Connect with us

Blockchain

Provable Solvency Report #71 – February2020

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report every month. Coinfloor is proud to have the longest standing track record among bitcoin exchanges in regards to auditing.

Today we are publishing our 71th monthly Provable Solvency Report with step-by-step validation instructions for your convenience.

As of today, Coinfloor holds a total of 3,682.9458 XBT on behalf of our clients. You are invited to verify that your held bitcoins are included in this balance by following the instructions below.

What does the Provable Solvency Report include?

We started out by creating an obfuscated report of all current client balances (the Solvency Report) and then generated a SHA-256 hash of this report.

We then created a bitcoin transaction to ourselves, that includes all currently held client bitcoins, for a value of 3,683.4739. XBT. The output of the script also includes the OP_RETURN of the SHA-256 hash of the report, proving that at the time of making the solvency report, Coinfloor held all of our clients’ XBT funds. You can verify the amount and details of the transaction on the blockchain.

Key Pieces of information:

Provable Solvency Report #71 (February 17th, 2020):
https://s3-eu-west-1.amazonaws.com/provablesolvency/+solvency_20200217.txt

SHA-256 Hash of the Provable Solvency Report: 8AB00AB9181600EC44FA6972B267337F218D1D5E10CFBB091F31B9CFB6E7F802

Transaction ID: 8ea4cdd4a9759846c1ed7a4ba99fdd280b4ca9c69c7d3a298909549df8b12548

View the transaction here:
https://explorer.bitcoin.com/btc/tx/8ea4cdd4a9759846c1ed7a4ba99fdd280b4ca9c69c7d3a298909549df8b12548

Your API authentication cookie:
You will find it in My Account > Dashboard in the Coinfloor signed in view, in the API section (visible only for fully verified accounts).

Instructions for Validating Solvency Report:

1. Open the Provable Solvency Report file:

https://s3-eu-west-1.amazonaws.com/provablesolvency/+solvency_20200217.txt

2. Go to

https://passwordsgenerator.net/sha256-hash-generator/ or to your SHA256sum calculating application.

Copy the entire contents of the solvency report (including any leading or trailing spaces or blank lines) into the SHA-256 generator and calculate the SHA-256 hash of the report.

3. Go to

https://explorer.bitcoin.com/btc/tx/8ea4cdd4a9759846c1ed7a4ba99fdd280b4ca9c69c7d3a298909549df8b12548

Click on the `SHOW ADVANCED` switch to view the OP_RETURN, where you will find the hash generated in the previous step matches the hash in the OP_RETURN output script of the transaction that includes all customer bitcoins.

Instructions for finding your account balance within the Solvency Report:

1. Go to

your local SHA1sum application

to calculate the SHA-1 digest of a message consisting of the timestamp shown at the top of the Solvency Report (1581935015) and your API authentication cookie.

Example (Linux):

    timestamp: 1581935015

    API authentication cookie (API Key): 9BTa7M0Z/Mrk6tFMJwEkTV3BQek=

    command: echo -n ‘15819350159BTa7M0Z/Mrk6tFMJwEkTV3BQek=’ | sha1sum

(the command may differ depending on the SHA1sum application used)

2. Find the resulting hash in the solvency report. Your balance is shown on that line in satoshi units. 1 bitcoin = 100 000 000 satoshis. For your convenience, here is a link to a bitcoin unit converter:

http://www.satoshi.24ex.com

We believe that this approach is the best way to achieve maximum accountability whilst retaining privacy for our clients. We welcome your feedback and hope that in time, other exchanges will also help safeguard client funds by providing proof of solvency reports to their users on a regular basis.

Thank you for your trust,

Coinfloor Team

image

Published

on

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report every month. Coinfloor is proud to have the longest standing track record among bitcoin exchanges in regards to auditing.

Today we are publishing our 71th monthly Provable Solvency Report with step-by-step validation instructions for your convenience.

As of today, Coinfloor holds a total of 3,682.9458 XBT on behalf of our clients. You are invited to verify that your held bitcoins are included in this balance by following the instructions below.

What does the Provable Solvency Report include?

We started out by creating an obfuscated report of all current client balances (the Solvency Report) and then generated a SHA-256 hash of this report.

We then created a bitcoin transaction to ourselves, that includes all currently held client bitcoins, for a value of 3,683.4739. XBT. The output of the script also includes the OP_RETURN of the SHA-256 hash of the report, proving that at the time of making the solvency report, Coinfloor held all of our clients’ XBT funds. You can verify the amount and details of the transaction on the blockchain.

