trade.io Effectively Contains Breach of Cold Storage Wallet and Protects TIO Holders

Trade.io Press Release

Bitcoin Press Release: At 08:40 EST 20 October 2018, the trade.io security team was alerted to a large transaction originating from our wallet holding 50M Trade Tokens (TIO) owned by trade.io reserved for the liquidity pool. Immediately following the alert, our trade monitoring observed abnormal trading of TIO on external exchanges.

24th October, 2018. Lugano, Switzerland. These exchanges were immediately alerted to disable deposits/withdrawals and trading of TIO, and our security team began its investigation. The responsiveness by the various teams within trade.io prevented the situation from deteriorating and helped quarantine the issue.

Breach Contained

At no point was the trade.io exchange or liquidity pool accessed or affected, and both remain operational. The breach was limited to one particular hardware wallet that was purchased directly from the manufacturer. Consequently, no customer accounts were directly affected, or customer funds lost. Investigations are ongoing, but have so far concluded that there was no technical hack on the cold storage unit, and trade.io systems remain secure and unbreached. There is also nothing to indicate theft by internal actors.

Along with the management team, both KuCoin and Bancor responded promptly and are assisting trade.io in our investigation and have taken steps to quarantine the associated transactions.

We are actively taking steps to further lock down the situation, and prevent any other potential impact.

As a result of the incident, trade.io Management has decided to fork TIO. The name of the forked token will be Trade Token X with the ticker TIOx, similar to TIO it will be an ERC-20 token. Details of the fork are expected to be released soon.

Thanks to the Community
Lastly, while this security breach has been an inconvenience, we are happy to report again that no client assets were lost and we’re pleased with how efficient and responsive our entire team acted following the breach. We’ve been overwhelmed with the positive response from our clients which we affectionately call TIOnauts, and can’t thank them enough for their support and well wishes as we continue this special movement.

trade.io website: https://trade.io/
Chat on Telegram: https://t.me/TradeToken
Twitter: https://twitter.com/tradetoken?lang=en
Facebook: https://www.facebook.com/trade.io/?_rdc=2&_rdr
Meet the team: https://www.linkedin.com/company/trade-io/

Media Contact
Name: Marilia Kountouridou
Email: marketing@trade.io

trade.io is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

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Interest Mounts As GRAIN Announces ICO

Bitcoin press release – Innovative Blockchain solution for work agreements, GRAIN, using ethereum smart contracts to reinvent the way we work, manage and distribute payroll, is gearing up for a public token sale that will run run from 1st to 28th March. The ICO, is already attracting a lot of interest with 6,100 registering their interest at grain.io in the past two weeks alone.

January 31st, 2018, Lugano, Switzerland – GRAIN is unique in that it is the one of the first cryptocurrencies to be designed to meet the needs of employers and those that work for them. The difference with GRAIN is that it operates as a back office solution enabling work agreements to be placed on the Blockchain as Smart Contracts. These agreements contain all the details regarding the work, compensation, people involved and details concerning regulatory compliance.

Blockchain strategist for GRAIN, Erik Koster, explained the reasons behind GRAIN:

Grain has created an engine that allows labour contracts to be stored on the Blockchain meaning remuneration for that work can be made much more securely, fairly and transparently than is currently possible. Given the dynamic nature of today’s workforces, GRAIN believes that they have the potential to revolutionise the way people are paid in the future.’

Employers stand to benefit hugely. As a back office solution, GRAIN removes a lot of costs when it comes to running a business, especially those to third parties, such as payroll service providers. As the details regarding employees and their work status can be stored on the Blockchain, it also makes it much easier for businesses to demonstrate regulatory compliance with state bodies or tax authorities. There is the added advantage that GRAIN can facilitate cross-border payments without processing fees or FX charges.

Once the job is complete, the worker is paid in GRAIN in a fair, timely manner. This can then be automatically exchanged to the currency of worker’s choice. Users of the ecosystem also benefit from Harvest, a type of savings account that stores the profit generated by the Blockchain. Workers can choose to keep some of their earnings in the Harvest fund, for instance, to act as a pension fund.

To mitigate risk, GRAIN comes with a liquidity insurance mechanism to guarantee that the employer isn’t affected by fluctuations due to volatility in the cryptocurrency markets.

