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OKP4 (Open Knowledge Platform For) and IOTA Partner to Leverage Tangle Technology

OKP4, a French Agtech startup, has started using the Tangle technology from IOTA. The startup is using the technology to help it access and exchange data on farm temperatures and yields. Popularly abbreviated as Open Knowledge Platform, OKP4 seeks to utilize the open-source platform in the farming sector. It intends to use the platform as […]
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Bitcoin worth $73 million debited from Bitfinex’s cold wallet; Bitfinex’s tangle with NYAG turns out to be expensive

Every move by Bitfinex is being analyzed and dissected by the crypto community due to NYAG’s case on the former. One might speculate that this might be costing Bitfinex millions. Bitfinex’s cold wallet debited 12,511 BTCs at 15:11 UTC on May 07. Bitfinex’ed, the most well-known critic of Bitfinex and Tether posted a tweet about the moved BTC. Another 12,000 Bitcoins withdrawn from Bitfinex. I still expect Bitfinex to engage in some drastic actions once they get to around 50,000 Bitcoins in total, or just before that such as temporarily suspending withdrawals indefinitely. pic.twitter.com/mz8wWI5N4H — Bitfinex’ed — full stop. (@Bitfinexed) May 7, 2019 The above-mentioned sum was moved from Bitfinex’s cold wallet – 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r to another wallet – 3JZq4atUahhuA9rLhXLMhhTo133J9rF97j . This transaction leaves Bitfinex with a  balance of 76,892.85 BTC, which, at press time, was worth approximately, $453.85 million. The receiver of the said funds was quick enough to split the funds and move it to different wallets, making the balance of the receiver, at press time, zero. Not too long ago, Bitfinex moved substantial funds, both in Bitcoin and Ethereum, which was also noticed by the crypto community. Mati Greenspan of eToro tweeted: Here's one of the cold wallets known to belong to @bitfinex. As you can see the balance has dropped from 119k BTC on April 26th to 89k BTC at the moment. Are people pulling out? pic.twitter.com/PlxC99bPlN — Mati Greenspan (@MatiGreenspan) May 3, 2019 At the start of 2019, Bitfinex had approximately 138,000 in Bitcoin, which (at that time) was worth $518 million. In terms of BTC, Bitfinex’s cold wallet has depreciated by 45% in the last four months. The depreciation was seen in other wallets held by Bitfinex as well. A Twitter user @KyleSGibson commented: “Bitfinex most secure ecchange – Is Best for business! i like BTX becaus it`s security. my coins are unacesssible!!!” Another Twitter user @150C_Vapor commented: “I’m guessing the drastic action will be to shutdown and go into some kind of fake creditor protection with “custody” over the wallets? Of course the terms of their loans are all arbitrary, retroactive if need be, and would not be in anyones favor except the fraud participants.” The post Bitcoin worth $73 million debited from Bitfinex’s cold wallet; Bitfinex’s tangle with NYAG turns out to be expensive appeared first on AMBCrypto.

Best exchange with leverage?

With Bitfinex in a legal tangle I am looking for another crypto exchange with leverage. I am trading from Europe. I know of BitMEX but they seem to have issues with their matching engine. Also, Kraken but I don't know their reputation. What do you think is the best exchange with leverage?

Do Jaguar Land Rover & IOTA Hold the Key to Mass Crypto Adoption?

By CCN: Jaguar Land Rover produced over 600,000 vehicles last year. For a luxury brand, this is a substantial output. Tesla, by comparison, produced under 250,000. The news broke sometime yesterday afternoon that JLR is utilizing the IOTA tangle (blockchain) for their new cryptocurrency program. They’re going to have on-the-go payments (such as tolls, similar to EZ Pass) and also pay owners for data collected. According to the company: “wners earn credits by enabling their cars to automatically report useful road condition data such as traffic congestion or potholes to navigation providers or local authorities. Drivers could then redeem these The post Do Jaguar Land Rover & IOTA Hold the Key to Mass Crypto Adoption? appeared first on CCN

IOTA And EVRYTHNG Collaborate To Build Intelligent Supply Chains

IOTA, a DAG project which connects devices on the “Internet of Things” (IoT), has joined EVRYTHNG, another IoT commerce based project, to build comprehensive and secure supply chains. According to a post on the IOTA Foundation’s blog,  the partnership aims to create more transparency, efficiency and trust in supply chains, streamlining the way goods move from supplier to customer. They also predict blockchains will empower customers by giving them the ability to learn the history and details of a product. Iota’s announcement reads: “Today’s consumers want to make informed choices about the products they purchase. Particularly in the food and fashion industry, provenance data can help consumers assess the authenticity and sustainability of the products they purchase.”    The joint initiative aims to enable such informed decisions by creating a unique digital identity for a wide array of products. Digital identities combat issues like counterfeit and fraud by establishing authenticity through product data, and both IOTA and EVRYTHNG intend to make digital identities the standard. A smart supply chain could  remove the middlemen and filters that stand between consumers and their products’ data. IOTA plans to use the Tangle to set up a system of feeless, permissionless micro transactions which log data as manufactured goods change hands. This protocol allows for ease of use as businesses don’t have to go through the trouble of opening accounts and configuring wallets to transact on IOTA. IOTA explained how it plans to cooperate EVRYTHNG give products digital I.D.’s and also log them on the Tangle. According to their description: As soon as data is collected and attached to a product digital identity, it is stored in the EVRYTHNG platform and at the same time a hash (e.g. SHA256) of it is stored into the IOTA Tangle. This hash becomes timestamped and immutable. So once a digitized product ends in the hands of the consumers, its digital identity can be instantly scanned with a smartphone and all relevant data will appear on the screen.IOTA blog Blockchain startups are racing to create the next generation of… well, everything. The attributes of DLT, including transparency, trust, efficiency, and cost effectiveness, can be applied to virtually any industry. IOTA’s partnership with EVRYTHNG provides yet another example of ways in which distributed ledgers can streamline industry processes. The post IOTA And EVRYTHNG Collaborate To Build Intelligent Supply Chains appeared first on Crypto Briefing.
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The Beginner’s Guide to IOTA

