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Kava is an open payment system for cryptocurrencies built on the interledger protocol (ILP).
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Kava mainnet showcases first DeFi app on Cosmos Network

Kava Labs, a cross-chain decentralized finance (DeFi) platform, announced today it has launched its anticipated mainnet following the successful final testing of the Kava Testnet 3000. The mainnet launch will see the Kava governance structure, as well as live KAVA token trading, laying the foundation for the upcoming launch of the Kava CDP module, which […] CryptoNinjas: Kava mainnet showcases first DeFi app on Cosmos Network

IEOs Are Not Dead: Kava Reached 180% ROI On Binance Early Trading

Binance has just completed its most recent Initial Exchange Offering (IEO) called Kava. The event brought a return of around 180% which is a shadow of what IEOs used to generate in the not so distant past. It also highlights the fact that if Binance is to keep these exchange offerings live, it needs to keep selecting quality projects in order to retain the interest of the investors and to make sure they won’t incur losses. The KAVA IEO On Binance Launchpad: 180% ROI The Binance Launchpad just completed its most recent IEO called Kava. The project had a hard cap of $3 million and sold KAVA tokens at a price of $0.46 each. 6.52% of the total token supply was distributed during the sale. Upon opening the trading session, the token surged in price. Against USDT, it was trading at around $1.2, which is pretty much its current all-time high value. This is an increase of around 180% KAVA/USDT. Source: TradingView As it can be seen on the chart, the price pulled back almost immediately after and KAVA is currently trading at around $0.77. Despite the drop, the price is still up around 70%. So far, it’s worth noting that every subsequent IEO on Binance has brought returns lower than the previous one, with a few exceptions. This is definitely a reason to worry because a lot of the people who are buying in those projects are doing it for the quick returns. A Quick Recap And A Look Into The Future Binance Launchpad started off as something particularly interesting and it yielded serious returns for those who participated in it, especially at the beginning. Projects like TRON’s BitTorrent, Fetch.AI, Celer, Matic, and even Elrond, all brought some very serious returns to their investors. However, it didn’t take long for the things to cool off. After numerous changes in the minimum token holding requirements, as well as the allocations per winning ticket and their overall numbers, Perlin’s IEO only had 5% of the participants win. Naturally, people were disappointed. The IEO before this latest one was Band Protocol. It gave investors a return of around 380% but is already trading in the red and below IEO price. All of this shows that returns from different Binance Launchpad IEOs are getting lower. Binance has to make sure that the projects that they pick up are interesting and credible in order to keep the interest and prevent them from dying out. However, it’s also worth noting that the entire market is at a crossroads at the moment and a lot of the cryptocurrencies are incurring heavy losses, which surely has an impact on IEOs as well. The post IEOs Are Not Dead: Kava Reached 180% ROI On Binance Early Trading appeared first on CryptoPotato.

Startup Kava Ready To Raise $3 Million Through IEO On Binance

A few days ago, the Binance cryptocurrency exchange announced the Kava (KAVA) token sale on the Binance Launchpad. This is one of the many projects that conducted an […] The post Startup Kava Ready To Raise $3 Million Through IEO On Binance appeared first on UseTheBitcoin.
Use The Bitcoin

