Wednesday, May 11, 2022

Forex Today EUR/USD Bullish or Bearish?

Forex Today impact of increased interest rates - EUR/USD Bullish / Bearish? 



After Federal Reserve of the United States announced they approved to increased interest rates (50bps).  This increase rates is the largest increase from 2000. This step was taken due to the heating cycle of inflation. Then, Central Bank announced which is the bank will begin reducing its balance sheet on 1st June.


Hopefully From this announcement will make reaction in market prices movement.  But because of the "usual attitude" of Jeremy Powell press conference, the market reaction was not as expected. Ignoring the potential for a 75 bps increase. And then  Wall Street market going stronger and followed other currencies. 


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The USD weakened and the EUR price strengthened to close last week, the EUR/USD pair hitting a weekly high of $1.0626 and then dropping back to a weekly low of $1.0487 the following day.


After one week EUR/USD try to recovered prices, overall these pair still bearish. With weekly Volatility at ending point around $1.0547, these pair prices stay close from year to date low of $1.0470. 




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Keywords:

#Forex

#Federalreverse

#EUR

#USD

#EUR/USD

#Deriv


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Thursday, May 5, 2022

What must i do before mint NFT ?


What must i do before mint NFT ?

NFT its Non Fungible Token which is everyone can mint NFT, but for mint NFT you need a wallet, and crypto coin for pay gas transaction on blockchain network. Ok we will describe step by step what you need before minting an NFT.

1. Crypto Wallet

Every user need to have a crypto wallet, which is they must be save a private key of wallet on safety document or write Passphrase of wallet on paper. There so much crypto wallet on app store or play store. You can download and try "Coin 98 Wallet" or "Metamask Wallet" on your phone and connecting wallet to your desktop.

If your beginner and this is first time of you used crypto wallet, i recommend to try "Coin 98 Wallet". Its really simple, Create account, then saved your Passphrase and change Blockchain to Network Ethereum 


2. Deposit Crypto to Wallet 

We need crypto coin for mint NFT, this coin will be used to pay gas transaction on blockchain when started minting NFT. For deposit or buy Crypto you can instantly buy via Binance exchange. So you need Binance account. Create account and make deposit from your bank, after that buy some crypto e.x Ethereum.

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On withdrawal menu you need to ensure address of your wallet its not wrong, so you can copy paste your crypto wallet address to withdrawal box on your Binance account. When you make withdrawal please only choose ETH ERC - 20, Because on Opensea platform displaying address which is only accepted ETH ERC - 20 token. 

3. OpenSea - Explorer, Buy and Sell NFT  

Next step for mint NFT its you can try OpenSea. With this platform you can explore rank of most traded NFT in the world so you can buy or make research NFT project before buy or mint. Its simple, go to browser OpenSea and click connect wallet on Open Sea platform. 

You can create NFT and browse catagory of Arts NFT e.x Collectibles, Music, photography, sports, and many more. 



Right now your crypto wallet has been successfully connected to opensea and successfully deposit Ethereum to wallet. Next step its you will be search trending collectables NFT. So, just click Collectables, it will be displayed most of trending Collectables NFT in opensea. 

Just click one of project NFT then you can see details about NFT, schedule of Minting, website of NFT project and Twitter of this project. Almost all of information link will be displayed on every trending collectables and you can read it for make sure this NFT projet its good for mint or Buy.



Your NFT journey its begin!. You can place bid to make offers price of an NFT or you can participate minting this NFT from their  official website. After minting NFT you can freely to hold or sell your NFT on opensea.


Keyword 

#NFT

#NFTs

#Opensea

#Coin98

#Wallet

#mintNFT

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Tuesday, April 12, 2022

How to secure wallet for safety holding your NFT?

 

How to secure wallet for safety holding your NFT?

Today NFT Hype its really awesome. So much people want to jump in to NFT Project. They want get NFT by minting Free or get it by instantly buy and make offers from marketplace opensea. But the problem its, what happens if people who first time minting nft want to keep hold their NFT with really safe and never steal  by hacker ? Its Really possible for strongly safety wallet to hold valuable NFT? The answer its YES !


This is tips for keep your wallet always safe:


1. Never used wallet to connect with not trusted project 

Safety of wallet its back to user who hold key / Passphrase of wallet. If they only used this wallet for minting one of NFT project so its will be more secure. But, if one wallet used to minting so much NFT from different websites, its will be risk to the wallet. Why this will be risks? Because different websites maybe can containing phising code or vurnability code to attack user wallet. I mean when you're connected wallet to website you'll open and approved some codes to access your wallet. With this way its not impossible your wallet its at risk. 


