The Supreme Court of Canadian Quebec accuses the organizer of ICO PlexCoin and the head of DL Innov inc, Dominic Lecroix, in disobeying the regulator - it repeatedly ordered to stop investing money from investors on PlexCoin (the Altocum on the basis of the Etherium). In July, the Commission for the Supervision of the Financial Market of France (AMF) issued regulations prohibiting companies Lecruix and some other projects that are associated with it, to engage in "any form of investment", as well as close all sites related to PlexCoin, and withdraw all advertising .
Many specialists in the developer community are working on a new function called atomic swaps. These swaps completely eliminate the need for third parties to participate in the exchange between blockchains of various crypto currencies and transfer the reins of the trade directly to the user. In recent months, much has been said about the revolutionary idea, known as internetwork atomic swaps. Atomic swaps are a new technology that is still in development, allowing P2P trading between different types of digital assets.
Leading manufacturer of equipment for mining, Bitmain, announced the release of the first products in the field of artificial intelligence (AI). The initiative is being implemented at the Bitmaintech Israel Research Center, the first center of the company outside of China. "We are very proud to be part of the effort to develop software for an artificial intelligence product called Sophon. Our AI researchers focused on creating a computer version and NLP solutions optimized for the Sophon platform, "said Bitmaintech Israel head Gadi Glikberg.
Vitalik Buterin, the founder of the Ethereum, does not particularly believe in most ERC20-based tokens. In fact, he believes that almost all of them will disappear and sooner rather than later. But in general, Buterin is confident that the crypto currency is a bright future, as investors and developers are learning on "tokens 1.0". "This, in fact, tokens 1.0". Speaking at ETHWaterloo, the 23-year-old founder of the Ethereum reminded everyone that 90% of startups fail. Similar can be said about the tokens of the ERC20 standard. According to Buterin, 90% of the coins, which are now listed on CoinMarketCap, will soon depreciate.
One of the operators of the now defunct bitkoin exchange Coin.mx was sentenced to 16 months in prison. According to Reuters, the Ukrainian software engineer Yuri Lebedev, who lives in Florida, was found guilty of assisting in the management of an unlicensed bitcoin exchange. From the time of his arrest to the verdict handed down by District Judge Alison Nathan, more than two years have passed. Initially, he was arrested and charged with violating laws on money laundering. Pastor Trevon Gross, like Lebedev, was found guilty in March, although in the case of Gross he was charged with bribery in connection with the recently closed credit union in New Jersey, which was allegedly used to transfer funds from Coin.mx abroad.
Indonesian crypto-exchange platforms announced the termination of activities in connection with the announcement of the Bank of Indonesia that it does not recognize bitcoin as a means of payment. So Bitbayer, the Indonesian alternative to Bitpay, announced that it will stop providing services from November 1 and invited customers to withdraw funds by the end of October. Toko Bitcoin, which allows its customers to purchase prepaid vouchers for bitcoins, also ceased to accept crypto currency as a means of payment. Bitcoin Indonesia, Oscar Darmawan, the general director of the exchange, said that the termination of the platforms was not the result of direct intervention by the central bank of Indonesia.
Recently, the price of bitcoin exceeded 6,000 dollars, and the capitalization briefly exceeded $ 100 billion. Thus, the alleged state of the anonymous creator of crypto currency Satoshi Nakamoto exceeded 6 billion dollars, theoretically making it possible to include it in the list of the richest people in the world according to Forbes. At the current bitcoin course, 1 million coins, owned by Satoshi, would place him at 237 in the Forbes rating.
At the stock exchange in the United States, the first regulated transactions with derivatives of crypto-currency instruments were implemented: the LedgerX platform confirmed information on the trading of crypto-currency derivatives before the sale to institutional investors in July. On the trading platform LedgerX, there are 176 swaps and option contracts traded in the first week, for amounts over $ 1 million.
In the rapidly developing digital economy, every year there are more and more crypto-currencies and tools associated with them. How to use the opportunities of growing market? How to invest in ICO and how to get to crypto-exchange? Here we present the Complete Guide to ICO. Usually a well-known, stable company with a financial history enters the financial exchange via IPO. ICO is mainly used for crowd-hosting projects, that is, for companies that are just beginning their history. Novice companies can not predict the market's reaction to the fullest. Therefore, the first step for the release of ICO is the pre-announcement of the project.