any ICO developers can reduce the initial development cost which is needed for getting the technology or the manpower. This would be directly provided from the Crypto Factory. Crypto Factory is a collaboration platform which would be operated by all the participant’s developers.
The company is very confident about their offering and have already said that it would be attracting users with airdrop bitcoin rewards. According to reports published in the Investor, there would be combined 900 million coins which will be distributed among EOS holders that too free of cost. They had also planned an Airdrop even on July 20th.
The post Korea’s Giant EosBlack Launches ICO Alternative appeared first on OWLT Market.
EOS — the fifth-largest cryptocurrency — once again ruled in the third round of public blockchain rankings released by the Chinese government.
The rankings, published by the state-backed China Electronic Information Industry Development (CCID) and released this week, evaluated public blockchain networks as per three measurements, generally deciphered as technology, pertinence, and innovation, which were then accumulated into an overall index score.
In spite of the fact that scoring below its peers on pertinence, EOS drove the rankings with an index score of 145.6 because of solid showings in both the technology and innovation.
EOS’ consensus algorithm inspires the evaluators plainly. It uses a Delegated Proof-of-Stake (DPoS) model to prioritize scaling and speed to the detriment of some level of decentralization. The rankings supported projects that use DPoS or federated consensus models, which offer snappier and less expensive transactions however prompt more reactions identified with centralization.
Ethereum is an exception to that rule, which as of now utilizes a Proof-of-Work (PoW) consensus algorithm but has published a guide detailing a future change to the more energy-efficient Proof-of-Stake (PoS).
This bodes well, as at least one Chinese government official has contended openly that blockchains should be centralized, however, in reasonableness, none of these open cryptocurrency networks are as centralized as what that authority accepts is ideal.
As reported by CCN, EOS also topped the rundown in the last edition of the CCID rankings, in spite of the fact that — days earlier — its network had slowed down for few hours after experiencing a critical bug. This bug was settled relatively rapidly, however, a few different incidents have brought up issues about the cryptocurrency’s on-chain governance model and particularly its constitution.
Eminently, the gap amongst EOS and second-place Ethereum limited in the recently published rankings as EOS’s score tumbled from 161.5 to 145.6 and Ethereum’s held relatively enduring, checking in at 137.3 for the month of July.
The post EOS Once Again Reigned Supreme In China’s Blockchain Rankings appeared first on OWLT Market.
Cloudbric an award-winning cloud-based security provider is going to come up with their own ICO. The brand new ICO will be based on bitcoin dominance and will be effective in the development of an AI-powered and universal decentralized web security platform.
At present, the company is offering DDoS, SSL solutions, which would protect websites from SQL issues, identify theft, DDoS attacks, and website defacement. Cloudbrick has already confirmed its current plan under which, it is looking to reverse the ICO initiative. With the working product already in range, Cloudbric is not planning to build on its current web security offering with the addition of a decentralized security platform which would be operated by users.
Cloudbric is also planning to establish the bitcoin dominance web security offering with the help of an additional decentralized and the user enabled security platform. This new platform will be a patented platform from Cloudbric and would be adapting the learning module, called as Vision and will also provide a fully inclusive suite for cybersecurity solutions along with a newly decentralized security platform.
The ICO which Cloudbric is launching something very unique and not like anything which we have seen before. Cloudbric is a company which has working experience of more than 30 years and the team itself is very high on experience. It has firsthand experience in ICO market and is one of the biggest vendors of cybersecurity in the market. It is one of the most trusted cybersecurity providers in Singapore. If rankings are to be seen then they are considered as a top solution in the APAC region and ranked 5th in Security Analyst category by Gartner and Forst & Sullivan.
Cloubdric Security Rewards program will be a big aspect of the Cloudbric security ecosystem. Based on the reports published in CryptoNinjas, there would be rewards offered in the program which will help users in participating in the active growth of Cloudbric learning with them of detention capabilities. Riding on bitcoin dominance this is a very accurate and advanced security factor for all the users under Cloudbric.
The post Cloudbric ICO: Universal AI Powered Decentralized Web Security Platform appeared first on OWLT Market.
