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Dash, Zcash delisting decision under review: OKEx Korea

There is no silver lining in a situation where a major exchange in the industry has decided to delist certain assets. Over the past month, South Korea’s OKEx, one of the leading crypto-exchanges in the world, reached a decision to stop supporting certain privacy-centric coins, including major assets such as Dash [DASH], Monero [XMR] and […] The post Dash, Zcash delisting decision under review: OKEx Korea appeared first on AMBCrypto.
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Monero Delisted from OKEx, Privacy Coins Zcash, Dash Under Review

The South Korean division of Malta-based digital asset exchange OKEX has suspended the delisting of two privacy-oriented cryptocurrencies due to new regulatory guidelines released by the Financial Action Task Force (FATF).  The planned suspension of Zcash (ZEC) and Dash (DASH) is currently being reviewed, according to a blog post on OKEx’s official website. OKEX first revealed its plans to delist five privacy-focused digital currencies – also including Monero (XMR), Horizen (ZEN) and Super bitcoin (SBTC) – in September 2019. The exchange operator noted that FATF’s controversial “travel rule” for virtual asset service providers (VASPs) has outlined how financial regulators must monitor the crypto industry. According to FATF’s travel rule, digital asset exchanges must collect and share relevant information related to transaction monitoring, including the real name and address of the sender and recipient of cryptocurrencies. Monero, Horizen and Super Bitcoin will be delisted from OKEx’s platform by October 10, OKEx confirmed. A final decision regarding whether Zcash and Dash should also be delisted will be announced after the exchange completes its compliance review process. In statements shared with CoinDesk, Josh Swihart, VP of marketing and business development at the Electric Coin Company, the firm behind the development of Zcash, stated that his company has been working cooperatively with OKEx’s management since September, when the delisting announcement was first made. Swihart noted: “Zcash is entirely compatible with all FATF recommendations including the travel rule. We’ve been working with OKEx and others in S. Korea and happy to hear that OKEx has decided to take additional time to further evaluate Zcash support based on newly available compliance information.” Following FATF’s announcement, digital asset exchanges have been facing increased pressure to halt support for privacy-oriented cryptos. San Francisco-based exchange Coinbase halted Zcash trading on its UK-based platform in August. A source familiar with the matter said that the move was part of a decision to establish a new banking relationship with ClearBank after Barclays decided to stop providing its services to the exchange. South Korea-based crypto exchange Upbit has also delisted Zcash. The Electric Coin Company has been lobbying regulatory authorities and lawmakers over its cryptocurrency, Swihart said. According to a notice on regulation and compliance published in September 2019: “Zcash was designed to protect consumers’ financial privacy while retaining compatibility with global AML / CFT standards, including the FATF Recommendations that were adopted in June 2019. Importantly, the privacy provided by Zcash does not prevent regulated entities from fulfilling their regulatory obligations.”
Ethereum World News

OKEx Korea Pauses Delisting of Zcash And Dash Privacy Coins, Factoring in FATF Notice

The South Korean branch of crypto exchange Okex has announced that it has temporarily halted delisting of Zcash and Dash, CoinDesk reports. In a notice issued on Thursday by OKEx Korea, the exchange stated that it was suspending its decision to delist the two privacy cryptos pending a review of compliance with the Financial Action […]
Bitcoin Exchange Guide

BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI

Coinspeaker BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AIBitMax.io, an industry leading digital asset trading platform, announced that there has been significant misrepresentation of facts and allegations against BitMax.io and its team in the follow-up to its delisting decision of DeepCloud AI (DEEP). This announcement is intended to help users to gain full transparency in the accuracy and completeness of key facts around this matter.First, DEEP project provided false information to both BitMax.io and investor communities regarding private / presale investor token allocation and vesting schedules. As a result, additional 49% were released over first day, and over 3,000,000 DEEP within the first 3 months.Secondly, actual circulating supply remains uncertain to this day due to further discrepancy and lack of project communication.As is known to all, initial circulation supply, token allocation and cost basis info are extremely critical to effective operation and trading quality of any third-party liquidity provider / market maker. Inaccurate and incomplete information from DEEP made it impossible for them to assess key support and resistance levels and effectively manage trading capital, especially in situations where there was decreasing organic buy orders.Also, all the orders posted from DEEP’s contracted liquidity provider were passive “Maker orders” in order to provide liquidity with and minimize market impact for traders. This is a key requirement for any liquidity provider to operate on the platform.Last but not least, BitMax.io utilized principal capital to conduct the $300,000 buy-back program of DEEP. This capital came directly from a segregated account owned by BitMax.io, NOT the account holding capital for liquidity provision.As noted earlier, the BitMax.io team will continue enhancing its due diligence process and listing requirements for all future projects. The platform will also seek to bring on more institutional market makers / liquidity providers in continuous support of a liquid and orderly trading market. In the interest of BitMax.io users, the robust Post-Listing Administration process is being implemented by working with all listing projects for ongoing monitoring.BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI
Coinspeaker

BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI

Friday, October 4, 2019 – BitMax.io, an industry-leading digital asset trading platform, announced that there has been significant misrepresentation of facts and allegations against BitMax.io and its team in the follow-up to its delisting decision of DeepCloud AI (DEEP). This announcement is intended to help users to gain full transparency in the accuracy and completeness […] The post BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI appeared first on CCN.com
CCN

BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI

Friday, October 4, 2019 – BitMax.io, an industry-leading digital asset trading platform, announced that there has been a significant misrepresentation of facts and allegations against BitMax.io and its team in the follow-up to its delisting decision of DeepCloud AI (DEEP). This announcement is intended to help users to gain full transparency in the accuracy and completeness of key facts around this matter. First, the DEEP project provided false information to both BitMax.io and investor communities regarding private / presale investor token allocation and vesting schedules. As a result, an additional 49% were released over the first day and over 3,000,000 DEEP within the first 3 months. Secondly, the actual circulating supply remains uncertain to this day due to further discrepancies and lack of project communication. As is known to all, initial circulation supply, token allocation and cost basis info are extremely critical to the effective operation and trading quality of any third-party liquidity provider/market maker. Inaccurate and incomplete information from DEEP made it impossible for them to assess key support and resistance levels and effectively manage trading capital, especially in situations where there was decreasing organic buy orders. Also, all the orders posted from DEEP’s contracted liquidity provider were passive “Maker orders” in order to provide liquidity with and minimize the market impact for traders. This is a key requirement for any liquidity provider to operate on the platform. Last but not least, BitMax.io utilized principal capital to conduct the $300,000 buy-back program of DEEP. This capital came directly from a segregated account owned by BitMax.io, NOT the account holding capital for liquidity provision. As noted earlier, the BitMax.io team will continue enhancing its due diligence process and listing requirements for all future projects. The platform will also seek to bring on more institutional market makers/liquidity providers in continuous support of a liquid and orderly trading market. In the interest of BitMax.io users, the robust Post-Listing Administration process is being implemented by working with all listing projects for ongoing monitoring. For more information, follow BitMax.io on: Website: https://www.BitMax.io Twitter: https://twitter.com/BitMax_Official Reddit: https://www.reddit.com/r/BitMax/ Telegram: https://t.me/BitMaxioEnglishOfficial Medium: https://medium.com/bitmax-io CONTACT: support@bitmax.io Disclosure/Disclaimer: This press release is sponsored and produced by a third-party source and should not be viewed as an endorsement by ZyCrypto. Readers are urged to do their own research before investing or having anything to do with the company, goods and/or services mentioned in the above article. The post BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI appeared first on ZyCrypto.
ZyCrypto

BitMax delists DEEP token after being called out for pumping and dumping

Even though CoinGecko’s Bobby Ong believes that IEO is a short-lived term, a recent study highlighted that the craze for ICOs has sobered down as the focus has shifted to IEOs. Several popular cryptocurrency exchanges including Binance and BitPanda have carried out the same. Similar to Binance’s initial exchange offerings [IEO] platform, Binance Launchpad, cryptocurrency […] The post BitMax delists DEEP token after being called out for pumping and dumping appeared first on AMBCrypto.
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Coinbase Council: XRP = Security? | Binance Delists BTT | Cardano & New Balance | Daily Crypto News!

😀 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, Using My Referral Code, To Receive $50 In Free Bitcoin After Making A Deposit (You Must Also Enter Referral Code 1ed0f176, When Prompted) - https://blockfi.com/?ref=1ed0f176 👉Sign Up For Bitforex For KYC-Less Margin Trading - https://www.bitforex.com/en/register?bf=Crypt0 -~-~~-~~~-~~-~- 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
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Justin Sun’s BitTorrent (BTT) Token Delisted From Binance, Price Takes a Beating

