Coineal rejected API mining, aiming to help the greater public earn profit! The question is HOW?

Coineal is the only platform that develops a unique strategy. The legendary “Ultraman” trading platform the first proposed Liquidity Mining model, also alternates the overall style which is completely different from other platforms.

The three major innovations of the Coineal platform:
1. Upgrade from "trading mining" to "Liquidity Mining" model
2. The first exchange platform to roll out different classes of limited "mining account"
3. The first exchange platform that integrates entertainment elements such as anime IP and barrage

In addition, Coineal's internationalization distribution is far ahead of other exchange platforms, and it has already landed more than 50 top global blockchain platforms. Europe, the United States, Japan, South Korea, and Southeast Asia are all covered, and the wind of “Ultraman” will soon swipe across the digital currency market.

"Liquidity Mining" refuses click-farming, being more stable and sustainable than trading mining

"Trading mining" allows everyone to see the power of tokenomics and capital leverage, but there are also fatal loopholes existing. The mechanism of providing 100% return on transaction fees and 20% bonus on invitation registration will attract a large number of click farmers and quantified trading teams. These miners can make the trading volume of the platform explode rapidly. However, as soon as mining revenues decrease, the same people will quickly withdraw and dump platform currency, resulting in a rapid decline in trading volume and a plunge in platform currency prices. If the platform trading volume cannot be refilled from the real users’transactions after the miners withdraw, the entire system will collapse.

As long as the platform awards the click farmers’ and quantified trading teams’ self-trading transactions, the trading volume will increase or reduce sharply, accompanied by the platform currency rollercoasting at the same time. This will not only lead to the result of investors bearing huge losses, but also negatively impact the proper development of the platform itself. The self-trading transaction is equivalent to artificially increase the leverage. However, the leverage is a double-edged sword where it can let a country rise rapidly as well as falls abruptly. The development of the platform, ultimately, is determined by the combined positioning of technology, operations, marketing, and capital. If the platform’s own capability is not in place, the leverage will only accelerate its demise.

The core competitive advantage of the exchange platform is to provide real liquidity for the digital assets. Coineal focuses on the original purpose of the trading platform, optimizing the "trading mining" tokenomics model and upgrading it to "Liquidity Mining" model. In the system of Liquidity Mining, Coineal will leave the mining profits to the real individual investors at the initial stage. Users will generate income through time and work, and thus provide real liquidity to the platform as well as reinforce the community foundation. This is also the the purpose that Coineal launched different types of mining accounts.

Coineal will open the API interface so that everyone has the access, but it will not provide any mining incentives for the self-trading exchange platforms. The professionally quantified trading teams can only rely on trading strategies to earn revenue, rather than on colliding transactions with no barriers to competition. This move will inevitably lead to discontent from click farmers and quantified trading teams. However, the feedback from the Coineal’s community shows that individual users are being very supportive. This not only allows the community to form a positive atmosphere, but also enables the platform to develop in a healthy and long-term orientation. After all, in order to really expand the platform, it cannot only reply on click-farming to make it appears to be prosperous. The key determination is whether the platform has the ability to get the most real users and trading volume, as well as the ability to screen high-quality currencies.

NEAL's tokenomic system can be a positive lever for capital, and it will be more stable and sustainable than the existing "trading mining" gameplay. Coineal is very clear about its own strategy in all stages of development. In the early development stage, it has decided that the profit is given to the individual traders on the platform, so that each real trader can work only 2 hours a day and earn 10 times more.

The first batch of mining accounts, each worth several tens of thousands yuan, was acquired in no time and the mining rate of return was much higher than other platforms

Coineal's first batch of mining accounts was acquired rapidly by investors as soon as it was released. The revenue of the first-class mining account can reach from 50,000 to 150,000 yuan just from the daily transactions of mining, and the second-class accounts can earn 20,000 to 30,000 yuan per day. In addition, there are platform revenue from dividends and invitation registration incentives.

The process of "refunding transaction fee at the equivalent amount of platform currency" is called "trading mining". Your account on the trading platform is just like the bitcoin mining rig. Different configuration account acts as different models. The "virtual computing power" of different accounts varies and thus the mining rate of return also differs to great extent. Coineal, maximizes the profit to the users and directly provide a series of highest configurations - "ASIC mining rig". The mining return rate excels all other trading platforms.

Coineal's mining accounts are divided into four categories:

1. First-class mining account: limited to 65 accounts, and have already been released. The first 10,000 transaction fees from the first-class mining account are returned with 150% equivalent amount of NEAL. The first 10,000 transactions of the first 500 users invited by such account are returned with 35% equivalent amount of NEAL.

2. Second-class mining account: limited to the first 65 accounts that register and complete KYC through the first-class account are considered as the second-class account. Each second-class mining account can enjoy the policy of which the first 10,000 transaction fees are returned with 135% equivalent amount of NEAL. The first 10,000 transactions of the first 500 users invited by such account are returned with 25% equivalent amount of NEAL.

3. High return award account: the existing and new users who complete the KYC registration before 12:00 noon on June 30. The first 10,000 transaction fees are returned with 125% equivalent amount of NEAL. The mining transactions of users who are invited by such account are returned with 25% equivalent amount of NEAL.

4. Ordinary account: the account registered after 12:00 noon on June 30th is considered as an ordinary account. The first 100 daily transaction fees are returned with 125% equivalent amount of NEAL. The following transactions throughout the day are returned with 100% equivalent amount of NEAL. The mining transactions of users who are invited by such account are returned with 20% equivalent amount of NEAL.

