Day: February 11, 2018

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Exchanges Undeterred by Regulations

A number of new cryptocurrency exchanges are opening in South Korea despite regulatory uncertainty and the inability to accept fiat deposits. The challenge comes from the new system, enforced on January 30, which requires cryptocurrency traders to use real-name accounts to deposit money for trading at crypto exchanges.

While six major banks have the ability to service cryptocurrency accounts, they “have been converting only existing virtual accounts to real-name accounts for four large cryptocurrency exchanges” – Bithumb, Upbit, Coinone, and Korbit. The Investor elaborated:

The banks have also been refusing to issue new real-name accounts for other cryptocurrency exchanges, citing uncertainties and security concerns.

Zeniex

New crypto exchange Zeniex announced last week that it will begin service on February 12. The company explained that its launch “has been delayed by a month due to the latest regulations designed by the Korean government to cool the overheated cryptocurrency market,” the news outlet reported. Initially, the exchange will support bitcoin, bitcoin cash, ether, ethereum classic, litecoin, quantum, eos, bytom, and 0x.

Zeniex CEO Choi Kyung-joon was quoted detailing:

It’s currently difficult to provide our complete services due to delays in issuing real-name bank accounts for trading…Despite these circumstances, we have decided to go ahead with the launch to service our customers who have been waiting for our opening.

With the bank account problem, traders “can only buy and sell cryptocurrencies with bitcoins because major banks are putting off confirming and issuing real-name bank accounts,” the publication added.

Dexko

Another crypto exchange named Dexko announced on Friday that it will start accepting pre-registration of users with the aim to launch its cryptocurrency exchange on March 15, the Investor also reported. Initially, the exchange will support 10 cryptocurrencies including bitcoin, ether, bitcoin cash, litecoin, and ripple. Pre-registration runs from February 5 to 25, according to the company’s website.

The firm will exempt trading fees for a month for pre-registered users at launch, the news outlet detailed. Kim Yong-ho, the CEO of Korea Digital Exchange which operates the exchange, commented:

We worked hard to remove defects and minimize customer inconvenience by conducting in-depth analysis on other exchanges…Dexko has completed all the legal and systematic requirements and is preparing to introduce won-based trading soon.

Chinese Exchanges

Two Chinese exchanges are also planning to enter the South Korean market. Earlier this month, Okcoin reportedly reached a final investment agreement with South Korean game company NHN Entertainment Corp, which was previously part of Naver. “Under the agreement, Okcoin will provide its own trading system and NHN Entertainment will operate a domestic server and respond to customers,” Business Korea described. The company plans to trade more than 60 cryptocurrencies against the Korean won.

Huobi is also planning to enter the Korean market in the first quarter of this year, the publication noted. Before the Chinese government closed down all cryptocurrency trading last year, the two exchanges were among the very largest in the world as measured by volume.

What do you think of these new crypto exchanges launching in Korea? Let us know in the comments section below.

Images courtesy of Shutterstock, IHS, Zeniex, and Dexko.

Need to calculate your bitcoin holdings? Check our tools section.

The post New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits appeared first on Bitcoin News.

At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the fifth installment of my year of cryptocurrency challenge. This week went pretty well, and the market volatility added heated, lively discussion to many of my conversations.

TRY TO SPEAK TO AS MANY PEOPLE ABOUT CRYPTOCURRENCY AS YOU POSSIBLY CAN

The current market volatility, with Bitcoin and most other cryptos hitting their lowest points in recent history, caused many to panic-sell, but it also provided cheaper opportunities to buy in. Here are a few notes from some of my better conversations from the week.