SBI Mutual Fund has launched a new scheme under its debt fund category – SBI Debt Fund Series C 21. The NFO period of the Close-ended Debt Scheme is from July 20, 2018 to July 24, 2018.
The SBI Debt Fund Series C 21 scheme aims to offer regular income and capital growth by investing in a portfolio of debt securities like Government Securities, PSU & Corporate Bonds, and money market securities, maturing on or before the maturity period of the plan.
The scheme further provides limited interest rate risk to the investors. However, the scheme does not offer any assurance or guarantee for achieving the objective.
The minimum application amount of the new SBI Mutual Fund scheme is 5,000 Rupees for the first investment and thereafter in multiples of one Rupee. The maturity period of the Close-ended Debt Scheme is 1100 days from the date of allotment.
The Plans and Options available with the SBI Debt Fund Series C 2 scheme are Direct Plan and Regular Plan having Growth Option and Dividend Option.
The new scheme of the SBI Asset Management Company comes under the Crisil Short Term Bond Fund Index Benchmark.
SBI AMC has appointed Ms. Ranjana Gupta as the Fund Manager of the SBI Debt Fund Series C 2 scheme.
Ms. Gupta joined as Fixed Income Dealer at SBI Funds Management Private Limited in 2008. She has more than 21 years of experience in capital market, reported The Economic Times.
Before joining SBI FMPL, Ms. Gupta worked at Twentyfirst Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer with OTCEI, in 1995. She has completed graduation in Commerce from Mumbai University.
The new SBI Mutual Fund scheme is best suited for investors who are looking out for regular income over long term by investing in Debt securities or Money market instruments or Government Securities, reported Advisorkhoj.
The post SBI Mutual Fund Introduces New Close-Ended Debt Scheme appeared first on OWLT Market.
Indonesian point-of-sale (POS) terminal maker Pundi X Labs (Pundi X) signed a Memorandum of Understanding with South Korean smart cards maker Ubivelox to support the deployment and development of South Korea.
Pundi X’s supports cryptocurrency payments yet as transactions through mobile wallets as well as Alipay, WeChat Pay, and payment cards. All Pundi X devices area unit connected to the Ethereum and NEM blockchain. The company’s latest model supports thirteen cryptocurrencies.
Pundi X additionally provides the XPASS cards, a swish card that lets customers to shop for, sell, and trade cryptocurrencies, yet as get a day to day things.
With the contract between Pundi X and Ubivelox, the shoppers can see wide-ranging cryptocurrency activity streams, having the event and distribution of XPASS cards for payment.
For Ubivelox, the agreement intends the firm’s entrance into the cryptocurrency house. South Korean Ubivelox makes a specialty of open-end credit, mobile and security technologies. The company’s product area unit utilized in the banking and finance, telecommunication, and transportation fields, yet as national ID cards.
With Ubivelox as a partner for the development of the XPASS smart card and safety explanations will be the main improvement to Pundi X’s worldwide rollout, says Zac Cheah, CEO and Co-founder of Pundi X.
Pundi X has been vigorously joining with payment gateways, worldwide distributors, and IT companies to expand its reach.
Founded in 2017, Pundi X currently has offices in Jakarta, London, Shenzhen, Tokyo, Singapore, and Sao Paulo. The startup is directing to have up to 100,000 XPOS devices fitted through Southeast Asia by 2021.
According to the news published in Coin Journal, as of today, the company has made contracts for 20,000 XPOS devices with the NEM Foundation over the next three years and it claims it has received 5,000 pre-orders for its XPOS devices from Switzerland, Japan, South Korea, and Singapore
The post Pundi X Collaborates With South Korean Smart Cards Maker Ubivelox appeared first on OWLT Market.
I'm hoping you guys don't mind me shilling it here. However, I have a firm belief that we're about to make some 2017 era moves in BTC and BCH.