 (Note: Details of the event can be found from the official announcement at )

The first-class mining account earns twice as much as other platforms. However, these mining accounts are all limited. Investors who want the accounts need to spot the opportunity quickly and acquire immediately. Coineal’s first batch of mining accounts have been taken by the investors who spot fast and act quickly. Some investors have already profited several thousands of yuan by reselling these accounts! Users who did not grab the first batch of mining accounts can pay attention to the second batch. The Coineal platform will formulate the release and distribution plan for the second batch of mining accounts based on the consumption rate of the first batch. The second batch of mining account issuance will be decided on the basis of transaction volume, asset inventory, and dissemination capacity. In the following stage, the automatic "generation and distribution" of mining accounts will be realized gradually.

If you want to participate in mining and earn more NEAL, but cannot always be on watch. How can you make it happen? The Coineal platform provides an "Ultraman mining robot" for each trader and the transactions can be given to Ultraman to handle. It will automatically trade at the best price in the market. This is just as if you adopt a money-making machine that can help you mine without a break. The author has only seen such considerate service experience once - in Coineal.
(I am the hardworking "Ultraman", helping the master to mine and make money without a break~)

Integrating anime IP and entertainment elements, Coineal makes the trading full of fun

Coineal's style is completely different from other platforms. It is the first exchange platform that has integrated entertainment elements such as anime IP and barrage. Coineal's platform logo is a cute "Ultraman" image, and people in the community call it "Ultraman" or "little NEAL". Ultraman is an iconic character that everyone loves , especially for Japanese people. Coineal has attracted a group of Japanese users without even promoting in Japan. This has clearly proved the Ultraman's charm.

The Coineal community has infinite creativity. Ultraman’s IP image has evolved to a variety of plays. Besides the “Ultraman robot” mentioned previously, there are emoji packs, derived products (T-shirts, hats, dolls, pillows, cups, etc.),and three-dimensional cartoons... Little NEAL's emoji kits have been rapidly circulated in various communities and it is estimated that they will soon be spreaded to the entire currency circle.

 (NEAL emoji)

Coineal's trading interface incorporates entertainment elements such as the 90's favorite barrage and special effects. In the future, users no longer need to sneak into various groups in order to roast; instead, they can send barrage directly on the trading page. It is soooo much fun! THIS is really the young people's favorite trading platform - professional and entertaining at the same time. Trading and mining in Coineal not only makes money, but also makes lots of fun. You would want to spend the whole day in Coineal.

 (Barrage + Special effects, blingbling~)

Strong landing on more than 50 top international platforms, an instant coverage of the global market

Coineal is the fastest-growing dark horse among the exchange platforms this year. It began operations in April and started MyToken (MT). It only took 10 days to jump to the #1 of MT trading volume.Among the top 10 exchange platforms at that time, Coineal was the youngest with its products and operations being most unique. It constantly maxed out tokens. After three months of accumulation, the number of Coineal users exceeded 500,000. A complete team has been established and the underlying technology of the trading platform has been continuously upgrading which can provide advanced algorithms. The matching efficiency has reached the capacity to handle millions of transactions per second. Meanwhile, the world-class security and risk control system have been established.

With a solid foundation, Coineal began its journey of transformation and globalization. It has upgraded from an exchange platform to a fully-circulating platform for digital assets, moving from China and Korea to the world. In late June, Coineal will appear on the top international blockchain platforms one after another. The marketing promotion will surpass 99.99% of other exchange platforms. You can check out the “Ultraman” image in the list of stations below:

More than 90% of blockchain media and platforms in China, including MyToken, Cointime, and BiShiJie…
·  Over 20 top English sites, including CoinMarketCap, Bitcoins, Global Cryptopress, Coin Turk,nCCN,, Cryptoninjas, NEWS BTC, Cointelegraph, Cryptopotato...
·  More than 10 top platforms in Korea, over 10 top platforms in Japan, and more than 10 top platforms in Southeast Asia

NEAL is scheduled to go online at 12 noon on June 30th. Coineal's "Liquidity Mining" tokenomics model and the global strategy layout can provide excellent liquidity for digital assets and instant coverage for global markets.It takes at least 3-5 years for the traditional financial market to complete the issuance and asset tradings whereas Coineal only needs one day in the future! The efficiency of asset circulation will be tens of thousands of times higher than that of traditional markets. If the blockchain and the tokenomics are considered as the turning points between the new and the old world, then Coineal is the “rocket launch center” for global digital assets.
Coineal makes it easy to earn profit and have fun. It's indeed a different exchange platform! Register now:  

Official Telegram Group:@coinealclub

Official twitter@CoinealExchange

Information provided via press release.

Binance is about to open their first crypto/fiat exchange!

Just announced today, the good news is - the ability to exchange between fiat cash and cryptocurrency is finally coming to the top exchange,

The bad news is... just for those in Uganda, for now.

While is hands down the current exchange of choice for cryptocurrency traders, anyone's who's used it has dealt with the hassle of cashing out - you can't!  All you can do is send your crypto to an exchange that does.

So why just Uganda?  Binance, to their credit has a track record of not expanding to offer more than they can deliver.  In past articles (link) we've talked about them temporarily stopping new users from joining, so the site wouldn't become slow to their existing members. When they expanded their network capibilities, they allowed people to join again.