Key Pieces of information:

Provable Solvency Report #71 (February 17th, 2020):
https://s3-eu-west-1.amazonaws.com/provablesolvency/+solvency_20200217.txt

SHA-256 Hash of the Provable Solvency Report: 8AB00AB9181600EC44FA6972B267337F218D1D5E10CFBB091F31B9CFB6E7F802

Transaction ID: 8ea4cdd4a9759846c1ed7a4ba99fdd280b4ca9c69c7d3a298909549df8b12548

View the transaction here:
https://explorer.bitcoin.com/btc/tx/8ea4cdd4a9759846c1ed7a4ba99fdd280b4ca9c69c7d3a298909549df8b12548

Your API authentication cookie:
You will find it in My Account > Dashboard in the Coinfloor signed in view, in the API section (visible only for fully verified accounts).

Instructions for Validating Solvency Report:

1. Open the Provable Solvency Report file:

https://s3-eu-west-1.amazonaws.com/provablesolvency/+solvency_20200217.txt

2. Go to

https://passwordsgenerator.net/sha256-hash-generator/ or to your SHA256sum calculating application.

Copy the entire contents of the solvency report (including any leading or trailing spaces or blank lines) into the SHA-256 generator and calculate the SHA-256 hash of the report.

3. Go to

https://explorer.bitcoin.com/btc/tx/8ea4cdd4a9759846c1ed7a4ba99fdd280b4ca9c69c7d3a298909549df8b12548

Click on the `SHOW ADVANCED` switch to view the OP_RETURN, where you will find the hash generated in the previous step matches the hash in the OP_RETURN output script of the transaction that includes all customer bitcoins.

Instructions for finding your account balance within the Solvency Report:

1. Go to

your local SHA1sum application

to calculate the SHA-1 digest of a message consisting of the timestamp shown at the top of the Solvency Report (1581935015) and your API authentication cookie.

Example (Linux):

    timestamp: 1581935015

    API authentication cookie (API Key): 9BTa7M0Z/Mrk6tFMJwEkTV3BQek=

    command: echo -n ‘15819350159BTa7M0Z/Mrk6tFMJwEkTV3BQek=’ | sha1sum

(the command may differ depending on the SHA1sum application used)

2. Find the resulting hash in the solvency report. Your balance is shown on that line in satoshi units. 1 bitcoin = 100 000 000 satoshis. For your convenience, here is a link to a bitcoin unit converter:

http://www.satoshi.24ex.com

We believe that this approach is the best way to achieve maximum accountability whilst retaining privacy for our clients. We welcome your feedback and hope that in time, other exchanges will also help safeguard client funds by providing proof of solvency reports to their users on a regular basis.

Thank you for your trust,

Coinfloor Team

image

Source: https://blog.coinfloor.co.uk/post/190875427051

Blockchain

ETH Options launches on PowerTrade

Published

on

PowerTrade, the most sophisticated crypto options trading platform, announces the addition of ETH options. PowerTrade’s addition of ETH options trading comes just as the asset retests its all-time-high with key resistance levels along the way—likely resulting in market volatility and presenting the ideal time for options trading.  

Given many crypto exchanges are not designed to support the complexity of options trading, the options market has been underserved until now. PowerTrade is specifically designed to support crypto options, enabling professional and retail traders to maximize ROI through an easy-to-use interface that aims to provide better prices at higher volumes with less capital. As the only crypto exchange that offers options priced in USD with SPAN (Standard Portfolio Analysis of Risk) margin, PowerTrade holds great appeal for traders seeking to discover new ways to make greater profits.

The ETH options are portfolio (SPAN) margined with the BTC options market, allowing for complex options strategies.  Also known as Portfolio Margin, SPAN margin takes traders’ entire portfolio risk into account when determining margin requirements, not just the risk of a trader’s individual positions.

This means if a trader has multiple positions that offset each other when the market moves, the required collateral will be much lower than the typical crypto margin exchange. The benefit of SPAN is that after calculating the worst-case daily move for one particular open position, some positions end up in profit, not requiring any margin and enabling unrealized gains to offset margin obligations for losing positions or new positions.

In the maturing crypto market, the integration of SPAN is integral in empowering traders to maximize ROI.

Tom Howard, Business Development & Growth at PowerTrade, expressed, “We’re very pleased to be able to offer ETH options trading to the wider crypto market at such a pivotal time in Ethereum’s development. Because PowerTrade’s platform is easy to use and mobile-first with low minimums and low fees, it truly puts the power of ETH options into the hands of traders.”

PowerTrade is now allowing all users to trade and earn up to $1,888 with PowerRewards.