We just broke the 15M downtrend on BCHBTC, I personally think we found the bottom! However another wave down isn't totally impossible. BTC has been holding, and is looking very very bullish!
https://www.tradingview.com/chart/BCHBTC/vag3XRZw-BCHBTC-Update-7-21-AM-15M/
Here I have a fair amount of free content:
Please follow, and if you like what I am posting, please tip or purchase the article :)
I'll take any constructive criticism, I appreciate any feedback. Thank you guys for your consideration!
Bitminer is riding high on their pre-sale results and planning to launch their main sale on the 21st of July which would offer its investors a 12 percent limited period discount. The new ICO will ride on the major interest and excitement which the company has drawn for its cryptocurrency plans.
Bitminer is very popular for views again excessive energy cost. Bitminer technology is not planning to make the overall cost a lot more sustainable and environment-friendly. The company has already stated that the amount of energy which is used for the purpose of mining has significantly increased and the graph of rising continues to rise. This technology will also provide a distinctive opportunity to the investors which are presently involved in the Bitminer tech’s way and intend to start a big move away from the overall use of the fossil fuel and can be more eco-friendly options.
Along with the energy saving module, Bitminner is also providing a plan where investors can buy back tokens. The tokens would represent the contract of mining which will allow users to benefit from the production of mining and renewable energy plants. According to the company officials, the organization is confident of achieving success in cryptocurrency and are thus offering a buyback for their tokens for every three months. This would allow the token holders to sell the token as a greater price. The aim of this plan is to attract investors. Traders can also benefit from this scheme as there would be a continual demand for the power because of the crypto mining services.
ICO will be available till the 15th of August. There would be two levels of discount, first would be of 12% and will be till 20th of August and second would be of 6% and will be till 9th of September. According to reports published in Invezz, there are about 100 million tokens for sale in this cryptocurrency ICO offering.
The post Bitminer’s ICO To Launch on 21st July appeared first on OWLT Market.
Invesco Mutual Fund has introduced its new close ended debt scheme called Invesco India Fixed Maturity Plan Series 32 Plan C. The New Fund Offer (NFO) which has started from July 20, 2018 will last till July 23, 2018.
The investment objective of the new Invesco India Fixed Maturity Plan is to generate income by investing in a portfolio of debt and money market securities maturing on or before the maturity of the scheme. However, the scheme does not provide any assurance or guarantee for any returns or for accomplishment of the objective.
The minimum application amount of the Invesco India Fixed Maturity Plan Series 32 Plan C is 5,000 Rupees for the first investment and in multiples of 10 Rupees thereafter. The maturity period of the new close ended debt scheme is 1099 days from the date of allotment.
The Invesco Mutual Fund provides Regular Sub-Plan and Direct Sub-Plan with Growth Option and Dividend Payout Option.
The performance of the new close ended debt scheme of Invesco MF comes under CRISIL Composite Bond Fund Index.
The Invesco Asset Management Company has appointed Mr. Nitish Sikand as the Fund Manager of the Invesco India Fixed Maturity Plan Series 32 Plan C scheme.
Sikand joined Invesco Asset Management Company in April 2007. Besides being a Fund Manager at the, Sikand is a part of firm’s Fixed Income team. He has over 14 years of extensive experience in product development and fixed income.
Prior to joining Invesco, he worked as a product manager in the International Private Banking Division of ICICI Bank Limited, as a fixed income analyst at JM Financial Asset Management, and as a relationship manager at Citicorp Maruti Finance Limited. He has completed Commerce degree and MBA (Finance).
The new Invesco Mutual Fund close ended debt scheme is an apt fit for investors who are seeking to generate income over the term of the scheme by investing in money market securities and debt instruments, reported Advisorkhoj.
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One of the features that set the new exchange, BitWinEx apart from other exchanges, is the guaranteed asset price growth. The exchange came into effect on the 12th July 2018. The asset price growth is programmed into the system via an Ethereum smart contract.
For instance, the cost of each currency in the BitWinEx exchange is determined by a smart contract that is doubled for successive buyers. Another significant feature of the exchange is that it has no internal wallet. The exchange doesn’t need a deposit and it also doesn’t store the funds of its users. All user transactions are passed directly using an external MetaMask wallet.
