Crypto 360°: 2018-07-29

Saturday, 4 August 2018

Private Sector MFs Celebrating Silver Jubilee: ‘Industry Kept Up Reputation:’ A Balasubramanian https://ift.tt/2OJ0EjT

Private sector MFs are celebrating silver jubilee in August 2018. A Balasubramanian, the Chairman of AMFI and the Chief Executive Officer of Aditya Birla Sun Life MF, shares his perspective on the journey of the mutual industry in the past 25 years, during a recent interview.

Indian mutual fund industry has made considerable progress in setting up itself as a standout amongst the most presumed financial market intermediary over the most recent 25 years. Since 1994, the market advanced seeing various cycles of different kinds, said Balasubramanian.

The MF industry moved far from local to global, coordinating with global money related markets progressively. Regulatory environment progressed at the same rate as that of the growth rate of the mutual fund industry and got advanced consistently through learning along the way.

“Mutual fund industry has kept up the reputation of being the caretaker of a large pool of investors’ money with least damage and best possible benefits to its investors,” said the CEO of Aditya Birla Sun Life MF, the private sector MFs company which is the fourth largest fund house in India based on domestic average AUM.

Balasubramanian feels that the regulatory change had remained consistent during his entire MF industry journey, apart from figuring out how to live in VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) world.

It was fundamental that the money managers’ practices be tested in the form of an enhanced regulation. Sometimes, Balasubramanian states that regulation got advanced after observing market practices besides considering the outcome for investors. Actually, the MF industry activities continued to be responsible for the regulatory changes.

Balasubramanian began his journey in the MF industry in 1992. He has great experience in the debt market space before he became the CIO (Chief Investment Officer) and CEO (Chief Executive Officer) at the Aditya Birla Sun Life MF. He has completed nine years as CEO at the fund house.

The AMFI Chairman joined the industry when there were only public sector players, and then moved from public sector MFs to private sector MFs after much hesitation, he said, during the interview with The Economic Times.

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First Successful Blockchain Shipment Publicized By 300cubits https://ift.tt/2OJVxQv

300cubits has declared that it had dealt with its first shipment successfully, submitted utilizing a booking deposit in TEU tokens on July 24, from a shipper on its blockchain-based shipping platform. The first exchange included a container from Mitsui Chemical on an MCC Transport operated vessel from Singapore to Keelung.

Its Booking Deposit Module is presently operational after experiencing half a month of user acceptance tests and a few changes in accordance with its smart contract to lessen mining costs on the Ethereum blockchain. 300cubits reported that its platform was successful in guaranteeing that the shipment gated on July 25 and loaded on July 26, as per the booking plan.

Naresh Potty, Chief Commercial Officer of MCC, stated: “We appreciate arrangements such as the one given by 300cubits that help decrease No Show and Rolling, which, in our view, are a portion of the main torment points harming both our customer and our own particular task.”

He also added that they might want to see more shippers giving a financial commitment at the booking stage. In return, they will give an equivalent promise to guaranteeing these shippers that their shipments will be loaded as per their bookings.

Mitsui Chemical is a leading chemical material and product manufacturer while MCC Transport is a local expert dealing with all Intra-Asia containerized freight for the Maersk group.

In the initial two weeks of the task, 300cubit has taken care of 27 TEU of shipment volume in its Booking Deposit Module. The organization has reported that it is currently pairing participating liners with shippers of their choice to work in their separate pilot program.

In its announcement on the system development, 300cubits stated that they will incorporate an insignificant list of shippers already agreed to accept our solution and join more shippers who still have not joined.

The majority of the industry contacts suggested that the shipment volume this year has not been solid despite we are now in the traditional peak season. However, the transporters’ ability withdrawal has made some space snugness that is adequate to make the shippers worry.

As reported by Port Technology, their solution helps both the shippers and transporters to secure their bookings as per their current contract rates while not including any working capital burden on either party.

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नकली दवाओं पर नियंत्रण के लिए ब्लॉकचेन का सहारा https://ift.tt/2vEDwKI

भारतीय बाज़ार में नकली दवाओं का पता लगाने और रोकथाम के लिए ब्लॉकचेन आधारित परियोजना पर काम शुरू हो गया है। परियोजना का अमल में लाने के लिए नीति आयोग और अपोलो हॉस्पिटल साझा रूप से काम कर रहे है। परियोजना के तहत न सिर्फ दवाओं की गुणवत्ता की परख की जाएगी बल्कि स्वास्थ्य क्षेत्र से जुड़े कार्यों को संगठित कर समुचित रूप से सफल किया जाएगा। एक अन्य सहयोगी ओरेकल ने भी ज़ोर देते हुए ब्लॉकचेन प्रणाली को निर्माता से लेकर ग्राहक तक स्थापित करने को प्राथमिकता देने की बात कही है।

ब्लॉकचेन से पंजीकरण

गौरतलब है कि भारतीय बाजार में नकली दवाइयाँ व्यापक रूप लेती जा रही है। खास तौर पर ग्रामीण क्षेत्रों में नकली दवाओं का गोरख धंधा करने वाले तेज़ी से पाँव पसार रहे है। बड़े स्तर पर इनकी रोकथाम करना सरकार के लिए बेहद मुश्किल हो रहा है। नीति आयोग की तरफ से हुई पहल में बताया गया है की ब्लॉकचेन की माध्यम से ऐसे सभी लोगों पर निगरानी की जा सकेगी जो दवाओं में मिलावट या उनकी गुणवत्ता के साथ समझौता करते है। ब्लॉकचेन से पंजीकरण के साथ दवाओं की खेप को आसानी से ट्रैक किया जा सकेगा। जिससे ग्राहक तक नकली दवा पहुंचने वाले लोगों की धरपकड़ सम्भव होगी।

बिज़नेस स्टैंडर्ड के अनुसार नीति आयोग की इस घोषणा के साथ ब्लॉकचेन आवेदन करने वाले निवेशकों और कारोबारियों को थोड़ी राहत मिली है। उन्हें उम्मीद है की अन्य देशों की भाँति भारत में भी ब्लॉकचेन प्रौद्योगिकी को विकसित करने के लिए सरकार नए नियम और सरल कानून का गठन करेगी। आयोग की तरफ से कृषि क्षेत्र को ब्लॉकचेन से विकसित किये जाने के भी इशारे किये गए है ताकि ग्रामीण परिवेशमें रहने वाले लोगों को स्वास्थ्य के साथ साथ उनकी खेती सम्बन्धी समस्याओं के निदान के लिए परेशानी का सामना न करना पड़े।

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Cryptocurrency Application Can Potentially Transform Philippine’s Retail Landscape https://ift.tt/2OaTfsB

Contrary to what many Filipinos would like to think, remittances are the most crucial cryptocurrency application. However, remittances can be helpful for those people of Philippines who are working or living abroad.

Of course, there is no doubt that remittances sent using cryptocurrency will be an important application area. This particular use case enables the overseas foreign workers to curtail costly fees that facilities like Western Union demand for overseas wire transfers.