IOTA is a distributed-ledger protocol powered by the Tangle, a DAG-based data structure. With its feeless transactions and tremendous scalability IOTA seeks to be useful in the age of the Internet of Things

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PSA: Bitconnect ‘2.0’ Triggers Countdown to Resurrect Greatest Crypto Ponzi Ever

By CCN: In 2016 a cryptocurrency project named BitConnect came along offering 1% daily compounded interest for those who purchased and staked its token. When the BitConnect (BCC) bubble inevitably burst, the owners, as expected, made off everyone’s money. The BCC token price sunk by 99.9%, and a previously $2.5 billion valued project became worthless. Now, the greatest scam ever sold is back. Enter BitConnect 2.0. Hey, Hey, Hey: BitConnect 2.0 Arrives for a Second Bite at the Cherry A website and Twitter profile advertising the arrival of BitConnect 2.0 appeared in the last few days. The website shows a The post PSA: Bitconnect ‘2.0’ Triggers Countdown to Resurrect Greatest Crypto Ponzi Ever appeared first on CCN

Scam Alert: Bitconnect ‘2.0’ Claims Binance Listing for July Launch

The return of notorious cryptocurrency ponzi scheme Bitconnect is closer than ever, its mysterious organizers claim after revealing a July launch date. Bitconnect: Unapologetically Fraudulent A fresh tweet from the Twitter account of the so-called ‘Bitconnect 2.0’ May 18 confirms the scheme is set to debut – again – on July 1. Not only that, but true to the style of deception for which the original Bitconnect became known, a fake exchange partnership has already surfaced. The owner of the Twitter account added prospective investors can purchase tokens on major cryptocurrency exchange Binance – when in fact this is simply a lie. “Welcome everyone back to Bitconnect 2.0[.] We will launch Bitconnect2.0 on July 1st,” the post reads. Welcome everyone back to Bitconnect 2.0We will launch Bitconnect2.0 on July 1stvisit our website for more Infoshttps://t.co/xKJ10yeYoP — Bitconnect2.0 (@Bitconnect2_0) May 18, 2019 Despite claiming further information is available on its ‘official’ website, the social media activity remains the only hint of the impending plans. The site consists only of a sign-up form for updates, a countdown timer and a duplicate of the Twitter feed. Beyond the assumed launch date, however, the operations of the latest incarnation of Bitconnect remain a mystery. As Bitcoinist reported, the original Bitconnect – ostensibly an exchange and lending platform – crashed in January 2018 after it became sufficiently known the company was fraudulent. Formerly something of celebrity meme in the crypto space, thanks mostly to events speaker Carlos Matos, the mood turned sour as Bitcoin came off its all-time highs of $20,000. Investors saw the value of their Bitconnect tokens drop to virtually nothing in minutes, with cryptocurrency industry figures lamenting that those without experience were still easy targets for scammers. Criminal proceedings followed, yet it remains unclear whether Bitconnect 2.0 has any relation to its predecessor beyond sharing a name. A Scam To Rival OneCoin On social media, reactions overwhelmingly focused on issuing warnings not to interact with the scheme, even if it should succeed in offering new tokens. Others noted the Bitconnect.io domain name will expire before the alleged launch date. Binance and CEO Changpeng Zhao (known as CZ) have yet to comment on the Twitter account’s claims of a partnership. Another entity meanwhile is attempting to gather members for a Bitconnect community on messaging platform Discord, participants already numbering close to 500. Bitconnect’s resurgence comes in line with the renaissance seen throughout Bitcoin and altcoin markets. Equally poetic is the timing following on from the ‘death’ of fellow ponzi scheme OneCoin, the founders of which spent years accruing around $4 billion. Now subject to legal action, OneCoin nevertheless succeeded in fooling the public to hand over huge amounts of money, despite warnings from various governments and associated watchdogs. What do you think about Bitconnect 2.0? Let us know in the comments below! Images via Shutterstock The post Scam Alert: Bitconnect ‘2.0’ Claims Binance Listing for July Launch appeared first on Bitcoinist.com.

BITCONNECT 2.0 is Here! - MY RESPONSE! - Please share this video, save kittens!

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Twitter Spoof: BitConnect 2.0 to Return in July; BCC Token to Rise from the Crypto Graveyard?

Bitcoinnect is known for its high yield investment platform Bitconnect.co. The company had a cryptocurrency Bitconnect Coin (BCC) which investors bought with Bitcoin to gain a 0,25% daily interest. The company also has a lending platform and exchange which closed due to warnings from Texas and North Carolina authorities. Some unknown person is however working […]
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