2. Ensure link before you Click on. 

One of popular NFT Hacked case this month its so much opensea user was hacked by fake emails. 

"Last week, OpenSea had announced an upgrade wherein users were required to migrate their NFTs from the Ethereum (ETH) blockchain to a new contract. Following the announcement users started getting phishing emails that authorised “migration”. Hackers started sending fraudulent emails to the OpenSea NFT holders" (source: businesstoday)

User thinking the message its real from opensea, but in fact after user click link on  emails, its forwarded to their opensea account that looks required approval but its fake website. Then hacker can get valuable NFT from user and transfer them to hacker wallet address with migration of hacker smart contract.

If we think again, case of opensea user its by mistake of user which is they not ensure trust and real of link before they click on. Especially when user on fake website they still click links. User should not doing anything when they doubt thats links.

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3. Depth Research before minting NFT

Research project its a must. You need to make research by yourself before minting NFT.


This research can be started from NFT website or from opensea links, read it! who is man or team behind an NFT project ?, how much team influence behind this project ? How much twitter followers of this project? What its selling value and unique of this NFT project ?, and what this NFT can be collected for longterm? All of this research can help users to keep save their wallet from scam project or worthless project before they participate to minting / buy NFT. 


4. Keep Your Passphrase Save and Never share to anyone

Your key = Your Wallet. We know all of wallet have a private key and Passphrase to unlock and access wallet. So its must be keep secret your wallet key. We can shared address wallet, but we should be never shared Passphrase and private key.



With all of this tips, im sure you can get stronger safety wallet. Every security of wallet its back to user who hold pv key. I hope you can control how much nft project website that's you will be connected to your wallet.


#NFT #NFTs #Securewallet #wallet 

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Tuesday, December 3, 2019

Game EOS Terbaru Crypto Heroes di jaringan Mainnet Coffe Network


Game EOS Terbaru Crypto Heroes di jaringan Mainnet Coffe Network

Game eos terbaru "Crypto Heroes" . Berjalan di jaringan side chains eos "Mainnet Coffe network" jd player tidak perlu stake eos untuk meningkatkan cpu untuk bermain game ini. 
Token Game : EOS dan CHT di market Newdex EOS Decentralized Exchange 

Fitur game : 
- Hero, Adventure, dapatkan item dan craft equipment, jual item dan equipment di market game dan dapatkan EOS dari hasil jual item dan equipment di market game dgn player lain. 

- Crystal untuk upgrade dan craft equipment dan buy "Mount" yg berfungsi sbg penghasil crystal

- Dapatkan 2000 Crystal Gratis dgn cara memasukkan referral 

"akuneosschtc" 

(dgn akun reff kalian tambahan 2000 crystal gratis menjadi 4000 crystal) yg berfungsi untuk upgrade hero, craft item equipment dn membeli mount penghasil Crystal dlm game. 

Tanpa akun referral, kalian hanya akan dapat 2000 Crystal saja. 

Tutorial Play Crypto Heroes :

Siapkan akun EOS, dan buat akun coffe network via bot telegram:
This bot can create account in COFFE Mainnet.

Send and receive swaps. 


Buat akun coffee via bot dgn
 12 karakter, contoh akun saya : akuneosschtc 

Fungsi Bot ini sama seperti fungsi scatter di pc, yaitu untuk konfirmasi setiap transaksi dalam game, deposit, Withdraw dan swap eos menjadi EOSC, CHT menjadi CHTC dalam jaringan mainnet Coffe Network

Jadi, saat kita login ke game dan aktifitas game lainnya seperti buy hero, upgrade, adventure, craft, sell dn buy item, kita perlu mengauntentifikasi login dn aktifitas kita melalu bot ini.          

Tutorial Swap EOS dan CHT 


Klik : H dan pilih menu TRANSFER untuk deposit swap dan withdraw. 


