DORA Investigates 3 Cryptocurrency Firms Behind Unregistered ICOs 4301

Colorado’s Department of Regulatory Agencies (DORA) has revealed plans to asses three crypto-based firms offering “unregistered Initial Coin Offerings” in the state as part of an ongoing investigation into a practice being used by fraudulent companies to defraud members of the public.

The investigation is being carried out by members of the Division of Securities, part of the Department of Regulatory Agencies (DORA), an “ICO Task Force” convened by the Commissioner in May.

The announcement from DORA reads in part:

“The companies that received the orders are Bionic Coin, Sybrelabs Ltd. (also known as Cryptoarb), and Global Pay Net (also known as Glpn Coin and Gpn Token). Previous orders were submitted to Bitcoin Investments Ltd. (also doing business as Db Capital), Estatex, Bitconnect Ltd., and Magma Foundation (also doing business as Magma Coin).”

Commissioner Rome signed the “orders to show cause” recently which is a notice sent to business to defend their case in court by explaining their business operations. The court orders were issued on Friday, August 24, 2018, but at press time, none of the three firms have answered, the report notes.

Bionic Coin, one of the firms being investigated promises investors that invest in their token (BNC) a wild growth of their “money without any effort.” The site goes on to list the logos of media partners such as Forbes magazine, but there are currently no mention or reference of the company on the sites it claims are promoting it. The website also incentivizes users to promote the coin on social media for a chance to receive in exchange for tokens.

The story is the same for Sybrelabs and Global Pay Net. Sybrelabs Ltd, also known as Crypotarb encourages investors to promote the investment pool and “offers large percentages of profits for minimum participation of $25.00, up to soliciting “active investment portfolios” of $25,000 or more,” according to the report.

Global Pay Net is said to be an international financial platform with its native token (GLPN) that equates ownership in the business. The company also promises an 80 percent stake in the business for investors, and it lists cryptocurrency experts as advisors, two of whom, has denied involvement with the company.

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BtLux Exchange 2.0 upgrade officially launched by one of the world’s leading exchange system 4696

On July 6, 2021, after working hard day and night, a team of top blockchain technology and research experts in the financial field around the world, officially launched the upgraded version of BtLux Exchange 2.0 to provide users with a better experience and help enterprises quickly get on the “chain”. The 2.0 upgrade version has been comprehensively strengthened and upgraded its brand, products, and risk control, which indicates that BtLux is fully armed to welcome the establishment of the global regulatory system with a solid posture. Safety is longitude, compliance is latitude.

As one of the world’s leading exchange system, BtLux2.0 is based on a powerful distributed architecture design and adopts a high-performance memory matching mode to comprehensively enhance system access performance and stability. In terms of digital asset security, the wallets separate cold and hot storage, multi-layer encryption, offline cold storage, and bank-level guarantees for fund security. At the same time, the top-level security system with face intelligent recognition technology is enabled to deeply integrate KYC, identity authentication, and coin withdrawal services to improve security; top-level risk control and 7*24 hours real-time monitoring, to maximize the safety of user assets.

Anticipate the situation, the new version 2.0 upgrade

The finance is close related to economic development and national security. With the rapid development of the crypto industry in recent years, exchanges have become a mirror of compliance and security. You can smell a trace of the “wind direction” of policies and market conditions according to the attitudes of regulators to the exchanges. For example, the United States, the global financial center, has been managing licenses for crypto assets very early. In 2017, Washington passed Act 5031, which stipulates the licenses that cryptocurrency exchanges need to apply for. Contrary to the United States, China strictly prohibits exchanges that cryptocurrency-related business activities in China are all illegal, by recent announcement.

BtLux, which has gained insight into the regulatory situation for a lone time, has focused its newly launched version 2.0 on the application of blockchain technology and empowered entities in order to comply with the regulatory policies of different countries and regions. The highlight is the F10 function, which reflects the fundamentals of the project. The entity enterprise first realizes digital transformation through the SEA public chain, which is also one of the double-star sub-projects (the other one is BtLux), and then takes use of BtLux F10 function to change the traditional production relationship, allowing its consumers or investors to grasp the “dynamic value” data of the enterprise in real time through the fundamentals of the project, such as development situation, change curve, and distributable benefits per share. Through a digital trading platform that supports real-time perception of changes, real-time analysis of changes, and real-time optimal decision-making, users and investors can enter the traditional financial market with a lower threshold standard.