Uganda is likely being chosen for a similar reason - a small market to work out the kinks, basically a beta test so all the bugs are worked out before they're dealing with top global fiat currencies like USD and high demand.

To get people to participate they're even offering members in Uganda a month with no trading fees, and giving out over 10,000 of their official exchange coin 'BNB' as rewards.

You can read their full announcement here.

Author: Mark Pippen
London News Desk

Coinbase CEO announces "Give Crypto" charity - here's how helping the poor can also speed up "mass adoption"...

Give Crypto outlines their mission as "Our mission is to financially empower people by distributing cryptocurrency globally."

Coinbase CEO Brian Armstrong further describes the orginization's goal:

“We will raise funds from cryptocurrency holders, and distribute small payments to people in need around the world — all using cryptocurrency. Initial recipients will be people living in emerging markets, especially those going through financial crisis"

The organization has just been announced, and Armstrong says it will begin by them traveling and choosing recipients in person, before launching a wider-reaching plan.

Now here's how helping the poor, and ushering in mass adoption could happen together:

In underdeveloped nations, they never had telephone land-lines, but surprisingly - they have cellphones.

Their technology skipped a generation.  It was too expensive for a phone company to come and lay thousands of miles of wires for little profit.  But setting up cell phone towers is much less expensive, companies saw profit potential, so that's exactly what happened.

Here's how creative they've already been with what they have, using other digital assets. In underdeveloped nations where cell phones function only on "pre-paid" minutes, want a gallon of milk?  You can pay for that by transferring 30 minutes of your pre-paid cell phone time from your account, to the sellers.

The prepaid cell phone minutes are traded and exchanged like they were cash - now imagine how easy to understand cryptocurrency will be to these people!

While we often focus on 'whales' making big buys and sells - but don't underestimate the effect millions of people transacting small amounts could have on cryptocurrency markets.

Armstrong's goal for the charity is to have it overseeing over $1 Billion in cryptocurrency distribution to those in need, within just 2 years.

Learn more at
Author: Adam Lee 
Asia News Desk

Homeland security arrests 35 people, seizing over $20 million in crypto, following year-long undercover operation on the 'darknet'...

Today the DOJ announced an operation coordinated with U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, Secret Service, U.S. Postal Inspection Service, and the DEA.

The operation involved posing as cryptocurrency traders who would exchange darknet drug dealer's cryptocurrency for cash.

Among the items sized were:

●33 bottles of liquid synthetic opioids, over 100,000 tramadol pills, 100 grams of fentanyl, more than 24 kilograms of Xanax, and additional seizures of Oxycodone, MDMA, cocaine, LSD, marijuana, and a psychedelic mushroom grow found in a residence
●Seizure of more than 100 firearms, including handguns, assault rifles, and a grenade launcher;
●Seizure of five vehicles that were purchased with illicit proceeds and/or used to facilitate criminal activity;
●Seizure of more than $3.6 million in U.S. currency and gold bars;
●Seizure of nearly 2,000 Bitcoins and other cryptocurrencies, with an approximate value of more than $20 million;
●Confiscation of 15 pill presses, which are used to create illegal synthetic opioids; and
●Seizure of Bitcoin mining devices, computer equipment, and vacuum sealers.

The operation wrapped up today, after spending the last 4 weeks arresting the 35 suspects.  But just because this operation is over, doesn't mean the efforts won't be ongoing.

“Criminals who think that they are safe on the Darknet are wrong. We can expose their networks, and we are determined to bring them to justice. Today, we arrested more than 35 alleged Darknet vendors.  We seized their weapons, their drugs, and $23.6 million of their ill-gotten gains. This nationwide enforcement effort will reduce the supply of deadly drugs like fentanyl that are killing an unprecedented number of Americans.  I want to thank our federal prosecutors, and the dedicated federal agents with DEA, Homeland Security Investigations, the Postal Inspection Service, and the Secret Service for their outstanding work.” said Deputy Attorney General Rosenstein.

The full press release from the DOJ can be read here.
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk

Pornhub to Accept Tron and ZenCash? Rumors Abound...

Rumors abound as Variety reports on Pornhub’s potential partnership with Tron (TRX) and ZenCash (ZEN).

Earlier this Spring, the privacy-featured coin Verge sparked controversy over its new connection with the internet’s most popular pornography site, having asked their community for donations up to $65 million to fund a mystery partnership. According to Variety, Tron and ZenCash, also an anonymous crypto, will now be accepted as payment.

“Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum,” Pornhub VP Corey Price said in a statement.  “Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.”

Variety has yet to provide their sources, but this hasn't stopped the buzz on social media.

Tron recently made headlines when founder and CTO Justin Sun bought filesharing app bitTorrent for $118 million. The Hong Kong team launched its mainnet only weeks ago, while the ERC20 tokens are currently transitioning to mainnet Tron cryptocoins.
Author: Jeffrey Byron
Los Angeles News Desk

Facebook reverses their ban on cryptocurrency ads...

Back in January of this year, Facebook announced their ban of all advertisements related to cryptocurrency.   The ban was strict, and covered all aspects of the cryptocurrency world.  If it was in any way related to cryptocurrency - it wasn't allowed.

Today however, they announced they're letting the cryptocurrency and blockchain industry back on to their advertising platform, but with some new guidelines, saying:

"...starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.

Advertisers wanting to run ads for cryptocurrency products and services must submit an application to help us assess their eligibility — including any licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business."