However, as mentioned earlier, Filipinos living overseas will find remittances through digital currencies. A much wider application of cryptocurrency is its potential to transform the retail landscape of Philippines. Yet, cryptocurrency is yet to make a big and significant impact in the country’s stores.

Many people in the Philippines still regard the cryptocurrency as only a means for wealth accumulation. They love to use the virtual currency as a means for speculative investment instead of using them as digital currencies. Pundi X Pos is a superb solution for the retail space that the Philippines should consider implementing on a large scale.

Benefits Of Installing Pundi X Pos

Hong Kong-based conglomerate called the FAMA Group deployed Pundi X Pos at all their restaurants. Incidentally, the group runs the Locofama, SUPAFOOD, Sohofama, and Hive Café.

While launching a fresh point-of-sale solution by any food operator can be a big step, the Pundi X Pos can be truly a game changer move for the FAMA Group. What makes the Pundi X POS distinct is its ability to receive any cryptocurrency like NPXS, Ethereum, or Bitcoin as payment.

Vulcan Post reported that the only step an in-store customer or consumer has to do is to use a local fiat money (Hong Kong dollars in this case), the Pundi X Pass card or a mobile wallet. Thereafter, customers need to simply use cryptocurrency as their payment mode to purchase a meal.

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/u/BashCo can you give a concise reason as to why I was actually banned? One minute it's scamming, trolling and lying. Now it's begging. Why am I being from /r/bitcoin for something I didn't post there, and why haven't you provided any evidence? This isn't acceptable moderation.

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Coinbase Launches a Crypto Payment Option Plugin for Millions of E-commerce Stores

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Will Bitcoin’s Price Go Back up in Late 2018? This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

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Equity Trust Launches Digital Asset Platform For Cryptocurrency IRA Investors This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

South Korean Crypto Exchange Bithumb to Reopen Withdrawals, Deposits for Nine Cryptos This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

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SEC, The Centralizing Subverter of Competition This article was originally posted on Trustnodes - a trusted site covering numerous topics related to cryptocurrency and a great selection of news and editorial [...]

This article was originally posted on Trustnodes - a trusted site covering numerous topics related to cryptocurrency and a great selection of news and editorial [...]

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Sharing Economy Reimagined with WONO This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

Crypto Mining Firm Argo Blockchain Listed on London Stock Exchange, Raises $32 Million This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South Korea This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]

This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]

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Trusted Diploma – A Blockchain Platform By Business And Technology University https://ift.tt/2M3uZvg

Emercoin declared the effective execution of its open-source “Trusted Diploma” blockchain platform by the Business and Technology University (BTU).

The collaboration between Emercoin and BTU marks a new phase in the technology’s extension. With the goal to furnish education sector with verifiable diplomas and different certificates on an encrypted and secure application, the Trusted Diploma platform is relying on the blockchain technology. The application guarantees that the competencies of all graduates are effortlessly and unmistakably checked.

BTU is utilizing the open-source “Trusted Diploma” platform, based on the Emercoin blockchain. The joint effort of the education sector and a cryptocurrency organization plans to encourage schools, organizations, and graduates approve the online accuracy and authenticity of training education credentials. The blockchain system empowers administrators to store and share verifiable diploma and other educational certificates on an encoded and secure application.

Because of far-reaching corruption and manipulation, online display of education certifications is progressively seen as unreliable proof of work. Graduates additionally have trouble getting their records from universities or schools that have shut or generally decline to perceive their legitimate credentials. The issue was cited as a global crisis in a 2016 report to UNESCO and the Council for Higher Education Accreditation.

Through secure, distributed blockchain services, Emercoin has figured out how to concoct an adaptable, easy to use and effectively accessible solution.

Kostiantyn Bigus, Emercoin Managing Partner says, “We ask everybody to join our efforts, which will enhance proficient services and shield individuals from perilous fraud in the healthcare, legitimate, Mac, and different sectors.”

BTU was established in 2016 at Silicon Valley Tbilisi where they offer students inventive new ways to deal with learning. As Emercoin offers interesting adaptability through an innovative range of distributed services, BTU is setting this project on the Emercoin Blockchain.

As reported by Cointelegraph, through its Name Value Storage (NVS) ability, Emercoin is more productive and more affordable than other platforms. Emercoin’s NVS allows for efficient time-stamping of META-Data on its own blockchain that thus gets blend dug into Bitcoin Blockchain for security.

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Bitcoin Dropped To New Two-Week Low Value https://ift.tt/2nam8K1

This Friday was not a great day for Bitcoin loyalists as the cryptocurrency plunged to a dismissal two-week low value. Some other prominent digital currencies also met a similar fate during the same time period.

Bitcoin once again proved its unpredictability and volatility as the currency was down 1.95 percent. It was valued at 7,386.70 USD on the Bitfinex crypto exchange on this Friday as opposed to a higher value of 8,281.80 USD just last week.

The fate of other cryptocurrencies was also not good like Bitcoin, though their overall prices were marginally lower. The market cap for coins was valued at 262 billion USD on Friday as opposed to 269 billion USD on Thursday.

Incidentally, Ethereum, which is the second most popular cryptocurrency after Bitcoin in terms of market capitalization, saw a slight increase of 0.33 percent to 412.85 USD on the Bitfinex. The third biggest digital currency, Ripple, rose by 1.58 percent to 0.43971 USD, but Litecoin was also down by 0.45 percent at 75.799 USD.

German Stock Exchange Joins Cryptocurrency Bandwagon

In other news, Boerse Stuttgart, a stock exchange in Germany, has plans for providing digital asset services soon. The announcement was made by the German exchange on Thursday among much fanfare and enthusiasm.

It is Germany’s second-biggest stock exchange and plans to provide a robust end-to-end infrastructure. The exchange will offer a platform for ICO (Initial Coin Offering), cryptocurrency custody services, and trading venue. Boerse Stuttgart’s services will also comprise of trading popular virtual currencies such as Bitcoin and Ethereum.

Meanwhile, the Union Bank of Switzerland opines that there is a likelihood of Bitcoin replacing the money supply of the United States. However, the bank feels it is only possible when the coin’s price touches the magic figure of 213,000 USD. Besides, the processing capabilities of its network should enhance drastically.

According to Investing.com, the bank mentioned in one of its reports that their findings indicate that Bitcoin is limited and too unstable in its present form. These drawbacks are preventing it to emerge as a viable payment mode for worldwide transactions or being embraced as an asset class in the mainstream.

