Archive for 'Crypto reviews'

What Is a Branded Browser?

To make a branded browser, a company takes an already existing browser (Mozilla Firefox, Opera, Chromium or Chrome) and makes some insignificant modifications to it. They rename a couple of menu choices can change a symbol or add advertising spots or extensions, search boxes.

An example of a branded browser is the Russian government’s”Sputnik-Browser,”built upon Firefox and dependent on the government-owned”Sputnik” search engine.

The browser provides features like blocking”unnecessary content,” protecting children with”parent control,” cutting out”the most annoying and awful ads,” and so on. Additionally, you can access the official pages of local government, access local government services’ phone numbers and local maps.

The Sputnik Browser has a feature for parents called”online scoring.” It works through”” (dnevnik means diary in Russian), an internet school ratings service and Parents can observe how their kids are doing in the school right from workplace or their home by means of this extensionBitcoin Casino Reviews: browser won’t work on Linux-based OS and is just for Windows, Android and iOS. In the future, developers promise fresh Synchronization Feature and combined login system.

Porn, Tits and Schoolgirls

“It’s very important for us when typing’schoolgirl’ in the search box to find women in accurate dresses and white aprons, but not something different,” says Rostelecom Vice President Alexey Basov when asked about the government-curated Sputnik search engine.

Russian users appeared to test the search engine filtered this pornographic content out. Statistics show that main words searched on Sputnik during May 29, 2015 may was”Tits” and”Porn.” On the same day, Yandex statistics showed”odnoklassniki” and ???” (popular Russian social networks) words as a primary search requests. This means most of consumers used the Sputnik search engine just to look that it blocks, which brings its purpose of censorship into question.

Since the launch May 22, 2015 of Sputnik its user count fell by six timescasinos special bonuses sites casino heroes review On May 22, it was at about 141.8 million users, but by May 27, only 23.6 thousand searches went through the browser.

Yandex Branded Browser

The Yandex e-mail service is scary to use due to context advertising right in the mailbox and a standard”we will disclose your info to the authorities” license agreement.

Yandex is a small version of Google, with surveillance. The feature is enabled in the browser via a so-called”smart speech line,” which sends any input to Yandex servers for”analyzing.”

Yandex is a closed source project, according to Chromium source code and some other open source projects. It has a list of tools for comfort surfing, and it might be a tool for work if you believe you don’t need privacy. By way of example, foreign journalists could use this search engine as a compass for Russian”soda” sections of the Internet.

The agency’s privacy policy contains all the necessary permissions for the enterprise to steal userdata and provide it to authorities”during the legal procedure.”  See 1.1.2 and 4 paragraphs for additional information.

There are lot of products created by webmasters from all over Russia, both for private and government companies, to spy on users and make some profit. When you do not let anyone — just avoid using them and see their products know what do you do on the net. Government software is the most dangerous in Russia, because it records everything.

Corporate software makes no difference, since it has no strong encryption and all the private user data can be intercepted directly by anyone (including the hackers) or by request.

Western IT-companies use cookies for tracking user activity and placing context ads. They collaborate in cases by themselves with authorities. Private businesses trying to hide facts, However, the in USA. In Russia they simply don’t care.

What do you think of Russian branded browsers? Let us know in the comments below!

Images courtesy of AppleApple, Yandex.


UBS Requires Money Laundering Charge Dropped

The tax fraud and money laundering trial in France of UBS Group AG and its executives started last week after seven decades of investigation.

The largest bank in Switzerland with offices in over 50 nations has requested for the French constitutional court to”drop money laundering charges and restrict proceedings to complicity in tax fraud, which carries lighter penalties,” Reuters reported Thursday. However, the court rejected this request, noting that the bank’s arguments were”devoid of seriousness,” the news outlet detailed, elaborating:

Its unit UBS Group AG and six executives and former executives face charges of money laundering and aggravated tax fraud in an investigation into allegations they helped wealthy clients avoid taxes in France.