When a BitWinEx coin is issued, the price increases at five levels. During the initial levels, a coin dealer earns a profit of 50 percent of the price that he or she paid. Once all five levels are completed, trading stops and the exchange buys back the currency. All currency repurchases are managed through a smart contract and are done on a daily basis.
The buy-back money does not belong to the exchange. Instead, it is stored in an external smart contract which prevents abuse. It also ensures that the exchange functions transparently for all its users.
A separate bonus fund is distributed by BitWinEx to the top 100 users who have BitWinEx coins that haven’t been bought back yet, once a day. The fund receives 10 percent of each transaction made.
As reported in the Bitcoin Exchange Guide, trading will start on the exchange only after the first 25,000 users have registered. The exchange plans to launch its own BWC token in the second stage of the project roadmap. The price is likely to be fixed at one ETH. All users who will be trading with the exchange in the first stage will have the advantage of BWC tokens deposited in their wallets for free.
The post Guaranteed Asset Price Growth Sets Apart BitWinEx From Other Exchanges appeared first on OWLT Market.
JP Morgan is one of the biggest names in the financial sector. One of the stalwarts who has always considered innovation as a crucial cog to their success. Continuing this trend to innovate to provide better and more deliverable products, they are not turning to Blockchain technology. Recently they have patented a technology-based which states that they would be creating a new blockchain application. Through this Bitcoin Revolution like patented application, they are planning to use the IPOs in the same manner as they are currently using their ICOs.
Initial Public Offering (IPO) is an event in which a company starts selling its stock to the normal public. The new application from JP Morgan and Chase will make sure that the investors can turn their assets from the stock market into tokens or virtual receipts. These tokens can then be traded or redeemed in a similar manner to ICO. These assets will also be considered as securities and can be used for various purposes just like ICO. This patent will state that the token will exist on the blockchain based distributed ledger which is certainly a Bitcoin Revolution of sorts.
There are many applications which are presently under JP Morgan and Chase’s name and with all these technologies they can really change the way we trade in the market. Having said that the new application is just a patent and it may happen that the plan might never get executed. There have been many companies in the past who have created a patent but were not able to reach to the full drawn conclusion. As per the report published in Unhashed, this patent has arrived just when Malta Stock Exchange has planned to announce a similar plan which would also tokenize securities and equity in the blockchain. It would be very interesting to see the future of this application from JP Morgan, but in terms of technology is certainly a Bitcoin Revolution which has excited many investors around the world.
The post JP Morgan Chase Files Patent for Tokenized Stock Trading Similar to ICO appeared first on OWLT Market.
Samsung is apparently accepting cryptocurrency payments in the numerous Baltic States using crypto payment platform CopPay.
The Lithuania-based company has recently made the announcement. Clients in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency.
The South Korean international conglomerate is exceptive crypto payments in Bitcoin, Ethereum, XRP, Litecoin, Dash, NEM, and Steem. In Lithuania’s capital, Vilnius, there are three Samsung outlets that take cryptocurrency payments.
CopPay additionally has many merchants victimization its platform in the Portuguese Republic. The corporate additionally declared via release that cryptocurrency will shortly become Associate in Nursing accepted methodology of payment on Samsung’s online stores.
Samsung isn’t any unknown to the cryptocurrency world. In January, the company discovered that it had been getting into the crypto mining chips trade by creating them. It created the announcement in its profit-and-loss statement wherever Samsung same growing demand for mining chips would facilitate to spice up its earnings.
In April, the firm discovered a 58 percent year-on-year growth in its operating profits in Q1 2018 that was partially driven by the demand for cryptocurrency mining chips.
Not just that, Samsung sees the potential that the blockchain has. So much so, that it’s victimization the technology to manage its world provide. The company stated that the blockchain may track world shipments value tens of billions of greenbacks a year. It may additionally cut shipping prices by the maximum amount as 20 percent.
According to Coin Journal, small business owners think cryptocurrency payments will become a reality on the high street within a span of two years. While eToro has recently published a new research signifying that cryptocurrencies have the prospect of becoming a conventional form of payment in the next 10 years.