Pilih EOS to COFFE untuk deposit dan swap EOS menjadi EOSC, CHT menjadi CHTC 

Address tujuan : coffeioswaps 
Isi di Memo:
swap:isi nama akun coffe anda


Dan Pilih COFFE to EOS untuk Withdraw swap EOSC menjadi EOS atau CHTC menjadi CHT
#swap 👉 TO EOS account 👉 AMOUNT 👉 TOKEN
sample is there
#swap toeosaccount 1.1234 EOSC

Tulis seperti ini di bot, Contoh:
#swap akuneosfikri 0.1 EOSC


Maka akan terkirim menjadi 0.1 EOS ke "akuneosfikri" 

Tutorial login game Crypto Heroes. 
Via Android : download APK Crypto Heroes di website:  cryptoheroes.net/

Browser Chrome : 

Klik Logo telegram dan login dgn Akun Coffee anda, kemudian saat loading, buka Coffe bot telegram dan klik "Yes" untuk mengautentifikasi Aktifitas Login anda

Pada saat pertama kali bermain, akan ditampilkan box untuk memasukkan akun referral yg mengajak anda, silahkan isi dengan

 "akuneosschtc"  

untuk mendapatkan gratis 2000 Crystal menjadi 4000 Crystal yg berfungsi untuk upgrade hero, craft item equipment dn membeli mount penghasil Crystal dlm game. 

Tanpa akun referral, kalian hanya akan dapat 2000 Crystal saja.

buy hero dan buy mounts dan adventure untuk mendapatkan item tersembunyi dalam game. 

Kalian juga bisa mencoba Chest BOX untuk mendapatkan item khusus dalam game, dgn harga mulai dari
 10 000 CHTC

Selamat mencoba. 
"akuneosschtc"

Keywords
#Game
#Blockchain
#CoffeNetwork
#EOS
#CHT
#Newdex
#Swap
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Tuesday, October 22, 2019

GenerEOS - Open Source Voting Portal Dalam Exchange



GenerEOS - Open Source Voting Portal Dalam Exchange

Latar Belakang

Kandidat Block Producer GenerEOS, EOS Rio, shEOS dan Node One telah bekerjasama sebagai tim yang bertujuan untuk mendemokratisasikan dan merampingkan/ memudahkan proses pemungutan suara/ voting didalam exchange. Kami telah mengimplementasikan sebuah Open-source gratis end-to-end framework proses voting yang dapat digunakan oleh setiap exchange dengan proses integrasi yang minimal, dan menawarkan pengguna mereka untuk dapat berpartisipasi dalam proses voting EOS block producer.

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Friday, April 19, 2019

Asuransi Berbasis Blockchain Kini Hadir Di Indonesia


Asuransi Berbasis Blockchain Kini Hadir Di Indonesia 

Perusahaan Blockchain yg berasal dari Singapura yaitu PAL Network memberikan pelayanan asuransi bagi klien PAL Network dengan Tiga Langkah mudah untuk melakukan Klaim Asuransi. 

Pada awal peluncurannya,  PAL Network menggunakan jaringan Blockchain Ethereum dimana jaringan Blockchain PAL Network menggunakan dan berjalan dalam Smart Contract Ethereum. Pada April 2019 PAL Network melakukan swap token PAL ERC 20 menjadi token main token PAL. Sehingga holder token PAL bisa melalukukan staking token dengan berkontribusi dalam jaringan blockchain PAL Network, menjadi bagian dari Supernode PAL Network yg akan mendapatkan income insentif setiap bulan dalam token PAL. 

Produk Asuransi PAL Network telah aktif dibeberapa Negara, diantaranya Singapura, Malaysia, Indonesia, Vietnam, Thailand, Jepang, Korea Selatan, Slandia Baru, Amerika Serikat, Australia, dan Inggris. 

PAL Network memberikan banyak jenis produk asuransi berbasis blockchain, diantaranya:

1 Produk asuransi perjalanan transportasi darat "RIDE PAL" bagi pengguna GOJEK, GRAB dan UBER. 

2 Produk asuransi perlindungan gempa bumi "Earthquake Protect",

3 Produk asuransi transportasi udara yang meliputi; asuransi flight delay jika penerbangan keberangkatan pesawat delay" Flight Delay", asuransi "Flight Cancellation" jika pihak penerbangan membatalkan jadwal terbang pesawat, dan "Flight PAL".

4 Produk asuransi "Cancer PAL"  yaitu perlindungan bagi konsumen dalam 1 tahun jika sewaktu-waktu terkenan diagnosis penyakit kanker.

5 Produk asuransi "Screen PAL" yaitu perlindungan untuk konsumen yg memiliki smartphone jika sewaktu-waktu layar smartphone mereka rusak atau pecah.

Khusus untuk di Indonesia, PAL Network saat ini baru mendukung dua produk asuransinya,  yaitu "RIDE PAL" khusus kota Jakarta dan "Earthquake Protect" khusus untuk Kota Jakarta dan Bali. 