Up to 5 Billion Euros Fine Plus Damages

During the investigation, UBS Group turned down the authorities’ settlement deal of 1.1 billion euros, the book hauled. “The sum corresponded to what the Swiss bank had already paid as a court bond, according to judicial sources.” The information outlet

If found guilty of money laundering, UBS may be fined up to 5 billion euros ($5.8 billion). French criminal law allows judges enforce penalties as high as half the amount laundered and in this case prosecutors estimate that around 10.6 billion euros was denied to the French tax authorities and bitcoin lottery casino review.

According to Reuters, the bank may also face damages awarded to the French tax authorities for the lost revenue and the executives risk jail time.

The whistleblower told the publication that he hoped for a stiff penalty for Switzerland’s biggest bank, stating that”If they set an example with UBS, most other banks will be scaredBetChain app 2009, UBS went through a similar trial in the U.S. and paid $780 million in settlement. In 2014, the bank was on trial in Germany and paid 300 million euros in fines.

Recently, a variety of megabanks have been under fire for alleged money laundering activities. Danske Bank, denmark’s largest bank , allegedly engaged in money laundering through its division that could total 200 billion euros. The probe into Danske Bank has implicated Deutsche Bank and Citigroup.  Last month, ING Group, Netherland’s largest retail bank, was fined $900 million for money laundering. also recently reported that Nordic region’s biggest bank, Nordea, was suspected of money laundering.

What do you think about the French court refusing to drop money laundering charge against UBS and its executives? Let us know in the comments section below.

Images courtesy of Shutterstock and UBS.

Have to compute your bitcoin holdings? Check our tools sectionFortune Jack site


Luxury Apartments in Turkey Are Available for Purchase Using Bitcoin in an Attempt to Capitalize Upon a Growing Interest in Cryptocurrency From Turkish Investors

The luxury apartments have been realized by the Turkish firm Anadolu Akaryak??t ve Ticaret Ltd.. Sti, who has named the 114 apartment development the’MiaVita Beytepe’ project.

Erdal Daldaban, the”Project Management Firm owner”, has enthusiastically described the foray of MiaVita Beytepe’s into electronic currency, highlighting the growing interest in bitcoin being generated among Turkish investors. “We decided to create sales via Bitcoin, which has recently attracted the interest of Turkish investors with its recent value path, considering that we can also draw the attention of our clients who appreciate their investments like this”, adding that”digital money has turned into an element that could no longer be ignored for the international economy. The most remarkable progress in these digital currencies was the fact that BitCoin provided technical infrastructure stability and consciousness, and the Turkish investor was rightly interested.”

Daldaban has sought to assure potential investors, saying that”bitcoin is independent of monetary policies that control traditional currencies and functions on its own channel as it is not tied to any Central Bank.”

Turkey’s Banking Regulation and Supervision Agency Issued a Statement in 2013 Which Is Seen to Have Confirmed the Legality of Bitcoin

The 2013 release concludes that bitcoin is not regarded as electronic money according to Turkish laws,”and thus its own surveillance and oversight aren’t feasible within the frame of the law.”

Although Turkey has not updated its official stance regarding bitcoin since 2013, Turkey’s Banking Regulation and Supervision Agency announced that it would seek to”prevent the use of other spending methods, such as bitcoin, ethereum, and ripple, for illegal gambling activities” as part of an initiative designed to crackdown on black market gambling and best bitcoin casino usa reviews. During August of this past year, Turkey’s only bitcoin market, BTCturk, announced that it would cease operations because of its inability to discover a banking partner — indicating that despite bitcoin’s legal status within Turkey, domestic financial institutions are reluctant to partner with cryptocurrency businesses.

The MiaVita Beytepe project joins a number of properties that were listed for sale in exchange. In exchange for bitcoin, a house in Austin, Texas was sold during last week. A 18, A London home was listed with a minimum asking price of 500 bitcoins for salebitcoin casino best bonus bitcoin casino instant deposit At the beginning of the month, Michelle Mone and Douglas Barrowman announced plans to sell 1,133 Dubai apartments in exchange for bitcoin, in partnership with Bitpay and Knox Group, with the 40-storey tower flats set to become the first properties in Dubai’s Science part to be sold and priced in exchange for a cryptocurrency settlement. This year has seen two properties located in the Canadian city of Coquitlam listed for amounts of bitcoin, despite present outside of Canadian finance and property regulations.