The Team
The team behind GRAIN are working hard to make sure that the engine is readily adopted by other teams when it comes to developing new tools and applications, so that GRAIN can be easily implemented by as many partners as possible. In fact, right now, the team at Flexentral are beta testing the GRAIN infrastructure for their own applications.

The Token Sale
There are 1,080,000,000 tokens in the GRAIN ICO, valued at €0.027 each, payable in ETH or BTC. The ETH/BTC price will be determined the day before the ICO begins. The minimum investment is 0.1 ETH. Prospective investors can register their interest at the Grain website.

About GRAIN
GRAIN is founded by its President and CEO Onno Hektor; a former senior executive for Microsoft, and board member André Bonvanie; a serial entrepreneur. They have recruited a highly experienced team of cryptocurrency professionals and advisors to ensure the success of the platform.

Introducing Grain:

How transactions work: https://www.youtube.com/watch?v=Vm4vYO56-ZY
Interview with the founders: https://www.youtube.com/watch?v=ro0DmPPrA-4&;
Interview about the roadmap: https://www.youtube.com/watch?v=ND6ijtegHhE

Media Contact

Name: Lucas Huizinga
Location: Lugano, Switzerland
Email: pr@grain.io

Visit the Grain website: https://grain.io/
Read the whitepaper: https://grain.io/whitepaper
Join Grain on BitcoinTalk: https://bitcointalk.org/index.php?topic=2766557.0
Chat with Grain on Telegram: https://t.me/joinchat/IAWYn0jj2m02434fbd73Tg
Subscribe on YouTube: https://www.youtube.com/channel/UCGSjeO28gA7EhtLjpJ8vldA
LinkedIn: https://www.linkedin.com/in/onnohektor/
Follow Grain on Twitter: https://twitter.com/Grain_io
Join Grain on Facebook: https://www.facebook.com/grain.io/
Chat with Grain on Discord: https://discordapp.com/invite/KryGjFv

Grain is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Fintech and Blockchain Mavens Launch International Digital Asset Exchange Council (“ IDAXC ”) to Accelerate the Mainstreaming of Rapidly Emerging “Real-Asset” Crypto Sector

Bitcoin Press Release: 2018 Davos conclave marked the official launch of IDAXC, the international Council charged with overseeing the emergent field of marrying and optimizing cryptocurrencies to quantifiable assets.

26 January 2018, Davos, Switzerland – The launch of IDAXC at “Blockchain Central” — a Blockchain-themed hub established in Davos by the Global Blockchain Business Council, GBBC.org — signalled a clear point of demarcation between the emerging ‘asset-backed’ crypto currency market (“Blockchain 3.0”) and the older, un-anchored, non-asset-backed cryptocurrencies. Constituted as a not-for-profit, IDAXC is mandated to promote industry adoption; asset-tokenisation standards; and best regulatory practise in both asset-digitization, and asset-exchange, globally.

The founders believe that 2018 marks the beginning of an important maturation phase in the heady and often volatile cryptocurrency markets. If successful, IDAXC will empower the owners of any kind of real asset to rapidly ‘tokenise,’ and subsequently hypothecate or trade that asset — while complying with all regional regulations, including KYC and AML standards.

IDAXC’s founding Chair is well-known UK Fintech figure Eric Van der Kleij, creator of London’s Level39 Fintech hub and previously CEO of the U.K. government’s Tech City initiative. Eric was also one of the initiators behind the creation of the U.K. Fintech trade body Innovate Finance, so he is no stranger to both supporting Fintech innovation and feeding into policy.  His company, Centre for Digital Revolution (C4DR.com), is active in Fintech and Blockchain projects in the U.K. and Switzerland; and will become a founding member of IDAXC, alongside a number of interested parties, such as China’s ACChain, and Hong Kong based Courage Investment Group Ltd. (HK1145) and Ink Blockchain Co. Ltd.

Also joining the council board as Head of Policy is David White, former Director of Innovation at RBS, and founder of Fintech companies import.io and Kusiri (now sold to PwC.)