After the comprehensive upgrade, BtLux Exchange will maximize the value-carrying and value-transmitting functions of the blockchain, and maximize the concept of equality and openness of the blockchain, effectively reducing the operating cost of the physical industrial chain and improving industrial circulation efficiency, realize the value sharing between nodes, break away from the virtual to the real, let technology truly empower the real economy, provide an innovative compliance route for cryptocurrency exchanges, and create the next “miracle” of blockchain-enabled entities.

Safety compliance, accelerating global deployment

Since the establishment of BtLux, it has always adhered to the safety and compliance route. BtLux, has successively obtained the authoritative certification of the three major institutions of Australia AUSTRAC, US FinCEN, and Canadian FINTRAC, could provide digital currency transaction services. The Singapore MAS has also accepted BtLux’s application for MPI license. BtLux knows that the biggest enemy in the cryptocurrency trading battlefield is actually itself, and its own operational strength and safety and compliance are the fundamentals for its survival.

Therefore, BtLux has never stopped exploring, focusing on the global real economy with a strategic vision, adhering to the operating philosophy of security, specialization, innovation and globalization, seizing the international market, and striving to provide global users with professional, safe and reliable and credible physical digital economy token trading services to help the global node economy to rejuvenate and vitalize.

No matter its business philosophy or actual actions, BtLux is constantly improving the security and compliance level of the platform, and actively cooperating with local government regulatory policies. The executives of BtLux said that it is a guarantee to customers and a commitment to itself by looking at the world but not aggressively expanding. BtLux believes that more crypto exchanges like BtLux who gradually explores the “compliance way” will become a model trading platform in the industry, it is bound to break through in this regulatory environment and promote the prosperity of the entire crypto industry.

Centric Software Celebrates 500 PLM Projects 6024

Centric Software, cementing its position as Product Lifecycle Management (PLM) market leader, is celebrating partnerships with 500 customers, over 150 of whom have chosen Centric PLMTM since the pandemic began. This massive, worldwide adoption underscores the market’s confidence in Centric’s innovative digital solutions and unparalleled industry expertise. To bring products to market, consumer goods companies have a fundamental need to enable remote, yet agile teamwork in addition to increasing cost savings, operational efficiency, business agility and supply chain collaboration while also complying with sustainable and regulatory requirements.

Based in Silicon Valley, Centric Software is the pioneer of PLM solutions for planning, designing, developing, sourcing and selling consumer products such as apparel, footwear, sporting goods, furniture, cosmetics & personal care, food & beverage, luxury, consumer electronics, private label goods and more.

Retailers, brands and manufacturers with operations in over 40 countries, ranging from iconic luxury labels to emerging market disruptors, rely on Centric to bring approximately $1.3 trillion worth of goods to market per year via 1 million+ points of sale. Centric PLM empowers companies of all sizes to superspeed time to market and improve supply chain efficiency by up to 50%, enabling more sustainable product development with reduced costs and improved product margins. With a 99% retention rate, Centric PLM users are the happiest worldwide; 40% of companies using Centric today replaced a previously purchased PLM system with Centric’s market-driven innovations.

Centric is redefining the concept of PLM with many industry firsts such as mobile apps, interactive digital boards, Social PLM integrating team communication tools like Slack, Quick Start and fully remote deployment, integrations with dozens of ERP and e-com solutions and a groundbreaking CAD agnostic approach with fluid workflows connecting to dozens of 3D CAD systems. The net effect is true, end-to-end internal and extended team collaboration using one actionable source of truth for all.

A sincere thank you to our long-time customer partners as well as the most recent additions to the Centric family, including our 500th customer, the global golf industry giant, Callaway Golf.