Would you consider buying or selling property in exchange for bitcoin or other cryptocurrencies? Share your thoughts in the comments section below!

Pictures courtesy of Shutterstock

Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That is why we are building this universe revolving around anything and everything Bitcoin. We’ve got a shop . And a forum. And a casino, a pool and real time price statistics.


The Ripple Consensus Ledger Concept

Since this company has been focusing on the development of blockchain technology, most digital currency enthusiasts will know the title Ripple. Or to be more precise, they supply financial players — mostly banks — which will help reduce prices with global financial settlement solutions.

But that is not all this company since they need to provide tradesGet up to 1 Bitcoin Free on TrueFlip bonus code Settling these transactions in real-time is made possible thanks to this Ripple Consensus Ledger, which can be the distributed ledger for its XRP digital asset. Unlike Bitcoin miners, the Ripple system uses individual validators to confirm transactions and bitcoin casino with high payout chance.

Ripple Consensus Ledger

One of those Ripple validators will be conducted by MIT, as their Connection Science research initiative is exploring the options of a global Byzantine consensus database. As MIT is among the world’s most renowned institutes this news is a notch in the belt for Ripple. Moreover, the network will be strengthened by more validators on the Ripple Consensus ledger, and offer decentralization for this concept.

MIT Professor, Alex Pentland, shared his vision as follows:

In this new experiment with Ripple, we are taking MIT’s experiential research strategy to the blockchain, and we expect this collaboration provides us new opportunities to test and deploy information programs and research.We’re pleased that the Ripple team has fostered a meaningful dialog with us about the future of fund through the decentralization of electronic currencies and value.

Professor Pentland and Managing Director David Shrier will lead the involvement of MIT . Furthermore, MIT Connection Science will continue to develop novel blockchain initiatives, and open source their code projects under the Internet Trust Consortium”umbrella.”

Both entities have a whole lot of mutual respect for one another, and Ripple is excited to have MIT on board. Allowing money to move freely through the world — like how information is shared on the Internet —  is a substantial project, and having such a renowned institute contribute to these efforts can be invaluable to Ripple.

It must be said that MIT will not have to use up resources to be a validator on the Ripple Consensus Ledger. All of these systems may be compared to running an email server, and are extremely lightweight. Bearing in mind how 30 banks around the world have embraced this technology, exciting things seem to be on the horizon for all parties involvedbest bitcoin casino guide best bitcoin casino no deposit bonus

What are your thoughts on MIT getting a validator on the Ripple Consensus Ledger? Tell us in the comments below!

Source: Business Wire

Pictures courtesy of Ripple, MIT,


The AMCM Informed Local Financial Institutions That They Must Not”Participate in or Provide… Financial Services Related to [Virtual Currencies]“

China’s current cryptocurrency crackdown has triggered the ban on financial institutions providing services to firms of macau. The Monetary Authority of Macau states that”because of recent happenings of funding activities through issuance of tokens from the Mainland, financial institutions and on-bank payment associations are prohibited explicitly by Mainland authorities from providing services for these tokens and virtual currencies.”

Macau, officially known as the Macao Special Administrative Region of the People’s Republic of China, is a sovereign land administered under Chinese sovereigntyBITCOIN LOTTERY scam Gambling is legal in Macau, unlike mainland China, making the land a regional hub for casinos and gambling. Macau has been the subject of a crackdown on money laundering by Beijing, with Chinese regulators moving to track capital outflows into the territory — such as the introduction of ATMs that scan for recognition and identity card checks throughout Macau during cash withdrawals.

According to Reuters China, the AMCM stated that”in light of the recent development of a high number of inward currency issuance financing activities, speculation in speculation, the mainland ministries have prohibited financial institutions and non-bank payment agencies to offer financing for the currency and digital money and bitcoin live casino no deposit bonus.” Macau’s financial regulator also said that it had sent a”letter to all banks and payment associations in Macao, shouldn’t directly or indirectly participate in or provide any financial services associated with [virtual currencies].”