Tutorial membuat wallet PAL pada smartphone anda

Detail Asuransi "RIDE PAL" di Jakarta dan tutorial aktivasi asuransi RIDE PAL pada smartphone anda. 

1 download aplikasi PAL Network via Google Play bagi pengguna android dan IOS app bagi pengguna IOS. Dalam aplikasi asuransi PAL sudah tersedia wallet/dompet token PAL yg nantinya dapat anda gunakan untuk membayar asuransi PAL Network dan menerima Klaim Asuransi anda.

2 daftarkan diri anda dengan membuat wallet baru di aplikasi mobile Pal Network. Klik masukkan data "nama wallet", buat Password anda, klik lanjutkan/ok,  langkah penting selanjutnya adalah "backup mnemonic phrase" yg berisi sejumlah kata berbahasa inggris, dan jgn share mnemonic phrase anda krn ini digunakan hanya untuk anda sendiri sebagai backup jika sewaktu-waktu anda lupa password wallet PAL Network anda.


Klik I've written down untuk melanjutkan dan masukkan mnemonic phrase anda untuk mengkonfrimasi bahwa anda sudah menyimpan kode mnemonic phrase milik anda. 

Jika langkah2 anda benar,  maka akan ditampilkan "Wallet Successfully Created"  dan klik "Continue" 

Berikut ini contoh akun wallet PAL milik saya yg baru saja saya buat. 

Untuk mengaktifkan Asuransi RIDE PAL. Anda cukup klik view "RIDE PAL" dan bacalah detailnya kemudian klik "get covered". Layanan utama "RIDE PAL" adalah melindungi kerugian klien yaitu jika saat anda dijemput menggunakan transportasi GOJEK, GRAB dan UBER jika dalam keadaan turun hujan maka anda dapat melakukan klaim asuransi RIDE PAL langsung melalui aplikasi PAL Network di smartphone anda, contohnya pada hari selasa anda memiliki rencana  perjalanan dari daerah A ke daerah B, maka pada hari senin anda harus mengaktivasi asuransi RIDE PAL dan memasukkan data tujuan anda yaitu dari daerah A menuju daerah B tujuan anda. Kemudian pada besok harinya yaitu hari selasa sesuai rencana anda berangkat ternyata saat anda dijemput turun hujan maka anda dapat melakukan klaim asuransi RIDE PAL. 


Begitulah cara kerja asuransi RIDE PAL yaitu melindungi klien "jika saat waktu penjemputan klien GOJEK, GRAB dan UBER turun hujan" maka klaim asuransi bisa anda lakukan. 

Untuk mengaktivasi RIDE PAL anda cukup membayar 0.5 $ menggunakan token PAL (diskon 50% dari yg seharusnya 1$ khusus pengguna yg membayar dengan token PAL) dan klaim asuransi 5$ dalam token PAL / sama dgn 5$ idr sesuai rate harga token PAL yg mengacu pada data CoinMarketCap.com currency PAL token. Anda juga bisa membayar asuransi PAL menggunakan kartu kredit anda. 

Anda dapat menemukan informasi lebih lanjut tentang asuransi Pal di website resmi PAL Network .


Keywords :
#Insurance
#Asuransi
#blockchain
#grab
#Gojek
#Uber
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Sunday, February 3, 2019

Bagaimana Cara Memilih Exchange Kripto yang Aman ?


Bagaimana Cara Memilih Exchange Kripto yang Aman ?

Hari ini dunia kripto dan aset digital telah diimplementasikan dan diadaptasi ke banyak proyek-proyek real dalam kehidupan sehari-hari. Teknologi blockchain dalam kripto dan asset digital mencoba untuk beradapatasi dengan kehidupan kita, sebagai contohnya yaitu "Prophy" teknologi blockchain yang berfokus pada bidang real estate dan properti, dan teknologi dalam Ethereum yang mana ditujukan untuk desentralisasi aplikasi dengan sangat banyak proyek yang dikerjakan dalam jaringan blockchain Ethereum. Jika kita berbicara tentang mata uang kripto dan asset digital, tentu saja kita tidak bisa melewatkan asset kripto dengan harga tertinggi,  yaitu Bitcoin.

