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News by Cointelegraph: Max Boddy
The Capital Market, Insurance and Saving Authority, a division of Israel’s Ministry of Finance (MoF), is looking to accelerate the process of procuring licenses for blockchain and fintech companies in the country.
Israeli business news outlet Calcalist reported the development on Aug. 19. According to the report, the authority has launched dedicated industry teams, some of which specialize in blockchain companies.
According to the report, the authority is hoping to foster local competition by licensing more fintech companies. Moshe Barkat, who was appointed as the supervisor for the department back in 2018, remarked:
“Business and technological innovation and the relationship with the industry are the basic principles that guide the Authority in its operations. The Authority is engaged in the licensing and regulation of fintech companies on a regular basis, including digital insurance companies, P2P platforms and credit providers, digital wallets, blockchain-based fintech ventures and other payment services providers.”
Additionally, preliminary research by the Israeli Securities Authority has shown that dozens of companies, at a minimum, could receive a work permit in Israel with minimal changes to their business models or technologies, per the report.
As previously reported by Cointelegraph, the nonprofit Israel Bitcoin Association has purportedly started a legal petition to make the Bank of Israel disclose local banks’ policies pertaining to crypto. An unnamed cryptocurrency investor has also started a class action suit against the Israel Bank Hapoalim, since they would not accept money deposits that were generated via Bitcoin (BTC) investments.
The complainant’s lawyer, Lior Lahav, emphasized that this banking issue is a problem affecting tens of thousands of investors in the country:
“There are more than 70,000 bitcoin investors in Israel who are facing the same problem from their banks […] 99 percent of them are ordinary people that invested in a thing that’s completely legal.”
Welcome to Uproar IPTV where quality and customer service are our #1 priority. We focus on US and Canadian content.
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We don't offer VOD or catchup but we do have 24/7 channels.
We have changed our packages around. Going forward you can purchase any number of connections you want, all you do is just add $* per additional connection. See below.
This can be any m3u and MAG combination you like.
Prices are quoted in Canadian dollars. (C=Connections)
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6 Month Packages ($16 per addt'l connection) - 1C = $30, 2C = $46, 3C = $62, etc.......
12 Month Packages ($32 per addt'l connection) - 1C = $50, 2C = $82, 3C = $114, etc.......
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PM me you won't be disappointed.
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Article by Forbes: Luke Fitzpatrick
CoinMarketCap has over 125 million people relying on its data as a reference price and trusted source of information on cryptocurrencies. Recently, it underwent a major algorithm change that impacted the way that the top 200 coins are ranked. For no apparent reason, some cryptocurrencies took a massive dive.
Out of those that were affected by the change, DAPS Coin was by far the worst. Adel de Meyer, the CEO of DAPS Coinwoke up this weekend, discovering that DAPS Coin shifted out of position 176 to position 1,173 in a single day. No explanation had been provided by CoinMarketCap as to why DAPS Coin had dropped almost 1,000 in rankings.
Adel de Meyer, CEO of DAPS Coin
In shock, de Meyer recorded a video sharing her thoughts on Twitter which has already received close to 10, 000 viewers. I reached out to de Meyer as I wanted to find out more information. Here’s what she had to say.
Question: What happened to DAPS Coin?
Adel de Meyer: Not too long ago, CoinMarketCap also referred to as CMC made some changes to their algorithm. Suddenly, without any warning, DAPS dropped over 1,000 in its rankings. Nothing has changed for DAPS to have dropped that low.
Other projects have less market cap, project activity and volume than DAPS, but yet their rankings weren’t impacted. Because of this, I could not understand why CoinMarketCap (CMC) dropped our ranking by this much. This is why I conducted an investigation and shared my findings on Twitter—the response was very supportive.
Question: What do you think about the requirements for the top 200 coins on CoinMarketCap?
Adel de Meyer: In my opinion, the requirements are vague and open to interpretation. There is no definitive method by which one can state that if the requirements are fulfilled, you will be ranked appropriately. Their direct competitor CoinGecko has its methodology published publicly, so it gives projects a fair and equal chance to rank better for their project’s visibility and credibility.
CMC methodology states that one of the ranking factors are “significant liquidity/trading activity with normal bid-ask spreads across sufficient sources of market data.” This, in my opinion, motivates wash trading to comply with this requirement. So if one exchange listing falls low on liquidity, it is up to the project to employ market makers to ensure “normal” bid-ask spreads across the board.
In my opinion, this does more harm than good to innovation, startups and the overall growth of the cryptocurrency industry. For the top 200 rankings, they also use something called Indices. “The CoinMarketCap Indices are a suite of benchmark indices designed to be the most comprehensive in the market, measuring the performance of the top 200 cryptocurrencies by market capitalization traded in USD.”
The methodology principles state that “all eligible cryptocurrencies are ranked by their current market capitalization.” To me, this is confusing because the market cap is not what CMC ranks you with any more.
Question: Can you explain what safekeeping is?