The Macau Dragon Corp.. Is Conducting an ICO to Finance the Growth of a Casino

Macau’s ban on financial institutions providing services to virtual currency companies comes during the same week that Macau-based gaming company, Dragon Corp., launched an initial coin offering to raise $500 million USD to the building of a casino in partnership with Thai-based Wi Holding. The CEO of Wi Holding, Chakrit Ahmad, told CNBC that the crowdsale will comprise”the first time anybody has allowed the public to invest in a public junket or become a shareholder of a casino.” The ICO won’t be subject to the crackdown of Macau due to this crowdsale being issued in Hong Kong.

Dragon Corp’s crowdsale has generated controversy in China, as the 61-year older former-boss of infamous criminal organization Triad Society, Wan Kuok-Koi, was photographed at the signing ceremony for the partnership between Dragon Corp. and Wi Holding.

Do you think that Dragon Corp.’s ICO will successfully evade Chinese and Macau regulators? Share your thoughts in the comments section below!

Images courtesy of Shutterstock

Want to create your own secure cold storage paper wallet? Check our tools section.


New Virtual Currency Policies Coming to the Philippines

Philippine Central Bank Deputy Governor Nestor A. Espenilla reported last June that the Philippines central bank, Bangko Sentral ng Pilipinas (BSP), was preparing new guidelines towards Bitcoin companies in the area. Now the BSP deputy governor, Nestor Espenilla, has published a round (BSP Circular ???944) that defines the government’s position concerning Bitcoin operations. In the record, the BSP says that it aims to regulate virtual currencies that apply to all payment systems and remittance platforms. Essentially, it applies to any operation that may have”material impact on anti-money laundering (AML) and combating the financing of terrorism (CFT), consumer protection and financial stability,” explains the BSP.

The central bank will start implementing the regulations and rules which govern operations of digital currency exchanges in two weeks and bitcoin casino binary options. The BSP circular notes that the guidelines are not endorsements of bitcoin and other review The Bank does recognize that virtual currency solutions have great potential. The governor’s circular states:

Bangko Sentral recognizes that Virtual Currency (VC) systems have the potential to revolutionize delivery of financial services, especially for payments and remittance, in view of the capacity to provide faster and cheaper transfer of funds, both domestic and global, and might further support financial inclusion.

Bitcoin Remittance Expert Weighs In

Bitcoin remittance specialist Luis Buenaventura

After the BSP circular announcement, Bitcoin remittance expert Luis Buenaventura revealed his view of policies and the central bank’s definitions. Buenaventura has done extensive research on Bitcoin’s connection with global remittances by studying strategies and startups in the space like Bitspark and Abra. In his opinion, the guidelines in the Philippines define all digital money exchanges to be treated as remittance businesses.

“It certainly appears like the purpose is to take care of any business handling Bitcoin as a remittance agent, even though remittances aren’t the principal purpose of that firm,” explains Buenaventura.

The new guidelines do not offer any concessions for order-book exchanges that don’t have any international footprint, nor do they explain the situation for sole proprietors buying and selling BTC on Localbitcoins. I’m unsure what sort of impact this will have on the Bitcoin startups operating within our borders, but I expect that it will not put the brakes on the momentum that’s been building up over the past few years.

The Central Bank is Learning About Bitcoin, But Definitions Are Too Wide

The Bitcoin industry within the Philippines will have to wait and see how these policies take effect in the countryBetcoin casino Buenaventura states bitcoin exchanges and remittance startups have made a lot of progress since 2013, but still have a ways to go. Furthermore, he’s encouraged that the BSP spent plenty of time learning about Bitcoin, however, the central bank has”vastly overestimated just how much of it is actually used for remittances.”

“From one angle, it is very good news that the government is finally recognizing that we exist and acknowledge that our efforts do have a positive social effect on our nation,” Buenaventura adds.