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क्रिप्टो की डिग्री लेनी हो तो तुर्की जाएँ https://ift.tt/2KpgHAg

अन्य देशों की भांति तुर्की भी डिजिटल बनता जा रहा है। ब्लॉकचेन और क्रिप्टो जगत में सशक्त रूप से खुद को स्थापित करने के उद्देश्य से न सिर्फ व्यापार बढ़ाने पर ज़ोर दे रहा है बल्कि इस क्षेत्रों की सम्पूर्ण और सटीक जानकारी के लिए भी युवाओं को प्रेरित कर रहा है। इसका ताज़ा उदाहरण है इस्तानबुल में शुरू किया जाने वाला ब्लॉकचेन और क्रिप्टो केंद्र। इसे विश्वविद्यालय कि तर्ज़ पर विकसित किया गया है, जहाँ क्रिप्टोकरेंसी के प्रारंभिक स्तर से लेकर नयी प्रौद्योगिकी के बारे में पढ़ाया जायेगा, इतना ही नहीं ब्लॉकचेन को किस तरह से भविष्य कि तकनीक माना गया है और क्रिप्टोकरंसी की ट्रेडिंग एक्सचेंज से सम्बंधित हर तरह कि जानकारी को साझा करने का काम किया जाएगा।

इस्तांबुल ब्लॉकचेन और इनोवेशन सेंटर के नाम से शुरू हुए इस प्रयास के लिए स्थानीय सरकार ने लम्बे समय तक कवायद की थी। तुर्की को उन समस्त देशों कि श्रेणी में लाने का काम यह केंद्र करेगा जो कि क्रिप्टो और ब्लॉकचेन के क्षेत्रों में काफी आगे निकल चुके है। गौरतलब है कि ब्राज़ील, अमेरिका और रूस के शहरों में पहले से ही क्रिप्टो सम्बन्धी कोर्स चल रहे है जबकि कई अन्य देशों में विश्वविद्यालय के अंतर्गत छात्रों को इसके बारे में पढ़ाया जा रहा है।

क्रिप्टो और ब्लॉकचेन के पाठ्यक्रम

कॉइन टेलीग्राफ के मुताबिक इस्तांबुल ब्लॉकचेन और इनोवेशन सेंटर तुर्की का पहला केंद्र है। जहाँ क्रिप्टो और ब्लॉकचेन के पाठ्यक्रम निर्धारित किये गए है। उम्मीद जताई जा रही है कि देश के युवा इस नयी प्रौद्योगिकी के प्रति काफी उत्साहित हैं और वो ब्लॉकचेन के महत्व को अच्छी तरह से समझते है। इसके अलावा वह सभी लोग जो क्रिप्टो में रुचि रखते हैं इस केंद्र में आकर ट्रेनिंग ले सकते हैं। गौरतलब है कि इस वर्ष तुर्की सरकार ने क्रिप्टो को पूरी तरह से बंद करने कि बात कही थी। लेकिन इस साल सरकार की तरफ से पहल कि गयी ब्लॉकचेन और क्रिप्टो को सरकारी और निजी क्षेत्रों में शामिल करने के साथ साथ खुद कि क्रिप्टोकरेंसी लांच करने की भी योजना बनायी जा रही है।

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Coinbase Expands Its Reach, Includes XRP And 40 Digital Assets https://ift.tt/2LOBu5E

Coinbase has stunned the cryptocurrency world once again with a fresh announcement that the exchange has begun what they call exploratory research on adding 40 new assets including XRP, which is the third biggest cryptocurrency by market cap. A few of those assets come as a surprise, while others seem to have been nearly a given for some time now given their general growth.

This time is no different as XRP fans are once again expressing their serenity and contentment.

Currently, Coinbase is acting as a custodian for cryptocurrencies that is Bitcoin, Bitcoin Cash, Ethereum Litecoin. According to the company information, it is also charging one percent a month in addition to a fixed fee of $100,000 where users are supposed to store at least $10 million. Among the other notable cryptocurrencies that Coinbase plans to store are Monero, Dash, Tezos, and Telegram.

The company also plans to add all 40 of the assets which are not decisive. By adding new crypto assets, Coinbase is self-assured to raise its income from custody services. This is important because a growing number of companies are offering cryptocurrency trading, which has been a lucrative business for Coinbase, however, there will be some restrictions and limitations that would drop in the future.

At present, Coinbase tallies the funds such as Polychain Cap and Multicoin Cap amongst its custody users. By the end of 2019, the company aims to have more than 200 institutional customers and store at least $30 billion under custody.

In the meantime, Coinbase also revealed on Friday that buyers will be able to purchase and sell the asset called as Ethereum Classic starting from Thursday. The move comes after the company announced in June it would add the cryptocurrency, which is now the 14th biggest, according to the news in Fortune.

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American Businesses Should Approach Blockchain With A Plan https://ift.tt/2AHlOvS

Present day news brims with stories about crypto technology and blockchain, as well as promises made by firms to weave these emerging technological powers into their everyday business processes. However, blockchain and crypto technology, despite the digital glamour and the vast promises they bring, also come with risks and damages.

The creation of these digital forms of money, despite facilitating trade and business, has also allowed deception and money laundering. The technology is in its youth and corporations need to be careful to harness this power without letting it fall to perils it brings with it.

The blockchain is often depicted as a framework that lacks the trust that major financial channels possess. It wipes out the requirement for banks or other agents, in light of the fact that each hub checks and reauthorizes every exchange, logging a record that is both transparent and changeless. It cuts costs for clients and, at times, builds speed and productivity.

Despite the fact that numerous blockchains can just process a small amount of the number of exchanges every second that real Visa organizations can, there are ventures in progress in the business realm to accelerate this procedure.

As reported by Foreign Policy, blockchains could also impact the defense contracting business by tampering with the supply chain. One of the American Defense Department’s main concerns in regards to new safeguard frameworks is that the parts are fabricated everywhere throughout the world, and this opens the doors for providers near a foreign government to introduce imperceptible indirect accesses for spying.

Broken microchips or creeping spyware are genuine dangers in the present hazy worldwide supply chains. The blockchain’s point by point ledger record system could decrease these dangers by following what every subcontractor supplies and guaranteeing that every part is traceable.

If the United States’ government doesn’t manage to implement safety hazards and balances in the business realm to channel blockchain technology, foreign governments could replace American dominance in the area.

Lichtenstein and Malta are early participants in building up legitimate systems for blockchain. In July, Malta passed three laws that built up inner administration necessities and certification systems to all the more likely ensure the two shoppers and organizations.

While few American businesses are worried about Malta and Lichtenstein, China and Russia could also fill in the void left by American business to take control of this new industry. For this reason, American organizations and government officials must work rapidly to secure the country’s dominating position in this critical new innovation.

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BCH : unbanking the banked

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NYSE Owner: Bitcoin Should Be in Retirement Funds, Credit Cards, Retail Stores

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source https://www.reddit.com/r/btc/comments/94i35j/nyse_owner_bitcoin_should_be_in_retirement_funds/

Bitcoin Is “Very Iffy Right Now,” Says New York Stock Exchange Trader

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source https://www.reddit.com/r/btc/comments/94hzl9/bitcoin_is_very_iffy_right_now_says_new_york/

Coinbase Considers Adding 40 New Cryptocurrencies to Its Custodial Services

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source https://www.reddit.com/r/btc/comments/94hq69/coinbase_considers_adding_40_new_cryptocurrencies/

Bitcoin Price Analysis: Buy the Rumor, Sell the News This article was originally posted on Bitcoinist - one of the leading sources for information about Bitcoin, digital currency and blockchain technology. With one of [...]