Their full announcement can be read here.
Author: Adam Lee 
Asia News Desk

The Codex ICO: Blockchain Registry for Arts & Collectibles...

Blockchain is coming for intellectual property. Or rather, it’s coming in the form of a decentralized registry for Art & Collectibles. History and authenticity of artwork can now be immutably stored on a distributed ledger known as Codex. This new protocol will make it easier to buy or sell, get insurance, a loan, and track previous owners.

So...high-profile art thieves, fraudsters, and counterfeiters beware! You’ll now need to hack a blockchain to officially have possession of that Monet.

The Codex is a secure and impregnable store of information. If you own a piece of artwork registered on the network, you can rest easy. The original artist registers the piece on the Codex, sell to a collector who can then either keep it or sell it to an auction house, where it will then be sold to a new collector. Each change of ownership will be documented, allowing for security, contract, publicity, and proof of ownership.

Codex uses two ethereum-based elements to make this happen. First, there is the CodexCoin, an ERC-20 utility token which is used as fees for write operations in the registry. Second are the Codex Registry smart contracts themselves, which will be ERC-721 standard. The ERC-721 is Ethereum’s Non-Fungible Token which is soon to be the industry go-to for tracking ownership of assets. It often shows up in projects related to games and art, this standard ensures that each entry into the registry is tracked individually. Keep your eyes open for more ERC-721 implementation in ETH-based wallets soon.

Besides art, what can CodexCoins be used for? Any possession that requires proof of ownership, but Codex is targeting to world of fine art, wine, jewelry, watches, collectible cars, and more. Currently no registry exists, centralized or public, for these assets. 5,000 auction houses will be represented by the Codex Protocol consortium. The startup is focused on the $2 trillion Art & Collectible asset class.

With success, Codex expects lower transaction costs and less fraud. It could mean more liquidity in the art market as well, if more retail investors feel comfortable buying at auction houses.

Biddable is the first application built upon the Codex. Created in partnership with auction houses and industry leaders, Biddable means that Codex will be ready for mainstream use as soon as the mainnet is launched.

The team is made up of notable investors and engineers. Their advisor team comes partially from the success of other projects such as Augur and Ox. They will be making various public appearances throughout the summer, and their mainnet launch is anticipated by August 2018. The project was awarded 1st place at the World Crypto Economic Forum and 3rd at the Smart Dubai Blockchain Challenge. Suffice to say, this is a legitimate project with influence.

The private tokan sale began in March. Token auctions commenced in May. Stay tuned for their testnet launch this Summer. Whitelist period is from July 2-6.

For more info, visit
Author: Vincent Russo
Los Angeles News Desk

US Secret Service warns Congress about privacy coins - here's what you need to know...

Robert Novy, the Deputy Assistant Director of the Office of Investigations for the United States Secret Service gave prepared testimony to the United States House of Representatives Committee on Financial Services Subcommittee on Terrorism and Illicit Finance.

Those prepared statements, just posted to the US House Of Representatives website (link) show they are becoming increasingly concerned about the use of cryptocurrency in illicit acts, stating:

"In recent years, criminals have increasingly used digital currencies to facilitate illicit activities onthe Internet. Digital currencies provide an efficient means of transferring large values globally, for both legitimate and criminal purposes."

Novy then listed the following reasons why 'criminals prefer digital currencies' saying these ‘characteristics’ appeal to them:

1) Widespread adoption as a medium of exchange for intended criminal activities.
2) The greatest degree of anonymity.
3) Protection against theft, fraud, and lawful seizure.
4) Can be readily exchanged to and from their preferred currency.
5) The ability to quickly and confidently transfer value transnationally.

Up to this point there wasn't much we haven't heard before, same things we saw in news stories often back when the mainstream media was just learning about Bitcoin and couldn't write a report on it without mentioning the big 'Silk Road' bust - where the suspected owner of a large illegal online marketplace that used Bitcoin as it's currency was arrested.

The topic then switched to privacy coins specifically - something we haven't heard law enforcement weigh in on much before. That's when Novy took a more hardlined approach, saying:

"We should also consider additional legislative or regulatory actions to address potential challenges related to anonymity-enhanced cryptocurrencies, services intended to obscure transactions on blockchains (i.e. cryptocurrency tumblers or mixers) and cryptocurrency mining pools."

In my opinion - I've always found this an odd argument to make, because even with all this in mind - the most anonymous method of transferring funds has and always will be paper cash.  Even privacy coins leave behind a larger footprint than a person simply handing someone a suitcase full of cash and disappearing into the night.

Also, not every transaction someone wants to keep private is also illegal. Every day countless numbers people use cash when they're buying something that may simply be embarrassing to them - but legal nonetheless. 

Lastly - these days even credit card companies are providing a method for anonymous usage though pre-paid cards, which can be purchased in cash and readily available at gas stations and grocery stores.

It's important to remember these are simply some suggestions given to lawmakers, but this still presents possible future complications for those investing in coins like Monero or ZCash.

At least it wasn't all bad - to his credit, Assistant Director Novy does see the legitimate use cases and benefits to the public cryptocurrencies offer, adding:

"Digital currencies have the potential to support more efficient and transparent global commerce, and to enhance U.S. economic competitiveness."

Another interesting thing we learned in the testimony - since 2015 the Secret Service has sized $28 million in cryptocurrencies during criminal investigations, primarily Bitcoin.
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk

John McAfee hospitalized after what he claims was a failed 'assassination attempt'...

