HDFC Mutual Funds FMP 1372D September 2018 (1) Unveils

HDFC Mutual Funds FMP 1372D September 2018 (1) scheme, a close-ended income scheme, will be open for subscription from September 26, 2018, to September 27, 2018. The face value of the NFO (New Fund Offer) will be 10 Rupees per unit.

The HDFC Fixed Maturity Plan 1372D September 2018 (1) scheme is a plan under HDFC Fixed Maturity Plans – Series 42. The new scheme has a maturity period of 1372 days from the date of allocation of the units.

The investment aim of the new HDFC Mutual Fund plan is to produce income by investing in debt securities or money market securities and in government instruments maturing on or before the maturity period of the scheme.

The new close-ended income scheme of HDFC AMC offers three options – Growth option, Dividend option and Quarterly Dividend option.

HDFC Mutual Funds FMP 1372D September 2018 (1) scheme will invest 80 percent to 100 percent of assets in debt securities and government instruments with a medium risk profile. The FMP will further invest up to 20 percent of its assets in money market securities with a low-risk profile.

The minimum application amount of the HDFC Fixed Maturity Plan 1372D September 2018 (1) scheme is 5000 Rupees and in multiples of 10 Rupees thereafter. The new scheme aims to gather a minimum subscription or target amount of 20 crore Rupees during the New Fund Offer period.

The FMP is benchmarked against CRISIL Composite Bond Fund Index. The fund house has appointed Anupam Joshi as the fund manager of the HDFC Mutual Funds scheme, according to KJMC.

HDFC Mutual Fund announced the launch of HDFC FMP 1372D September 2018 (1) scheme under HDFC Fixed Maturity Plans – Series 4 and the NFO period in its notice dated September 17, 2018, according to information available in the official website of the fund house.

The notice also states that the investors of the HDFC Mutual Funds FMP 1372D September 2018 (1) scheme may note that the units of the plan will be listed on the Stock Exchange(s) as mentioned in the Scheme Information Document where they can purchase/ sell units continuously.

The post HDFC Mutual Funds FMP 1372D September 2018 (1) Unveils appeared first on OWLT Market.

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Bitcoin ETF News: SEC Begins Reviewing VanEck and SolidX Proposals

The latest news update pertaining to Bitcoin ETF is that the U.S. Securities and Exchange Commission (SEC) announced on September 20 that it has formally begun reviewing the physically-backed Bitcoin ETF proposed by SolidX and VanEck. The SEC will now consider whether it should approve the fund – the VanEck SolidX Bitcoin Trust, for listing on the CBOE BZX exchange.

The timing of this SEC order comes somewhat of a surprise to crypto enthusiasts. The SEC postponed its decision on the said application setting a new deadline of September 30. A lot of analysts were speculating that the SEC is likely to delay its ruling on the fund more than once, until March 2019.

The latest news update as per the SEC order does delay the ruling, but it moved the timeline of the ruling a little since it came before the stipulated deadline of September 30. The proposed VanEck – SolidX fund unlike most proposed Bitcoin ETFs, would hold actual BTC called “physical bitcoin”, rather than cryptocurrency futures contracts. To protect investors against theft or loss of the Trust’s bitcoin, the fund would also maintain comprehensive insurance underwritten by various insurance carriers.

Each share would represent 25 BTC, although the fund would technically be available to retail buyers. The fund would be restricted primarily to wealthy institutions and investors. The SEC did this by design, as it had been especially cautious about making investment products that it considers risky more accessible to unsophisticated buyers, as mentioned in the CCN report.

The SEC provided the latest news update pertaining to the Bitcoin ETF in its order by mentioning that it has received more than 1,400 comments on the proposed rule change. It requested in its order that interested individuals should provide written submissions of their data, views and arguments with respect to the issues that’s been identified. They can also mention any other concerns that they may have with the proposal. The SEC, in particular, has invited written views of interested persons concerning whether the proposal is consistent with Section 6 (b) or any other provisions of the Act, as stated in the SEC order.

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MyEtherWallet Launches Ethereum Wallet Application Called MEWconnect For iOS

MyEtherWallet revealed its new ERC-20 and Ethereum wallet application called MEWconnect recently. Compatible with iOS devices, the wallet application is live now.

Interested users of iOS platform will be happy to know that MyEtherWallet’s new ETH token wallet application is open-source and comes free. The launch confirmation was made by the company in summer this year.

MEWConnect has gone live and users of devices using the iOS such as iPhone 5 and higher versions can find it on their Apple store. The announcement of the Android beta version can be found through the app called Hockey and may be made available for use by the end of September 2018.

Kosala Hemachandra, the Chief Executive Officer and founder of the MyEtherWallet indicated how the development work on the app was offering a chance to the entire team to participate in the mass crypto adoption as well as the transition, which is taking place worldwide.

