Melon Protocol will launch version 2, renamed Enzyme Finance.

It promises new features, speed and cost-saving features.

The MLN token has skyrocketed in 2020, beating the majority of its DeFi comrades

Melon, the decentralized on-chain asset management protocol, is in the process of renaming itself on a theme closer to DeFi , called Enzyme Finance. Its MLN token was one of the top performers in 2020.

In short, Melon Pro allows individuals or organizations to manage their wealth and that of third parties on a decentralized asset management platform. It was founded in 2015 according to his blog post, and was named Melon from the Greek word meaning future, due to his ambitions at the time.

The Bitcoin Revolution software behind the fund management platform is now renamed Enzyme Finance. This name was chosen as a metaphor for how enzymes catalyze reactions while being made of related components.

They’re associated with speed, processing, simplicity, and fundamentals, whatever we want Enzyme to be. A fundamental infrastructure layer for the asset management industry.

The rebranding process from Melon to Enzyme Finance has started!

This, along with the upcoming v2 launch, marks a new chapter in Rocket on-chain asset management.

La version 2 d’Enzyme

It will be a gradual rebranding over the next four to six weeks, the statement added. The platform is currently being redesigned and will be relaunched with Enzyme v2. Enzyme Finance will be powered by existing MLN tokens but there will be no migration of these despite a change of logo.

The launch of version 2 is scheduled for the end of this year but no concrete date has yet been announced. It will bring a number of feature updates and a rework to the tokenomics. Some of the expected features include a much larger token base that users will be able to interact with, interaction with lending protocols and yield culture, and the ability to interact with pools of automated market makers ( automated market maker or AMM).

It will also be possible to convert funds into other currencies and stablecoin , speed up transactions and lower fees, and pool cash for transactions.

MicroStrategy anunció la propuesta de una oferta privada de 400 millones de dólares de senior notes convertibles, con la intención de comprar aún más Bitcoin (BTC)

MicroStrategy está acaparando MUCHO Bitcoin, y viene a por más. La corporación acaba de revelar que está buscando financiación para adquirir un alijo adicional de Bitcoin.

La compañía compartió la información en un anuncio oficial en su página web el 7 de diciembre de 2020. Según el comunicado de prensa, MicroStrategy estaría contemplando una oferta privada de 400 millones de dólares en senior notes convertibles, con la idea de aumentar sus reservas de Bitcoin:

MicroStrategy tiene la intención de invertir los ingresos netos de la venta de las notas en Bitcoin Trader de acuerdo con su Política de Reserva del Tesoro hasta que se identifiquen las necesidades de capital de trabajo y otros propósitos corporativos generales.

MicroStrategy está buscando formas de conseguir más Bitcoin

Los bonos convertibles son pagarés que, además de representar una deuda, pueden utilizarse para fines adicionales como inversiones, compras y comercios. La diferencia entre los pagarés convertibles y los pagarés a la vainilla es que los titulares pueden recibir beneficios adicionales como un tipo de interés y la pignoración de la garantía subyacente (si procede)

Los billetes de MicroStrategy vencerán en diciembre de 2025 y la empresa podrá comprarlos en efectivo en diciembre de 2023. Los tenedores de las notas recibirán intereses dos veces al año, el 15 de junio y el 15 de diciembre de cada año, a partir del 15 de junio de 2021.

El anuncio llega sólo dos días después de que MicroStrategy comprara 50 millones de dólares en Bitcoin a un precio aproximado de 19.427 dólares por token, para un total de 2574 BTC. Además, este anuncio sigue a dos compras de casi 500 millones de dólares unos meses antes.

La compañía tiene actualmente 40.824 bitcoins bajo gestión. Para poner las cosas en contexto, esa cantidad representa casi el 0,2% de todos los bitcoins que han existido alguna vez, el 0,22% del total de bitcoins en circulación hoy en día, y casi el 0,3% del total de bitcoins disponibles – excluyendo los que se pierden para siempre según las estimaciones de Unchained Capital en 2018.

¿Cuánto tiempo puede durar el „efecto microestrategia“?

Aunque es arriesgado, el movimiento representaría un fuerte respaldo a la naturaleza de Bitcoin como una inversión rentable. Las decisiones de MicroStrategy han aumentado su valor en casi un 100%, causando un efecto similar en el precio de Bitcoin.