This article was originally posted on Bitcoinist - one of the leading sources for information about Bitcoin, digital currency and blockchain technology. With one of [...]

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NYSE’s ICE to Launch Cash Settled Bitcoin Futures This article was originally posted on Trustnodes - a trusted site covering numerous topics related to cryptocurrency and a great selection of news and editorial [...]

Zwoop ICO: Now Use AI For Your Shopping Needs https://ift.tt/2AFOoO7

Shopping is one of the most confusing things for most of us. To make the whole process easier, Zwoop plans to introduce AI technology which would assist users when they are shopping online.

Zwoop had announced that there would be a pre-sale which will start on 28th August this year. The pre-sale will be there till the time ICO starts and will be active till 25th of September. The platform hopes that it will raise about $20 million as the investors will be receiving ZWP tokens in the exchange. Tokens can be used in the platform for purchasing of the online marketplace. The aim of the company is to use both blockchain technology and AI for eliminating the need to depend on multiple websites and other online shopping portals to get the best prices.

Zwoop Platform will help every user to search the product which is uploaded by any user across the world. They would have access to the availability of the product which is available and also their best price. Users will be able to purchase the items directly on the website without going to the website of a separate retailer.

Zwoop company started in April 2016 and was a result of five partners who worked in technology. The AI provides the best result of the years of work, as the workers have spent 130,000 hours coding and have more than 40 software engineers. The platform has Testnet in the UK, even though the public will have access to the ICO from the start of next month.

Innovation which sets this platform apart from other is the fact that users can use cryptocurrency for carrying out transactions. According to the report published in the Bitcoin Exchange Guide, one part of the program is about to launch in the fourth quarter of this year.

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Shopin Makes Blockchain History By Collaborating With Qryptos https://ift.tt/2Od9LbL

Blockchain has finally found a way to the government agencies with the recent collaboration of Shopin and Qryptos. This news was officially announced by the government spokesperson yesterday at the press conference of the premiere edition. The company is placed among the most effective TGEs in the history of cryptocurrency.

As the firm continues its mission to create an improved retail economy that authorizes retailers to become stronger by working together and by rewarding shoppers based on the data, Shopin has raised millions during a successful Token Generation Event that ended on April 30.

Partnering With Qryptos And Quoine

Qryptos is a subsidiary of Quoine, one of the largest exchanges in Asia, operating under the Japanese government. It is specially created to give the users a high-class security, ease-of-use, and a rationalized user experience.

Shopin has also officially established the Proof of Concept (POC) in April where it could move tokens on and off in the Ethereum network with the help of an Atomic swap. POC will allow retailers and users to make transactions easily and safely. There will be no waiting time for the users or the retailers and they will be easily allowed to get loyalty incentives and redeeming tokens against recommended product purchases.

The Brooklyn Shopin team is spread out all over the world from Canada, India, Russia, Korea, Tel Aviv, New York, Los Angeles, and Boston; planning to hit Asia in few months.

As per the news published in Medium, Shopin has recently won the “Best ICO” award at the North American Bitcoin Conference, Coinagenda Global, and the “Top 5 ICO” at d10E Seoul and Davos. The company believes that the blockchain digital transformation has only begun, and it will increase the world’s monetary changes and redesign industry principles. It will further improve the environmental output of global firms.

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L&T MF Announces Dividend For L&T FMP – VII https://ift.tt/2LZeTmh

L&T MF has declared the dividend for the Regular plan-dividend option of L&T FMP – VII (August 1095D A). The mutual fund house has announced the record date for the dividend declaration of the scheme to be August 09, 2018.

L&T Mutual Fund has announced that the quantum of dividend for the L&T FMP – VII plan would be entire distributable surplus as on the record date on the face value of 10 Rupees per unit.

The objective of the Closed-ended Debt scheme is to generate regular returns by investing in fixed income instruments usually maturing on the time period fixed for the plan.

The FMP was launched in March 2013. The L&T Mutual Fund scheme’s performance is benchmarked against CRISIL Short-Term Bond Index. The minimum initial investment for the scheme is 5000 Rupees.

Soumendra Nath Lahiri is the CIO, Kailash Kulkarni is the CEO, and Ankur Banthiya is the Investor Relations Officer of the L&T MF scheme with the fund size of 281.95 Crore Rupees.

The Fund Manager of the L&T FMP – VII (August 1095D A) is Mr. Shriram Ramanathan. He has been managing the scheme since January 2014.

Before joining the L&T Mutual Fund, Mr. Ramanathan has worked with FIL Fund Management Pvt Ltd, Zurich Asset Management Co, ING Investment Management, ICICI Ltd, and L&T Ltd. He holds B.E. (Electrical), CFA, and PGDBM from XLRI Jamshedpur.

The NAV (Net Asset Value) of the scheme is 12.6107 as on August 03, 2018, according to The Economic Times.

L&T Mutual Fund has announced the record date for dividend declaration for the L&T FMP – VII (August 1095D A) scheme as mentioned above, according to KJMC. All other terms and conditions of the scheme will remain unchanged.

Earlier this month, the L&T MF house announced the dividend declaration for L&T Business Cycles Fund through an addendum, reported Advisorkhoj. The record date of the dividend declaration was July 20, 2018.

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Regulations From G20 Summit Could Impact Blockchain Industry https://ift.tt/2OJzsBF

Earlier this year, ministers for finance and central bankers met in Brazil during the G20 event. The discussion hosted covered a variety of issues, ranging from investments to international trade. Regulation pertaining to cryptocurrency was also included in the discussion.

Blockchain technology and cryptocurrencies have taken the world by storm. They have since attracted the attention of government legislators and regulators as more and more businesses move into this relatively uncharted territory.

Since this event, the G20 has begun to cast its attention on methods one could use to regulate this relatively new market without stumping innovation. One of the major anxieties stemming from entrepreneurs in this scene is over-regulation that could stifle growth and innovation. However, analysts project that regulation and cooperated effort would be the best means to fast growth in this field.

As reported by Coindesk, a G20 meet is scheduled for the coming November in Argentina. Major bankers and finance ministers are once again positioned to hold a discourse surrounding crypto technology in this meeting. It is imperative that the discourse leads to constructive action from the international community. A lot depends on the interactions between the blockchain community and such global elitist bodies, for this is what helps to bridge a long-term bond between governments and industries.

The G20 was initially framed as a discussion for ministers and national bank governors after the Asian debt emergency of 1997. Since then, it has turned into an entity seeking cooperation among heads of state to address testing monetary issues of the time.

The body can guarantee that whatever regulatory structure takes shape, it remains transnational in nature. This is imperative as issues such as tax avoidance and financial theft insurance rise above national fringes. The said framework would likewise limit the hazard postured by administrative regulation, specifically to countries where firms can abuse clauses with a specific end goal to gain business favours.