Incidentally, MEW takes the approach of “you are your own bank” and encourages the users to take charge of their private keys. While the service from MEW has received appreciation for its decentralized features, its critics feel that the private key system may increase risks like fund mismanagement or fund loss on the individual user level, Ethereum World News reported.

Easy To Use And Free Ethereum Wallet App

The CEO of MEW noted that the team has been working hard on perfecting the MEWconnect app. They feel excited to finally offer this easy to use and free app. The app enjoys the same functionality as that of any hardware wallet, CryptoNinjas noted.

The Ethereum wallet app will facilitate users to directly interact with MEW using their mobile phones and be in complete control of their funds and private keys, the CEO noted.  Users can download the app from their Apple store if they are using the iOS platform.

The post MyEtherWallet Launches Ethereum Wallet Application Called MEWconnect For iOS appeared first on OWLT Market.

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Crypto World Welcomes BTSE Crypto Exchange, Multi-Currency Offering Platform

The crypto world gears up to welcome its newest digital exchange, the BTSE crypto exchange, a multi-currency offering platform. This platform is primarily designed to look after OTC trading and crypto markets. The platform is unique as it offers multiple currencies through one book. Also, entities like the Euro, Yen and U.S. dollar all share the same liquidity pool.

Jack Li co-founder said that although there’s some consolidation amongst the exchanges, the crypto industry is still largely localized and fragmented. Thus BTSE intends to offer a multi-currency platform in order to address some of these issues by aggregation of liquidity.

After registering with the BTSE crypto exchange, a user is allowed to select their base currency from a list of 18 currencies. Users are then allowed to trade in their base currency for crypto or transfer any currency to the platform, while all liquidity is sourced from the same USD order book.

Li stated that other exchanges offering multiple books often struggle with liquidity in their secondary books and this innovation intends to resolve that issue. BTSE is in the process of applying for a Virtual Financial Assets Act (VFAA) class 4 crypto exchange license from the Republic of Malta. The exchange has already received the primary approval to operate within their sandbox environment, as mentioned in the Bitcoin Magazine.

The VFAA class 4 license that the BTSE crypto exchange has applied for was originally issued by the Malta Financial Services Authority (MFSA). It issued a consultation document on VFAs regulations to be issued under the Virtual Financial Services Act. This legal notice describes the license classes and divides them into four types of Virtual Financial Assets Act Class (VFAA), as stated in the WH Partners report. The legal notice provides additional information pertaining to exemptions from licensing and advertising requirements, fees applicable for license applications, annual supervision and whitepaper reviews by the MFSA, administrative penalties and appeals and control of assets.

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600 Microseconds - How CVE-2018-17144 was discovered

https://medium.com/@awemany/600-microseconds-b70f87b0b2a6

submitted by /u/awemany
[link] [comments]

source https://www.reddit.com/r/btc/comments/9huu11/600_microseconds_how_cve201817144_was_discovered/

I just want to say how happy it makes me that people on both sides are doing responsible disclosure of critical vulnerabilities. This works out better for EVERYONE.

Both sides of the camp very vehemently disagree with each other and say incredibly unkind things to each other and treat each other very poorly, but I can't even express how happy it makes me that at the end of the day people realize that it is in everyone's best interest to look out for one another. Cory Fields pointed out in his write up that no matter what he thinks about bitcoin cash it is in his and the project he has an affinity for's best interest to responsibly disclose bugs to them because in the future it may turn out to be the case that someone on the other side will have information about a critical vulnerability that he would like to have responsibly disclosed as well. Fast forward to today and here we are. A critical vulnerability was found in bitcoin core and it was indeed responsibly disclosed to them and not kept hidden or sold or exploited.

I don't think I can even express how important this is for both bitcoin cash and bitcoin core. I really hope this continues into the future or we are going to be headed in the direction of an inevitable disaster.

Thank you so much to both cory fields and awemany for setting such a precident on both sides. I hope this continues to be the case into the future.

submitted by /u/_risho_
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source https://www.reddit.com/r/btc/comments/9hvpp2/i_just_want_to_say_how_happy_it_makes_me_that/

Just finished converting my 21 BTC to almost 300 BCH! Left the 1 in a million club for the 1 in 100-grand club!

I'm no troll, just seriously, thank you Roger Ver! He alone is 100% has/is making be believe we can move this thing forward and leave the Core turds with their 7th grade science fair project behind.

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BCH really is Bitcoin, I never thought I'd touch those 21 BTC but I don't see a bright future for that shit show of a blockchain.

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submitted by /u/juicyeggroll
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source https://www.reddit.com/r/btc/comments/9hvm63/just_finished_converting_my_21_btc_to_almost_300/