Perpetual Contract Public Testing Launches: Trade & Win BTC, CET Rewards

Dear CoinEx users,

We are thrilled to inform you that the public testing of CoinEx perpetual contract is officially launched with Trading Challenge, Newbie Party and Bug Bounty promotions.

Participate in Trading Challenge & Win up to 10,000 USD rewards

Duration: 10:30 May 17, 2019 (UTC) - 10:30 May 31 (UTC)

Trading Challenge
1. Participation rule: During the event, every CoinEx user's MAIN account will be credited with 10 FAKE BTC to use as Initial Margin at the beginning of the challenge.
2. Qualification rule: MAIN accounts in Perpetual Contracts
3. Ranking rule: All the qualified participants will be ranked in descending order of profits and rewarded with corresponding amounts of BTC.
4. Rewards: 10,000 - 100 USD worth of BTC for Top 100 participants. You may view the detailed reward allocation HERE.

Newbie Party
1. Participation rule: A total amount of 1,000,000 CET will be allocated to CoinEx users who have completed the required newbie tasks.
2. Tasks: Complete Advanced Verification - Enable contract trading - Open and close positions at least once for both during the event
3. Rewards: Every CoinEx user has a chance to receive 100 CET for completing all the tasks on a first-come-first-served basis.

Bug Bounty
If you’ve encountered any bug or improvement ideas while trading CoinEx Perpetuals, please report it by submitting a ticket.
1. Valid Suggestions: A 100 USD worth of BTC reward per suggestion accepted by the team.
2. Complex Bugs (Affecting the functions of the website): A 500 USD worth of BTC reward per complex bug.
3. Major Bugs (Evaluated by the R&D team): A 2,000 USD worth of reward per major bug

CoinEx Perpetuals Guide
It's recommended to take a thorough look at the trading rules and help center before you take part in this event: https://support.coinex.com/hc/categories/360001448453

MUST READ before participation
Trading Challenge
1. Margin: During the event, the margin in your contract account balance is NOT REAL and is NOT available for inter-transfer or withdrawal and will be erased after the promotion.
2. All qualified participants will be ranked in descending order of the profits and users with minus profits will NOT be included in the rankings.
3. Sub accounts are NOT qualified for this event.
4. The BTC rewards will be allocated to the winners' accounts in 3 business days against the real-time rate at the ending time.
5. The rewards are REAL Bitcoins that can be used as Margin, traded, transferred and withdrawn.
Newbie Party
1. The CET rewards are given away on a first-come-first-served basis.
2. Each and every CoinEx account is ONLY available for ONE newbie reward: Max. 100 CET.
3. The CET rewards will be allocated to the winners' accounts in 3 business days at the end of the event.
4. The rewards are REAL CoinEx Tokens that can be traded, transferred and withdrawn.
Bug Bounty
1. The BTC rewards will be allocated to the winners' accounts in 3 business days against the real-time rate at the ending time.
2. The rewards are REAL Bitcoins that can be used as Margin, traded, transferred and withdrawn.

Reminder
1. Risks: The trading challenge is simulated for the purpose of providing users with a chance to learn about contract trading. Contract trading is a highly risky financial product for experienced traders. Inadequate trading knowledge will result in major losses. Hence, users would be well advised to be prudent in such trading activity.
2. Malicious behavior: Participants will be disqualified from the event on the grounds that CoinEx deems their acts might create a disorder.
3. Please stay tuned for the date of the official launch of perpetual contract on CoinEx.
4. CoinEx reserves the final right of explanation for this announcement.

CoinEx Team
May 17, 2019

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[Daily Discussion] Monday, May 20, 2019

Thread topics include, but are not limited to:

• General discussion related to the day's events
• Technical analysis, trading ideas & strategies
• Quick questions that do not warrant a separate post

Thread guidelines:

• Be excellent to each other.
• Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:

• Get an invite to live chat on our Slack group
• Set your flair to trade pretend money in the Flair Game
• Weekly threads: Newbie Mondays and Fundamentals Fridays

[Daily Discussion] Monday, May 20, 2019

Thread topics include, but are not limited to:

• General discussion related to the day's events
• Technical analysis, trading ideas & strategies
• Quick questions that do not warrant a separate post

Thread guidelines:

• Be excellent to each other.
• Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:

• Get an invite to live chat on our Slack group
• Set your flair to trade pretend money in the Flair Game
• Weekly threads: Newbie Mondays and Fundamentals Fridays

Weekly news review (May 11-17)

Good morning everyone! How's Monday going for you so far?