¿Pero cuánto tiempo puede durar esta simbiosis? Un accidente como el que ocurrió en 2018 podría traer graves problemas a la compañía si ocurre en cualquier momento durante los próximos 5 años. Sin embargo, por ahora, los mercados están tomando las cosas con optimismo. El índice Crypto Fear & Greed está en su punto más alto desde su lanzamiento, con inversores que son 95% codiciosos, mostrando que por ahora, aunque BTC está cerca de su ATH, los inversores están en un fuerte ánimo alcista.

Michael Saylor, CEO de MicroStrategy, compartió el anuncio en sus medios sociales, y Crypto Twitter espera para responder. Los memes, los tweets divertidos y las expresiones de sorpresa inundaron rápidamente la línea de tiempo de Saylor.

Y hay una razón para tal entusiasmo: muchos criptoinfluyentes sostienen que las inversiones institucionales son un factor clave para la adopción global del criptograma… y la valoración.

Coinbase hiring statistics show that hiring is continually below average in terms of people of color.

Black employees claim to be treated unfairly, individually and systematically.

Does society’s view of corporate social responsibilities encourage unprofessional behavior?

Coinbase founder Brian Armstrong and the company’s “celebrity culture” leave the company exposed to accusations of racism.

Coinbase , the largest U.S. cryptocurrency exchange by volume, was the subject of a Nov. 27 New York Times article on racial issues within the company. The media point to waves of departures of black employees and a still low percentage of hires of people of color.

Coinbase denies en bloc

Bitcoin Trader denies that there are systematic racial issues in the business. The company reportedly hired outside consultants and conducted internal investigations into complaints from current and former black employees. However, these reviews could not confirm the allegations.

Coinbase’s hiring records show that black employees consistently make up around three percent of its workforce. Depending on the field chosen in official employment statistics , this represents between half and a third of the sector average. In addition, business expansion had no effect on this percentage. The authors note that other tech companies, such as Square, PayPal, and Twitter, have made efforts to increase the share of black employees in their businesses.

A tormented summer

Systematic racism became a hot topic at Coinbase in early summer 2020. The police murder of George Floyd in Minneapolis, Minnesota sparked months of protests. It has also led to a reexamination of systematic racism in many communities and businesses in the United States.

According to the article, black Coinbase employees were offended by the silence of their own superiors on this issue. After a meeting arranged with company executives, Brian Armstrong said:

There was this outpouring of questions like, „Why doesn’t society cover me?“

After summer comes autumn

The rapprochement process did not last long. A subsequent email mentioned a diversity and inclusion plan, but also an intensification of the tutorial aspect, which goes directly against the company’s ethics of: “What can you bring from the first day? ” In September, however, in a blog post , Brian Armstrong decided to focus on the business and its mission.

The New York Times article focuses on one line in particular from this post: “We don’t engage here when the issues are not related to our primary mission.” According to the article, that single sentence angered many employees.

Coinbase’s vision, broad or narrow?

His September post outlines Brian Armstrong’s vision for the company, its employees, and their relationships with the outside world. In particular, Mr. Armstrong views Coinbase, as argued by its articles and other communications, as a result of a narrowly defined interpretation of the company’s goals and mission as openly stated in its documents.

Giorni dopo che i media di tutto il mondo hanno riferito che la filiale di Labuan della China Construction Bank (CCB) aveva emesso i primi titoli in RMB della nazione alimentati da blockchain, la banca in questione si è mossa per negare la veridicità dei rapporti, aggiungendo che non ha collegamenti con „criptovalute incluso bitcoin „.

Sebbene la banca non neghi l’esistenza delle obbligazioni, o il suo collegamento con la loro emissione, ha tenuto a precisare che si tratta semplicemente del „lead arranger“ e del „lead advisor“ del progetto, con l’emissione effettiva che avviene tramite una società denominata Longbond e negoziabile sulla Borsa Fusang .

La filiale di Labuan della banca ha fatto l‘ annuncio sul suo sito web CCB Malaysia , affermando:

“La filiale NON è l’emittente dell’obbligazione. […] La filiale NON accetta criptovalute, incluso bitcoin, per il regolamento in nessuna delle sue transazioni bancarie. “

Labuan è un’isola del paradiso fiscale in Malesia

L’emissione – che dovrebbe avvenire a partire da oggi – ha fatto notizia in tutto il mondo. E gli acquirenti di obbligazioni saranno effettivamente in grado di acquistare obbligazioni di 100 USD e oltre, utilizzando USD o BTC, solo non tramite la banca stessa, ma piuttosto l’exchange con cui ha collaborato. Una dimensione obiettivo del programma totale di 3 miliardi di dollari.