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Due to Trump’s constant pressure, Japan’s oil refineries are likely to stop the import from Iranian crude oil. The head of Japan’s oil refiners’ association cleared the matter on Thursday, saying, Japan will stop loading Iranian oil shipments by the mid-September.
The President of the U.S. recently urged those countries that still have tie-ups with Iran regarding oil import to stop their business from November as it reimposes sanctions over the nuclear program of Tehran. However, the U.S. will provide an exemption for those countries who are reliant on Iranian supplies. Several Japanese oil refineries are asking its government to maintain certain Iranian imports and push the U.S. to grant this exemption. But, a Japanese unnamed authority cleared that winning waivers from the U.S. will be difficult for Japan.
Takashi Tsukioka, the President of the Petroleum Association of Japan (PAJ), stated that Japan’s oil refiners have been preparing for other alternatives on the forecast of the U.S. sanctions. Considering the payments are to be completed by the end of October, it is crucial that their refiners would finish Iranian oil before mid-September. Furthermore, PAJ had stated last month that Japanese refiners may stop importing oil from Iran; Thursday’s statement gave more details on this matter.
The Hindu reported that Japan is the world fourth-biggest oil importer and the leading industry sources said the shipping companies had told them that they would stop carrying oil cargoes from Iran. Now that Japan cannot import oil from Iran, it is looking for other suppliers from the Middle East and the U.S. Last year, Japan imported roughly 1,72,216 barrels of oil per day from Iran, and Iranian oil accounts for 5.3 percent of the country’s total import. Now, the question is who will aid Japan to fulfill its oil requirement and fill the shoes as Japan’s oil importer.
The post Japan May Stop Oil Import From Iran After All appeared first on OWLT Market.
Seriously people, this is all political social media bullshit.
There is not even a written proposal for anything, and as amaury replied, most proposals don't change anything in the protocol.
Consider transaction ordering and graphene as an example. It is a proposal which improves information for all miners, all of the participants want to know as fast as possible the transactions pertaining to the block head with PoW they just received.
If a proposal of pre consensus, whatever it is, is such that all miners have equally distributed information such as in graphene, you are not creating any economical imbalance and possibly improving the information over the likelihood of a Zconf Tx being mined in the next block.
This is very different to things such as faster block time or bitcoin-NG, which are not good proposals and are full of different new trade-offs.
Whatever proposal comes out, people will study and criticize it openly, so I don't understand why people rush to throw sand on stuff they don't even know what it is.
RBI never considered trading in cryptocurrency as a reliable source of investing. The latest RBI guidelines brought a complete restriction on all the banking services that were earlier supporting the crypto exchanges. However, there is still some respite from this ruling. Astute investors have figured out smart ways to continue trading in cryptocurrencies via Peer-to-Peer (P2P) exchanges such as NMCCX.
Founder and CEO of Cashaa, Kumar Gaurav, feels that crypto traders will eventually move to P2P exchange platform such as National Multi Crypto Currency Exchange (NMCCX). This exchange platform facilitates trading in cryptocurrency.
On a P2P exchange, if an individual “A” is planning to purchase cryptos in exchange of INR and another individual “B” intends to sell his cryptos in exchange of INR, a third entity “C” will accept cryptos from “B” and INR from “A”. Here “C” is acting as an exchange medium. Kumar Gaurav informed that this entire process will be regularly monitored to ensure safety.
P2P platforms such as NMCCX allow investors to enter and exit crypto markets as per their wish. As reported in MoneyControl, Ashish Singhal, CEO, CoinSwitch.co mentioned that Indian users can even access an exchange aggregator platform and trade freely in cryptocurrency. An aggregator platform partners with global exchanges. It provides users with a single access to the same. Since these aggregator platforms are located outside India, trading on these platforms is not affected by the laws of our country.
Experts are of the opinion that RBI needs to consult counterparts such as ECB, Bank of Japan, or the Bank of England to comprehend the technicalities of crypto trade in a better way. Vajahaath Hussain, CEO, Almora, is of the opinion that India should introduce stricter regulations instead of banning cryptocurrencies completely. As reported by Zeebiz, Hussain further added that India must be an early adopter of regulations in order to reap the benefits in time. This is especially important considering cryptocurrencies and blockchain are going to be the future of our financial systems.