Saat ini harga Bitcoin dibeberapa exchange rata-rata harga 1 Bitcoin 3400$ -  3450$ dan sejarah dari harga Bitcoin ini pernah mencapai harga tertinggi diantara harga 19500$ -  20000$ di Q1 2018. Dengan tingginya harga Bitcoin, orang-orang diseluruh dunia ingin memiliki mata uang Bitcoin, akan tetapi tidak semua orang menginginkan untuk membeli Bitcoin. Ada juga sebagian orang yang mencoba untuk melakukan kejahatan hacker untuk meretas jaringan exchange bitcoin, ini dilakukan sebagai upaya untuk mencuri Bitcoin dan asset digital lainnya dari pusat penyimpanan dana sebuah exchanger.

Sepanjang sejarah panjang Bitcoin, kasus hilangnya dana pengguna dari exchanger telah terjadi dari tahun ke tahun. Sebab terjadinya kasus tersebut dikarenakan tidak semua exchange Bitcoin memiliki tingkat keamanan yg tinggi dalam menyimpan dana pengguna, dan tidak semua dana pengguna disimpan di cold wallet Bitcoin dengan keamanan tertinggi, beberapa exchange memiliki keamanan yg lemah sehingga mudah untuk di hack/ diretas.


Menurut data Cointelegraph.com, kasus pertama pencurian bitcoin terjadi pada exchange Mt. Gox,  yang terjadi di tahun 2011, dan kemudian Mt.Gox mengalami kasus hacker lagi tahun 2014. Hacker mencoba untuk menghubungi dan menjanjikan pihak Mt. Gox sebagai langkah audit exchange, akan tetapi melalui proses auditor tersebut mereka melakukan aksi peretasan/ hacker terhadap exchange Mt. Gox. Pada tahun 2011 total dana yang dicuri oleh hacker dari Mt. Gox  adalah 500,000 BTC atau setara dengan 8.7 Juta Dollar, dan pada kasus yang kedua Mt. Gox kehilangan dana lebih dari 850,000 BTC (sumber: Cointelegraph).

Kasus lain terjadinya hacker bitcoin yaitu pada decentralized exchange Bancor. Menurut data Cointelegraph, Bancor telah diserang oleh hacker pada 9 Juli 2018. Pihak Hacker mencoba menarik dana/ melakukan withdraw dana asset digital yang totalnya mencapai 23 Juta Dollar dari wallet (Hot Wallet) Exchange Bancor. Pihak Hacker dapat menjalankan aksinya melalui smart contract yang berjalan dalam exchange Bancor. Saat terjadi proses dan aktifitas yang dilakukan oleh hacker, pihak Bancor mengetahui hal tersebut dan mengambil langkah untuk membekukan transaksi hacker yang sedang berjalan melalui smart contract decentralized exchange Bancor.
Melalui dua kasus tersebut, kita dapat mengetahui bahwa bagaimana tingkat keamanan sebuah exchange sangatlah penting, baik itu bagi pihak exchanger maupun bagi pengguna exchange tersebut, khususnya sebagai market perdagangan digital asset dan sebagai penyimpanan asset Bitcoin. Exchange harus meyakinkan penggunanya bahwa digital asset milik pengguna yang disimpan atau diperdagangkan di exchange mereka tersimpan di wallet exchange dengan tingkat keamanan tertinggi.

Keamanan harus menjadi prioritas utama exchange cryptocurrency sehingga pengguna merasa nyaman dan aman melakukan aktivitas trading dan menyimpan digital asset miliknya. Ethan Ng, leader dari Huobi Global Vietnam dalam forum seminar “"Vietnam Cryptocurrencies and Digital Assets Dialogue 2018" September 2018 mengungkapkan “Saat ini kita hadir dizaman industry dan mengembangkannya agar dapat diterima oleh pengguna. Sebagai langkah untuk memfasilitasi hal ini, kami, sebagai industry, harus meyakinkan dan memastikan bahwa public merasa aman – dan yang lebih penting adalah bahwa mereka aman dalam menggunakan platform kami.”


Menurut data dari Huobi Blog, Huobi Security Reserve meningkatkan perlindungan cybersecurity untuk mencegah kemungkinan terjadinya aktivitas kriminal, termasuk didalamnya yaitu dilakukannya tes proteksi oleh pihak ketiga pada jaringan Huobi Security dan staff huobi security yang bekerja full-time yang mana mereka telah ditrainer dalam protocol bitcoin. Huobi Security memprioritaskan bagi keamanan dana klien Huobi.