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Tezos Price: Steep Increase Despite Nearly no Trading Volume This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

ReddCoin (RDD) Updates ReddID, Bringing It Closer to a Full Public Release This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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रूस के बाद चीन में बढ़े क्रिप्टो हैकिंग के मामले https://ift.tt/2vIbUVl

जैसे जैसे क्रिप्टोकरेंसी में ट्रेडिंग करने वाले निवेशकों कि संख्या में इज़ाफ़ा हो रहा है वैसे वैसे ही एक्सचेंज हैक होने कि घटनाओं से बाजार में चिंताएं भी पैदा हो रही है। हाल ही के एक ताज़ा सर्वेक्षण में सामने आया है कि चीन में चल रहे क्रिप्टो एक्सचेंज को हैक करने की सबसे अधिक शिकायतें दर्ज़ की गयी है। जबकि इससे पहले हैकर्स द्वारा रूस की क्रिप्टो एक्सचेंज को सबसे जायदा बार निशाना बनाया गया है।

एक्सचेंज हैक की शिकायतों में वृद्धि

सर्वेक्षण में यह भी सामने आया है कि हैकर्स द्वारा इस्तेमाल हुए आईपी अड्रेस और उपकरणों का सञ्चालन सबसे अधिक अमेरिकी क्षेत्रों से हो रहा है, जबकि नीदरलैंड, यूक्रेन और रूस भी हैकर्स के प्रमुख ठिकानों में शामिल है। साइबर क्राइम कि रोकथाम और जांच करने वाली आईबी की एक संस्था ने पिछले तीन सालों के आंकड़े सार्वजनिक किये है। जिनसे पता चलता है कि हर साल क्रिप्टो एक्सचेंज हैक कि शिकायतों में वृद्धि हो रही है।

साल 2016 के मुकाबले 2017 में 360 प्रतिशत कि बढ़ोतरी हुई जबकि यही आंकड़ा 2018 में बढ़कर 680 हो गया जिन देशों कि एक्सचेंज में सबसे ज्यादा सेंध लगाई गयी उनमें चीन और रूस प्रमुख हैं। हालांकि अमेरिका में भी साइबर अटैक की शिकायतें तेज़ी से सामने आ रही हैं।

क्रिप्टो वेस्ट के अनुसार साइबर शाखा ने 50 से अधिक ऐसे स्थानों कि पहचान कि है जहाँ से क्रिप्टोकरेंसी एक्सचेंज को निशाना बनाने के लिए हैकर्स एक्टिव रहने का इशारा मिला है। वही तकनीकी रूप से यह हैकर्स उसी प्रक्रिया का इतेमाल कर रहे है जो कि बैंक के डेटा चोरी करने में प्रयोग किया जाता है। शाखा से जुड़े एक अधिकारी ने बताया कि हैकर्स भी अत्याधुनिक तकनीक का इस्तेमाल कर रहे है लेकिन क्रिप्टो एक्सचेंज में सेंध लगाना आसान नहीं होता। जब तक कि ग्राहक से कोई चूक न हो जाए। हाल ही कि जांच में पता चला कि 700 से अधिक मामलों में ग्राहक कि लापरवाही के चलते उसकी जानकारी हैक की गयी थी जिसमें उसने तीन स्तरीय सुरक्षा के मानकों का पालन नहीं किया था।

The post रूस के बाद चीन में बढ़े क्रिप्टो हैकिंग के मामले appeared first on OWLT Market.

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Justin Sun Confirms TRX tokens Now Used In Italy and Spain https://ift.tt/2O6Yolx

In early August 2017, Justin Sun, the founder and CEO of the Tron Foundation, announced that his platform’s tokens TRX would be used in more than 2000 stores in both Italy and Spain. Users can use the payment machine, which has a voucher model. The purchases are done by the customer’s voucher from a store accepting tokens. The vouchers can then be cashed for cryptocurrencies.

The Foundation, originally cryptocurrency platform Bitnovo, trades the TRX tokens in Spain and Italy. The platform is also accountable for letting the customers trade in other cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

A few of the most common market chains accepting TRX in Spain and Italy include FNAC, Game, and Carrefour. Further, the platform stated that it takes its security seriously and as a result, it has appointed a security team.

In addition to this current development, the Foundation has also come up with Tron Virtual Machine [TVM], which has undoubtedly been helpful for the company. The Tron Virtual Machine is suitable with Ethereum Virtual Machine and designers can switch from Ethereum’s platform to Tron’s platform at a less cost. Sun also publicized Project Atlas, which will allow millions of BitTorrent users to be part of Tron’s system. This expansion is measured to be a main one for the community.

About TRON (TRX)

TRON (TRX), one of the largest growing tokens leading into 2018, took a flip after a Reddit post suspected that TRON founder, Justin Sun, has sold over 6 billion TRX over the past three weeks and at present TRX price seems to be rising and attracting new users every year.

As reported by AMB Crypto, Tron has received media recognition for the launch of the Tron Wallet, available on the Google Play store. The application is now accessible for Android users.

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Coinbase Custody Service Is Considering Storage for XRP and More Digital Assets This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

Mindol Plans To Put Manga Animation Blockchain In Japan https://ift.tt/2LXuCCi

Japanese electronics giant, Mindol, has planned to apply Manga animation blockchain in its own country.

Through the patents, Mindol intends to improve the design and structure of blockchain by introducing new circuitries to the processes of distributed ledger technology.

The country has set a mission, Cool Japan, in its movement. It has introduced Mindol which will create new content material in animated videos, cinemas, video games, and music that will help Japan’s cultural broadcasting.

Besides, one of the important features of this mission is that the company has also added a mannequin, which will completely depend on the Ethereum blockchain. Although the choice to use blockchain is huge for many reasons, it will highly support two facets of Mindol which are copyright management and transparency of votes and donations.

Japan has experimented with a document of making important and many cultural concepts and dialogue themes for the nation and even for the world.

Ongoing Content Plans

At present, Mindol is working tirelessly to see, create and promote influencers across media platforms, from bloggers to vloggers. Since designing is a support of Japanese culture, the project is also searching for hidden talent and uncovered the ability of people to create new artworks.

The work will be related to fantasy martial arts cartoon. Once the animation is complete, manga and game character products will be developed and prepared for a worldwide distribution.

Goal Of Mindol

In August, Mindol will officially be listed on cryptocurrency exchange. In October, they will announce the details of their animation project and start their production with a popular artist and doll maker.

In 2019, Mindol will release a novel and comic series. And in 2020, they will sell their comics at the Wonder Festival Winter and begin enjoying their TV animation broadcasts and radio packages.

Mindol has established several goals for themselves with Mindol, Japan’s concepts and cultural stories will exclusively be distributed and strengthening the nation’s success, a spokesperson said to The Next Web.

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Tech Mahindra Is Setting Up Blockchain District In Hyderabad https://ift.tt/2Mj1keh

Blockchain, the emerging technology that guarantees to change the manner in which individuals and organizations transact, giving accommodation and security, is in for a major lift.