What do you think about the Philippine central bank regulating Bitcoin? Let us know in the comments below!

Pictures via Shutterstock, BSP, Medium, and Pixabay. 

Do you need to discuss bitcoin in a comfortable (and censorship-free) environment? Check out the Forums — all the big players in Bitcoin have posted there, and we welcome all opinions.


Petya Ransomware Funds Travel Through the Tumbling Process

As the mainstream media portrayed it to be the Petya ransomware was not as mad, and the creators made off with $8,000 in extortion funds. One of the reasons was a result of their email. What is interesting about the Petya ransomware is that the hackers chose to use funds as opposed to collect to multiple addresses widely used in these kinds of protocols. After a couple of days, the hackers began moving the money to different addresses. Individuals following the funds believe the money was sent through a platform that mixes bitcoins to be able to obfuscate the procedure that is sending or a tumblerbitcoin deposit ignition casino best bitcoin casino online blackjack id=”attachment_52188″ class=”wp-caption aligncenter”>A depiction of a Coinjoin mix or tumbling process and best bitcoin casino 2015.

‘A Vast Majority of Transfers had Over fifty Total Transactions’

According to the publication Quartz these bitcoins will be hard for law enforcement to find. The information outlet says the money was followed by them as far as they could, but the bitcoins were shipped through a series of transfers and one of them was a bitcoin exchange. After the first few hops, the book details funds were sent to a”high volume speech” which they supposed was the trading platform.

They could only speculate on which transactions belonged to Petya , after this stage Quartz explains.

“We collected each spent output from that speech, then each spent output from those addresses, and so on,” explains Quartz columnist Keith Collins. “In order to restrict the number of rabbit holes that the crawler followed, we only included transfers which occurred within eight hours of the first outgoing transaction from the first wallet. We believed high-volume wallets to be wallets that had three or more complete trades, as returned from the API, but the vast majority of those had more than ten total transactions.”

This film depicts the Petya funds that were mixed through over 2000 addresses.

Taking Action Against Digital Currency Mixers

There are numerous ways for people and groups to mix their bitcoins to confuse blockchain surveillance. These include the many other mixing platforms located on the deep web and tumblers like Joinmarket. Further, some users elect to use altcoins such as Monero and Zcash, because they believe these cryptocurrencies offer better anonymitybetchain review In the future, many individuals believe forms of cryptocurrency anonymization will come like Schnorr signatures and sorts of Zero Knowledge platforms. However, law enforcement and government officials have been saying for some time that bitcoin mixers and anonymizers should be prohibited. As an example, the Basel Institute on Governance, Europol, Interpol, and U.S. officials have been talking about proposals to”do it against electronic currency mixers/tumblers.”

Can Law Enforcement Really Follow 2373 Hops?

Details that the Petya funds were estimated to be sent to over 2373 addresses over the duration of the procedure. “If we knew what bitcoin addresses or address the Petya cash ended up in, we’d likely find thousands and thousands of transactions between that address and the beginning address,” explains the information outlet. “That’s more than we can ever graph.”

The news comes at a time when surveillance companies have become a popular topic, and only Chainalysis claimed to know the Mt Gox bitcoins’ destination. Forensic companies could be fabricating how well they can follow these transactions with hackers mixing their coins through a series of transfers.

What do you consider mixing transactions? Do you think when funds are sent through a bitcoin tumbler law enforcement can follow all of the outputs? Let us know in the comments below.

Images via Shutterstock, Quartz, and Pixabay. 

Can you remember your first-ever bitcoin purchase? It was some kind of swag to show the world the economy was supported by us. Try spending your first bits at our Store — there is bitcoin clothes, accessories, art, even bitcoin wallet hardware and research reports. Start your journey down the rabbit hole now.


Taiwan to Regulate ICOs

FSC Chairman Wellington Koo.

The chairman of Taiwan’s Financial Supervisory Commission (FSC), Wellington Koo, has reportedly confirmed that the commission is drafting national standards for first coin offerings (ICOs). The FSC aims”to create virtual tokens as easy to invest in as stocks and equally as liquid,” the Taipei Times reported on Oct. 23.