Eric Van der Kleij observed:

“Today we are sharing the aims and ambitions of IDAXC, and also seeking feedback from a small group of interested parties representing startups, banks, academia, and some of the most experienced people active in the emerging field of Real-Asset Digitization. The growth of ordinary crypto currencies is admittedly huge, with a combined market cap of $500Bn (Coinmarketcap) in an industry that simply wasn’t there just a few years ago. However, when you take the power of cryptocurrencies built on the decentralised Blockchain, and underpin them with trusted Real Asset Digitization delivered via shared standards set by a worldwide community of members, the potential is just so much larger. We believe this final stage of the Blockchain revolution — coins anchored by real assets — will finally trigger established financial services players and regulators to support and even participate in the cryptocurrency markets.”

About IDAXC

Mission

IDAXC is the international, not-for-profit industry body being established to drive common best-practice across real-asset digitization and related token exchanges.

Policy

IDAXC works with all participants of the ecosystem to create voluntary standards that represent best-practice relating to the issuing, trading and exchange of real digital assets.

Education

IDAXC provides members with training on a wide variety of disciplines within the digital assets community including AML, KYC, token-issuing, and asset tokenisation.

Advocacy

IDAXC works with all members of the financial services, regulators and digital asset community worldwide to promote best-practise implementation and standard setting, driving the adoption of digital assets into the mainstream economy.

Website: idaxc.org

Twitter: @idaxcouncil

Email:  contact@idaxc.org

About Courage Investment Ltd.

Courage Investment Group Ltd.(HK01145) is a Hong Kong mainboard-listed company, focussing on real asset backup, digital crypto management, and capital operation.

Website: courageinv.com

About Ink Blockchain

Ink Blockchain is a Hong Kong headquartered Fintech and Blockchain services pioneer.

Website: inkBlockchain.com

About C4DR

C4DR is a London U.K. Headquartered, new, international ‘digital foundry and insight centre’ harnessing the key technologies of the modern industrial revolution, as opportunity for business and a force for good in society.

Website: C4DR.com
Twitter: @C4DR_HQ
Email: contact@c4dr.com

About ACChain

ACCoin, the root coin of the ACChain Digital Asset Conversion Smart Ecosystem, is rapidly earning a reputation as the Swiss Army Knife of alt-coins. It is, simultaneously, the “spark” or trigger coin granting access to the ACChain Digiverse; and it constitutes one of the three legs (along with Bitcoin and Ether) of the “digital basket of currencies” forming the supra-national A-SDR.

Website: Acchain.org
Email: serena@acchain.org

Media Contact
Contact Name: Serena Lin
Contact Email: serena@acchain.org

ACChain is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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TransCrypt: Cryptocurrency will be Available to Everyone

Bitcoin Press Release: It’s not a secret that cryptocurrency has become one of the foremost trends of the year. Lots of people criticize it for its volatility and lack of regulation. But in fact most of the fears have nothing to do with actual risks, they can all be put down to simply not understanding the technology.

30th December 2017, Zug, Switzerland – TransCrypt aims to make cryptocurrency equally available to everyone from a top financial broker to every grandma in the neighborhood. Invest earnings in bitcoins, use altcoins to buy coffee, jeans, or plane tickets, pay taxes in cryptocurrency. How? With TransCrypt – a universal payment system for individuals and businesses.

The app will allow users to handle all the transactions as easily as sending “hi” in a chat. TransCrypt is based on the Telegram messenger – all of the contacts and message history are already there, so users don’t need to keep both apps. What’s more, clients can add their cryptowallets and credit cards.

By the end of 2019, startup plans to introduce all the key functions for major retailers and let customers pay for goods and services right in the chat. Due to built-in free conversion retailers won’t need to worry about their balances – they will receive payments in dollars, euros, or any other national currency of their choice. The team believe this will significantly increase cryptocurrency turnover all around the world.

“Cryptocurrency is already an essential part of our lives. It is a tool that everyone wants to use every day. And it should not be as hard to understand as a Noble Report for instance. People simply don’t need that. They don’t want another obscure app on their smartphone” says Nick Machulis, Chief Executive of TransCrypt.

“User convenience is more important to us than our ego. So we have decided to combine advanced technologies in one simple app, which allows customers to discuss, make a deal, and pay for the purchase in one window. Soon it will be OK to solve all the financial tasks in couple of minutes,”

The main issue for the team is to improve the user’s experience. To let people forget about expensive, complex, and time-consuming transactions. Thanks to the ability to buy, sell, and convert crypto- and national currencies within the interface of a familiar messenger, TransCrypt will become an easy-to-use tool both for the sophisticated investor and for adherents of traditional financial solutions.