John McAfee is back on Twitter after a couple days of silence - posting the photo above [link] along with a wild story of what happened, saying:

"I apologize for my three day absence but I was unconscious for two days at the Vidant Medical Center in North Carolina and just woke up. My enemies maged to spike something that i ingested. However, I am more difficult to kill than anyone can possibly imagine. I am back."

When asked what he was poisoned with, McAfee responded with:

"Doesn't matter. They assumed it wouldn't be found out.  But what idiot would not believe that everything I say, think, do  or happens to me would not be recorded 24 hours a day? Duh!!!!"

McAfee says he knows who did it - and will get his revenge, saying:

"And for those who did this - You will soon understand the true meaning of wrath. I know exactly who you  are. Youh had better be gone."

There are no other details available at this time.

John McAfee is best known for creating the worlds first commercial antivirus software, but left the company he founded in 1994 and has since been involved in mobile apps, alternative medicine, and cryptocurrencies.
Author: Adam Lee 
Asia News Desk

In a huge surprise move, the US Federal Reserve is now officially tracking & indexing cryptocurrencies!

The St.Louis branch of the Federal Reserve announced they are officially indexing cryptocurrencies - using the publicly available charting data provided by Coinbase.   Their index will include Bitcoin, Bitcoin Cash, Ethereum and Litecoin.

There is some history showing various people from the Federal Reserve were keeping a close eye on the cryptocurrency world for some time - however the move today says they see it as an economic factor worth more than just casually monitoring - they're now keeping records on cryptocurrency value data like they do currencies of foreign nations and commodities. 

Lael Brainard from the U.S. Federal Reserve's Board of Governors spoke on the topic of cryptocurrency just a couple months ago here in San Francisco, saying:

"Because of the transformative potential of digital currency and distributed ledger technologies, the Federal Reserve is actively monitoring digital innovations in the financial system. We have been keenly evaluating developments in fintech and digital currencies through a multidisciplinary lens, combining information technology and policy analysis to study their potential implications for payments policy, supervision and regulation, financial stability, monetary policy, and the provision of financial services. This work draws from expertise throughout the Federal Reserve System and benefits from engagement with our colleagues internationally."

Even as far back as 2014, David Andolfatto who was Vice President of the St. Louis Federal Reserve at the time, hosted a learning seminar on the topic where he made the bold statement that cryptocurrency and blockchain tech "will force traditional institutions to adapt, or die.”

It's important to think about the private discussions behind the scenes that lead up to a move like this, it’s a sign the Federal Reserve's leadership are in agreement that cryptocurrency is here to stay.  This wouldn't be worth doing if they thought otherwise.

Their index is already live and you can take a look for yourself at

Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk

Delivering Blockchain: The OEL Foundation ICO...

The supply chain industry of the future is all but guaranteed to run on blockchain. Shipping, processing, record keeping, and cash flow are such major points of inefficiency in current systems that it’s hard to imagine the world of crypto not playing a significant role. One could argue that blockchain itself is just a digital supply chain. All transactions waiting in neat blocks for the appropriate hash before moving to designated wallets, like miniscule delivery trucks lined up at weigh stations. A quaint analogy for a $6 trillion monster industry.

The Open Enterprise Logistics Foundation, or OEL, is a ICO from Hong Kong proposing a new blockchain ecosystem for global transport management. According to OEL, a full one percent of top-line revenue is lost due to lack of security, product damage, and late deliveries caused mainly by an obsolete system of manual input and paper tracking methods. This drives up the cost of transport, hitting developing economies the hardest but taking a toll on the entire GDP.

Their plan is to replace the paper trail with an immutable blockchain ledger. Bills and receipts will be handled electronically. The new OEL system will bring transparency to documentation and employ the use of smart contracts to processes payments. The use of this new communication tech would remove middlemen; currently all transport supply is conducted by 3rd or even 4th party businesses. The blockchain would create independence from these brokers.

If you follow cryptocurrency applications at all, you’ll know that this isn’t a new idea. Major players in supply chain tech include ERC-20 giants VeChain, Walton, WaBi and more. However, these projects do have their differences. VeChain, while undoubtedly a logistics provider, so far has been focused on specific products such as cars, liquor, and medicine. WaBi is known for taking on the counterfeit black market, and Walton focuses on data integrity and traceability. At least from a marketing standpoint, OEL’s main concern is in shipping and tracking, with heavy emphasis on logistical infrastructure, RFID hardware, and networking software.

They do have a working product. Or rather, they have a veritable proof-of-concept in a business known as OpenPort. OpenPort, in early 2018, used OEL’s blockchain-enabled proof-of-delivery delivery system to confirm the first automatically tracked shipment for a client, demonstrating the efficiency of their new technology. While this utilized a private blockchain, the OEL Foundation plans to use this real-world experience to build the OEL Enterprise Architecture as an open-source network for other businesses while leveraging OpenPort’s existing client base.

The token specifics are what you would expect from an ICO in 2018. The OPN utility token, an ethereum ERC-20, will be available for public sale as soon as Q3 of 2018. Mainnet launch is slated for Q2/Q3 of 2019. Like VeChain, ODN will have a staking rewards system for investors, so expect a dedicated wallet launch in the 2nd half of 2019.

For more info on token rewards, governance, or how to whitelist and invest, visit
Author: Vincent Russo
Los Angeles News Desk

Rapper Akon proposes a 'Real life Wakanda' with an economy that runs on his new cryptocurrency 'AKoin'...