New Defi Project Kava to Launch its Token on Binance Launchpad

Coinspeaker New Defi Project Kava to Launch its Token on Binance LaunchpadIt is announced that the decentralized finance (Defi) platform Kava is set to sell its tokens on the Binance Initial Exchange Offering (IEO) platform popularly referred to as Binance Launchpad. The event will start on the 23rd of October, 2019. The sales will involve a lottery and an airdrop. The IEO will feature the KAVA token at $0.46 and will also include 6.52% of the total tokens available. The event will also include an airdrop of $150,000 with a total of 326,087 tokens for the event. Based on the daily average BNB calculation method, the lottery will be the first event to take off while the Airdrop follows thereafter.Kava is known for its popular cryptocurrency swap application Switch which enables near-instantaneous swaps of cryptocurrencies that are based on different blockchains. Kava is also in the process of developing an XRP backed stablecoin and a PoS blockchain which will include many different kinds of cryptocurrency tokens in the Cosmos ecosystem and also improve defi services that can be delivered.This IEO is sure to attract many investors for several reasons. Firstly, Changpeng Zhao or CZ as he is popularly called has been doing quite a bit of work in the crypto space with the different kinds of innovations that are occurring within Binance at the moment. This has created the special “Binance-Effect” which has been carried over into the different platforms that are currently operated by Binance.Secondly, this era of decentralized finance has also brought to bear the need for different kinds of collaborations and projects. This can be seen by the projects that Binance has allowed on the Launchpad and other platforms. Defi may be a nascent industry but it is going to be the next big thing and will change the way we as human beings exist. KAVA is already proving to be one of those uniquely important projects that can cause people to make that bold leap into defi.Thirdly, out of all the IEOs on different cryptocurrency exchanges, those that occurred on the Binance Launchpad have had the greatest ROI. This goes to show that the phenomenon being experienced is beyond the so-called “Binance effect”. Binance is definitely doing something right when it comes to selecting the projects that will run on their platforms.As such, the other cryptocurrency exchanges such as Gate.io, OkEx, Huobi, Kucoin, and others haven’t had the 100% ROI threshold that Binance has had. At least not yet. This event is the tenth offering that has occurred on Binance’s launchpad. The preceding offerings had so far raised about $49 Million. Kava on its part has been excited to work with Binance on this round of financing and indicated so in a tweet. Sources indicate that Kava has raised to have raised $5.48 Million in a previous financing round with investors such as Ripple and Arrington XRP Capital, and so on.New Defi Project Kava to Launch its Token on Binance Launchpad

DeFi project Kava looking to raise $3M via IEO on Binance Launchpad

Kava Labs, a decentralized finance (DeFi) project that offers collateralized loans and a stablecoin, is looking to raise $3 million via an initial exchange offering (IEO) on Binance Launchpad, the exchange’ token sale platform. The IEO opens on Oct. 23, at an issue price of $0.46 per KAVA token, according to information on the Binance Launchpad website. Kava is looking to offload 6.52% of its total token supply for the IEO. Previously, Kava Labs has raised a total of $5.48 million in three private token sales. It is backed by notable investors, including Ripple and Arrington XRP Capital, among others. Kava's IEO is the tenth token sale on Binance Launchpad, according to The Block's research, and the previous nine IEOs have raised a total of $49 million. Source: The Block Research  IEOs have become a theme of 2019, with around 270 blockchain projects raising funds via the method so far, according to The Block’s research. And out of the 35 IEOs launched on legitimate exchanges, nearly 90% of them have lost more than half of their value compared to their all-time highs. Binance, which popularized the concept of IEOs, by far has had the highest average USD return, while Bittrex the lowest, per The Block’s research.
The Block Crypto

Binance Launchpad welcomes KAVA Token to its list of high RoI tokens

According to a recent announcement, Kava Labs’s KAVA token will be launching on Binance Launchpad via the airdrop format on September 23, 2019. A total of 326,087 KAVA tokens (approx 150,000 USD) will be airdropped, with the public sale token price at $0.46. With a total cap of 100 million, Kava Labs will be the […] The post Binance Launchpad welcomes KAVA Token to its list of high RoI tokens appeared first on AMBCrypto.
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Daily Crypto News - Monero Site Hacked | Fidelity Gets Licensed | SLP Postage | LocalCryptos | More!