“Centric PLM will drive increased efficiency into our product development process. We create a wide variety of products in diverse categories, and this is going to enable greater efficiencies across our multi-branded apparel, footwear, and accessory categories. These products require distinctly different workflows and Centric provides an exceptional technology solution to handle the vastness and complexity of our global business,” affirms Jeff Cross VP of Global Operations and Development, Apparel & Soft Goods at Callaway Golf.

“We are very proud to celebrate 500 PLM projects and growing,” says Chris Groves, President and CEO of Centric Software. “We sincerely thank each and every customer, from those who chose to work with and inspire us over a decade ago to our more recent partners like Callaway. The trust that our customers place in us drives us to continue to push the boundaries of innovation, industry expertise and best practices.”

Dreams Quest To Launch IDO 6471

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DREAMS IDO launches on Red Kite and GameFi, DuckStarter

Singapore, 9th OCT – Dreams Quest, a blockchain-based NFT gaming platform, announces the launch of their anticipated IDO campaign scheduled on Red Kite (Polka Foundry), GameFi, and DuckStarter. The launch gives an opportunity to access the Dreams Quest ecosystem by purchasing $DREAMS tokens. The ecosystem will be gradually unveiled with a variety of mini-games, leading up to the launch set for 2022.

The IDO campaign:

https://duckstarter.io/ – 14th October 2021
https://gamefi.org/ – 15th October 2021
https://redkite.polkafoundry.com/ – 15th October 2021

NFT mania has hit a peak right now and it has come a long way from the early frenzy as several new use cases have emerged over time.  Play to Earn (P2E) is currently one of the most popular forms of NFT projects as it combines the best of gaming with digital collectibles. In fact, in 2017 when NFTs were first created and used, in-game memorials and game prizes were the first use cases of the non-fungible ecosystem, and Dreams Quest is only taking the ecosystem further with its platform.

Dreams Quest Aims to Take P2E Ecosystem to Next Level

Dreams Quest is a play-to-earn RPG card game that incorporates dynamic NFTs. Players are invited to explore the dream realms and go on adventures by participating in quests, events, and tournaments. The NFT game cards are dynamic which are impacted by unknown factors like weather conditions, temperature, and storms. At the conclusion of every game, card attributes are written on-chain, storing the permanent history of card changes over time as well as how cards have evolved or changed.

Players are presented with a free deck to get started and are then given a variety of gaming style options to make the game even more engaging. These include completing quests, competing in battles or tournaments, or setting up a shop in the marketplace to become a local trader. The goal is to create both an in-game economy and a variety of fun and interesting ways to earn while playing. The key features of the platform include,

  • Play to Earn — Dreams Quest integrates several factors such as quest-based earnings, renting NFT cards, a marketplace, and more for players to earn by participating in the game.
  • Free-to-play — To create an inclusive and permissionless gateway for everyone to experience a unique gaming experience at its finest, the DQ metaverse is designed as free-to-play for everyone to easily get started.
  • Dynamic NFTs — The dynamic NFTs (game cards) will be impacted by unknown factors such as weather, temperature, storms, and more that will completely alter card attributes. The changes to card attributes will be permanently recorded and stored on-chain.
  • On-Chain — Dreams Quests uses Chainlink to bring in data off-chain which we can use in-game. For example, every card that gets minted will have a unique random “key” that will enable that card or item to unlock other powers, abilities, vaults, or chests both in-game, but also within our discord channel.

The blockchain NFT platform combines the best of two worlds to bring a unique user experience where they can earn valuable digital collectibles that can later be used for trading or selling for profit. In-game, there are a huge variety of things that players can do from forging, creating new items, participating in events and tournaments, battling other opponents. The tokens can be used in-game to upgrade and forge but also can be earned from the quests and battles they participate in.

“After over a year of hard work we are excited to finally be bringing this project to the market and to finally see our community coming to life. Our goal is to build a democratised economy where everyone can earn from playing while also having an opportunity to explore the realms that we dreamed up long ago.”  Paulii Good Co-Founder

About Dreams Quest:

Dreams Quest is a decentralized play-to-earn RPG game using dynamic NFTs to create unknown factors that will affect character attributes in-game, and post-game outcomes will dynamically change the NFT card attributes and write them on the blockchain (the ethereal scribes) to show game history for each card.