The post NMCCX’s P2P Platform Could Be The Best Way To Trade Despite RBI Ban appeared first on OWLT Market.
SEBI (Securities and Exchange Board of India) has announced that it would soon frame guidelines to permit mutual funds to invest in commodity derivatives instruments, on July 19, 2018.
The market Regulator said that it would also finalise warehousing standards for non-agriculture commodities. The regulator also added that it would think of permitting “indices” after its powerful establishment in the market.
Still the commodity derivatives market is facing challenges despite the fact that the trading volumes have increased up to 100 lakh crore Rupees, said P K Bindlish, the Head of CDMRD (Commodity Derivatives Market Regulation Department) in SEBI, addressing an ASSOCHAM (Associated Chambers of Commerce and Industry of India) event.
As a means to increase institutional participation in the commodity segment, the Market Regulator is now proceeding towards letting mutual funds.
“We are working on finalising the guidelines at the earliest,” said Bindlish.
Regarding permission for more products, he said that “indices” would be “considered only after knowing its robustness.”
MCX (Multi Commodity Exchange) and NCDEX (National Commodity & Derivatives Exchange) has already been permitted with the trading in commodity derivatives market “Option.” NCDEX has launched it in one commodity, while MCX in five commodities, said Bindlish, according to Money Control.
He also added that that more commodities would be considered after witnessing their success.
WDRA (Warehousing Development and Regulatory Authority) has done a great job as far as agri commodities are concerned. However, there is lack of guidelines and regulation from WDRA for the non-agri commodities.
In order to reinforce warehousing, the Securities and Exchange Board of India would soon frame warehousing norms for non-Agri commodities, he added further.
Shashank Saksena, adviser (financial markets), the Finance Ministry, said that they have integrated commodity and equity markets at the level of regulator and market institutions, and are still far away at the participants’ level.
SEBI has called independent trustees of mutual funds for a meeting on July 25, 2018, after a long gap of about four years, according to The HINDU Business Line.
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Hong Kong ending up more keen on blockchain innovation, they are trying numerous endeavors to ensure which is gotten with whatever left of the world. The Global Media Blockchain Alliance was as of late setup in Hong Kong, building up a more advantageous and more positive supposition of this innovation. This foundation was accounted for by the China Times on July 20th.
The ongoing Global Media Blockchain Summit was held just yesterday, where the Alliance advanced their new “Hong Kong Initiative.” The Alliance examined how the media plays a critical yet extraordinary part in how the blockchain business is seen by whatever is left of the world.
The Global Media Blockchain Alliance is comprised of more than 100 predominant press, as depicted by a distributed article in China Times. Be so as it may, the Alliance intends to set up a section component for new media that needs to be a part, which will be bolstered by the blockchain.
Alongside authoritative changes, blockchain innovation will likewise impact the social part of the business, as per Ding Laibin, who is the secretary general of the Alliance. He referred to blockchain’s advantages, such as diminishing the danger of misrepresentation, as a purpose behind media to assume a part in the long haul accomplishment of the blockchain.
Hong Kong is still during the time spent ascending as a worldwide pioneer with blockchain innovation. On July eighteenth, Coin Telegraph said that China’s arrangement was to build up and run a worldwide research gathering. ISO has joined forces with the International Electrotechnical Commission (IEC) to gain this gathering and their ground a reality.
As indicated by Coin Telegraph, the Monetary Authority in Hong Kong is attempting to discharge their own particular blockchain exchange fund stage. The dispatch is gotten ready for at some point in August this year.
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Calfin Global Crypto Exchange (CGCX) has a number of accomplishments to tout as it reviews its progress during the first phase of its public cryptocurrency sale. The exchange met its financial target by raising 43,215 ETH. It attracted a multitude of users and also published a beta version of its exchange so that investors are able to understand what they are getting into.