Daily Cryptocurrency News: November 19th, 2019 - Bitcoin, Ethereum, & More Crypto Content! Topics Include: ► Price Overview ► Monero Malware Warning - https://twitter.com/DarkDotFail/status/1196668999519657984 ► Greyscale Bitcoin Trust's SEC Filing - https://medium.com/grayscale-investments/gbtc-sec-filing-8b4cb229088 ► Coinbase & Coinbase Pro To Migrate DAI/SAI - https://blog.coinbase.com/coinbase-and-coinbase-pro-plan-to-support-multi-collateral-dai-514407679b86 fI ► Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions - https://medium.com/@FidelityDigitalAssets/enabling-institutions-to-access-a-new-medium-for-assets-b9d8329c8766 ► Announcing LocalCryptos - https://blog.localcryptos.com/announcing-localcryptos/ ► Dash Evolution Open-House - https://www.dash.org/evolutionopenhouse19/ 😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜! 🚩 Remember to subscribe and hit the bell "🔔" icon, so you don't miss your daily cryptocurrency news! 👉Sign-Up For BlockFi & Earn Interest On Your BTC/ETH Every Month: https://blockfi.com/?ref=1ed0f176 -~-~~-~~~-~~-~- 𝘞𝘦 𝘥𝘰 𝘰𝘶𝘳 𝘣𝘦𝘴𝘵 𝘵𝘰 𝘮𝘪𝘯𝘪𝘮𝘪𝘻𝘦 𝘢𝘥𝘴, 𝘢𝘯𝘥 𝘦𝘭𝘪𝘮𝘪𝘯𝘢𝘵𝘦 𝘴𝘱𝘰𝘯𝘴𝘰𝘳𝘴𝘩𝘪𝘱𝘴 𝘰𝘯 𝘵𝘩𝘪𝘴 𝘤𝘩𝘢𝘯𝘯𝘦𝘭, 𝘴𝘰 𝘵𝘩𝘢𝘵 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘳𝘦𝘭𝘺 𝘰𝘯 𝘵𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘺𝘰𝘶 𝘨𝘦𝘵 𝘩𝘦𝘳𝘦. 𝘐𝘧 𝘺𝘰𝘶'𝘥 𝘭𝘪𝘬𝘦 𝘵𝘰 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘵𝘩𝘪𝘴 𝘦𝘯𝘥𝘦𝘢𝘷𝘰𝘳: ⭐ Please Support The Channel On Patreon - https://goo.gl/vpX5sW ⭐Please Support The Channel On YouTube - https://bit.ly/2I4omX2 -~-~~-~~~-~~-~- 💓𝐂𝐫𝐲𝐩𝐭𝐨 𝐃𝐨𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐀𝐥𝐬𝐨 𝐀𝐫𝐞 𝐑𝐞𝐚𝐥𝐥𝐲 𝐀𝐩𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐞𝐝 (𝐀𝐧𝐝 𝐏𝐫𝐞𝐟𝐞𝐫𝐫𝐞𝐝)! 💎►Donate Ether and Ethereum-Based Tokens: 0x1466032B4F0F13910DA35B16371807428CB40714 💎►Donate Bitcoin: 3JKQycXHdD5yqSRTf5VabM28Ff9AfXYcJD 💎►Donate Bitcoin Cash: qrsq45lsrumctyu98mgjgc0qjaleng2jdgau3qz90x 💎►Donate Dash Xn1sUfFDkZAwArJ6mtJUYVLndnmXctxA1L 💎►Donate Monero 463EDu2cqU4ASxLVVKYkVMbk1Nz6TQyy9Wt8b3D5CdJjZh9JukZNGUyLvbJnXoJNRXTN98cSpLSRVN2bYoDTmsxkJSUKtmy 💎►Donate Using Paypal: https://goo.gl/7m1X4Z -~-~~-~~~-~~-~- (っ◔◡◔)っ 𝙈𝙐𝙎𝙏 𝙃𝘼𝙑𝙀𝙎 ► Ledger Nano S Crypto Hardware Wallet - https://bit.ly/2TQG8PZ ► Personal Book Recommendations, Crypto Clothing, & More - https://www.amazon.com/shop/obham001 ► Crypt0 Merch - https://bit.ly/2uHudK4 ►The Brave Browser (Fast Browser That Will Pay You In Tokens If You Choose To View Ads): https://goo.gl/NpNa53 -~-~~-~~~-~~-~- 🚀𝙁𝙊𝙇𝙇𝙊𝙒 𝙐𝙎 ► Steemit - https://goo.gl/YNAK2u ► Facebook - https://bit.ly/2FSR5gb ► Reddit - https://www.reddit.com/r/crypt0snews/ ► Instagram - https://goo.gl/tV9kZh ► Twitter - https://goo.gl/fY2W2k ► Soundcloud - https://bit.ly/2uGY3hF ► Twitch - https://bit.ly/2FSFu0i ► Sticher - https://www.stitcher.com/podcast/omar-bham/crypt0s-news -~-~~-~~~-~~-~- **Nothing I state, share, express, or allude to should be considered professional advice or recommendations of action. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. Consult a professional (or two...or more) for any tax, accounting or legal related questions you may have. #bitcoin #ethereum #cryptocurrency #blockchain #crypto #economics #investing #trading #futurism #cryptonews #btc #eth #eos #litecoin #technology