Twitter: https://twitter.com/DreamsQuestNFT
Discord: https://discord.gg/dreamsquest
Main website:  www.dreams.quest

Aves Lair presents Demo Day, showcasing winter 2020 accelerator cohort 28840

Aves Lair, a New York-based startup accelerator and VC with a focus on deep tech, including AI, blockchain, cloud and data, will host a Demo Day event on April 9, 2021 at 11:00 AM ET. The event will highlight the innovative solutions developed by the members of Aves Lair’s Winter 2020 cohort, and will feature the following startups:

Blocksport is a Switzerland-based sports technology company whose white-label digital solutions provide traditional sports and esports teams with new, durable revenue streams and fan engagement channels.

DLCC is a fintech company that offers institutional-grade prime brokerage tools and services for digital assets. The company built a solution that enables traditional asset managers and allocators, like family offices, global macro hedge funds and endowments, to participate in the digital asset space.

SubStrata is an Israel-based B2B sales technology company whose AI-powered social signal processing platform helps professional dealmakers attain better outcomes. SubStrata’s technology analyzes the subtextual information contained in communications to provide dealmakers with a rich array of insight.

iLoto – is a Singapore-based Edtech solution powered by AI that generates automated video transcription and translation in 30+ languages.

Storkcard is a London-based budgeting tool that takes the guesswork out of financial planning for new parents by allowing users to keep track of their spending and budget for the future.

Kotani Pay is a payment solution enabling blockchain protocols, dapps and blockchain fintech companies to reach a wider audience.

OmniEyes is a Taiwan-based computer vision company whose AI-based solution enables effective fleet management, driver safety and smart city management features.

Integrated Ventures Partners With Wattum To Purchase 4,800 Antminer S19JPro Miners From Bitmain Technologies Limited 27280

Integrated Ventures Inc, (OTCQB: INTV) (“Company”) is pleased to confirm that the Company has partnered with Wattum Management and entered into a 12 Month Sales and Purchase Agreement (“PO-1”) with Bitmain Technologies Limited (“Bitmain”) to acquire 4,800 Antminer model S19J (100 Th) digital currency miners. Bitmain is scheduled to manufacture and ship miners on monthly basis, in 12 equal batches of 400 units, starting on August 2021 and thru July 2022. Partners agreed to purchase 4,800 units, on 50/50 basis, and to pay Bitmain, approximately $34,047,600 (“Total Purchase Price” or “TPP”) (*).

As a part of signed agreement, Integrated Ventures has received: (1) downside price protection for 12 months and (2) right to replace S19JPro miners with new models, scheduled to be released in early 2022.

The TPP is payable as follows: (i) 25% of the TPP, upon the execution of the Sales Purchase Agreement or no later then April 19, 2021; (ii) 35% of the TPP, is due by May 30, 2021; and (iii) the remaining 40%, is due on monthly basis, starting on June 2021. In addition to Bitmain order, the Company has purchased 150 WhatMiners, (“PO-2”), valued at $1,078,000. These miners will be installed in container facility, connected to a major power plant, located in Kennerdell, PA and managed by Wattum.

Details on both purchase orders are below:

PO-1/Bitmain Order:

  • Antminer S19JPro – 100TH
  • Shipping Schedule: August, 2021 – June, 2022
  • Total Qty: 4,800
  • Total Purchase Price: $34,047,600

PO-2/WhatsMiner Order:

  • WhatsMiner M31S – 82TH
  • Shipping Schedule: May 15, 2021
  • Total Qty: 150 units
  • Total Purchase Price: $1,078,000

Steve Rubakh, CEO of Integrated Ventures, Inc., provides the following commentary: “The Company is very pleased to secure this large scale purchase agreement, especially during a period of scarce supply of mining hardware. Going forward, INTV is committed to deploy any raised capital for purchases of the mining equipment. This purchase effectively doubles INTV’s hash rate and represents a major step in INTV’s strategic growth plan, resulting in significant increase of the Company’s projected revenue growth rate.