While Tech Mahindra is setting up a blockchain locale in Hyderabad, Eleven01 Foundation is building up an exclusive blockchain protocol to suit the nation’s needs, and the Union Government is setting up a Center of Excellence on blockchain here.

Also, the International Institute of Information Technology, Hyderabad (IIIT-H) will make some portion of its protocol development research to the virtual cluster of blockchain area.

Virtual Cluster

Tech Mahindra and the Telangana government signed an arrangement on Friday to establish the Blockchain district, a first-of-its-kind Center of Excellence for blockchain.

At first, it would be a virtual cluster, associating with the partners working in the rising technology. It would have a physical building at a later stage. Tech Mahindra Managing Director and Chief Executive Officer CP Gurnani named it “a cluster of buildings”, which will house start-ups and different stakeholders dealing with the development of the platform.

“Tech Mahindra, as a founding member from the blockchain area, will give platform and technology help to every one of the hatcheries in the locale,” he said.

He declared that at the foundation of the center, on the sidelines of the debut day of an International Conference on blockchain.

Blockchain CoE

The Union Government will set up a Center of Excellence for the technology. To begin with, C-DAC will build up a pilot solution for Property Registration System. If it functions admirably, then it will be taken off to different States too.

Eleven01 Foundation will build up an India-specific protocol that will characterize the benchmarks for utilization of blockchain.

“Despite the fact that we can utilize some global standards being formulated for blockchain, we can manufacture our own as the technology is in starting phases of growth. This can be coordinated to other platforms,” an official involved with the project said.

As reported by BusinessLine, Zebi Data and IIIT (Basar) went into an agreement to monitor fake certificates, utilizing blockchain innovation.

Tech Mahindra and Nucleus Vision reported a partnership to implement blockchain in retail and telecommunications space.

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PR: BodyOne Blockchain Ecological Network Energizes the Fitness Industry This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]

Here Is How Starbucks Will Lead the Way Towards Bitcoin’s (BTC) Global Adoption This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

BitMEX Adds ETH/USD Futures Without Any Major Announcement https://ift.tt/2KraqE2

The BitMex exchange, which was in news for trading a record 1 million bitcoin in 24 hours, recently added ETH/USD futures without making any major announcement. BitMEX is a cryptocurrency derivatives exchange. Traders who spotted this trading pair are of the opinion that this may become the most liquid ETH/USD pair in the crypto market.

Later, CEO BitMEX, Arthur Hayes announced the trading pairs to his 22,800 Twitter followers. The futures contracts facilitate traders to enter long or short positions while either betting for or against the cryptocurrency with a leverage of around 50x. So with just 1 ETH, a trader can enter a position with 50 ETH, while risking liquidation.

BitMEX has been offering traders on its platform ETH/BTC futures for quite some time. However, this pair doesn’t allow traders to use the platform to hedge a position in the market or to easily take advantage of arbitrage opportunities.

BitMEX Offers High Liquidity And High Leverage

The exchange rose to prominence for offering crypto traders a leverage of up to 100x on its BTC/USD futures contracts. Considering the volatility of this flag cryptocurrency, such a high level of arbitrage allowed users to make unprecedented profits or to view their positions getting liquidated quickly.

The BitMEX exchange’s BTC/USD trading pair is the most liquid in the crypto world according to the data that’s available. It has a 24-hour trading volume of over $3.5 billion. Taking into consideration this data, some traders are of the opinion that the ETH/USD pair may soon become the most liquid pair in the cryptocurrency market, as stated in the Crypto Globe report.

Arthur Hayes, a well-known bitcoin bull while speaking to CNBC said that he believes a bitcoin ETF will be passed by the end of this year. He further mentioned that he arrived at this conclusion after going through the U.S. Securities and Exchange Commission’s website.

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अटलांटा में शुरू होगा नया क्रिप्टो एक्सचेंज https://ift.tt/2LTWwjg

क्रिप्टोकरेंसी के बढ़ते दायरे और जड़ जमाते इसके व्यापार से प्रभावित होकर न्यूयॉर्क स्टॉक एक्सचेंज के स्वामित्व वाली कम्पनी ने अटलांटा में नया एक्सचेंज शुरू करने की तैयारी कर दी है। इस नए प्लेटफार्म के ज़रिये क्रिप्टो और फिएट मनी की ट्रेडिंग को दुनियाभर में पहुंचाने का काम किया जायेगा फिलहाल बिटकॉइन को लेकर कम्पनी काफी उत्साहित है। बक्क्त नाम के परिसर से काम शुरू करने वाले इस प्लेटफार्म को न्यूयॉर्क के अलावा अन्य बड़े शहरों में विस्तार करने की योजना भी अंतिम चरण में पहुँच गयी है।

बिटकॉइन की उपयोगिता

गौरतलब है की इंटरकॉन्टिनेंटल एक्सचेंज पहली बार क्रिप्टोकरेंसी की ट्रेडिंग में शामिल हो रहा है। क्रिप्टोकरेंसी के नए एक्सचेंज के सम्बन्ध में पिछले वर्ष से ही रोडमैप तैयार कर लिया गया था। आर्थिक जगत के विषेशज्ञों से लेकर आईटी और वेब मार्केटिंग सभी क्षेत्र के लोगों से विचार साझा किया गया और इसे अंतिम रूप दिया गया। न्यूयॉर्क स्टॉक एक्सचेंज पहले से ही विश्व की आर्थिक व्यवस्था में महत्वपूर्ण भूमिका अदा कर रहा है। ऐसे में क्रिप्टो एक्सचेंज में नए निवेशकों का रूचि दिखाना सामान्य है। प्रेस विज्ञप्ति के माध्यम से कम्पनी ने बिटकॉइन की उपयोगिता के बारे में विस्तार से बताते हुए क्रिप्टो वर्ल्ड में शामिल होने की बात कही है।

क्रिप्टो न्यूज़ के मुताबिक एक्सचेंज अपने सभी मामलों में बिटकॉइन को प्राथमिकता देने पर ज़ोर दे रहा है। यानी एक्सचेंज में ट्रेडिंग के अलावा जो भी समस्याएं सामने आएँगी उन सभी का समाधान बिटकॉइन के ज़रिये किया जाएगा। इस प्रक्रिया में नकदी को धीरे-धीरे प्लेटफार्म से बाहर कर दिया जाएगा। इंटरकॉन्टिनेंटल एक्सचेंज ने नए एक्सचेंज के लिए सम्बंधित विभाग से विनियमन के लिए आवेदन भी कर दिया। जिसके तहत निवेशकों को सरल और सुरक्षित व्यापार का वादा करने की बात कही गयी है। जानकारों के मुताबिक क्रिप्टोकरेंसी एक्सचेंज को विनियमन लागू होने के बाद साल के अंत तक निवेशकों के लिए खोले जाने की संभावनाएं है।

The post अटलांटा में शुरू होगा नया क्रिप्टो एक्सचेंज appeared first on OWLT Market.