1. My aunt’s friend recently reached out to me because she had been hearing so much about “cryptocoin”, as she put it, and wanted to know where she could buy some. I gave her a brief lesson on cryptocurrencies and why they could be an attractive part of a portfolio or just good for everyday transactions (provided you are using the correct one). While she still saw it as “printing money out of nowhere”, she conceded that the blockchain itself was a good idea. I plan on speaking with her again soon to go over why there cannot be a blockchain without tokens on that blockchain.
2. A friend of my sister got ahold of my email. She’s been fairly interested in cryptocurrencies lately and wanted to know what my purchasing habits and strategies looked like in regards to crypto. Her particular concern was market volatility, somewhere between FOMO and worried about buying high. I explained that I was not giving financial advice (nor should any of you think that I am), but that I like the idea of dollar cost averaging and also putting fiat into a separate account that I know is going to be spent on crypto. I told her that this way I can have larger chunks of cash on hand to make a buy when there is a bigger dip like the one we saw last week.

LEARN SOMETHING NEW ABOUT CRYPTO

I’ve been trying to learn more about token standards recently. Our world is increasingly becoming tokenized, and while everyone “knows” what ERC20 is, I wanted to know how it worked a bit better and what sorts of improvements could be made. This is when I stumbled across an interesting token standard, ERC827. I actually wrote a longer article about it, but I do think it is probably the most interesting thing I learned about this week.

Essentially, ERC827 is an extension of ERC20 (it is completely retro-compatible) that allows for third-party authorization and spending on-chain. It also allows for data (not just value) to be exchanged in a transaction. This is huge, and a really interesting stop gap. I think it might even be more useful than ERC223.

BE GENEROUS – GIVE AND USE YOUR COINS

I tried to buy a pint halfway across the world with Dogecoin, to no avail. I tweeted at my favorite pub in London (named after a dog) to send me their Dogecoin address without success.

That said, I was able to give out some fractions of Litecoin to a few interested friends this week, since it is still way too expensive to send Bitcoin in such small amounts.

Have you been participating? Tweet at us or post in the comments how your resolutions are going!

London-based Oxygen is announcing the launch of its blockchain platform for repurchase agreements (Repos). The repo platform is claimed to be the first of its kind by the project’s leaders who also happen to be the founders of Changelly, an instant cryptocurrency exchange with over 1.6 million users.

Disclosure: This is a Sponsored Article

Oxygen will all give people a chance to maximize the benefits of their crypto holdings, allowing them to earn income, increase the liquidity of their holdings, and get a broader look at the crypto market by getting directional investment views across a range of cryptocurrencies.

The team is headed by CEO Alex Grebnev, an experienced financial markets professional who is an accomplished business leader and has held top leadership roles at the Bank of America, Merrill Lynch and Goldman Sachs.

Monetizing Crypto-assets with Repos

Repos are a way for those interested to raise short-term capital and can be seen as being equivalent to a short-term collateralized loan. This is because dealers provide securities as collateral in return for some agreed upon payment with the dealer committing to repurchasing the securities at a later date and at a higher price, thus acting as an interest payment.

Oxygen is targeting a broad range of crypto asset holders with a variety of economic goals, including token holders that want to earn more income or gain access to capital themselves and crypto investment funds looking to make even more money from their portfolios by lending it to others for interest payments and so on.

A “CryptoRepo transaction” works just like any other repurchase agreement, with the obvious difference being that the exchange involves borrowing cryptocurrency — with the debtor committed to returning the creditor’s cryptocurrency with interest at a future date.

Additionally, because the exchange is done on a platform built on top of the Ethereum Blockchain — it will be able to take advantage of smart contracts — dehumanizing the repo exchange and eliminating any need for trust to facilitate it. Oxygen will utilize decentralized exchange technology to bring crypto investors and traders the full benefits of repo.

Leveraging Smart Contracts To Process Transactions

The smart contract on the Oxygen platform will be a way to clear and settle purchases, essentially acting as an automated clearing house and is a fundamental piece to the project’s transaction processing. All transactions will be recorded on the Ethereum blockchain where users will be able to manipulate and interact with the smart contract using its Ethereum address.

The smart contracts initiates the repo when both the lender and borrower send their respective items (loan assets and collateral) to the smart contract’s address where it locks in the collateral and sends the loan to the borrower and continues to track all ongoing transactions.