Below is detailed shipping schedule for all in-coming mining equipment for the rest of 2021:

  • 300 Avalons/model 1166Pro/assorted 75TH-82TH – April delivery
  • 150 WhatsMiners/model M31S/82TH – May delivery
  • 200 Antminers/model S19JPro/100TH – August delivery
  • 250 Avalons/model 1166Pro/75TH-82TH – August delivery
  • 200 Antminers/model S19JPro/100TH – September delivery
  • 200 Antminers/model S19JPro/100TH – October delivery
  • 200 Antminers/model S19JPro/100TH – November delivery
  • 200 Antminers/model S19JPro/100TH – December delivery.

By the end of December 2021, at minimum, the Company will own and operate over 2,000 miners. Based on BTC pricing of $60,000, the projected and unaudited mining revenues for next 12 months, once all units are connected are expected to be in range of $19,000,000 and $21,000,000 million dollars.”

Arseniy Grusha, CEO of Wattum Management, Inc., adds the following: “We are pleased to partner with INTV and to be an integral part of 12 month Sales & Purchase Agreement with Bitmain Technologies Limited, to jointly acquire 4,800 units of S19JPro – one of the most efficient miners available on the market. Both companies are focused on expanding their mining and hosting operations, by launching multiple data centers and mobile mining farms. We are looking forward to a mutually beneficial and long term cooperation with goal of establishing Integrated Ventures and Wattum as leaders in rapidly growing North American cryptocurrency market.”

About Integrated Ventures Inc: The Company operates as Technology Holdings Company with focus on cryptocurrency sector. For more information, please visit company’s website at www.integratedventuresinc.com.

About Wattum Management, Inc: NY based and privately owned, leading technology corporation, focused on providing cost efficient and reliable hosting services, firmware design, distribution of mining equipment, complete facility management and mining pool operations.

About Bitman Technologies Limited: Founded in 2013, Bitmain transforms computing by building industry-defining technology in cryptocurrency, blockchain, and artificial intelligence (AI). Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the Antminer brand. The company also operates the largest cryptocurrency mining pools worldwide- Antpool.com and BTC.com. Bitmain technology supports a wide range of blockchain platforms and startups.

PNY LX2030 and LX3030 M.2 NVMe Gen3 x4 Solid State Drives: More Endurance for the Chia(R) Plotting Needs 16343

PNY announced today the launch of the LX2030 and LX3030 line of ultra high endurance SSDs to the company’s assortment of solid-state drives. The new LX families of SSDs offer ever higher levels of endurance designed for “proof of space and time” applications like Chia (XCH) Plotting.

Designed for Plotting
The PNY LX2030 and LX3030 M.2 NVMe SSDs are the ideal solution for “proof of space and time” applications like plotting Chia Coin. To secure the blockchain, the data needs to be first created in a process called “plotting”, which is only required once per plot file. This process is write intensive, so a desirable SSD for plotting has high sustained write bandwidth and endurance (TBW, or terabytes written). Typically this level of write performance and endurance was only seen on enterprise class SSDs.

Lifextension Technology
The PNY family of LX drives take advantage of Lifextension technology to offer a Chia Plotting TBW rating of up to 54,000 in the LX3030 2TB. To deliver such a high Plotting TBW, the LX series of PNY SSDs utilize an advanced AI Engine, LDPC and Flash I/F to improve NAND endurance, making them the best unit cost for plotting. Without sacrifice, you are able to take full advantage of Lifextension technology and the up to 18X better endurance by adding an LX drive to the system.

Statement From CHIA Team
“I’m very excited that PNY has partnered with Phison to deliver the first SSD for Chia plotting. The LX3030 is tuned for the Chia plotting workload, which requires a high amount of sustained bandwidth. Users can be at ease knowing they won’t wear out the drive easily – the LX3030 1TB can create 2PB of plots before wearing out. All of this is in an M.2 80mm form factor for broad compatibility. The entry LX2030 will be great for small form factor systems and 4-6 core desktops and laptops, like the NUC build,” said Jonmichael Hands, VP Storage Business Development at Chia.