Akon was asked to speak at the Cannes Lions International Festival of Creativity on the topic of “Branding Africa: Blockchain, Entrepreneurship and Empowering the Future.”

But he surprised his audience by deciding to pitch a new cryptocurrency controlled by him as a solution to Africa's development - saying investing in his cryptocurrency will help him to create and power what he's calling a ‘real-life Wakanda’.

The early outline of the project is described as:

"AKoin is a new cryptocurrency from visionary changemaker Akon and is the foundation of the AKoin Ecosystem -- a unique global project that offers an abundance of digital and in-real-life platforms and experiences that create opportunity and inclusion for youth entrepreneurs by allowing consumers to buy, hold, and spend cryptocurrency right from their smartphone through a suite of blockchain-powered apps.

The AKoin Ecosystem unlocks the potential of the world's largest emerging economy through the creation of a stable currency and innovative, revenue-generating opportunities that stimulate and support youth entrepreneurship, economic stability, and growth across Africa and the world.

Created by Grammy-nominated, multi-platinum selling artist, producer, entrepreneur, and philanthropist Akon, who successfully founded and grew Akon Lighting Africa to provide scaled solar power solutions throughout 18 countries to date in Africa, the AKoin Ecosystem's exclusive suite of sustainability and growth-building crypto-based apps offer immediate and ongoing new revenue generating opportunities to stimulate micro-exchanges and financial stability.

And while the opportunities to buy, hold, and spend Akoin to power youth entrepreneurs on the digital platform and from anywhere in the world are vast, consumers will also be able to engage with AKoin in an entirely new way when they visit the real-life Wakanda of Akon Crypto City."

When questioned about some of the specific blockchain technology that will be used to turn his plans into reality, Akon says:

“I come with the concepts and let the geeks figure it out.”

At the same panel discussion Akon also says he may challenge Donald Trump in 2020.

In the past, Akon was caught lying to earn 'street cred' by claiming he went to jail and served 2 years for being part of a car theft ring - the story behind one of his biggest hits "Locked Up".  The investigative reporting website "The Smoking Gun" investigated the claims and and found no records of convictions.
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk

John McAfee is done promoting ICO's - warns that anyone doing them can "look forward to arrests"...

Eccentric tech personality John McAfee announced on Twitter today that he's done promoting ICO's, stating:

"Due to SEC threats, I am no longer working with ICOs nor am I recommending them, and those doing ICOs can all look forward to arrest. It is unjust but it is reality. I am writing an article on an equivalent alternative to ICOs which the SEC cannot touch. Please have Patience."

McAfee also took heat from within the cryptocurrency world when he begin promoting a different coin every day on his Twitter, which he called his "coin of the day" tweets - joking referred to as "McAfee pump and dumps" in cryptocurrency forums and groups.  To his credit - the coins did actually pump following a Tweet.  It got so crazy at one point people had coded bots to immediately buy whatever coins were tweeted out from his account so they could cash in on the hype.

After a few days of backlash however, he changed this to a "coin of the week" and we started to see no change in prices following his endorsements, people seemingly just stopped caring.

No reason besides paranoia to think "anyone" doing ICO's will be arrested - the SEC has made their targets pretty clear, and legitimate ones have had no reason to worry.  No idea what his proposed "equivalent alternative" could be.

John McAfee is best known for creating the worlds first commercial antivirus software, but left the company he founded in 1994 and has since been involved in mobile apps, alternative medicine, and cryptocurrencies.
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk

Scammers who set up fake cryptocurrency exchanges now arrested in Ukraine...

The scam worked like this - setup websites that looked like known and trusted exchanges, trick people into clicking links to them, then steal their login information.  Once they had that, they could log into the real exchanges and drain their wallets.

According to a statement from the Ukrainian government:

"Receiving operational information about the activities of fraudsters, police began criminal proceedings under Part 3 of Art. 190 (fraud) of the Criminal Code of Ukraine. Within it, employees of the cyberpolice carried out a complex of operational measures, the results of which established the persons involved in this crime. They were inhabitants of the city of Dnipro from 20 to 26 years old."

After stealing the victims cryptocurrency, they would cash out using exchanges which convert cryptocurrency to fiat cash, transferring the funds to bank accounts opened with other stolen identities.

Ukrainian cybercrime investigators say a total of 6 fake exchange sites were created by the 4 people they arrested.
Author: Mark Pippen
London News Desk

Japanese police raid 16 people behind plot to mine Monero using secretly installed malware on victims computers...

16 people are under arrest in Japan - suspected to be behind an amateur online criminal organization which created both the malware to secretly use victims computers to mine Monero (which trades under XMR) and a variety of websites to lure the victims in and get them to unknowingly install the malicious software.

The arrests quietly began last month, with the final 3 suspects arrested this week. Local news outlet Asashi reports:

"The case against the 16 men aged between 18 and 48 was announced on June 14, although the first arrests were made in March. The suspects all operated their own websites, and they allegedly sent programs to the computers of site users without their consent.

The programs kicked into action on the users’ computers to conduct the often tedious and time-consuming task of mining to earn cryptocurrency."

If you're picturing a highly organized group of criminal geniuses I should also mention - they only made about $1000 total between the 16 of them.
Author: Adam Lee 
Asia News Desk

Chat, Trade, and Protect: A look at the many facets of OneChain...