Oxygen is supporting all ERC20 standard tokens with a cross-chain solution currently in development. Once the solution is available to consumers, then the project’s team plans to integrate it into the platform — making Bitcoin, Litecoin and other cryptocurrencies available as well.

To learn more or participate in the ICO, visit the Website: http://oxygen.trade/

Most Ethereum enthusiasts have come across the MyEtherWallet service at some point in their lives. It is a convenient web wallet solution for both Ethereum and ERC20 tokens. Moreover, it supports authentication with hardware wallets for additional security. It seems a new era is upon us as far as MEW is concerned. A code “fork” is in order, and it appears the competing service will have a bigger team. Whether or not this is a positive change remains to be seen.

The Road Ahead for MyEtherWallet

Few people are aware that the MyEtherWallet service has been around since 2015. At that time, there was a huge demand for online and secure Ethereum and ERC20 wallet options. Within just a few months, this service rose to the top and became a household name in the cryptocurrency world. The platform has a solid reputation overall and offers a convenient service for its users.

Even though MyEtherWallet has seen a few issues along the way, the service has remained solid for the most part. The site’s code has seen some big updates throughout the years, even though it was a pet project for quite some time. The team even helped resolve some of the issues associated with The DAO’s hack, even though the DAO project itself could not be saved. It did not impact the MEW service in the slightest, though, and the service has remained incredibly popular.

The year 2017 especially proved to be rather interesting for the MyEtherWallet team. With a massive influx of new users and server costs mounting, it quickly became evident the two-man team would not be able to keep up with the work. There were also a few phishing sites trying to trick MEW users into exposing their login credentials, even though most of them have since been shut down. With more ICOs crawling out of the woodwork as well, MyEtherWallet has never been more popular than it is today.

It seems the year 2018 will be a new beginning for the MyEtherWallet service. There will be a stronger focus on safety, privacy, and ease-of-use. Additionally, there will be a company and financial structure in place to legally protect all team members and keep their heads above water. As such, MyEtherWallet will eventually disappear, even though the service will remain online until further notice.

The “new” service will move forward under the MyCrypto banner. A full-fledged team will work to improve the platform, focus on additional security measures, and educate the masses on why services like these matter so much to cryptocurrency users. The MEW domain will remain active, as will the GitHub repository and social media accounts. Users will have the option to choose between MyEtherWallet and MyCrypto, even though it seems the latter service will be more “advanced” in a few months from now.

MyEtherWallet may go offline in the future, though it is highly likely this service will remain operational until the MyCrypto platform is fully operational and thoroughly vetted. Whether or not MyCrypto will be able to “outperform” MEW remains to be determined, but it’s good to have two services based on similar codebases.

Traders are warning of price resistance at $10,000 as Bitcoin makes little progress this week. #NEWS

BnkToTheFuture, the world’s largest online investment platform for investing in FinTech, Bitcoin and Blockchain companies has been facilitating investments in Bitcoin and Blockchain companies with securities law in mind since before ICO’s were born. The platform has so far witnessed investments worth over US$270mln from over 50,000 global professional investors who are very much interested in funding the future of finance and technology. Through BnkToTheFuture, they are investing in the equity of the most valuable FinTech, Blockchain and Bitcoin companies.

Their next challenge for the platform aims to develop a marketplace for trading securities tokens on their compliance-driven platform.  The BFT token sale is now whitelisting for their main sale for those that want to use the BF Token on their new due diligence and investor relations portal. After being whitelisted, members can purchase the BF tokens during its public sale starting February 16, 2018.

What’s so special about BF Token Team?

BnkToTheFuture started investing in the equity of entities some of which have become the most valuable companies in their respective verticals. Some of the familiar companies on the list include the likes of Kraken, BitFinex, ShapeShift, BitStamp and over 100 others. The company has been the early backer of a number of early tokens like Ethereum, MaidSafe, Storj and various other early ICOs or token sales.