By fusing a platform for ICO listings, smart contracts, cryptocurrency trading, and merchant services, CGCX hopes to revolutionize the blockchain trading market. The innovative nature of the exchange has attracted a lot of investors thereby allowing the platform to achieve and exceed its financial goals.
By rolling four platforms into one, CGCX offers its investors greater financial security and convenience than what is typically available in crypto investments. Users can distribute their money across various assets via these four platforms. This gives them a higher probability of earning a profit in any market. CGCX also offers a host of other benefits such as investor voting rights, smart wallets, and providing insurance against cyber attacks.
The exchange is still in the process of developing its platform. Thus investors can’t avail all of these features now. But CGCX didn’t want its investors to remain in the dark till the development is complete. That’s why it released a beta version of the platform.
As reported in Cointelegraph, CGCX is presently wrapping up the first stage of its public sale. It will begin the second stage of its public sale starting July 25th. The exchange has already achieved considerable success. It raised $20 million USD with the first $5 million within just nine days of the presale. If this trend continues, the exchange will certainly have a lasting impact on blockchain trading across the globe in the years to come.
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The effective tour to Germany with BlockShow Europe 2018, the group gets the opportunity to work again and declared BlockShow Americans 2018 – the following 2-days appear and the plain initial one is to be held in the USA.
The gathering will occur on August 20-21 at The Venetian, Las Vegas – the city known for the gigantic number of different FinTech and Blockchain events occurring there from year to year.
This time, the same as past one, BlockShow will present you the most intriguing Blockchain applications, most recent sensations, and loads of top-notch content. In any case, there is significantly more than anything; each new gathering is an ideal open door for the group to calibrate those highlights which work superbly and convey the most extreme incentive to the crowd.
BlockShow Americas 2018 is no exemption to this: at this moment we would already be able to hope to see such exercises as throughout the day organizing the BlockShow Oscar startup rivalry, and also the arrival of BlockShow Ratings and People Choice honors.
This May, BlockShow Europe was visited in excess of 3000 participants; the meeting show included in the excess of 90 ventures, and more than 100 associations and organizations gave their help to the occasion. The coordinators guarantee that the figures and size of the up and coming BlockShow gathering to be no less amazing.
The gathering roused huge amounts of distributions in the major worldwide media, for example, VentureBeat, Forbes, BuzzFeed, Daily Mail and others. With every one of the advancements, promising activities, stories and specialists, BlockShow figures out how to keep the group energized, and in addition to have a great time sorting out and encountering the further occasions.
The same as previously, BlockShow Americans will acquaint the gathering of people with the most imaginative discharges from the promising Blockchain organizations, reported by Coin Telegraph. The best activities and in addition to inside-out capable bits of knowledge on the major Blockchain achievements in the worldwide inclining divisions (Voting and Elections, E-Commerce, Supply Chains, and numerous others).
The post Blockshow, A Major International Blockchain Event Announces Blockshow Americas 2018 appeared first on OWLT Market.
Crypto exchange is the next big thing and has held this belief for a while now. It has the capability to not only to resolve numerous key problems but can also help build an economy that is connected to a global financial, technological, and trade ecosystem.
Alluma the first institutional grade cryptocurrency exchange was established in Singapore in June 2017 after recognizing important gaps in present cryptocurrency platforms across India and Asian developing markets.
The first task was incorporation, followed by identification and on-boarding of assorted people for key management positions. This was most likely the foremost vital task of all, on condition that you would like to recruit terribly top quality individuals, with the proper expertise, UN agency even has the eagerness, drive, and strength required to assist a startup to succeed.
Alluma’s business model is sort of easy. The first supply of revenue for the corporate could be a little fee that it charges users – a proportion of the add transacted on the platform. The corporate doesn’t have the other revenue streams at the instant beside this.
Cryptocurrency exchanges are for the most part functioning as they did earlier since no government or restrictive body has restricted them from any operation within the country. The government and also the RBI’s main issues are associated with hiding and finance of criminal activities through cryptocurrencies, that is totally comprehensible.