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✏️#7 Hula hooping in Germany. Talking about BCH. Feeling better then when I was 20 😂

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source https://www.reddit.com/r/btc/comments/94hp8j/7_hula_hooping_in_germany_talking_about_bch/

NYSE Owner: Bitcoin Should Be in Retirement Funds, Credit Cards, Retail Stores This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]

Bitcoin (BTC) ETF Might Be Possible With the Bakkt Announcement, says CNBC’s Brian Kelly This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

Linda Healthcare’s ICO Under Security Commissioner Radar https://ift.tt/2AFxdMZ

ICO frauds are on high. Linda Healthcare ICO is being looked at for committing a scam. Security Commissioner in Colorado has recently sent a desist and cease notice to the office of Linda Healthcare, located in Florida.

In the last couple of years, considering the number of ICO scams that have been unearthed, ICO market, on the whole, is looking for the trust of the people. Reports are to be believed that about 81 percent ICO launched in 2017 were fraudulent.

Linda Healthcare launched its LNDA token advertised that the users will be able to buy Linda Health Insurance which can be bought with the help of AI using the Blockchain Technology. But the company has been alleged that it didn’t make the consumer awareness about the risk which is associated with the buying of tokens. It has resulted in users being exposed to a risk of losing their investments.

LNDA also stated that their offer is very similar to the crowdfunding campaign, but recently a judge stated that the claims of the company are not accurate. The offer which is presented by the company resembles more to an investment contract. An investment contract is different and has different consequences, legalities, and liabilities.

Judge Norwood, who gave the ruling, stated that the scheme in which someone can invest in any enterprise made to be believed that he or she can attain profits through the investments made from a third party investor or promoter.

The bottom line of the judgment was that the ICO of Linda Healthcare is very risky. According to a report published in Bitcoin Exchange Guide, the cease and desist meant to stand for a long-term given at any time when a consumer pays money into a fund, from which a return is expected through an investment and not through crowdfunding.

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Georgia Residents Can Now Invest In Cryptocurrencies Via Robinhood App https://ift.tt/2vitHTt

The commission-free stock trading platform, Robinhood recently announced that residents of Georgia can now invest in cryptocurrency using the Robinhood app. With this announcement, Georgia users will now be able to trade Bitcoin Cash, Bitcoin, Litecoin, Ethereum, and Dogecoin. They will be able to trade coins in their Robinhood app without changing any settings.

The exchange which emerged as a simple, no-fee way for retail customers investing in the stock market, is now eyeing to roll out crypto trading to various other states as well. The roll-out is relatively slow as the exchange wanted to gauge investor interest in the platform. Things seem to be going as planned for the exchange, as the app has been adding more states at a faster rate.

In order to get clearance for residents to trade in digital coins, Robinhood will have to work with regulations on a state-by-state basis. Presently, trading is available in over 18 states according to the exchange’s support page.

The exchange platform presently acts more as a custodian of cryptocurrencies. A wallet interface is not yet built in and the users do not have access to their private keys. This indicates that users won’t be able to receive or send coins via the app. As of now, users can buy, sell, or hold the currencies. The exchange has however mentioned that it intends to add transfers in the near future.

Future Plans Of Robinhood

Initially, the exchange started cryptocurrency trading with only four states, as reported in CCN. Recently, trading opened in a couple of other states including Iowa and New Jersey. A recent update from the exchange’s blog mentions that with the release of Robinhood Crypto, the exchange plans to continue its mission of making the financial system work for everyone alike.

The exchange with over 4 million users is poised to become one of the largest crypto exchange platforms. It may even topple Coinbase to become the most popular trading platform for Americans.

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Chinese Billionaire Bruno Wu Creating Cryptocurrency Hub in Hartford https://ift.tt/2veoJa6

Bruno Wu, a Chinese Billionaire has devised an ambitious plan of setting up a cryptocurrency hub in the city of Hartford. The project will constitute the development of a FinTech college among other initiatives and cost about a whopping 300 million USD.

Wu, an American billionaire of Chinese origin runs a company called Seven Stars Cloud (SSC) that will focus on developing this unique cryptocurrency innovation hub. The project is being referred to as the Fintech Village.

It was in the month of July this year when this affluent Chinese entrepreneur shared his plans for developing the new cryptocurrency hub. The hub will see businesses and individuals come together and forge alliances on several projects. The collaborations can be related to subjects like machine learning, crypto-related initiatives, and robotics.

Wu’s known-company is seeking for partnership for the crypto, especially with the colleges in the neighborhood. The goal is to create an accredited FinTech college, which can provide official qualifications, courses on blockchain technology and AI (Artificial Intelligence) and is likely to feature in the college curriculum.

Reasons For Choosing Hartford As The Crypto Hub

An interesting point to note is that Wu has chosen the United States for constructing this cryptocurrency hub over China. While it could appear as an unexpected decision, the billionaire mentioned that it makes a lot of sense to develop the crypto hub in Hartford. After all, the city enjoys a proximity to some of America’s premier universities like the University of Hartford, Yale University, the University of Connecticut, and the University of New Haven.

According to Crypto Disrupt, an ambitious project that will require a great pool of talent to be successfully implemented. Besides, the decision seems a sensible one with some of the finest students studying in Connecticut, who want to brush up their fintech and cryptocurrency skills.

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KKR-controlled Avendus Capital In Final Negotiations To Buy IDFC’s Mutual Funds, Securities Units https://ift.tt/2Mmmh80

Avendus Capital, controlled by the US private equity giant KKR, is in final negotiations to buy IDFC’s Mutual Funds and Securities units.

IDFC is in final discussions with Avendus to sell its mutual fund business and broking business in a deal worth between 5,000 crore Rupees and 6,000 crore Rupees.

Avendus initially came forward to buy only the IDFC asset management business by making an offer of 3000-4000 crore Rupees. But, the KKR-controlled firm has now made a formal offer to buy both the mutual funds and securities units of IDFC.

Several other candidates including Reliance-Nippon and Yes Bank showed interest in the deal. However, Avendus has made a better offer. Both IDFC and Avendus Capital refused to make comments regarding the deal.

IDFC AMC ranks No 12 in the Indian mutual fund industry comprising of 42 members. The AUM (assets under management) of the AMC is about 69,000 crore Rupees as of June 2018. Out of the 69,000 crore Rupees, nearly 20,000 crore Rupees is in equities, and the remaining in fixed income.

IDFC Securities witnessed that its derivatives volumes increased by 57 percent and that its investment banking revenue increased by 453 percent year-on-year in 2017-2018.

Both the IDFC’s mutual funds business as well as the Securities business are profitable recording a net profit of 54 crore Rupees and 23 crore Rupees for March 2018, respectively.

This deal between the KKR-Controlled Avendus and the IDFC is expected to help Avendus to become a full-fledged financial services provider in India.

KKR, the New York-headquartered firm which has been investing in India since 2006, bought Avendus Capital two years back. Established as an investment advisory company by Gaurav Deepak, Kaushal Aggarwal, and Ranu Vohra in 1999, Avendus became popular with a sequence of fruitful technology deals, according to The Economic Times.