The experienced BnkToTheFuture team stayed ahead of regulations, registration and licensing requirements while the rest of the players are sensing the pressure of regulatory enforcement actions. The token is designed to unlock priority access to deals for qualifying members of their platform as well as open up a new due diligence and BFT rewards platform for those that wish to be involved in improving deal selection, due diligence and investor relations with the goal of creating a more transparent market for securities tokens.

Get Whitelisted Now

If you want to participate in the BF token sale, starting from February 16, 2018, you must get whitelisted by 10pm UTC on February 13, 2018. Only whitelisted purchasers are able to take part in the BFT main sale.

How to Get Whitelisted?

Users can get their ETH address whitelisted here, until February 13, 2018. Non-whitelisted addresses transactions will fail if they try to purchase in the main sale. Users are also required to enter the details of their BnkToTheFuture.com account. If you have not yet made an account, you can create one here and upload your identity documents.

Once users complete this step, they can come back to the platform on February 16, 2018, and all whitelisted addresses having BnkToTheFuture Accounts can purchase between 10,000 to 100,000 BF tokens out of total 30,000,000 BF tokens, based on “First Come-First Serve” basis.

The Bottom line

The BFT Public Sale is already anticipating a huge demand. If you want to purchase BFT, you must be ready by the time the public sale starts. Visit https://bf-token.bnktothefuture.com/ to get yourself whitelisted before the time runs out.

The post Few Days Left to Get Whitelisted for BnkToTheFuture BFT Token Sale appeared first on NewsBTC.

There are many ways in which the education system that prevails in most countries is failing students. Top universities are often reserved for the elite and the curriculum being taught at a higher education level is irrelevant, outdated, and cannot compete with the ever-changing necessities of the job market. And all of this comes at a high cost.

Disclosure: This is a Sponsored Article

Students start their professional lives already indebted and what they leave with fails to provide them with real value. There has never been more people with a higher education, yet underemployment is becoming a growing problem, as more and more people are forced to work jobs for which they are overqualified because their courses are not enough.

The startup that is revolutionizing global education

Having nurtured an interest in recognizing how education could be improved with emerging new technologies, Richard Maaghul came up with the On-Demand Education Marketplace solution. ODEM has grown from his experience working with Excelorators, a company that provides short-term learning experiences for international students and executives.

Mr. Maaghul believes in the importance of the classroom experience, since, unlike online education, it goes beyond professional training, and it can provide high-impact academic enrichment and a cultural immersion that can only be achieved through in-person interaction.

That is why the ODEM solution combines the Excelorators’ services and its network of over 200 professors at top universities, with a Blockchain and smart contract-based platform that eliminates the middleman and, with it, unnecessary fees.

The system fosters a direct channel of communication where students can express their needs and professors can create relevant content to answer them. By doing so, both students and professors are empowered and can create a more valuable learning experience.

ODEM has acknowledged that its services are in high demand in the global education market, mainly in Asia, where countries like India, China and Singapore are already looking at education as a strategic field, but also in South America, Africa, and the Middle East. Asian countries are a perfect example of how an investment in education has empowered individuals and how it has benefited the whole country. Major international publications like Forbes magazine, The Washington Post, and The Economist have estimated that technological innovation can turn global education into an industry worth $4.6 to $6 tln.

A cryptocurrency making education more affordable  

All financial transactions within the system will be made with the ODEM Token (ODEMT), which provides access to the ODEM platform and defrays fees in accessing educational programs. It can be bought through the upcoming crowdsale, which is going live on Feb. 17, 2018. It should run until March 19, 2018 or until all 180 mln available for purchase have been sold (whichever comes first).

To ensure that all those participating in the ICO have the right to do it legally, the company is implementing a Know Your Customer (KYC) process to verify the identity of all investors who pre-register on the ODEM website. Anti-money laundering measures will also be implemented.