As usual, let's take a look at last week's news highlights in more detail.

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• Samsung to roll out crypto features on budget Galaxy phones

South Korean electronics giant Samsung is planning to bring cryptocurrency and blockchain features to more phones across its Galaxy range.

Citing a press release from Samsung, Business Korea reported on Tuesday that the firm would make its digital wallet app available even on lower-cost models and will further expand the crypto features to more jurisdictions.

The Samsung Blockchain Wallet is currently only available on Samsung’s recently launched flagship phone range, the Galaxy S10. The S10 additionally comes with blockchain features such as digital signing and decentralized apps (dapps), which the report appears to suggest may also be added across the Galaxy range.

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• eBay denies rumors it will start accepting crypto, despite advertising at crypto event

eBay has denied rumors that it is going to start accepting cryptocurrency as a payment method, according to a Bloomberg report on May 14.

Speculation has been mounting since the e-commerce giant took out ads at the Consensus conference in New York City. One of the billboards said:

“Virtual Currency. It’s happening on eBay.”

But Sunayna Tuteja, the company’s head of digital assets, told Bloomberg:

“Currently we’re not. We have what we call paperMoney, which is what our clients can try for trading strategies. It was a simulation. So there was no actual execution.”

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• Crypto exchange Binance restarting services after post-hack upgrade

Cryptocurrency exchange Binance has announced that it is back online after completing a security upgrade prompted by a recent hack.

Kicking off at 03:00 UTC Wednesday, the upgrade meant that all services were suspended during this period, according to a Binance support message. A two-hour extension to the upgrade was announced the next morning as some tasks took “longer than expected.”

Deposits and withdrawals have been offline since the hack, which Binance said saw 7,000 BTC (worth about $41 million at the time) stolen from the exchange’s hot wallet. Exchange customers would not be affected by the losses, Binance said.

Following the breach, CZ said in a blog post that the exchange would make “significant” changes related to its application programming interface (API), two-factor authentication (2FA) and withdrawal validation to reduce the risk of future hacks.

The exchange did not disclose full details regarding these efforts due to security concerns, but did say it’s also improving risk management and know-your-customer procedures to fight phishing, among other measures at the back-end.

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• Bitcoin breaks $8,000 for first time since July 2018

Monday, May 13 —  Following a solid to break above the $7,400 mark earlier that day, bitcoin (BTC) has broken $8,000, with all top-20 cryptocurrencies trading in the green.

Apart from bitcoin, bitcoin cash (BCH), binance coin (BNB), IOTA (MIOTA), Tezos (XTZ), and Ontology (ONT) have also reported double-digit gains, from 10% to 17%, according to CoinMarketCap.

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• "GozNym" banking malware gang dismantled by international law enforcement

In a joint effort by several law enforcement agencies from 6 different countries, officials have dismantled a major global organized cybercrime network behind GozNym banking malware.
GozNym banking malware is responsible for stealing nearly $100 million from over 41,000 victims across the globe, primarily in the United States and Europe, for years.

GozNym was created by combining two known powerful Trojans—Gozi ISFB malware, a banking Trojan that first appeared in 2012 and Nymaim, a Trojan downloader that can also function as ransomware.
The United States has charged ten members of the GozNym criminal network, 5 of which were arrested during several coordinated searches conducted in Bulgaria, Georgia, Moldova, and Ukraine.
However, rest of the five defendants reside in Russia and are on the run, including one who developed the GozNym malware and leased it to other cybercriminals by advertising it on underground, Russian-language, online criminal forums.

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What are your thoughts on the above? Let us know in the comments section below!

