Interview: NewsBTC With Petr Belousov, CEO of Confideal

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Most of the applications of the Blockchain technology is driven by the smart contracts, which have the capability of automating decision making and execution in most of the settings. As most of the big names across industries pour money into creating and implementing these smart contracts into their organization’s operations and workflow, smaller players with … Continue reading Interview: NewsBTC With Petr Belousov, CEO of Confideal

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Huge Crude Draw Pushes Oil Prices Even Higher

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The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the week ending October 27—continuing the extended drawdown in recent weeks. Gasoline inventories, according to the API, saw a major draw of 7.697 million barrels for the week ending October 27, against an expectation of a much more modest draw of 1.7 million barrels.  Other analysts,…

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Huge Crude Draw Pushes Oil Prices Even Higher

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The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the week ending October 27—continuing the extended drawdown in recent weeks. Gasoline inventories, according to the API, saw a major draw of 7.697 million barrels for the week ending October 27, against an expectation of a much more modest draw of 1.7 million barrels.  Other analysts,…

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Huge Crude Draw Pushes Oil Prices Even Higher

Comments Off on Huge Crude Draw Pushes Oil Prices Even Higher

The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the…

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Huge Crude Draw Pushes Oil Prices Even Higher

Comments Off on Huge Crude Draw Pushes Oil Prices Even Higher

The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the week ending October 27—continuing the extended drawdown in recent weeks. Gasoline inventories, according to the API, saw a major draw of 7.697 million barrels for the week ending October 27, against an expectation of a much more modest draw of 1.7 million barrels.  Other analysts,…

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Bahrain imposes entry visas on Qatari nationals, residents

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Bahrain will impose entry visas on Qatari nationals and residents, it said on Tuesday, in what it called a security measure. Bahrain, Saudi Arabia, the United Arab Emirates and Egypt cut diplomatic, transport and trade ties with Qatar in June, accusing it of financing terrorism. Doha denies that and says the boycott is an attempt to rein in its support for reform. “The new measures aim at preventing harming the security and stability of the kingdom of Bahrain particularly in light of the latest repercussions of the crisis with Qatar”, said a statement on official news agency BNA. Citizens from the six-nation Gulf Cooperation Council countries are supposed to be able to travel within the GCC carrying only an identity card. Bahrain’s visa requirements […]

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Several people killed by vehicle on New York City bike path

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Author: 
Reuters
Tue, 2017-10-31 23:02
ID: 
1509480667222810500

NEW YORK: Several people were killed and numerous others injured in New York City on Tuesday afternoon after a vehicle drove down a bike path that runs alongside the Hudson River in Manhattan, police said.
The New York City Police Department, in a post on Twitter, said that one vehicle struck another, then the driver of one of the vehicles “got out displaying imitation firearms and was shot by police.”
Police said the suspect was taken into custody.
A police spokesman posted a photo showing a white pickup truck on the bike path with its front end smashed. The truck had the logo of the Home Depot hardware store chain on its door.
An witness told ABC Channel 7 that he saw a white pick-up truck drive south down the bike path alongside the West Side Highway at full speed and hit several people. The witness, who was identified only as Eugene, said bodies were lying outside Stuyvesant High School, one of the city’s elite public schools.
He also reported hearing about nine or 10 shots, but was not sure where they came from.
A video apparently filmed at the scene and circulated online showed scattered bikes on the bike path and two people lying on the ground.
City Hall said Mayor Bill de Blasio had been briefed about the incident. The office of New York Governor Andrew Cuomo said the governor was heading to the scene.

Main category: 
related_nodes: 
San Bernardino attack suspects shot up to 27 times
After mass shooting, Las Vegas seeks healing
Las Vegas gunman wired $100,000 to Philippines

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NYC incident. 6 people die. Up to 15 injured. NYPD treating it as potential act

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Treating as potential act of terror
The driver of the rented HomeDepot truck drove down a popular bike and pedestrian path in lower Manhattan.  There are reports of 6 deaths and up to 15 injured – some seriously.  The drive of the truck got o…

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Launching a Cryptocurrency “Token Generation Event” (aka an ICO)

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Ethereal ICO panel

On October 27, 2017, disruptors in the cryptocurrency field gathered at the San Francisco Ethereal SummitSponsored by ConsenSys, the summit provided a diverse mix of panels and workshops that demystified the “initial coin offering” (ICO) or “token generation event.”


Side note: Vernacular is key. Referring to a token launch as an ICO is so “September.” The process is now referred to as a “token generation event.”


At the “How to Launch a Token” panel, token generation event veterans Galia Benartzi (co-founder of Bancor Protocol), Matt Liston (CSO at Gnosis) and Piotr Janiuk (co-founder and CTO of the Golem Project) guided Ethereal participants through a hypothetical: founding a hat company and funding the development through a token. Here are some of the key points that they discussed.

Step 1: Determine if the token model fits for the new company

Imagine the whole process backward: What layer does the company involve — application, platform or protocol? Design the decentralized concept first and then discern if a token is necessary.

Criteria:

  • Is the project based on a decentralized model? If not, equity funding is a viable option –– no need for a token.

  • What is the token’s utility within the network? How are customers involved in the network? For example, is the token facilitating and incentivizing collaboration between the community in the network? If so, tokens (similar to shares and equity in a normal company) are a great way to distribute participation among stakeholders.

Tokens work best when fueling network effects around ideas –– when there are benefits to being an early adapter/stakeholder.

Step 2: Find a strong legal team and a favorable regulatory environment

Regulation in the cryptocurrency space is in its infancy and varies greatly around the world.

Criteria:

  • Find a competent lawyer with an understanding of the space that can give risk parameters. It is important to minimize risk for the project.

  • Select a government that defines clear boundaries and has a forward-thinking mentality.

Although blockchains and cryptocurrency promise decentralized disruption to all industries, anarchy would be unfavorable to all. All companies must comply with the law.

Step 3:  Work on the prototype phase

Establish a white paper, set up the concept on the testnet and prove the concept.

Criteria:

  • White paper: describe your network, protocol and model. White papers should strike the proper balance between being math-heavy and marketing-heavy. The goal is for users and stakeholders to understand exactly what the network is doing.

  • Prove that your concept works and expose its source code. Everything should be 100 percent transparent to the public.

  • Trustless (trust forced through code) and transparent networks are critical to long-term success. Secure and validate data by rewarding “oracles,” people who provide trustworthy answers and validate that events did in fact occur. On the flip side, penalize those who lie to the network.

Trust and transparency are paramount for any company that is considering funding its development with a token.

Step 4: Connect with the community

Generating interest for the token and setting the foundation for strong community support before finally launching a token generation event to the public is crucial.

Criteria:

  • Develop a public-relation strategy. Share as much as possible. Post videos, host AMAs, etc. This process can be grueling, but it is necessary to establish a global presence and field questions.

  • Prepare for a fast-paced environment. Communication builds authenticity and credibility with supporters around the world.

  • Listen to outside perspectives and criticisms.

Because token generation events allow for decentralized methods of funding, the company’s diligence process should be decentralized to match.

Tokens generation events are complicated and don’t work for every business type. However, they unlock a new economic driver: permissionless venture capital.

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API Weekly:
Crude -5.087mm (-1.3mm exp)Cushing -263kGasoline -7.697mm (-1.55mm exp)Distillates -3.106mm

Запись АПИ впервые появилась Прогноз курса валют. Форекс новости.

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