Ma le testate giornalistiche di tutto il mondo, compresi molti in Cina, avevano, sembrava dedurre la banca, aver erroneamente riferito che l’emittente era la stessa BCC.

Questi includevano artisti del calibro del Financial Times, che recitava con il titolo: „China Construction Bank emetterà obbligazioni offshore basate su blockchain“

Secondo un comunicato dell’11 novembre di Fusang, Longbond è una società per azioni e „uno Special Purpose Vehicle di cartolarizzazione istituito con l’unico scopo di emettere obbligazioni digitali e depositare i proventi presso CCB Labuan“. Lo scambio ha aggiunto che CCB Labuan avrebbe agito come „sponsor dell’elenco per l’accordo“.

L’annuncio non specificava da chi fosse stato istituito Longbond. Cryptonews.com ha contattato CCB per un commento.

La natura appassionata della negazione del CCB sembra indicare che mentre il fervore per tutto ciò che riguarda la criptovaluta rimane alle stelle in Cina, le banche e altre grandi aziende hanno ancora paura di invocare l’ira di Pechino, che ha messo in atto una repressione quasi totale della criptovaluta a settembre 2017 e sta ora lavorando al suo yuan digitale.

Volodymyr Kvashuk, a former Microsoft employee, convicted yesterday of tax fraud involving Bitcoin

Kvashuk was accused of fraud against his employer, Microsoft, for more than $10 million. The IRS reported that Kvashuk’s case was the country’s first bitcoin case involving tax fraud. The Microsoft engineer worked with the Washington-based technology company between August 2016 and June 2018.

During that time, he misused his access privileges to the company’s online sales platform. Kvashuk took advantage of his position to steal digital gift vouchers and profited by trading them on the Internet.

From his earnings, he bought a $160,000 Tesla as well as a $1.6 million house and hid the evidence of the crimes using his colleagues‘ email accounts. He also used a bitcoin mixer to process the winnings from the gift card sales and overshadow the paper trail.

When filling out the returns, he reported that the receipts were gifts from a relative. He grouped the taxable income from bitcoin into gifts, as they are not taxable according to the US tax code.

Upon completion of the case, Ryan L. Korner, an IRS-CI Special Agent, commented: „Simply put, today’s sentence proves that you can’t steal money over the Internet and think Bitcoin will hide its criminal behaviour. Our complex team of cyber crime specialists, with the assistance of the IRS-CI Cyber Crimes Unit, will hunt you down and hold you responsible for your mistakes“.

Kvashuk has been found guilty of a total of 18 crimes, i.e. 6 counts of money laundering and 2 additional counts of filing false tax returns, among others.

The US Department of Justice said: „During Kvashuk’s seven months of illegal activity, approximately $2.8 million in Bitcoin was transferred to his bank and investment accounts. Kvashuk then filed false tax return forms claiming that Bitcoin had been a gift from a relative“.

The 26-year-old was fined $8,344,586 and there is a possibility that he will be deported after serving his sentence. The lawyer’s office noted: „Stealing from your employer is bad enough, but stealing and making it look like your colleagues are to blame increases the damage beyond dollars and cents.

The activity of the bitcoin miners continues to update lows, the network hash rate on Saturday 31 October fell to 116 exahes per second (EH/s).

The last time this amount of computing capacity used to extract cryptocurrency was at the end of July 2020. However, there is no reason to panic, says Garrick Hilleman, representing the Blockchain.com team.

This company, which appeared in 2011, introduced the term „hashreite“ for the first time. This term is used by researchers to determine the level of Bitcoin miner activity at a specific time interval.

Hillemann emphasized in an interview with Crypto Superstar that hashreight is a very volatile indicator. Whereas in March it fell to 75 EH/s, it started to rise again after the May halving (reduction of the miners‘ award), reaching a historic high on 25 September (161 EH/s).

Another rapid drop occurred at the end of October. Many researchers linked this trend to the termination of the miners in Sichuan Province, where the rainy season had ended.

According to Hillemen, the collapse of the hashreite has no effect on the market position of the bitcoin.

He added:

So for me it is not a serious problem. It’s interesting data, but we have seen other falls after halving.