Polymath, the company bringing the multi-trillion dollar securities market to the blockchain, has announced its security token launch pad is now live. The platform, the world’s first, will be a tool that allows financial companies to create and issue their own tokenized securities. Powered by the blockchain and smart contract technology, Polymath and its unique Security Token Standard Protocol, ST-20, enables securities issuers to create digital tokens to represent shares and other instruments relating to traditional financial assets like private equity, stocks, debentures, commodities, VC funds, real estate, royalties, and insurance. The evidence of ownership of these assets can function far better as tokens. The technology serves as a launch pad or on-ramp for companies who want to create and issue tokenized securities, with the complex technical and legal functions of a token sale, Know Your Customer (KYC) programs, and development built in. From inception to launch day, Polymath has received interest from over 17,000 companies considering using the security token technology.

CEO of Polymath, Trevor Koverko said, “The interest in the security token market has risen dramatically alongside the prominence and power of the blockchain. We are merging this transformative technology with capital markets in a way that increases global accessibility, while letting the technology’s users take steps to decrease trading restrictions like exorbitant fees, long settlement delays, and limited market hours. It was nearly a year in the making, but our mission is finally coming to fruition. Today marks a defining moment in the history of traditional finance and the new economy.”

Over the last several days, one percent of the total token supply was distributed to early members of the Polymath community through an airdrop. 250 POLY tokens were distributed to over 37,000 community members who registered through an AML / KYC process, including submitting their passport, driver’s license, or government ID, and being screened against embargoed countries and the OFAC sanctions list.

In total, 240 million tokens have been distributed to early supporters and airdrop members. The remainder of the tokens will enter the circulating supply over the next three months to four years. The POLY token allows users to interact with the blockchain smart contract protocol. Issuing companies will pay a certain POLY fee to create and distribute their tokenized securities on Polymath. Legal delegates, KYC providers, and smart contract developers are also able to stake POLY to provide services on the platform. POLY is an ERC20 standard token that can be used and transferred in a peer-to-peer fashion.

“Projects like ours and tZERO’s are trailblazing the path for the security token industry, making it possible for small businesses to large corporations to diversify their assets, and enhance public access to such assets,” Koverko explained, “Features of the technology include tools allowing security issuers to develop the ability to pay dividends, govern management, conduct proxy votes, and collect fees — it is a neutral technology that can be used for various purposes. With over two billion adults in the world currently unbanked, we are building a platform like no other. Legal delegates, KYC providers, developers, companies, and individuals can all use this tool to decide how they wish to contribute toward the security token movement”

Polymath recently reached the user cap for Telegram, maxing out at 50,000. Since then, Telegram has increased max capacity to 75,000 and Polymath is continuing to grow its user base.

About Polymath

Polymath Inc. (“Polymath”) is the industry first security token launch pad disrupting the multi-trillion dollar securities industry by creating an open platform that gives global businesses access to the blockchain, smart contracts, and token creation technology. The platform provides the technological underpinning for use by issuers who wish to create security tokens and other evidence of ownership. Polymath’s mission is to become the open-source standard for use by those launching securities tokens. During the first week of February, 2018, the Polymath platform went live.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Getting paid in Bitcoin or other cryptocurrencies makes sense for a lot of people; freelancers tend to benefit from this new form of money. In the sports industry, it seems there is far less interest in cryptocurrency right now. Canadian speed skater Ted-Jan Bloemen is a clear exception in this regard. His new sponsorship with ONG Social ensures he gets paid in the native digital currency. Bloemen is also competing at the Pyeongchang Olympics, which makes this deal even more intriguing.

Bringing cryptocurrency to the masses will not be easy whatsoever. Most people simply don’t care enough about this new form of money. It is rather surprising to find out one of the Winter Olympics speed skaters is a different breed in this regard. Ted-Jan Bloemen seems merit in digital currencies, partially thanks to a one-year sponsorship with ONG Social. This project is a social network and cryptocurrency community packaged into one.

An Interesting Choice by Ted-Jan Bloemen

Moreover, Bloemen will share his Pyeongchang journey on ONG Social as well. He is also appearing in a VR experience on CEEK VR, another platform which sponsors him during this journey. In exchange for these participations, Bloemen will be paid in cryptocurrency. This correlation between traditional sports and digital currencies creates an interesting precedent. Athletes can elevate VR and new social platforms to new heights just by being present.