Here’s how: 

  • Deposit funds up to $1,000 min. and earn $20
  • Trade min. $1,000 worth of crypto options (BTC/ETH) and earn $30
  • Earn additional rewards as you trade higher, up to $1,888
  • Must complete steps above and apply to earn rewards

For more information about PowerRewards, view our blog

To stay up-to-date on our latest news and developments, please join our Telegram channel and follow us on Twitter

About PowerTrade

PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements.

At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for crypto options.

 Disclaimer: This is a paid post and should not be treated as news/advice.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://ambcrypto.com/eth-options-launches-on-powertrade

Continue Reading

Blockchain

Real Madrid Player Gareth Bales Announces NFT Collection on Crypto.com

Gareth bales NFT collection

Rate this post Real Madrid star Gareth Bales, has become the latest sports celebrity to announce an NFT collection. In a recent press release, Bales announced that he is partnering with London-based artist, Dines, to release limited edition NFTs on Crypto.com. Real Madrid Star Gareth Bale Is Dropping an NFT Collection via Crypto.com Real Madrid winger Gareth Bale is following Lionel Messi’s lead in launching limited edition nonfungible tokens (NFTs), which will debut on September 28.  The Welsh football legend is airdropping two types of digital collectibles through Crypto.com. One of these categories comprises poster-like images of Bale’s career highlights, while the other comprises 3D reimaginations of his memorable bicycle goal from the 2018 UEFA Champions League.  To bring this project to life, Bale collaborated with the British artist DINES, who has previously worked with the likes of Nike, EA Sports, Adidas, and Levis.  “I am thrilled to partner with Crypto.com and London-based artist DINES, to release my line of NFTs. Over the course of my career, I have had the privilege to play for incredible fanbases around Europe and the world. Now, I look forward to giving something back to my supporters in the form of digital assets that you cannot find anywhere else,” Bale said in the press statement. He added that he sees Blockchain and NFTs as a new medium to raise awareness for causes. And through this initiative, he’ll be able to help Velindre Cancer Centre, which will receive a portion from all the sales.  Crypto.com Thrilled About the Partnership Commenting on the partnership with Bales, Crypto.com Executive Vice President and Global Head of NFT Joe Conyers III said that he was delighted to support an important cause. He explained: “Gareth is a football icon. Whenever we get to introduce a globally celebrated athlete to the NFT space, and welcome their fans into our community, it is a historic moment that we really cherish. We are honored to work with Gareth and DINES on this collection celebrating his storied career, and to do so in support of such a worthy cause makes it that much more special.” It is worth noting that Bale is one of Real Madrid’s most expensive transfers to date. The player was signed to the La Liga club for $117 million in 2013.

The post Real Madrid Player Gareth Bales Announces NFT Collection on Crypto.com appeared first on Cryptoknowmics-Crypto News and Media Platform.

Published

on

Real Madrid star Gareth Bales, has become the latest sports celebrity to announce an NFT collection. In a recent press release, Bales announced that he is partnering with London-based artist, Dines, to release limited edition NFTs on Crypto.com.

Real Madrid Star Gareth Bale Is Dropping an NFT Collection via Crypto.com

Real Madrid winger Gareth Bale is following Lionel Messi’s lead in launching limited edition nonfungible tokens (NFTs), which will debut on September 28. 

The Welsh football legend is airdropping two types of digital collectibles through Crypto.com. One of these categories comprises poster-like images of Bale’s career highlights, while the other comprises 3D reimaginations of his memorable bicycle goal from the 2018 UEFA Champions League. 

To bring this project to life, Bale collaborated with the British artist DINES, who has previously worked with the likes of Nike, EA Sports, Adidas, and Levis. 

“I am thrilled to partner with Crypto.com and London-based artist DINES, to release my line of NFTs. Over the course of my career, I have had the privilege to play for incredible fanbases around Europe and the world. Now, I look forward to giving something back to my supporters in the form of digital assets that you cannot find anywhere else,” Bale said in the press statement.

He added that he sees Blockchain and NFTs as a new medium to raise awareness for causes. And through this initiative, he’ll be able to help Velindre Cancer Centre, which will receive a portion from all the sales. 

Crypto.com Thrilled About the Partnership

Commenting on the partnership with Bales, Crypto.com Executive Vice President and Global Head of NFT Joe Conyers III said that he was delighted to support an important cause. He explained:

“Gareth is a football icon. Whenever we get to introduce a globally celebrated athlete to the NFT space, and welcome their fans into our community, it is a historic moment that we really cherish. We are honored to work with Gareth and DINES on this collection celebrating his storied career, and to do so in support of such a worthy cause makes it that much more special.”