Grayscale Files to Make Bitcoin Trust First to Be Regulated by SEC

Grayscale Investment has submitted a filing with the U.S. Securities and Exchange Commission (SEC) that could change the status of its popular bitcoin investment product.  On November 19, 2019, the company filed a securities registration form with the SEC which, if approved, would see its popular Bitcoin Trust product become the first-ever digital currency investment product to be regulated by the SEC.  The Bitcoin Trust was initially launched as a way to give more investors exposure to bitcoin with some barriers to entry eliminated, like the need to protect your own private keys. The pursuit of regulation by the SEC through this voluntary filing appears to be an effort in the same vein. “This filing is the latest step on the road to regulatory maturity for digital currencies,” according to a Grayscale press release sent to Bitcoin Magazine. “After creating the first FINRA-regulated Bitcoin investment product, Grayscale once again is leading the industry in facilitating responsible regulatory oversight of the asset class. If the SEC approves the filing, the structure of the Bitcoin Trust would not change, nor would its regulatory classification. “This is a voluntary filing that, if deemed effective, would designate the Trust as an SEC reporting company and register its shares pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),” the press release reads. An SEC reporting company is also called a “reporting issuer.” By becoming a reporting company, Grayscale would likely be subject to periodic and ongoing disclosure requirements designed to keep investors informed on major updates concerning their investment. Potential Changes for Bitcoin Trust Investors Following approval from the SEC, accredited Bitcoin Trust investors would see a reduction in the statutory holding period for their investment from 12 months to six months, giving them liquidity sooner. This means that investors who had previously purchased shares in the trust’s private placement could resell them on the secondary market within six months. The trust would also be changing how it files quarterly and annual reports. With SEC approval, it would have to file its reports and audited financial statements as 10-Qs and 10-Ks — specific report templates as designated by the SEC.Grayscale’s Bitcoin Trust became the first publicly traded bitcoin fund in 2015 (as the Bitcoin Investment Trust), having received approval on the OTC Markets Group’s OTCQX exchange. The company, which is behind a significant “Drop Gold” advertising campaign, has seen its bitcoin product rise in popularity since its launch. Per a recent quarterly report, Grayscale attracted $254.9 million in net investments for its products, with two-thirds of the inflows secured attracted by the Bitcoin Trust. The post Grayscale Files to Make Bitcoin Trust First to Be Regulated by SEC appeared first on Bitcoin Magazine.
Bitcoin Magazine

Monero Website Hacked, Downloads Infected with Crypto-Stealing Malware

The official Monero website has been hacked and versions of its downloadable Command Line Interface (CLI) software have been infected with XMR-stealing malware. A security warning was sent out on Twitter alerting users that “CLI binaries available on http://getmonero.org may have been compromised at some point during the last 24h. Investigations ongoing.” #Monero Security Warning: CLI binaries available on https://t.co/UYopePqqdo may have been compromised at some point during the last 24h. Investigations ongoing.https://t.co/BqnONy4PPg — Monero || #xmr (@monero) November 19, 2019 Shortly thereafter, Monero’s core development team confirmed the incident on Reddit, admitting that the infected files had been served from the website for roughly 35 minutes before they switched to a secure fallback source for serving downloads. Cautioning users to always check the integrity of downloaded files, the team said: “If you downloaded binaries in the last 24h, and did not check the integrity of the files, do it immediately. If the hashes do not match, do NOT run what you downloaded. If you have already run them, transfer the funds out of all wallets that you opened with the (probably malicious) executables immediately, using a safe version of the Monero wallet (the one online as we speak is safe — but check the hashes).” Monero Team Still Investigating The hack was originally discovered by GitHub user nikitasius who posted on the official Monero project repository that he had noticed that the SHA256 hash for the downloaded file did not match the SHA256 hash shown on Monero’s website. Upon further scrutiny, he also noticed that the hashes for monero-wallet-cli didn’t match either. At the time of writing, the Monero team is still investigating the incident to determine how the files were compromised. Although it is not known yet how many users downloaded the infected software, at least one person has come forward reporting that their Monero wallet had been drained after downloading and running the infected binary file. Reddit user moneromanz posted: “I can confirm that the malicious binary is stealing coins. Roughly 9 hours after I ran the binary a single transaction drained my wallet of all $7,000. I downloaded the build yesterday around 6pm Pacific time.” He added that it appeared that “the attacker forked from commit f07c326f1 in the public repo” and warned users not to run the binary in order to check the version. The automod in the r/Monero subreddit appears to have deleted the original for reasons unknown. The price of Monero abruptly fell by more than five percent Monday morning – from $62.43 to $59.12 in less than three hours. After falling further to $58.56 overnight, XMR has since begun to regain some lost ground and is currently trading at $60.03. The post Monero Website Hacked, Downloads Infected with Crypto-Stealing Malware appeared first on CryptoPotato.