In a finance committee meeting, Chinese Nationalist Party (KMT) legislator William Tseng asked Koo if the government would govern ICOs. Tseng pointed out that 127 ICO whitepapers were discovered to be fake, the book described, including that 80 whitepapers were shown to be inaccurate as of April. Findings were also quoted by the legislator from Satis Group showing that 81 percent of ICOs are identified as scams.

The news outlet conveyed the answer of Koo:

The commission would govern ICOs… [but] tokens exchanged for goods, such as those used in accruing points at convenience stores or mileage points accepted by airlines, wouldn’t be covered by the standards.

In May, China’s National Committee of Experts on the Internet Financial Security Technology, a Chinese industry organization, said it found 421 cryptocurrencies. Independently, the Wall Street Journal analyzed 1,450 ICOs and”found 271 with red flags that include plagiarized investor documents, guarantees of guaranteed returns and fake or missing executive teams and bitcoin casino best bonus.”

Securities Tokens

Taiwan’s Securities and Futures Bureau Deputy Director-General Tsai Li-ling was quoted from the Taipei Times asserting:

People often confuse cryptocurrencies’ trading and an ICOGet up to 1 Bitcoin Free on 777Coin bonus code governor of Taiwan’s central bank, Yang Chin-long, told the finance committee that”the government tends to regard cryptocurrencies as virtual commodities or assets rather than currencies, because they have no intrinsic value.”  Tsai elaborated that”cryptocurrency trading is similar to trading in gold, for which the commission just implements money laundering controls.”

If a token functions similar to a security,”the commission would define it as a’securities token’ and subject it to the Securities and Exchange Act,” the publication quoted Tsai describing, including:

The issuer would need to disclose information similar to what companies that are publicly traded need to do.

Regarding the time frame of the ICO standards,”The draft is to be completed by June next year,” the information outlet detailed, noting that”The commission has no intention of curbing the creativity and productivity associated with cryptocurrencies if they are not used as securities.”

“The more we govern, the more this new economic behavior wanes,” Koo was quoted saying. In June, the FSC indicated that concentrate on anti-money laundering measures and it intended to maintain only a limited supervision of cryptocurrencies. In April, reported that Taiwanese bitcoin regulations are expected by November.

What do you think of Taiwan regulating ICOs? Tell us in the comments section below.

Pictures courtesy of Shutterstock and Wikipedia.

Need to calculate your bitcoin holdings? Check our tools department.


Suchflex Turning Idle Computing Power Into an Incentivized Distributed System

A lot of people leave their computers running 24/7, and that computational power cans turn .

The Alchemist Accelerator-funded startup aims to build the world’s largest data center service without owning servers. Its stage has been operations since then and has been in beta since August.

Currently, the platform has 6,000 active users and more than 600 computers leading at any one time. Contributors can make money in the background and redeem money anytime and bitcoin casino free spins usa. Gaming rigs can earn up to 200 percent more than the computer. For the resources subscribers pay Together with the aspecta href=””>777coin app Additionally, Suchflex also uses cryptocurrencies to fund the system and as rewards for computer processing power.    

“Aside from selling computing resources to Machine Learning SMEs, Suchflex monetizes contributors’ computers using digital currencies. Digital monies provide a consistent monetization coating for contributors of resources to the Suchflex network,” founder and CEO Ivan Zone informed

Serving Gamers and Bitcoin

Suchflex was founded by Ivan Zone. Zone has a strong background in machine learning trading algorithms and computational knowledge. Co-founder and CTO John Heeter is programmer and a designer in the gaming industry. The gaming industry plays a significant role in the Suchflex economy, with 50 percent of users being PC gamers that are busy.

Moreover, the decentralized peer to peer movement is strongly supported by the Suchflex teama href=””>777coin app While discussing this future with, founder Ivan Zone told us:

Suchflex is inspired by and invested in the future of decentralized economies. To help realize that future, Suchflex offers volunteer Bitcoin full-nodes service to its users. Suchflex Bitcoin full-nodes service is the easiest way to conduct a Bitcoin full-node on a notebook or PC. Users allow Bitcoin to continue growing, by running a Bitcoin full-node. Suchflex takes a stance on the type of users that are full-nodes should operate, giving them the choice of: Core, Classic Unlimited and XT.