Cryptocurrency exchange Binance announced today that it had delisted 30 trading pairs from its platform, including one for Justin Sun’s BitTorrent (BTT). Binance’s announcement comes as a surprise since BitTorrent was the first project to launch on the crypto exchange’s Initial Exchange Offering (IEO) platform, Binance Launchpad, on 28 January. Reaching its hardcap of $7.1 million in less than 15 minutes, the BTT IEO had been a massive success for both the exchange and BitTorrent and TRON CEO Justin Sun. It’s also perhaps safe to say that it gave birth to the IEO hype which has been slowly fading in the past few months.  Binance Gets Rid of Multiple IEO Tokens According to Binance’s announcement, the cryptocurrency exchange is delisting the following trading pairs from its platform: “ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.” Binance stated that the reason for getting rid of the above-mentioned cryptocurrency pairs is to improve the user experience and the liquidity of its trading platform.  Furthermore, the exchange claimed that most of the project teams whose token trading pairs had been delisted had requested so from Binance. Surprisingly, the 30 delisted token pairs include IEO tokens that were launched on Binance Launchpad, including BitTorrent, Elrond (ERD), Harmony (ONE), and WINk (WIN). One possible reason for the current decision could be the recently low-performing IEOs on the Binance Launchpad platform, including the disappointing token sale of the Perlin project. It is important to note that Binance removes only the BTT/BTC trading pair from its platform while the other BitTorrent trading pairs (USDT/BTT, BNB/BTT) remain untouched. BitTorrent’s Promising Start and Downfall Soon after its IEO, BitTorrent’s price had started trending upwards and increased its price from $0.0005 on 1 February right to $0.0018 on 29 May. Since then, the cryptocurrency’s price has rolled over, falling to $0.00042 as of today, before Binance’s recent announcement. After the cryptocurrency exchange announced that it is delisting the BTT/BTC trading pair, BitTorrent’s price has crashed notably, falling below $0.00039 in a matter of a few hours. As of writing this article, the cryptocurrency has managed to recover to nearly $0.00041. The post Justin Sun’s BitTorrent (BTT) Token Delisted From Binance, Price Takes a Beating appeared first on CryptoPotato.
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Opera Brings BTC to Android; Now Looking to Add TRON

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018. Opera and BTC: A Perfect Match? The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and customers did not need any extensions or follow-up downloads to engage in crypto transactions. From there, bitcoin support came to the Opera iPhone app. Opera presently has about 350 million users, and many enthusiasts see this as a prime movement in the fight to make bitcoin mainstream. In a blog post, the company writes: With this release, Opera opens its crypto wallet to the world’s most popular blockchain, making it possible to send and receive BTC directly from the browser the way one would with an image or a music file. This means anyone can now not only send bitcoin and Ethereum to another person but can also use it while interacting with websites to pay for goods or services. Up to this stage, Opera only provided support for Ethereum, the world’s second-largest cryptocurrency and a primary competitor to bitcoin. However, the company is also introducing plans to support Tron in the coming months. The last few weeks have marked by a whole new list of platforms or companies showing support for cryptocurrencies they otherwise were ignoring. One such example comes in the form of the new HTC smartphone known as Exodus 1s, which can allegedly support a full bitcoin node. This means that the phone can hold the entire blockchain ledger. Other examples include Electrum, a new bitcoin wallet which has recently added the Lightning Network to its platform. The Lightning Network is designed to assist with scalability on the bitcoin blockchain. While bitcoin is the oldest, largest and arguably the most popular of the world’s cryptocurrencies, it often lacks the up-to-date technology of its newer altcoin counterparts. Thus, it suffers from slow transaction times and smaller blocks. How Lightning Is Making Things Simpler The Lightning Network initiates micropayments that occur off-chain to ensure that they are pushed through quickly. Electrum’s addition of Lightning is likely to enable faster speeds for customers and ensure that payments are pushed through with ease. We’ve also received word of a new startup called Moon, which allows Amazon customers to purchase goods and services from the online retailer with crypto. The application also works through Lightning-based technology and appears to recognize the Amazon page once you log in. When you’re ready to check out, it provides you with a crypto pay option that shows how many available funds you can spend. The post Opera Brings BTC to Android; Now Looking to Add TRON appeared first on Live Bitcoin News.
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Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments

Browser minnow Opera is ramping up cryptocurrency support for Android users in version 54, which has just been released on Tuesday. Among a host of other cosmetic improvements and a new UI, this latest release improves upon the current crypto wallet with support for both Bitcoin and Tron payments. Ethereum has been the staple payment […] The post Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments appeared first on CCN.com
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Carson Wentz Gossip Turns Eagles Into Daytime Soap Opera

