Billionaires dumping high-flying tech, pouring cash into THIS instead

Editor's Note: Below is an important message from our colleague Brian Mansfield of Stansberry Research. Brian shows what he believes could be the secret to securing intergenerational wealth. Dear Reader, I just read a troubling report from the United States Securities and Exchange Commission. It appears that some of America's richest investors are dumping shares of tech stocks at an alarming rate. Berkshire Hathaway, for instance, dumped 2.9 million shares of Apple earlier this year. Appaloosa Management sold more than half of its stake in Facebook. And Amazon founder Jeff Bezos recently sold off nearly $3 billion worth of his own company's stock. What exactly is going on? It turns out that instead of pouring money into high-flying tech stocks... Investment dollars are flooding into a different corner of the financial markets. And it's only just beginning. My colleague, Bill Shaw has put together a brief presentation to explain the surprising reason behind this massive shift - and how it could send a specific $7 investment soaring in the weeks ahead. You can watch it, free of charge, right here. Regards, Brian Mansfield Research Specialist, Stansberry Research P.S. Even if you don't own a single share of Apple, Facebook, Netflix, or any other tech stock - this development could have a dramatic impact on your investments. For the full story, click here.   CoinSnacks | 5500 Military Trail Suite 22-250 | Jupiter, Florida | 33458 Unsubscribe | View in Browser

Giancarlo's grudge

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September 30, 2019 ICELAND ACQUIHIRE: Ripple is expanding its engineering team and moving into a new region with the acquisition of Iceland-based crypto trading firm Algrim. The Algrim team will add six engineers to Ripple’s ranks, with a focus on integrations with partner crypto exchanges to expand Ripple’s cross-border payment corridors and contribute to the ongoing development of the its on-demand liquidity product, said Amir Sarhangi, Ripple’s vice president of products. Full story QUANTUM THREAT: Tech giant Google claims to have achieved “quantum supremacy,” meaning it has built a quantum computer able to solve formerly impossible mathematical calculations. If proven true, this marks a major milestone in the development of quantum computers and possibly, the demise of blockchain technology as we know it today. But the threat of quantum computing has motivated researchers, technologists and, now, governments to build software able to resist quantum-powered. Full story HOLDING A GRUDGE? LedgerX executives claim the U.S. Commodity Futures Trading Commission (CFTC) treated them unfairly – because of a blog post. According to two letters obtained by CoinDesk via a Freedom of Information Act (FOIA) request, LedgerX believes former CFTC Chairman J. Christopher Giancarlo was personally biased against the company, and improperly used his position to delay the approval of an amended Derivatives Clearing Organization registration. “We have strong reason to believe that this unreasonable delay that is in clear violation of the Commodity Exchange Act is related to the Chairman’s animus towards a blog post written by our CEO,” the first letter, dated July 3, 2019, states. Full story CRYPTO YIELD FUND: Los Angeles-based Wave Financial has launched the Wave BTC Income & Growth Digital Fund, touting the product as the first crypto-derivatives-based yield fund on the market. “I think what was missing in the crypto market is a lot of very solid traditional types of products, but with crypto assets,” said Ben Tsai, managing partner of Wave Financial. After several months of due diligence, Tsai said Fidelity Digital Assets will provide custody for the fund. Full story BAYER ON THE BLOCKCHAIN: Bayer Crop Science has agreed to work with Ant Financial, the payments affiliate of Alibaba, to develop a blockchain-based system for agricultural product monitoring. The companies will utilize blockchain to increase efficiency, improve the income of farmers, ensure the production of high-quality food and aid in the digitization of agriculture, they said last week. Full story DOWN MONTH: Bitcoin has dropped close to 20 percent this month, confirming a bearish reversal on the monthly chart. Technical indicators on the weekly chart are also biased bearish, so the cryptocurrency remains on track to test $7,500 support. A minor bounce to $8,300-$8,400, however, could be seen before a deeper drop, as the intraday charts are signaling seller exhaustion. Full story BLOCKCHAIN UP FOR VAT? Europe seems to be testing the waters for using blockchain to prevent value-added tax (VAT) fraud. According to a Bloomberg Tax article, as companies fail to report the movement of products from one stage of a supply chain to another, billions of euros are lost to VAT tax evasion. Blockchain can mitigate this by keeping an immutable record of digital invoices, experts say. “Blockchain closes the window for VAT fraud to occur,” said Richard Ainsworth, head of the tax program at Boston University School of Law. Still, no European country has thus far moved its VAT accounting systems, and the switch may be years away.  WHO WON #CRYPTOTWITTER   Copyright © 2019 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

Elastos Bi-Weekly Updates —27 September 2019

This week Rong Chen presented his vision at the W3C conference in Japan and Alex Shipp's comprehensive narrative was published detailing his journey..