At the time of writing this article, there are 1634 coins and tokens listed on, most of which are applications that rely on the Ethereum blockchain. With all of these dApps, you think there would be a solution to every problem on the internet. While many claim to focuson convenience and reliability, one problem remains: crypto, for most of the world, is still way too hard to use.

A hardware wallet may be a simple device for a crypto enthusiast, but the average person can’t be bothered. Decentralized exchanges are still the dark ages, and average users still prefer giving up autonomy for trusted applications. Meanwhile, privacy is becoming a paramount issue. These days you can’t even have a casual conversation without getting spammed with targeted ads. Worse yet, we have to worry about how our personal data is being abused and tracked in ways we can’t even conceive.

OneChain is an Ethereum token that aims to solve a few problems in a single decentralized application. Ease of storage, efficiency of trade and transfer, and private communication are the three main aspects of the OneChain’s model, wrapped in a user-friendly, consumer-focused product.

The One Superwallet will be able to store over 700 cryptos and perform 5 transactions per second via the use of its signature Thunder transfer protocol. The Superwallet boasts a secure app for web, desktop, and mobile platforms, and is available for multiple operating systems including iOS and Android. As you would expect, all versions of the wallet are open source and fully distributed. Thunder is a transfer system that allows for transactions between devices based on high performance graphene technology, so transfers shouldn’t get slowed by ethereum bottlenecks.

The One Exchange is their version of a DEX, or decentralized exchange. The proposed system appears quite sophisticated. Fully distributed, One Exchange is a P2P network of data centers, or nodes, around the world. These nodes are organized into efficient clusters to increase processing power. Instead of using traditional blockchain data storage, which is easily congested with transactions, One uses NOSQL databases. In other words, the system has its own efficient protocol for storing and transferring data. Speed, safety, and reliability are increased.

In addition to the technical features, the One Exchange will make it easy to deposit, withdraw, and interface seamlessly with their wallet. They plan to support stable assets such as bitUSD and bitCNY. For safety and transparency, One Exchange will utilize Merkle tree technology, not unlike that used in the Bitshares DEX.

Finally, OneChain offers a decentralized chat service. There are several cryptos promising to provide private chat such as Kin, E-chat, Chatcoin, and the rumored LINE-Q, but OneChat has a few ideas to stay competitive. It will be fully encrypted, censorship-resistant communication with the ability to chat in small communities as well as around the globe. A simple blacklist feature allows users additional security. The importance of blockchain in text communication can’t be overstated, especially in a areas where citizens feel their right to free speech is threatened.

Eventually OneChain plans to incorporate digital assets, decentralized file storage, and migration to the EOS graphene platform for speedier performance. The whitepaper mentions the possible integration of Loopring, another decentralized exchange protocol, though many details are absent. The roadmap is thorough, but since this is a unique launch-in-process, much of their progress is difficult to confirm. The iOS and Android apps are already available and plans are in place to begin development of applications on the One platform as soon as September, 2018. The goal is to have over 1 million users by January of next year.

The token sale, usage, and other information is still developing. Total supply of ONE tokens will be 10 million. According to the whitepaper, small amounts of ONE will be consumed during transactions, like fuel or gas, but keep an eye out for more technical developments in the future.

To download the working dApp and find more information, visit
Author: Vincent Russo
Los Angeles News Desk

Senior regulator with the US SEC states Ethereum not a security - markets respond with $17 billion market cap boost!

While not an official ruling, this does provide an insight into the conversations regarding cryptocurrency going on behind closed doors of the US government.

Speaking at the All Markets Summit in San Francisco, an event presented by Yahoo, US Securities and Exchange Commission director of corporate finance William Hinman stated:

"Based on my understanding of the present state of ether, the ethereum network and its decentralized structure, current offers and sales of ether are not securities transactions."

An important factor to consider - this quote was part of written prepared comments from Mr. Hinman - not an off the cuff remark or response to a question.  The fact this comment was prepared in advance leads me to believe we are likely hearing the same conclusions the SEC has come to internally.

Now here's the biggest part of this - the reason for Ethereum not meeting the standard of security is 'its decentralized structure' - meaning if this is how the SEC will make this determination, many other cryptocurrencies are also now in the clear.

But, he did elaborate with a warning for ICO's, saying:

"Even digital assets with utility that function solely as a means of exchange in a decentralized network could be packaged and sold as an investment strategy that can be a security."
So the rules seem pretty straightforward - talk about all the great things a coin can do, but do not tell people to buy it because it's going to go up in value - do not sell a coin as a for-profit investment.

Markets have responded today with green candles everywhere, and a market cap rise of $17 billion at the time of publishing.
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk

Ripple doesn't sound very excited about Ripple in new interview...

If you're in the cryptocurrency space you likely either love or hate Ripple, but for the same reason - they work with the big banks. 

Now a new interview with Reuters brings to light that banks switching over to being powered by blockchain is an uphill battle, and not expected to happen tomorrow.

“I will concede, we haven’t gotten there yet” Ripple’s chief cryptographer David Schwartz said speaking to Reuters.

"The feedback from the banks is you can’t put the whole world on a blockchain.” added Marcus Treacher, senior vice president of customer success.

Ripple is also learning that some sectors of banking are likely never to move to the blockchain. “What we hear from many of our customers is that it’s imperative to keep their transactions private, process thousands every second, and accommodate every type of currency and asset imaginable” Schwartz added.