CEEK VR CEO Mary Spio comments as follows:

“Bloemen’s support for cutting-edge technologies is reflective of his proclivity for pushing the boundaries. We believe Virtual Reality isn’t just great for our audience (Ceekers) but will ultimately be used for training and maximizing player performance and potential.”

Unlike what people may expect, Bloemen isn’t too worried about the volatility of digital currency. He is not getting paid in Bitcoin or any of the other major currencies. Instead, it seems ONG Social has its own currency. At the time of writing, we do not know how many coins the Canadian speed skater will receive exactly. All things considered, this is a fun and exciting partnership for all parties involved. Whether or not cryptocurrency has a bright future ahead in the sports industry, remains to be seen.

The post Ted-Jan Bloemen: Olympic Speed Skater Lands Cryptocurrency Sponsorship appeared first on NewsBTC.

Messengers today are one of the most convenient communication tools, for this the number of messaging apps’ users are growing every day. However, not everyone has confidence in current messaging apps, and it is reasonable because of the secure of a data transmission process – a priority feature for most smartphone users.

Generally, most messengers don’t have open Source Software, as a result it is not possible to be ascertain that the software is not containing “backdoors” or other “bookmarks” to transfer user’s information to third parties.

In addition, almost all instant messengers request an access to the address book of the device, camera, microphone, location, and moreover, it is necessarily required personal identification using a phone number or e-mail frequently connecting the messenger account with accounts in social networks.

Thus, companies got full information about user, including the content of messages, located at their processing centers. They motivate their behavior by increasing the software product convenience, without taking into account the fact that this approach creates a threat of leakage and unacceptable use of personal data at all processing stages.

The founders of the ADAMANT project, following the idea of protecting the transmitting user data via instant messengers, have created the most secure and anonymous messenger encrypted into an independent blockchain system, featured by advanced technologies and extra functionality, such as integrated payment system.

Introduction to the ADAMANT project and its key features

One of the reasons for the current cryptocurrency collapse is the fact that they are not reinforced by anything except speculation. Real use of the blockchain is almost never met. ADAMANT is an unusual project where blockchain technology applied for its intended use of distributed database technology.

The ADAMANT messenger is based on the concept of a secure blockchain, and its program code is open, so anyone can conduct his own independent audit, and make sure that the user’s information is not transferred to third parties and is fully-protected.

All data in ADAMANT are remains decentrally in its proprietary blockchain and encrypted by user’s device, decrypting only by the recipient. This process is provided by modern cryptography systems. It means, that even the developers do not have an access to user’s data. Even the entire history of messages is stored not on the device, but in the secure blockchain.

The ADAMANT messenger does not require an access: to the address book and the location, user IDs (phone numbers, email addresses, social network accounts, payment details). All user’s personal data is as secure as possible and cannot be transmitted anywhere or to anyone.

The ADAMANT platform is not a solution only for personal usage, but also remains a convenient, strong and effective business tool. In addition to the messaging and data transferring as the immediate goal for instant messengers, ADAMANT Business includes facilities for verification and authentication (such as digital signing), Blockchain-based Workflow (such as documents and files with digital contractual relationship), token transfer for compliance with obligations and payment procedure and making “in-house” payments via tokens and converting them into fiat.

Comparing ADAMANT to alternative solutions

Due to the fact that the main features of ADAMANT are safety and anonymity, in subsequent comparison of messengers, these features are taken into account as a main advantage. The ADAMANT already has a web version, the messenger is also available for iOS and has successfully been tested in Apple’s TestFlight. Moreover, ADAMANT is planned as a mobile application for Android (it is at production stage now). So, the messengers, that are taken for comparison in the table, corresponding to all the above conditions.