Ethan Ng mengungkapkan bahwa perlunya standar khusus bagi exchange digital asset dan harus mempunya beberapa poin berikut; 

- Exchange harus memastikan bahwa jika terjadi sesuatu yang mengakibatkan hilangnya dana pengguna akibat kesalahan exchange, maka pihak exchange harus siap mengganti semua kerugian pengguna mereka. Huobi Global memberikan perlindungan dana invrstor untuk mengcover dana klien mereka, jika dikemudian hari terjadi sesuatu akibat kesalahan system exchange. Sebagai contoh, bahwa Huobi Security Reserve memiliki dana 20,000 BTC sebagai dana perlindungan bagi klien Huobi. Dana ini terbagi 20% dalam asset Huobi Token (HT) dari program buyback Huobi.

– Exchange harus memiliki tingkat keamanan tertinggi pada Wallet/ Dompet Digital Asset.

– Huobi menyimpan 98% dana klien nya dengan lebih aman yaitu dalam cold-wallet, dibandingkan jika menyimpan pada hot-wallet yang kemanannya rendah. Huobi security wallet protection mengamankan dana klien untuk melindungi dari tindak kejahatan Hacker.

– Huobi merupakan exchange pertama yang menerapkan SMARTChain evaluation model. Metodelogi SMARTChain evaluation model adalah bagaimana untuk menyaring dan mengimplementasikan proyek Blockchain, Latar belakang Team proyek tersebut, termasuk koin, Teknologi Platform, Asset dan Token yang berbasis dalam Asset Real. Team Huobi mencari informasi lebih banyak dan melakukan research/ penelitian terhadap sejauh mana tingkat potensial nilai/ value dari asset blockchain dengan control internal yang tinggi. Hali ini dilakukan untuk mencegah kecurangan pihak development sebelum asset digital proyeknya terdaftar / listing di market Huobi.

– Semua klien pengguna Huobi Global harus mengamankan aktivitas login mereka, kami menghimbau bagi klien untuk menggunakan 2 langkah autentifikasi dengan mengaktifkan fitur keamanan Google Authenticator.
Huobi Global memiliki sejarah perjalan yang panjang dalam dunia kripto sejak tahun 2013. Menurut data Coinmarketcap.com, Huobi Global merupakan Top 3 Exchange dengan volume perdagangan terbesar ke 3 diseluruh dunia. Huobi Global memberikan layanan yang dapat dipercaya klien, aman bagi perdagangan digital asset dan aktif di 130 negara diseluruh dunia. Huobi Global telah memiliki pengalaman lebih dari 5 tahun dalam mengakomodir asset keuangan digital dan melayani jutaan pengguna dengan mengatur dana lebih dari 10 Milliar dollar asset digital, Struktur Teknologi desentralisasi  dan Sistem Perlindungan anti-DDOS. Anda dapat mencoba menggunakan fitur perdagangan di market Huobi dengan membuat akun  Huobi Pro melalui link berikut.


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Wednesday, January 30, 2019

Nasdaq Is Now Working With 7 Cryptocurrency Exchanges


Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

Write by Michael del Castillo, Forbes Staff

Cryptocurrency exchanges who want to use Nasdaq’s proprietary surveillance technology need to have more than money. A team of about 20 people contribute to helping in an elaborate due-diligence process aimed at ensuring that any exchange who wants to use the technology that scans for fraudulent transaction patterns is both technically capable, and morally inclined to use the powerful software wisely.

For exchanges who pass the test (and can foot the bill) they’ll be granted access to the same surveillance technology Nasdaq itself uses to ensure its clients that trading volume is as free from fraud and manipulation as possible.

So far, seven cryptocurrency exchanges have passed Nasdaq’s muster, according to a Nasdaq representative speaking with Forbes, though only two, Gemini and SBI Virtual Currency, have been publicized. As more cryptocurrency exchanges seek to lure new customers, the assurance of Nasdaq’s technology is already being used to attract institutions and traders used to more mainstream venues.

During a briefing with members of media today, Nasdaq’s head of exchange and regulator surveillance team, Tony Sio, who works within the market surveillance division, shared the questions every cryptocurrency exchange must answer as part of a larger presentation on the state of the industry around the world.

 “Historically, we don’t do such a large vetting process for our clients because they are much more well-known,” said Sio. “But as we started working with less well-known names, startups, then we realized we needed to do this check process.”

During the briefing at Nasdaq’s offices earlier today, Sio presented a detailed overview of how the company on-boards its crypto exchange clients, broken down in to three categories: Business Model, KYC/AML, and Exchange Governance & Controls. While the press briefing was for educational purposes, in an interview following, Sio provided Forbes with further context, explaining how his team of legal and technical experts use the criteria to evaluate possible customers for risk. Not everyone makes the cut, he says.