The public beta will be released in the second quarter of 2018, and will let users send, receive and convert cryptocurrency in the chat window. Cryptocurrency purchase and worldwide fiat transactions will be implemented within the year. At launch, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin operations will be available through the app, and by the end of the year the company plans to extend this list to 50 currencies.

 Visit the Transcrypt Website: https://tsrpay.com/
Like on Facebook: https://www.facebook.com/tsrpay/
Chat on Telegram: https://t.me/tsrpay
Follow on Twitter: https://twitter.com/tsrpay

Media Contact
Contact eMail: press@tsrpay.com

Transcrypt is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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Bitcoin Evangelist Charlie Shrem Joins Particl’s Team of Advisors

Bitcoin Press Release: Particl today introduces Bitcoin pioneer Charlie Shrem to its team of advisors. An early Bitcoin entrepreneur with a history of launching and growing successful companies inside and outside the cryptocurrency space,

Dec. 28th, 2017, Zug, Switzerland: Charlie Shrem brings unparalleled access to services and partners within the blockchain ecosystem. Charlie was founding member of the Bitcoin Foundation and co-founded one the the first and largest Bitcoin companies, BitInstant, in 2011. BitInstant allowed people to efficiently move their money into and within the Bitcoin economy in a fast and familiar way. Partnering with MoneyGram, Charlie brought crypto to people’s front door with the ability to deposit cash for Bitcoin at over 700,000 locations in the United States at its peak.

“I’m excited to be working with Particl,” says Charlie Shrem. “As I see privacy, fungibility and ease of use the main pillars for any crypto. What if there were no needles in the haystack?”

He also is the Business Development Advisor for Changelly, an instant cryptocurrency exchange service that lets you exchange one crypto to another in seconds and supports fiat money payment for any listed crypto. Changelly is an exchange without accounts that makes moving from one crypto to another fast and easy while customers maintain their privacy and control.

Charlie’s penchant for projects that aim to give freedom back to users by solving a problem that exists in services people use everyday aligns nicely with Particl‘s vision: to foster a fully independent, decentralized economy and provide a sustainable environment of collaboration and innovation that empowers peers across different blockchain projects while respecting their rights to freedom and privacy.

Particl is built on Bitcoin not Ethereum as has become the norm in the crypto space this year. Adding to this battle-tested protocol at its foundation, Particl has layered privacy enhancements on the latest code (0.15.1) which no other project has yet done on Bitcoin; Confidential Transactions (CT) and Ring Confidential Transactions (RingCT). Particl created its own blockchain that allows intrinsic value to be layered onto their utility token (PART) through voting rights, governance control or passive income with proof-of-stake consensus. Currently Particl is finishing a decentralized marketplace, Particl Marketplace, which will be a place to spend and earn PART but will not be exclusive to only Particl users.

“We are excited to get some input from an industry heavyweight,” says Ryno Mathee, Particl Founder. “Charlie’s influence and experience will help us grow tremendously.”

As a Strategic Advisor and Mentor to the Particl team, Charlie understands the project’s set of core values which alongside privacy includes crypto-agnosticism. The marketplace is the next step towards Particl’s vision of a decentralized economy and is slated for an alpha release in the first quarter of 2018. Not intended to be built exclusively for Particl users, Charlie will be instrumental in forging partnerships and opening opportunities so that most major cryptocurrencies, and possibly fiat, will be able to be spent on the Particl Marketplace.

About Particl

Particl’s team is growing, currently 16 full-time paid contributors and 20 total and is self-sustaining through the Particl Foundation, a non-profit organization in Zug. Particl’s privacy token and upcoming marketplace are the corner stones being placed for an independent decentralized economy. With the latest Bitcoin codebase as its foundation, Particl has brought privacy to the blockchain with CT and RingCT for the first time. Particl has an active community that will expand as other crypto communities learn a place exists where they can use their coins to buy products.

Visit the Particl Website: https://www.particl.io
View the Source Code: https://github.com/particl/particl-core
View the Whitepaper: https://github.com/particl/whitepaper/blob/master/decentralized-private-marketplace-draft-0.1.pdf
Connect on Social Media: https://particl.wiki/socialmedia-channels

Media Contact:
Contact Name: Paul Schmitzer
Contact Email: paul@particl.io
General Inquiries: hello@particl.io

Particl is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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