It is worth noting that Bale is one of Real Madrid’s most expensive transfers to date. The player was signed to the La Liga club for $117 million in 2013.

PlatoAi. Web3 Reimagined. Data Inteligence Amplifed.
Click here for Free Trial.

Source: https://www.cryptoknowmics.com/news/real-madrid-player-gareth-bales-announces-nft-collection-on-crypto-com/

Continue Reading

Blockchain

Making sense of the path Bitcoin’s price will take in the near future

Published

on

Each time a halving occurs, Bitcoin sees a dramatic surge to a new all-time high, beyond many expectations. Bitcoin’s value sees regular pumps, followed by regular dumps until it eventually stabilizes with a new bottom. For some months, it trades relatively sideways until a second surge begins.

Based on this narrative, can Bitcoin record a new ATH in 2021? 

Analyst Bit Harington, in a series of tweets presented a similar scenario inspired by Bitcoin’s bull runs, post halving.

Source: Twitter

Bitcoin’s halving event in 2012 and 2016 saw the token rise by more than 600%, when measured from the resistance/support (R/S) line. Analysts (in the past and even now) perceive the halving as a bullish event. The said analyst is no different. He opined,

“What if…? Bitcoin

[R=Resistance, S=Support] From the R/S line Bitcoin pumped ~6X after halving 1 (~$200 to ~$1200) and also ~6X after halving 2 (~$3K to ~$20K)…”

In 2020-2021, Bitcoin witnessed an immense surge; a surge from below $4,000 to rising to above $60,000. (see chart below). Well, now, maintaining the $60k mark as the same R/S line – a clear bullish breakout looks imminent.

Exploring further 

Dutch trader and analyst Michaël van de Poppe too added some support to the aforementioned analysis. As per his tweet, it would lead Bitcoin prices to the $250,000-$350,000 range. Poppe, on the same thread, added,

“This makes a ton of sense and in line with my ideas too. Somewhere (in) 2017 we are. Heavy breakout to come at a later stage to ~$250-350K and then landing on $65K in the bear market for Bitcoin.”

Having said that, he hinted at a possible correction as well. The bear market could push Bitcoin prices back toward $65,000. Apart from this, other members in the community too agreed with the aforementioned analysis. Now, needless to say, a certain group completely slammed the said thesis. Something that remains common within the crypto world. For instance,

Where to Invest?

Subscribe to our newsletter

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://ambcrypto.com/making-sense-of-the-path-bitcoins-price-will-take-in-the-near-future

Continue Reading
Blockchain4 days ago

Over 40 days after Ethereum’s EIP-1559, here’s where it stands

Blockchain4 days ago

Cardano Sees an Influx in Smart Contracts ! But There’s a Twist

Blockchain3 days ago

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

Uncategorized3 days ago

NBA 2K22 Limitless Spot-Up and Chef Badges Explained

Uncategorized3 days ago

What is The Old Gym in NBA 2K22 Next Gen?

Uncategorized4 days ago

NFTs Are the Building Blocks of the Metaverse — Here’s How It’s Being Built

Blockchain4 days ago

EY Taps Polygon Network to Improve Enterprise Clients’ Experience 

Uncategorized3 days ago

Best Dribble Pull-Up in NBA 2K22: Which to Use

Blockchain3 days ago

Matic Price to hit $1.75 in the next leg up! Launch on Bitfinex to be the Catalyst?

Uncategorized4 days ago

Shiba Inu (SHIB) Rises to Range High

Blockchain3 days ago

Flux Pools autoriza o pagamento de ativos paralelos em mais de 300K Flux!

Uncategorized4 days ago

The Head of Diem wants you to trust Facebook, but is he fighting a losing battle?

News4 days ago

XRP Lawsuit: Here’s Why Experts Think Ripple Could Win the Case Against SEC

Blockchain3 days ago

All you need to know about MATIC before investing

Blockchain5 days ago

EY Integrates with Polygon Protocol: Advances NFT Issuance

Blockchain3 days ago

Smart Contracts Running on Bitcoin? Internet Computer Founder Explains How It’s Possible

Uncategorized1 day ago

PetPals, One Of The First Play-To-Earn NFT Web-Based Games Is Out Now

Uncategorized5 days ago

Solana (SOL) outperformed top 10 cryptos with $50 million in institutional inflows last week

Blockchain4 days ago

EOS: Why there’s a question mark attached to its long-term trajectory

Blockchain4 days ago

Shiba Inu’s days in the sun may be over; here’s why

Trending