The first section of a document, titled “Key Questions to Ask When Evaluating a Cryptocurrency Exchange,” was called “Business Model.” Of the questions in that section, one jumped out: “How reputable are the products available to trade on the venue?” What’s interesting about this is that it shows Nasdaq is concerned about who is using crypto assets, and how they are being used.

As questions about the importance of how a crypto asset was used in the past (Was it used to buy drugs? Does that matter?) continue to be sorted out, this point will likely only continue to raise in value.

The second section of the document is called “KYC/AML,” which stands for know-your-customer/anti-money laundering. Like the questions about business models, the most interesting question in this section relates to reputation. “What is the organizational structure and what are the founders’ backgrounds (i.e. tech expertise, financial markets expertise, etc.).” What stands out about this question is the importance that past experience plays. From the early days of cryptocurrency, and now into other crypto-assets, the industry’s biggest value proposition was that it would democratize finance and a wide range of industries by letting retail consumers build and manage their own financial products.

Instead of innovation coming from the top down, crypto would be grassroots. While Nasdaq has shown a willingness to work with some unusual clients in the cryptospace, the ones we know about support what these questions reveal about Nasdaq’s interest in working with proven entities, something other regulated exchanges and technology providers will likely follow. In the third and final section of the “key questions” document, “Are crypto asset listing standards in place?” is the most insightful. 

While some of the largest cryptocurrency exchanges, like Circle (which owns the Poloniex exchange) and Coinbase, publicly post their new asset listing process, others are much more opaque, leaving open the door to pay-to-play allegations and other potentially fraudulent activity.

Most recently, in June 2018 SBI Virtual Currencies run by Japanese financial giant SBI Holdings, announced it was using Nasdaq’s matching system. Before that, in April 2018, the heavily licensed Gemini cryptocurrency exchange run by Tyler and Cameron Winklevoss, announced it was using Nasdaq’s SMARTS surveillance system. “Our deployment of Nasdaq’s SMARTS Market Surveillance will help ensure that Gemini is a rules-based marketplace for all market participants,” said Gemini CEO Tyler Winklevoss in a statement at the time. Beyond providing technical support to these exchanges, Nasdaq’s interest in blockchain has been largely limited to investing in other non-cryptocurrency applications of the technology.

In September 2015 Nasdaq joined a $30 million investment round in Chain, a blockchain startup that eventually partnered with Nasdaq to launch Linq, a platform for issuing private equities. Then, last week Nasdaq led a $20 million investment in Symbiont, another blockchain company building services that eliminate middlemen in traditional financial workflows. While competitors like the New York Stock Exchange have partnered with Microsoft and Starbucks to launch its own cryptocurrency exchange, Bakkt, later this year, Nasdaq’s cryptocurrency exchange guidelines are likely to be limited to providing technical support for now.

“The objective that we’re trying to work with crypto, is we see this as a growing asset class,” says Sio. “So we’re working to help provide our technology, it could be around matching, it could be around surveillance, to help our customers as they grow their marketplaces.”

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Wednesday, December 5, 2018

Public Vote for Huobi Token Future – Airdrop HT or Burned HT ?


Public Vote for Huobi Token Future – Airdrop HT or Burned HT ?

Huobi, Leading of Digital Asset and Cryptocurrency Exchange announced that Huobi will be started a buyback HT (Huobi Token) program. This will be big chance for every holder of HT for making profit through holder HT. Currently, for started HT Buyback Program, Huobi will be used 20% funds of quarterly revenue Huobi and then Huobi giving back HT as airdrop to every Huobi Token holder. Today Huobi make announcement that 20% of quarterly revenue from HT buyback program will be airdropped to HT Holder or HT from buyback program will be burned ? This choice will be hearing from Public Voted.

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Wednesday, November 7, 2018

Huobi is not just a Cryptocurrency Exchange - Huobi is Leading of Blockchain Ecosystem


Huobi is not just a Cryptocurrency Exchange - Huobi  is Leading of Blockchain Ecosystem

Last week Huobi announced that Huobi Group have new Vice President Livio Weng. He is graduated from Tsinghua University with a Master's Degree in Software Engineering. Professional background of Livio Weng that is in fintech start-ups, peer to peer financial lending platform and social networking app with target users students in university. Before to be Vice president of Huobi Group, Livio Weng is Vice President of Jiedaibao, the peer to peer financial landing platform in Chinese which is raised over $600M asset to date. For know more about Livio Weng new President of Huobi Group you can read more exclusive interview with Livio Weng and How Huobi Group will be Leading in Crypto Industry.