Adel de Meyer: Safekeeping is synonymous for deposit or surety. Some of the bigger exchanges require a set amount of money (some up to 1 million dollars) that you guarantee for a year to use and trade with, in case your volume drops. Exchanges will do this to maintain volume and not damage their reputation. That’s because exchanges want to show “volume and activity” for each coin, and this is a “questionable practice.”
This is mainly, in my opinion, due to them wanting the high rankings on CMC to attract users and new listings, and they can demand huge listing fees when they are perceived as the biggest with “most volume.” Rumors have been making the rounds that some cryptocurrencies are paying exchanges like CoinMarketCap for higher listings. If this is indeed happening, then this is completely unethical.
Question: How does the CoinMarketCap decision impact the blockchain community?
Adel de Meyer: This is a fundamental issue for multiple reasons:
Question: Are there any new interesting developments at DAPS?
Adel de Meyer: Our code is currently undergoing a security audit by Red4Sec who is well-known for work with other large projects like NEO. We also just returned from Canada’s largest blockchain event called Futurist, showcasing how DAPS Coin is competing in the privacy coin space. Lastly, we’re planning for the launch of our mainnet, which we are pretty excited about—this will launch at the end of September 2019.
Welcome to Uproar IPTV where quality and customer service are our #1 priority. We focus on US and Canadian content.
Uproar Channel List - https://drive.google.com/folderview?id=1VqeU05LPSexOoLJcCxDt0hoX1bgvnRMe
We will provide you will all the connection details, apps and guides to get you going.
We don't offer VOD or catchup but we do have 24/7 channels.
We have changed our packages around. Going forward you can purchase any number of connections you want, all you do is just add $* per additional connection. See below.
This can be any m3u and MAG combination you like.
Prices are quoted in Canadian dollars. (C=Connections)
1 Month Packages ($4 per addt'l connection) - 1C = $10, 2C = $14, 3C = $18, etc.......
3 Month Packages ($8 per addt'l connection) - 1C = $20, 2C = $28, 3C = $36, etc.......
6 Month Packages ($16 per addt'l connection) - 1C = $30, 2C = $46, 3C = $62, etc.......
12 Month Packages ($32 per addt'l connection) - 1C = $50, 2C = $82, 3C = $114, etc.......
Payment Options......
Trials do not contain WWE Network and ppv events
PM me you won't be disappointed.
i will contact venues and vendors on you behalf to get quotes for your event
i'll need the dates (example febuary 5th 20200
the general geographic area (exaple 15 miles from santa barbara)
and the family name (example "i am contacting you on behalf of the smith family")
i'd like to be paid in bitcoin and i'm happy to use an escrow service
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Hey guys,
As stated above, I have free power on 220V. I am looking to buy miners. I am SUPER NEW and have not bought any bitcoins in my life. I am also very skeptical of public wallets after the mt gox fiasco so I will prefer to keep my coins in a personal wallet.
I have a few questions though.
Please give me any other suggestions that you deem useful, thanks.
Binary Count is a resourceful platform that offers complete guides and strategies about latest market trends and fundamentals of trading.
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Get free Unique SLP SANDWICH 🥪 tokens (similar to crypto kitties): https://memo.cash/post/264deb2a2ac560d154bc2f89d54811b0797092669250689bc60b794b6102f84f
Anyone that runs into me and has one of these gets to eat a free sandwich, depending on the sandwich-type of the token.
https://memo.cash/blog/non-fungible-tokens-slp-nft:
Memo now supports Non-Fungible Tokens!
SLP tokens have become popular on BCH and on Memo. So far, there has been a single type of SLP token. Last month the SLP team released a spec for a 2nd type of SLP token, Non-Fungible Tokens (NFTs).
With normal SLP tokens you can send any quantity. NFT SLP tokens are "non fungible", meaning each token is unique. Tokens cannot be split or combined. Each token can only be sent by itself.
In the Ethereum world, standard SLP tokens can be thought of similar to ERC-20 tokens. ERC-20 tokens are known to be used for things like ICOs. The new SLP NFT tokens are similar to ERC-721 tokens. ERC-721 tokens are known to be used for crypto collectibles, like CryptoKitties.
NFT child tokens are linked to NFT group tokens. NFT group tokens work like standard SLP tokens in that they can be combined and split. An NFT child token is created by burning a group token.
An example use case for NFT tokens are event tickets. The events would be NFT group tokens and tickets would be NFT child tokens. Since each child token is unique, they can have information like seat number, etc.
Wallets must update to support NFT tokens. Until a wallet has upgraded it is unsafe to send NFT tokens to that wallet, even group tokens. NFT tokens use a different token type and if a wallet does not properly support them they will get burned. It does not look like many wallets have added SLP NFT token support yet. Until you are sure a wallet supports NFT tokens, do not send NFT tokens to that wallet.
For more info about the differences between SLP token types, check out this Bitcoin.com article: https://news.bitcoin.com/slp-developers-publish-specs-for-a-unique-type-of-non-fungible-tokens/
For more info on the SLP spec, see their Github: https://github.com/simpleledger/slp-specifications/blob/master/slp-nft-1.md
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