Comparison of ADAMANT and alternative messengers

Thus, it is worth noting that ADAMANT is the most secure and anonymous messenger. ADAMANT already exists as a progressive cross-browser web application, with no installation needed. You can get acquainted with the benefits of platform for free right now, moreover after creating a wallet, users will be credited with “welcome” tokens.

At the moment, the web version of ADAMANT allows to send encrypted messages, receive notifications, store and transmit tokens, receive information about the status of the blockchain, etc. To install and try IOS version of the messenger first of all you should get the test key, then to install the TestFlight app in the AppStore, and after it to enter the received key (it may take up to 24 hours) to end the installation of the ADAMANT messenger.

The ADAMANT project token and its profitability

ADAMANT platform has its own payment unit in the format of an ADM token. The main purpose of ADM is to provide messenger ecosystem via fees for messaging, data transferring, processing operations and additional system functions.

It should be noted, that the project’s token is not effected by third-party services, as far, as ADAMANT platform is built on an independent blockchain. Also, the ADM token has benefit of high transaction speed (5 seconds block time) and convenience (through direct transfers within chat window).

In terms of the participant’s reward, ADM token is assigned to the owners of ADM for their storage in ADAMANT wallets. For example, tokens that do not sell for ICO will be distributed proportionally among the current owners of the tokens. Users who keep ADM tokens in their wallet will receive a reward each month in proportion to their number.

Before total amount of unsold tokens would be used up, the owner’s count of tokens will grow by 5% every month. Thus, founders of ADAMANT stimulate to refuse speculative sale of tokens at digital exchanges (feature will be available after the end of the ICO), in favor of their accumulation.

Terms of sale of ADM tokens

The main phase of selling ADAMANT tokens (ICO) is currently undergoing (since January 30, 2018 till March 30, 2018). Ongoing ICO terms offer a competitive condition –  ADM tokens are proposed at an attractive price – 1 ADM = 0.002 ETH.

Further, during the next phases of the ICO, tokens will be available at a higher price: 0.003 ETH (since February 15, 2018 till February 28, 2018), 0.004 ETH (since March 1, 2018 till March 14, 2018) and 0.005 ETH (since March 15, 2018 till 30 March 2018). At the same time, presale requires a minimum investment of 2 ETH, however during the ICO this restriction is not required. Token sale participants are also offered bonuses for buying higher volume of tokens and for project promoting in social networks.

The total amount of tokens produced is limited with 73 500 000 ADM (75% of the initial emission). Finished Crowdsale brought for about $ 500 000, and was highly appreciated by the community of Crypto-Investors. It is also worth noting, that a huge number of tokens (102 million ADM, in addition to the initial emission) are intended as a reward for network support.

The ADAMANT project also provides an opportunity to connect to its referral campaign. How does it work? First of all, you should contact the project’s team through the ADAMANT messenger and get the unique referral link. Then you should specify this link on your information resource (blog, media, banner) to any ADAMANT’s official website page. If the investor came by your link, you will receive 10% of the investment amount. Referral bonuses are paid every two weeks.

To sum up, it is obvious that founders of ADAMANT platform laid a fundament for ADAMANT cryptocurrency growth due to effective rewarding algorithm stimulating participants to support the growth of the platform and because of gainful ICO conditions. By purchasing the ADAMANT token now, the buyers receive discounted price and maximum profitability by means of long-term storage of ADM token in wallet.

More information about the messenger, about its features and ICO terms, you can find at the official ADAMANT website, where you can also get acquainted with the Whitepaper and take part in the ADAMANT ICO.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Globex SCI project is the world’s first platform that helps to exchange of research papers, scholarly manuscripts, public data, experimental, clinical data and test results and other scientific information among scientists using Blockchain technology. The project aims to create a community in the framework of which scientists from all over the world can support each other.

Opening new prospects for the mankind worldwide

As the project’s team is consists of scientists in the field of medicine, Blockchain developers, and senior managers, the main focuses of the project are medicine, blockchain and large data researches. This is a first of its kind symbiosis of medical knowledge and benefits of Blockchain technology that can help to make serious steps towards new discoveries. Moreover, the mechanisms of the Globex SCI ecosystem will allow predicting the future success of scientific works.