Now to be fair, just because Ripple isn't accomplishing everything they want to immediately let's not discount what they have accomplished.  Banks have been impressed with Ripple's XCurrent technology which utilizes an immutable interledger protocol, and in the use case of cross-border payments banks can see transactions that used to take days literally take just seconds. Because of this you may still see Ripple's tech used to move trillions of dollars in the global market.

A big goal like revamping how banks fundamentally function is simply bound to be a massive challenge - and i'm absolutely not making the case that Ripple is failing by any means.  However - there's a couple questions worth asking; how long will investors wait? and what progress could competing companies make while Ripple still looks to solidify it's role in the banking world?

The full interview with Reuters can be read here.

Author: Mark Pippen
London News Desk

Here’s the Truth – Forget Everything You Know About Trading Cryptos as CFDs...

In the global financial market, 2017 was undoubtably the year of the cryptocurrency. While Bitcoin and Ether retained their leading positions, more than 100 different crypto coins found their way into the market, taking the total number to over 1,300. The market cap surged to over $300 billion, with daily trading volumes of around $15 billion. The price spikes attracted investors and the high volatility grabbed the attention of CFD traders. Today, renowned brokerages like Blackwell Global have started to offer crypto CFDs, giving traders the opportunity to speculate on rising and falling crypto prices, without having to buy and own the underlying asset.

The phenomenal growth of the crypto market gave rise to scepticism, however, breeding irrational fears. So, here are some of the myths about trading cryptos as CFDs debunked.

Myth #1: Crypto Trading is Done Anonymously

The anonymity aspect of cryptos has sparked a great deal of fear. While many believe crypto transactions are completely anonymous, this isn’t actually the case. On the contrary, when you buy and sell digital currencies, the transactions are tracked on a public ledger, which maintains an indestructible record of all exchanges and addresses. If you’re investing in cryptos via an exchange or trading them on a platform offered by a broker, you’ll need to complete KYC formalities to set up your account. Rather than worrying about anonymity, do remember to choose a reputable broker that prioritises high privacy and security and protects your sensitive information.

Myth #2: Cryptos Are Used to Fund Illegal Activities

Sure, cryptos can be used for such activities. People would rather use cash though; since cash transactions are far more anonymous and difficult to track than secure and transparent
blockchain transactions.

Myth #3: Cryptos Don’t Have Any Intrinsic Value and Their Price Will Crash to Zero

The crypto market offers attractive opportunities for CFD traders despite price fluctuations. With crypto CFDs, trades can be made in both bull and bear markets, by opting to go long in case prices are rising or to go short when prices are falling. So, if crypto prices crash, you’ll have ample opportunities to open and close positions! It’s true that cryptos have no intrinsic value. Well, nor does the US dollar, the pound or the euro. None of these currencies are backed by any physical commodity. Are we expecting the value of these fiat currencies to crash to zero anytime soon? Money has value because it is widely accepted as a medium of exchange. Cryptos are increasingly being accepted by companies as a mode of payment for their products or services. Some of these companies include large and established names like Microsoft, Expedia, Shopify, Intuit, Bloomberg, Tesla and WordPress. Even global organisations like UNICEF are accepting donations in cryptos.

Myth #4: You Can’t Use Risk Management Tools When Trading Crypto CFDs

On the contrary, it’s highly recommended that you use risk management tools with crypto CFD trading, since the market can be extremely volatile. Crypto CFD traders should set up stop-loss and take profit positions every time they open a position. A stop-loss order determines the price at which the position will be closed, which helps minimise losses in case the market doesn’t move in your favour. Take profit allows crypto CFD traders to lock-in profits, which helps to earn from a trade before the price of the underlying asset declines.

Myth #5: Crypto Trading is Not Regulated

Crypto is a new phenomenon and it will take some time for governments to finalise the entire gamut of regulations. Efforts are ongoing, and over time, the crypto arena, just as any other asset class, will be fully regulated. Through late 2017 and early 2018, the crypto market had been highly volatile due to changes in regulations. The regulatory environment is showing signs of stabilising, which could bode well for crypto prices. Crypto CFD traders should ensure they are trading with a regulated brokerage like Blackwell Global, which is FSP, FDR, CYSEC, MiFID and FCA registered.

Myth #6: You Need to be Highly Tech Savvy to Trade Cryptos

When you’re trading crypto via CFDs, you’re not buying or holding any coin. So, there’s no need to create crypto wallets or take steps to protect the digital currencies from hackers. With crypto CFDs, you’re simply speculating on price movements and all you need to know is how to open and close positions on the online trading platform of your choice. It’s best to be familiar with trading tools and test strategies before speculating with too much capital.

Myth #7: People New to Cryptos Shouldn’t Trade CFDs

On the contrary, traders who are new to cryptos could consider beginning with CFDs. You can start with smaller lot sizes and increase your investment as you gain experience. Moreover, CFD traders can turn to customer support, offered by the brokerage firm, for guidance. An established CFD broker will provide prompt support and take pride in ensuring timely and high-quality query resolution.

It helps to know something about crypto trading before jumping on the bandwagon. Blackwell Global is the only crypto CFD broker to have an extensive educational portal for traders to learn and stay in touch with the latest developments in this fast-evolving market. You could watch webinars on crypto CFD strategies, get to know about crypto specific indicators or simply read
some of the how-to articles.

Crypto CFD trading is more suitable for short-term and day traders. Experienced traders use crypto CFDs to diversify their trading portfolios, since these digital currencies are considered a good hedge against inflation and factors that impact other asset classes.

Get started today by visiting 

Information provided via press release