Elastos Bi-Weekly Update – 27 September 2019 This week Rong Chen presented his vision at the W3C conference in Japan and Alex Shipp's comprehensive narrative was published detailing his journey through China with the core teams. The piece revealed the most personal insights into the project to date and is well worth reading. Let's recap. Elastos Academy A Developer Beginner's Guide Developer Portal in Cyber Republic Developer Documentation on Github Elastos Smartweb Alpha Elastos Community Elastos Browser (Trinity) – The first official version has been released, and the community can download and install the app via Google Play or Github. – Completed the centralized version of the DApp Store backend development, which will serve as a temporary DApp release solution before the DApp Sidechain goes live – Completed DApp development specification and introduced a plan to the community developers to complete DApp development – Completed DPoS voting DApp specification design – Inter-application interaction design within Trinity – Resolved other issues with platform version compatibility and community feedback   Hive – Release Hive API-v0.5.0 – Completed Hive IPFS interface support and optimization of carrier offline messages   DID – Defined DID Use case related processes – Developed an adaptation interface for DID-SDK and DID Sidechain   Carrier – Released Carrier Native SDK-v5.4.1 and Android SDK-v5.4.1 to solve the crash problem of SDK on Android 6.0 device – Optimized the carrier offline message mechanism based on the Restful interface provided by Hive IPFS – Completed the development of the Carrier Persistent Group – Continued feasibility testing and testing of seamless migration of carrier instance data between devices   Main Chain – Upgraded the main chain blockchain browser to solve the problem of inaccurate address balance display – Completed v0.4.0 version development, including CR elections and optimization of caching and data persistence   ETH Sidechain – Upgraded the ETH Sidechain browser to resolve issues with partial values in trading and block details – Completed the design and documentation of the ETH Sidechain switch to DPoS consensus – Added community ETH Task Force team to ETH-mainnet whitelist   Elastos Wallet – Completed multi-sign wallet development and started CR related function development work – Completed DID product design related to CR business • Finalizing Elastos Academy Phase 2 Updates • Ethereum Spotlight Complete & Ready for Design • Assisted Community Developer with Ledger Voting Integration • Completed Phase 1 Planning of Elastos Console • Initiated a Job Opening Search for Ionic Developers • October Tactical Plan Complete • Scheduled Elastos Academy SEO Audit and Optimization The Elastos Foundation and Cyber Republic are honored to share Version 1.0 of the CRC Whitepaper. Please provide your comments and feedback by emailing crc-whitepaper@elastos.org  Read the latest Cyber Republic Weekly Report here: https://blog.cyberrepublic.org/2019/09/25/biweekly-update-sep23/ Participate in the Cyber Republic forums at https://forum.cyberrepublic.org. All logins are linked to your Cyber Republic login, including the forums and, in the future, your Elastos DIDs. Last month writer Alex Shipp joined the Elastos team on a journey through China chronicling a series of landmark events and providing the deepest insight into the team and project to date. https://news.elastos.org/elastos-behind-the-blockchain/ September 17 Feng Han participated in the EBTC2019 China Blockchain Technology Application and Ecology Conference and Blockchain Industry Awards Ceremony jointly hosted by Ear Finance. Experts in the blockchain industry gathered to discuss the future as well as ecosystem consensus in the blockchain industry. Elastos won the Best Technology Application Award for Blockchain Industry in 2019. The award recognizes outstanding projects that have had a profound impact on the blockchain industry in the past year and have played an important role in all aspects of blockchain. September 18 Rong Chen, Yipeng Su,  and Jingyu Niu attended TPAC 2019 hosted by the W3C. "The W3C Technical Plenary and Advisory Committee Meetings (TPAC) brings together W3C technical groups, the Advisory Board, the TAG and the Advisory Committee for an exciting week of coordinated work. The benefit of face to face meetings and discussions is invaluable." Rong gave a talk on Elastos with the summary reading, "A Smartweb has its own DIDs, browsers, micro-websites, and instant mini-apps, but no explicit IP addresses, nor communication protocols to prevent network attacks or third party apps from stealing user data." Malta – Nov 07 – 08 Elastos will be exhibiting with a booth at the Malta A.I. and Blockchain Summit in November. "The Malta A.I. and Blockchain Summit has secured its place on the global tech calendar as the premier platform for companies to exhibit, network and engage in debate. More than 14,000 exhibitors, investors, suppliers, and thought leaders have come together, forged new partnerships, and sealed lucrative business deals. The third edition of the summit takes place on 7 to 8 Nov 2019, offering more networking, more high quality content, and more business opportunities.  The AIBC Summit offers additional opportunities through a number of global satellite events and networking dinners, as well as producing a bi-annual publication and news site packed full of in-depth interviews and articles, bringing brand exposure and visibility to companies looking for a place to show the world what they do best. The variety of content offerings also provide a launch-pad for thought leaders keen to be a part of the conversation in this fast-paced industry." For more information: https://maltablockchainsummit.com/ Next Posts 78 MIN READ Elastos: Behind the Blockchain 14 MIN READ Elastos Bi-Weekly Update – 13 September 2019 3 MIN READ Elastos Financial Report - First Half 2019 Copyright © *2019 Elastos Foundation, All rights reserved. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.