Failed exit scam – Scammers thought they had pulled off yet another bogus investment scam, but Binance put a stop to their project. Almost all of the funds have been blocked, and they will be returned to the victims.

A plan that (fortunately) did not go as planned

This November 4, the famous crypto exchange Binance revealed on its blog that it succeeded in thwarting the exit scam plans of the (fake) crypto project called Wine Swap .

Wine Swap presented itself as one of the many AMMs ( Automated Market Makers ) very fashionable in the current trend of decentralized finance (DeFi).

Launched on October 13 via the Binance Smart Chain (BSC), the Wine Swap project received 19 different types of crypto from 119 separate addresses, totaling a value of $ 345,000 in the span of an hour .

It did not take more to satisfy the scammers, who immediately put an end to this fake AMM to pocket the cryptos on their wallets and leave with the cash register .

Centralized platforms do not only have disadvantages

Binance Security teams were quickly alerted to this attempted exit scam, and they closely followed the crypto transactions from Wine Swap.

The criminals made the mistake of channeling almost all of the funds through Binance Bridge , a service providing access to inter-blockchain liquidity. This is where, at first, the funds could be frozen by the centralized crypto-exchange, when they had already all been converted into stablecoins, BNB, ETH and LINK .

The next day, October 14, Binance Security teams contacted the scammers and, caught in the act , they “quickly cooperated” to return the stolen funds.

Thus, after a recovery process, 99.9% of the amount of the $ 345,000 in stolen cryptos could be recovered .

The Binance OTC (over-the-counter) team then helped convert these funds back into the original cryptos and amounts, with a view to repaying victims . The restitution should be completed within the next few days .

Predicción de precios de Bitcoin (BTC) – 3 de octubre de 2020
Bitcoin (BTC) se negocia marginalmente después de la ruptura del 1 de octubre. La tendencia a la baja continuará si no se rompe por encima de la resistencia de 10.700 dólares. El precio del BTC/USD sigue fluctuando por encima del soporte de 10.500 dólares.

Niveles de resistencia: $10.000, $11.000, $12.000
Niveles de apoyo: 7.000, 6.000, 5.000 dólares.

Durante los últimos días, el foco de atención de Bitcoin fue la ruptura de la resistencia de 11.000 dólares. Anteriormente en BTC ha rebotado por encima de 10.200 dólares y estuvo cerca de romper la resistencia dos veces. El primer intento fue el 28 de septiembre cuando los compradores empujaron el precio a un máximo de 10.986 dólares. Esto fue repelido cuando la moneda cayó al soporte por encima de 10.700 dólares.

El segundo intento fue el 1 de octubre, donde los toros fueron abrumados en el máximo de 10.975 dólares. La moneda cayó bruscamente a un mínimo de más de 10.300 dólares. Los toros de Bitcoin no lograron alcanzar el máximo de 11.000 dólares debido a la abrumadora presencia de los osos en el nivel de resistencia. Hoy, BTC está operando a 10.566 dólares en el momento de escribir este artículo. Es probable que la presión de venta continúe si el precio vuelve a la zona de resistencia de 10.600 dólares.

La CFTC se ha visto obligada a proteger los crecientes mercados de activos digitales como Bitcoin

La Comisión de Comercio de Futuros de Mercancías (CFTC) se ha visto obligada a proteger el creciente mercado de Bitcoin. Según James McDonald, director de la división de aplicación de la comisión, dijo: „La CFTC seguirá trabajando para proteger nuestros mercados, incluidos los florecientes mercados de activos digitales como Bitcoin, de esquemas fraudulentos, y trabajará en paralelo con nuestros colegas de la policía criminal cuando sea apropiado“.

En un desarrollo separado, la Comisión de Comercio de Futuros de Materias Primas devolvió 7,4 millones de dólares a los inversores y al mismo tiempo se comprometió a proteger el mercado de Bitcoin. Según los informes, Jon Barry Thomson se declaró culpable de defraudar a dos inversores que le enviaron más de 7 millones de dólares para un plan de inversión de Bitcoin que nunca se materializó.

Mientras tanto, el 2 de octubre la tendencia a la baja; el cuerpo de la vela verde retrazada probó el nivel de retrazado de Fibonacci del 78,6%. Indica que Bitcoin bajará a 1.272 de extensión de Fibonacci o a 10.219,60$ de baja. Es probable que el mercado se invierta en este nivel. La reversión será al 78,6% de retroceso de Fibonacci donde se originó.