Suchflex Is Leaving Public Beta Shortly

The Suchflex team wants its platform to be the app with users using and benefiting breakthrough blockchain technology. Users simply choose whether to share GPU, CPU and hard-drive storage . Suchflex customers can elect to redeem USD or bitcoin through payment processors or Coinbase.

The company is currently enrolled in the San Francisco Alchemist Accelerator program. Right now, the firm holds the #1 spot to the”Enterprise startups and Fundraising” class. Suchflex is planning to depart its public beta soon after Demo Day in January of 2017.  It is also encouraging people to sign up for an account and take advantage of the promotions it is offering users.

What do you consider the Suchflex platform? Tell us in the comments below.

Images via Suchflex website and Shutterstock.

Did you know is holding a blockchain conference in London this year? Blockchain: Money, our premiere event, features the innovators and executives in the business. The event also takes place in the beautiful surroundings of 155 Bishopsgate, London on November 6-7, 2016. Reserve your tickets today!   


ICO Action Plummeted

ICO activity was down in September, according to a study by Autonomous Research. The firm wrote:

Last month saw roughly $300 million in ICO funds increased, together with the month before that revised into a bit more than $400 million, a far cry from the $2.4 billion in January of this year. If we include other chunky private raises and EOS, the highs go to over $ 3 billion, implying that monthly ICO activity is down 90%.

Without taking”EOS and other chunky private token” data into consideration, the quantity of ICO funds raised was down 88.53 percent last month from January.  Otherwise, the fall reached 90.7 percent.  “We’ve scrubbed token offering information from September, and the trend continues generally to be down,” the firm emphasized.

Launched in 2009, Autonomous Research is an independent research company offering global investment research in the banking, investments, insurance, finance, and data service industries and best way to get bitcoin into ignition casino. Autonomous Next is the firm’s London-based practice focusing on”the effects of technology on the future of fund,” the firm’s website details.

Investors Losing Interest in ICOs

Autonomous Research noted three reasons that could explain the drop in sale activity that was token. “First, perhaps investors have devalued the idea of buying a utility token (does nothing however, legally non-binding), and instead want to purchase equity in the same companies,” the firm wrote.  By examining”Pitchbook’s data on blockchain and bitcoin venture capital raises,” the company found:

There’s indeed a impact in venture as well, with drips of funds, reaching over $1 billion in August 2018.

The firm believes that there are two reasons for this observation:”fintech companies like Robinhood and Revolut pivoting into crypto” and”Bitmain trying to vacuum up capital before the public offering.”

Security Token Offerings

The second factor for the decrease in ICO activity concerns security token offerings (STOs). According to the U.S. Securities and Exchange Commission (SEC), ICOs may be securities offerings and fall under its jurisdiction.  “STOs are the new ICOs,” wrote blockchain consultant Michael K. Spencer, elaborating that”security tokens are real financial securities.”

Citing that investments in security token offerings have not grown to strength, Autonomous Research emphasized:

STOs will not hit on the market in earnest for another half-year at least due to regulatory indigestion.

The final reason the company put forward relates to”the collapse/crisis in Chinese P2P lending since 2015, and if that risk-seeking capital wound up in ICOs.”

Token sale activity stays while China attempted to shut down all service suppliers of cryptocurrencies and ICOsnew bitcoin casino 2018 bitcoin casino for sale 2016 The People’s Bank of China (PBOC), the nation’s central bank, admitted last month that a variety of crypto trading platforms initially set up in China have left the country to operate overseas but continue to give service to national users. In August, reported that P2P crypto lending grows increasingly common in China.

Do you think ICO action will pick up soon? Let us know in the comments section below.

Images courtesy of Shutterstock and Autonomous Research.

Need to calculate your bitcoin holdings? Check our tools department.