Mimblewimble Attack is ‘Factually Inaccurate’, Grin Team Responds

The claim that hired computing power could “break” the Mimblewimble privacy tool for Litecoin (LTC) is inaccurate, according to a response from the Grin development team.  Weakness Did Not Reveal Final Senders or Receivers The Grin team admitted that the protocol held a known weakness, but directing hired computing power from AWS did not constitute an ‘attack’. The analysis of Ivan Bogatyy managed to glean some network data, but the conclusions that the flaw could not be repaired were also inaccurate. While transaction linkability is a limitation that we’re looking to mitigate as part of our goal of ever-improving privacy, it does not ‘break’ Mimblewimble nor is it anywhere close to being so fundamental as to render it or Grin’s privacy features useless The creator of Litecoin, Charlie Lee, also tweeted that Mimblewimble had a known weakness, but this did not challenge the system as a privacy feature for LTC. This limitation of MimbleWimble protocol is well known. MW is basically Confidential Transactions with scaling benefits and slight unlinkability. To get much better privacy, you can still use CoinJoin before broadcasting and CJ works really well with MW due to CT and aggregation. https://t.co/M5sx92nzlZ — Charlie Lee [LTC] (@SatoshiLite) November 18, 2019 The information that could be gleaned was not as valuable as previously thought. The breaking of Mimblewimble veiling could not yield addresses, but only information about transaction outputs. The Grin team added that this could not link identities to wallets and addresses, an approach often used by law enforcement. The team admitted that so-called “sniffer nodes” collected data, but only for a particular time period. By no means were all Mimblewimble transactions being tracked. Additionally, the information was not as relevant as previously thought, only linking outputs. For the team, this was old knowledge, which did not compromise the veiled identities of users. Another inaccuracy was that the analysis did not unravel the “transaction graph”, and did not arrive at any possible identifying information about counter parties. The “sniffer nodes” mapped the activity, but could not trace where transactions originated. Within the Mimblewimble network, transactions never appear as identifiable information to outside observers, and no addresses exist. Mimblewimble Offers Stripped-Down, Private Blockchain Mimblewimble was proposed back in 2016, as a protocol to obscure transactions for multiple coins. The protocol was most prominently adopted by Litecoin, as a tool to make the asset a rival to Monero (XMR) and ZCash (ZEC). The Grin project is an implementation of the Mimblewimble blockchain. The protocol uses limited data to keep the distributed ledger, without linking addresses. So far, Mimblewimble has minimal usage, with very few transactions within the network. The GRIN token currently trades at $1.27, after a daily slide of 10% following a downturn across all markets. Mimblewimble is the brainchild of pseudonymous user Tom Elvis Jedusor, none other than the French anagram of “Je suis Lord Voldemort”. What do you think about Grin’s response? Share your thoughts in the comments section below! Images via Shutterstock, Twitter @SatoshiLite The post Mimblewimble Attack is ‘Factually Inaccurate’, Grin Team Responds appeared first on Bitcoinist.com.

BUTTON Wallet building new exchange solutions for Zilliqa (ZIL)

BUTTON Wallet, a messenger-based cryptocurrency solution for trading and buying digital assets, announced today its involvement in the LongHash Hatch and ZILHive Incubator, a joint 12-week incubation program that provides a full range of support for early-stage blockchain projects. The BUTTON Wallet team is using the Incubator as an opportunity to further develop simpler, more […] CryptoNinjas: BUTTON Wallet building new exchange solutions for Zilliqa (ZIL)
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