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SEC Sends Information Requests To Dozens Of US Brokerage Firms https://ift.tt/2M2CClB

In the past couple of weeks, the Securities and Exchange Commission (SEC) sent information requests to U.S. brokerage firms who are involved in cryptocurrency. This step was taken by the SEC to track misconduct that is increasing in the burgeoning market. Hence, this initiative of sending information requests to brokerage firms has taken the center stage in the agency’s scope of work.

The sweeping probe launched by the top U.S. securities regulator examines the brokers’ business practices and how they deal with their clients. It is also making a note of the fees that are generated by these brokerage firms from crypto trading, ICOs, and financing. The SEC in its request to the firms have sought information pertaining to the sales structure, details on personnel and advisors involved, marketing materials, clearing agreements, and more.

The SEC is concerned as in a lot of cases, the retail investors are not adequately educated about the kind of risks involved in the cryptocurrency investment products. The SEC chairman, Jay Clayton, recently described the ICO market as “rife with fraud”.

A Long List Of Actions Taken By SEC

Recently, the SEC took enforcement actions as well with a dozen companies putting their offerings on hold after being issued warnings from the agency. Apart from this, the agency also froze assets of several cryptocurrency firms, suspended trading in companies that claimed cryptocurrency or blockchain dealings, and halted ICOs, as per the Finance Magnates report.

Despite putting the crypto exchanges and their advisers on notice, the regulatory agency, SEC, has failed to dampen the spirits of the booming crypto market. The recent crackdown on the U.S. brokerage firms came just at the moment when these U.S. crypto operators were in a mad rush to create the country’s first regulated venues for tokens that are considered to be securities.

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Starbucks Going Digital Bucks a ‘Very Big Deal’ for Crypto, Says Tom Lee This article was originally posted on Bitcoinist - one of the leading sources for information about Bitcoin, digital currency and blockchain technology. With one of [...]

DigiPulse To De-Tokenise Over 20 mn DGPT Tokens https://ift.tt/2vigFVX

Revamping a business model is not an easy task. Normund Kvilis, CEO of DigiPulse, is doing the same as he has decided to de-tokenize his entire business model.

DigiPulse has more than 20 million DGPT tokens which were sold in the market under 3500ETH. Kvilis stated that for DigiPulse to become a part of digital asset inheritance, it is very important to form values with our services instead of token price speculations.

DigiPulse will be removing all the DGPT from the market over next few months. It will also be delisting the company from the market by offering investors with token holdings, exceed 10,000 DGPT which means that a direct state into the equity of the company. All the remaining token holders will be provided with different options related to the use of DigiPulse platform. This will include lifetime access in some cases.

This move was taken because Kvilis stated that among the 300+ clients, who are on board by the service ever since it went live on 8th July, 4 weeks ago. Only two people signed with the use of platform native token. Rest of the clients have signed up using a normal credit card.

The development from DigiPulse appears to be first of a kind inside the ICO space. It is observing that whether it pursues the same course or not to sit on the radar for many market analyst. A market analysis was quoted saying that it is clear that CEO is looking to do things which are in the best of the interests of the original investors and the business.

According to a report published in ICO Examiner, DigiPulse service is presently offering a free of cost limited crypto-inheritance vault for all users for increasing the user base of the product.

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SBI’s Stake In Clear Markets To Create Cryptocurrency Derivatives Trading Platform https://ift.tt/2LOb0Bg

SBI Holding, the Japanese financial services giant, plans to create a cryptocurrency derivatives trading platform. The company plans to expand its crypto business portfolio by acquiring a 12 percent stake in Clear Markets, and it is scheduled to acquire up to 20 percent in the near future.

Clear Markets is an electronic trading platform operator and developer based out of U.S. It offers over-the-counter derivatives electronic trading services in the U.K., Japan, and the U.S. SBI’s interest in Clear Markets is a step towards creating a cryptocurrency derivatives trading platform to cater to institutional investors.

The exchange platform will facilitate financial institutions to trade more smoothly on the cryptocurrency derivatives market. Clear Markets intends to provide hedging for crypto swap transaction services. This service is important for the handling of financial instruments that use cryptocurrencies and for the handling of cryptocurrencies. While the price of the stake has not been disclosed, it is likely to be worth around $9 million, according to Nikkei Asian Review.

Clear Markets also intend to launch a crypto swap trading service and get a swap execution facility (SEF) license from the U.S. Commodity Futures Trading Commission (CFTC). It also plans to launch a derivatives brokerage in the U.K. and 32 European countries.

According to Cointelegraph, in the past one year, SBI has invested in more than 20 crypto-related projects. The public version of its cryptocurrency exchange was launched by SBI Holdings on July 17.

In terms of cryptocurrency adoption, Japan is one of the leading countries to do so. Around 50 percent of cash trading in cryptocurrency has taken place in Japan as per the CEO of Clear Markets, Mark Brickell. Recently, the JVCEA mandated its member exchanges to place limits on the trading activity of some investors. This was an attempt to prevent investors with small assets from incurring heavy losses.

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Out Of The Loop

Why are people geting baned from r/bitcoin and what is going on with BTC & BCH.

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source https://www.reddit.com/r/btc/comments/94gsct/out_of_the_loop/

Coinex and CET - Leading BCH Exchange

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source https://www.reddit.com/r/btc/comments/94fb6w/coinex_and_cet_leading_bch_exchange/

Double spend relaying ported from Bitcoin XT got merged in @BitcoinUnlimit Kudos to @dagur and all BU devs for the hard work

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source https://www.reddit.com/r/btc/comments/94d61c/double_spend_relaying_ported_from_bitcoin_xt_got/

Flowee has a Hub, a fully validating node. Lots of innovation is going on in the Hub, with the only known fully parallel lock-free validation engine providing massive speed and supporting huge blocks. Current project is on the UTXO bottleneck to support 1000x bigger blocks.

submitted by /u/ThomasZander
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source https://www.reddit.com/r/btc/comments/94cjng/flowee_has_a_hub_a_fully_validating_node_lots_of/

Bitcoin Unlimited merged double spend relaying

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source https://www.reddit.com/r/btc/comments/94d6zx/bitcoin_unlimited_merged_double_spend_relaying/

What can I build for you?

I am transitioning into design/development of cryptocurrency services full time, but I need to be able to finance the development of what I have in mind. So I have a simple question:

What type of web based service would you pay $25 - $100 for? ( ONE TIME FEE )

So far I have come up with the following idea that may appeal to entrepreneurs interested in launching a cryptocurrency "terminal" but I need feedback.

MetaVS is a free service I created to list the price data, social media posts, social accounts, and trading charts of various cryptocurrencies.

I believe we are getting to the point where coinmarketcap like sites will begin charging for API access making it harder to access the aggregated market prices/data.

I am thinking about selling the source code of the MetaVS service for $100, this fee would include installation on a server owned by the purchaser. For an additional $100 I will redesign to fit the branding owned by the purchaser.

Thoughts?

submitted by /u/ICJR
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source https://www.reddit.com/r/btc/comments/94grb4/what_can_i_build_for_you/