Virtual currencies like Ripple and Stellar are attempting to unravel the matter of slow and high-ticket cross-border remittances around the world. Ethereum, another Blockchain-powered virtual currency, has been integral to the event of good contracts, a group of laptop protocols or algorithms that may verify the negotiation method or performance of contracts.
Good contracts will cut back legal procedures into neatly-stacked coded directions that execute relevant clauses in an exceedingly easy contract on the incidence of a particular event. According to Your Story, the investigation firm that tracks cryptocurrency, the market cap for Bitcoin has touched $683 billion this year, an all-time high.
The post Alluma Works As A One-Stop Global Crypto Exchange Across Markets In Asia appeared first on OWLT Market.
Tata Mutual Fund has witnessed exits two of its fund managers in three months. Because of this, the fund house’s sales team perceives lay-offs.
The Tata group backed Tata MF house is struggling with “employee churn,” with leaving of existing employees and hiring of new ones. In three months period, the Asset Management Company has seen exits of its Chief Investment Officer Gopal Agarwal and Senior Fund Manager Gopal Agarwal.
Lack of a steady leadership has been a challenging problem in the fund house’s sales team. The Tata AMC is finding it difficult to “gain sizable market share,” according to Business Standard.
At least 10 employees in the fund house’s sales team have been requested to search for jobs somewhere else, according to the people mentioned above.
The re-shuffling of employees in the Tata Mutual Fund house has come immediately after Prathit Bhobe took charge as the Chief Executive Officer (CEO) and Managing Director (MD) in May. However, the fund house shows no response to the questions related to employee re-shuffling and long-term strategy, reported Smart Investor.
Tata Asset Management Company manages about assets worth of 450 billion Rupees. The AMC at present ranks 13 in terms of assets managed.
Pradeep Gokhale, Tata AMC’s Senior Fund Manager, is also on his way out, according to the source. He has been with Tata fund house for 14 years. He was managing about 40 billion Rupees of assets at the fund house, at one point.
Gopal Agarwal, Chief Investment Officer (Equities) at Tata AMC, has submitted his resignation in May 2018, thirteen months after he joined the fund house in April 2017. At Tata AMC, he led the fund management and equity research team. He was also responsible for managing and co-managing various equity funds.
Agarwal, who quit from Tata Mutual Fund in May, is set to soon join DSP Blackrock Mutual Fund, according to Business Standard.
The post Exits Of Two Fund Managers In Three Months Affect Tata Mutual Fund Sales appeared first on OWLT Market.
We know their names, but that’s not always enough. To appreciate the young in the world of business, Fortune, a multinational magazine, publishes its ’40 under 40′ list every year. Yesterday, the 2018 Fortune 40 under 40 list was released—and four crypto players made it. Vitalik Buterin makes Fortune 40 under 40, plus more!
Crypto Makes it on the 2018 Fortune 40 Under 40When Fortune’s under 40 rankings first started, it was to show off the giants of the dot-com boom. But things are different now, with changes being sparked by the 2008 financial crisis. ...
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Lets stay focused on reason, facts & evidence!
Example, this comment
Knight is right - BCH should avoid CSW like the plague. Any coin that uses nChain patents in the protocol hands over control of the coin and makes CSW / nChain the gatekeeper to development. BCH is, and always should be, built on FOSS.
A brief check of NippleGlitter's history shows they are CLEARLY a BCH hater as recent comments as below prove:
and many more...
Now of course just because NippleGlitter is a BCH hater doesnt automatically make everything he posts here in r/btc wrong. But one should wonder, when one truly hates BCH as NippleGlitter's comments show, then why would he bother to post here about avoiding CSW and only FOSS should be used. He conveniently forgets/doesnt know that BlockStream has patents as well... buts thats another discussion...
Is this person really looking out for BCH's best interest by stating BCH'ers should avoid CSW and only use FOSS?
While one may believe they should avoid-or not-CSW/nChain/patents etc..., lets try and keep it based on facts, actions etc... not on input from BCH haters trying to stir the pot... I am sure NippleGlitter is not the only BCH hater trying to stir the pot here...
Lets keep any pot stirring among Peer-2-Peer Electronic Cash Supporters/Doers!