After the beating the Dallas Cowboys gave the Philadelphia Eagles Sunday night, fans were probably wondering how things could get worse. When they woke up Monday morning, they found out. It appears that at least one fool decided to burn his Carson Wentz jersey following the loss, and – more significantly – Alshon Jeffery is […] The post Carson Wentz Gossip Turns Eagles Into Daytime Soap Opera appeared first on CCN.com
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The Ethereum Ecosystem: Still Relevant After All These Years

Ethereum first went live in 2015, and since then, it’s become one of the market’s top coins. And while four years may not be a lot in most markets, in crypto it’s a lifetime. For Ethereum, it has been quite a ride. With a market cap of $19 billion, Ethereum is the second largest cryptocurrency in existence, and recent reports show that it provides a benchmark for the market. Of course, there’s much more to its success: the Ethereum ecosystem is thriving in its own right. In short, Ethereum is one of the most extensible blockchains. It offers developers the opportunity to create tokens, dApps, collectibles, financial applications, and more. Plus, Ethereum itself will soon be better than ever. Here’s what the Ethereum community is up to right now—and what the Ethereum ecosystem has to offer. Dominance Over dApps and Tokens Ethereum currently leads the dApp market with its sheer number of listings. Right now, it has a total of 2000 dApps—four times more than TRON or EOS, its closest competitors. Ethereum also closely matches those blockchains in terms of dApp volume—each platform handles about $10 million of crypto through its apps in a typical day.   Daily dApp transaction volumes in dollars, via DAppReview   To be fair, EOS and TRON dominate in terms of dApp users and transactions (although many of these are simple gambling apps). Still, Ethereum has a few notable apps in those measures: MakerDAO attracted 2200 users on Monday, making it the third largest dApp by user count. Meanwhile, dYdX, a derivatives platform, handled $371,000 on Monday—making it the 9th largest app by that metric. Ethereum’s token standards are also incredibly influential. Of the top 50 cryptocurrencies by market cap, at least 20 are based on Ethereum’s ERC-20 token standard—including big names like BAT and LINK. Plus, Ethereum’s non-fungible ERC-721 standard has begat collectible items like Decentraland properties and CryptoKitties. New Opportunities For Investment As Ethereum matures, there might be new ways to invest. Recently, the CFTC declared that Ethereum is a commodity, meaning that ETH futures may become an option for institutional investors in the future. It’s conceivable that Bakkt might add ETH futures alongside its BTC futures—though it hasn’t said so explicitly. Additionally, there are some retail platforms that already trade Ethereum futures, such as BitMEX and Kraken. These options attract speculative investors who might not trade on the crypto market itself. Even though futures don’t affect Ethereum’s value directly, they bring value into the crypto ecosystem and facilitate price discovery. There are other investment opportunities as well. MakerDAO, for example, allows you to lock up your Ether as collateral and create Dai stablecoins in return. Meanwhile, peer lending platforms like ETHLend allow you to earn interest by lending out Ether. Suffice to say, there’s a lot you can do with your Ether holdings. Preparing For Ethereum 2.0 Ethereum’s next big milestone will be Ethereum 2.0, which will introduce staking, which allows coinholders to earn rewards. It will also improve scalability through features like sharding, which will allow the blockchain to handle many more transactions. Though Ethereum 2.0 is a multi-year effort, staking should be available in the next few months. At the moment, different Ethereum development groups are running separate testnets. These became interoperable in early September, and according to Ethereum’s creator, Vitalik Buterin, a public network is rapidly approaching. This will be the “last major milestone [before] the network,” Buterin stated during a recent event in Hong Kong. Buterin has also suggested that the upgrade will be seamless. In a post on Ethresear.ch, Buterin suggested that app developers will need to migrate, but coinholders won’t need to do anything at all: “You may want to move your funds into [an ETH2] wallet eventually, but you do not strictly have to and there is no time limit,” he wrote. Can Ethereum Stay Relevant? Of course, not everyone is happy with Ethereum. Some dApps, such as Ethermon, have moved to blockchains like Zilliqa due to the promise of faster transaction speeds. Meanwhile, some projects with ERC-20 tokens have migrated to other platforms like Binance Chain. Finally, some critics believe that sharding is not secure. But despite criticism, Ethereum probably won’t go away. Its brand, market standing, its dominance over dApps, and its ability to drive hype for version 2.0 seem to be a winning combination. Though it has many competitors, Ethereum has first mover advantage and the biggest developer community in crypto —giving it a head start and making it the favorite to continue to tower over the competition.     The post The Ethereum Ecosystem: Still Relevant After All These Years appeared first on Crypto Briefing.
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