Bitcoin ETF Approval Rumors Fly as ETF Event Welcomes 'Crypto Mom'

https://bitcoinist.com/bitcoin-etf-sec-keynote-approve-rumors/

[Daily Discussion] Monday, May 20, 2019

Thread topics include, but are not limited to:

• General discussion related to the day's events
• Technical analysis, trading ideas & strategies
• Quick questions that do not warrant a separate post

Thread guidelines:

• Be excellent to each other.
• Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:

• Get an invite to live chat on our Slack group
• Set your flair to trade pretend money in the Flair Game
• Weekly threads: Newbie Mondays and Fundamentals Fridays

MaxiMine Forms Strategic Partnership With Jinse Finance as Salon Series Hits Chengdu

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Distributed cloud-based pool mining platform, MaxiMine, is honoured to announce that it will be joining the incoming Jinse Salon Series as a strategic partner this May. MaxiMine’s CTO and Operations Executive (China), Mr. Yao Kunhua, has been invited to be a guest speaker at this event and will be speaking on the ecosystem of MaxiMine’s mining farm that promises to invigorate the crypto mining scene.

MaxiMine's CTO and Operations Executive (China) Mr Yao Kunhua

Mr. Yao is an early investor of Bitcoin and has always believed in its innate potential. As an expert on blockchain technology and its technical infrastructure, Mr. Yao is well-versed with fintech and has had seven years of experience in the blockchain field. Mr. Yao was also one of the earliest business partners of the mining pool, antpool.com, that was reported to be the largest Bitcoin mining pool in 2018 based on its Bitcoin network hash rate.

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Following the successful launch of the Avalon Mining Rig 1st Generation in 2013, Mr. Yao started his own mining farm that has since expanded quickly in both scale and capacity. With multiple branches across the region such as in Inner Mongolia and Sichuan, its unrivalled growth has broadened the scope of its services and strengthened its research and development sector. Presently, the farm claims ownership of over 20 patents with many new proprietary technologies under its belt.

A common saying circulating in the crypto mining circle goes like this: “Success hinges entirely on the riding of the tide.”

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To those familiar with the crypto mining industry, a rise in tidal waters is a cause for celebration as it signifies a greater electricity output with lowered utility costs and wider margins of profits.

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During the wet season each year, it is a race among miners to scour the land for the lowest cost of electricity to ensure a smooth sailing ride into monetary victory. As the wet season is just right around the corner, what can people expect the outlook for miners to be this year?

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The theme of the upcoming salon in Chengdu — Mining: Riding the Wave of the Market into the Future — seeks to address the above question and will delve deeper into the infrastructure and ecosystem behind a successful mining farm. The event is set to begin on 23rd May 2019 at 1 pm and will be graced with the presence of several industry representatives from renowned blockchain corporations.

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In addition to MaxiMine CTO, Mr. Yao, who will be speaking at the event, a few other illustrious names in the industry are also been added to the list of guest speakers.

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Some of these speakers include BTC.com CTO, Zhuang Zhong, Blockin co-founder and Operations Executive, Zhu Fa, Antpool.com co-founder, Tian Xin, Tomorrow co-founder and Vice President, Weng Ziyao, Head of Chouge Mining, He Kan, Canaan Blockchain Business Unit general manager, Shao Jianliang and F2pool Marketing Executive, Liu Chao.

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Participating Brands at Jinse's 28th Salon Series

A panel discussion themed “Pushing Boundaries During the Wet Season and Seeking Where the Future Lies” will also be held, and will be helmed in with invaluable insights and contributions from the distinguished guest speakers.

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With such an exciting line-up, one cannot help but stay tuned for more.

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About MaxiMine

MaxiMine is a highly efficient and transparent cloud-based pool mining platform. Its headquarters is located in Singapore and has a strong international presence in the industry. Since its launch, MaxiMine has been garnering positive attention for its innovative business model and operational capabilities, paving the way for unfaltering growth ahead.

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To find out more about MaxiMine, visit their socials at:

Website: https://maximine.io/
Telegram: https://t.me/maximine
Reddit: https://www.reddit.com/r/maximine/
Twitter: https://twitter.com/maximinecoin
Medium: https://medium.com/@maximinecoin
Bitcointalk: https://bitcointalk.org/index.php?topic=3247389.0