Huobi Provide almost of all sector in Blockchain Ecosystem

Huobi Group is not just a Cryptocurrency Exchange, Huobi also provide almost of all sector in Blockchain Ecosystem. With many years experience of Huobi with their users, client project and crypto community, Huobi know what they need to be leading of Blockchain ecosystem and leading of Digital Asset Exchange. In addition Huobi Global is top three exchange in trading volume around the world. In 2018, Huobi Ecosystem is massive, Huobi has a mining pool, called Huobi Pool which is facilitates users to mining various types of cryptocurrency, on Huobi Pool there are so much community from EOS developer.
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For new users who want to learn more about quality blockchain project to adapted in real life, Huobi provide service Huobi Project Center.



In Investment sector, Huobi have two venture capital that is Huobi Capital and Huobi Global Ecosystem Fund, through this funds Huobi ensure users and clients to convenient when make partnership to developed blockchain project together with Huobi and for users to ensure security when they trade or save digital asset on Huobi Global Exchange.

Reduced Risk and Convenient to used stablecoin HUSD

Huobi Group has been released HUSD a Universal Stablecoin by Huobi. Benefit of HUSD is when users make deposit fund on four stablecoins (PAX, TUSD, USDC, GUSD) to their Huobi Global Account, it will be automatically converted to HUSD, 1 HUSD : 1 Stablecoin. For example,  you can make deposits to your account with 5 PAX stablecoins, then you have 5 HUSD,  when you want to make withdrawal you can choose what stablecoins you need, its free  converted through HUSD you can withdrawal 5 TUSD or 5 GUSD. With this way you can removed fee and reduced risk with bear market of stablecoin when make conversion in four stablecoins (PAX, TUSD, USDC, GUSD). For ensure and keep value of four stablecoin, Huobi also continue make audit in stablecoins price and stablecoins team.
Huobi Wallet Support to Store EOS Asset 

Huobi Group also released Huobi Wallet which is provides services to save multi currency digital asset and support to store multi chain digital asset. Huobi Wallet support BTC, BCH, ETH, EOS, ETC, LTC and all ERC20 Token, including USDT, PAX, TUSD, USDC, GUSD and other stablecoins. Fast and efficient to  store and exchange between different chains. For expanded service on Huobi Wallet products, especially on DPos Digital Asset, Huobi Wallet announced that is supported to store EOS. "EOS is among the most important Delegated Proof-of-Stake (DPoS) currencies so it was a natural choice for us to include on Huobi Wallet," said Huobi Group Vice President Livio Weng. Huobi Wallet available for Android users and IoS, you can try feature of Huobi Wallet and Download it from Official Huobi Wallet Website. Buy Digital Asset in Huobi Global and Store your Asset in Huobi Wallet ! Just  click this link for Create New Huobi Global Account to being a part of users Leading Digital Asset Exchange and Leading of Blockchain Ecosystem Huobi Group.
With many more innovation from Huobi to facilitate miner in Huobi Pool, serve investment venture and organizations to make investment in Huobi Capital, serve development quality blockchain project to make partnership with Huobi Group in Huobi Global Ecosystem Fund and Huobi Ecological Zone, expanding business in US Francisco with US Blockchain Project through Blockchain Incubator called Huobi Labs, serve users and crypto community to each other communicate in Huobi Community for selected quality blockchain project to voted with HT (Huobi Token) for listed in Huobi Next, and released Huobi wallet with support EOS asset,  so what next innovation and big news from Huobi Group in November and December, last month of 2018 year? Vice President of Huobi Group in their exclusive interview said "people may hear some very big news from us in December".
Like I said, Huobi is not just a Digital Asset Exchange, Huobi is a ecosystem of Blockchain Project, there are many blockchain project and digital asset make partnership and listed on Huobi Global Exchange. With Huobi, you can feeling convenient to trade and store digital asset.  Just click this link for Create New Huobi Global Account to being a part of users Leading Digital Asset Exchange and Leading of Blockchain Ecosystem Huobi Group.
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Disclaimer; The materials provided here is in general nature and does not take into your objectives, financial situation or yours needs. I share my prespective and my experience to provided my knowledge for readers this article. Consider your investment objectives, level of experience, and your financial resources, please research more information from source and official website to ensure yourself before your made investment in Digital Asset.


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