To start earning on scientific works, authors just have to pay entry fee and then publish their research papers. That’s it. Then authors get paid research papers based on readers’ votes, while keeping their intellectual property rights intact.

Currently until the Globex SCI platform prototype is in the development, the team is negotiating with the Nature publishing Group to buy their archives to be placed at the Globex SCI platform.

Globex SCI token pre-sale

Globex SCI project has a groundbreaking potential for scaling up once more and more people are joining the chain.  New GSI token is the key to using the GlobexSci platform and will be used to access the research and development blockchain platform. The crowdsale of the GlobexSci platform’s token will have two stages: Pre-ICO and ICO.

The first stage of the crowdsale, Pre-ICO that has started on December 6, 2017, will last for one month. During the presale investors can get a special 30% discount for tokens.

All funds raised during the Pre-ICO will be used to launch the project, so that at the ICO stage the team would be able to present ready-made developments on the project to the community and investors.

To find out more visit GlobexSCI.io website and GlobexSCI ICO page.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Gibraltar will introduce the world’s first ICO regulations in the following weeks, reacting to the growing numbers of token sales. #NEWS

It has become evident that some things are not adding up for the BitGrail exchange. Not too long ago, the company made an unpopular decision to shut down the service for all users outside the EU without much in the way of prior warning. Earlier this week, the company allegedly lost US$170 million worth of cryptocurrency due to a hack. It is only normal that people would start to speculate this may not have been a hack after all, although there is no real evidence to support such speculation.

What is Happening to BitGrail?

The decision to limit the BitGrail exchange service to European users was rather controversial. A lot of people are not too happy about this decision, mainly because they had no say in the matter. Moreover, they were forced to liquidate all of their Nano – formerly Raiblocks – holdings and withdraw money in Bitcoin only. At that time, a lot of people feared the exchange owner might attempt to pull an exit scam, although no evidence has ever been provided to back up such claims.

Things only get more confusing now that the exchange has apparently “lost” US$170 million worth of Nano due to a hack. While the timing of this incident is rather interesting, we will have to wait and see whether or not there is an actual hack to speak of. According to the exchange’s owner, the police are already on the matter and an official investigation is underway as we speak. There is no reason to doubt the owner’s credibility in this regard.

What makes this situation even more remarkable is the fact that BitGrail offers a large number of other currencies. For some reason, only the Nano currency was affected by this hack, as the thieves didn’t steal any of the other accessible funds. While it is true BitGrail holds a significant amount of Nano – or held, anyway – it is unclear why the “hacker” didn’t go after all the money in one go.

All withdrawals and deposits to and from BitGrail remain suspended until further notice. It is unclear how long it will be until the service resumes its operations. It is not the first time a cryptocurrency has gotten hacked, mind you, and it will not be the last. Centralized exchanges are a major security concern when it comes to cryptocurrency trading, and the need for decentralized peer-to-peer solutions is only becoming more apparent as time progresses.

Additionally, some users are wondering whether or not BitGrail will reimburse them for their losses. The way things stand right now, that seems highly unlikely, as it is doubtful the company has another US$170 million in reserves to cover these losses. We will have to wait and see how this situation evolves, as this latest “hack” may put BitGrail out of business for good. Given all of the negative speculation surrounding this exchange already, this may very well be the final nail in the coffin of the Italian exchange.

As one would expect, the news has impacted the Nano price in a negative manner. With a 6.63% drop in the coin’s dollar value and a 13.59% decline against Bitcoin, it’s evident someone is pushing the XRB price down as we speak. With Binance leading the charge in terms of trading volume, it is unclear if some of the stolen funds were moved there. The latest price recorded on BitGrail is certainly a lot lower compared to all other exchanges, even though there’s only US$3 million worth of daily volume to speak of. With US$170 million to be potentially liquidated on the market over the coming days, things are not looking all that great for Nano.