Tuesday, February 18, 2020

Centrality Reward Programme: what’s next?

Centrality Reward Programme: what's next?

The Centrality Reward Programme was a huge success:

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580mil CENNZ

being transferred to the staking account
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16mil CPAY

staking and referral rewards

We have exciting news which we know the Centrality family will value...

Staking 2.0

We plan to start a new staking contract that will be the first step towards the main network. This will be a major chance for you to enter the new network early and earn more CPAY rewards before the public.

We are currently working on the details and will make some announcements soon, but it's important to keep your CENNZ safe as we announce the next transition process. So stay tuned!

Centrality limited edition swag is almost sold out

We've been sending the limited-edition merch and our love to Centrality family all around the world.

Picture of team and swag

There're still a few items left. Get your hands on Sylo swag store and place the order if you don't want to miss out.

Download the Sylo app from Google Play or the Apple store and use the QR code to access the store.

QR-code

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Bloomberg & blockchain

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February 18, 2020

CRYPTO CANDIDATE? Presidential candidate Michael Bloomberg announced a financial reform plan Tuesday, advocating for greater consumer protection measures. His proposal also had provision for a regulatory sandbox and "a clear regulatory framework for cryptocurrencies." Full story

THE SEC NEEDS YOU: Earlier this month, SEC Commissioner Hester Peirce proposed a new way to regulate token sales, creating a stir among industry commenters. If there are better alternatives, she wants to hear about them. “The securities laws cannot be ignored, but neither can securities regulators ignore the conundrum our laws create,” she writes. Full story

ON THE OTHER HAND: Preston Byrne, attorney and now CoinDesk contributor, says Peirce’s proposal “would be hilarious if it weren’t so serious.” The safe harbor plan would make it more difficult for retail investors to distinguish genuine projects from scams for several years and “would likely undo much of the progress towards mainstreaming crypto adoption,” he says. Full story

EXPLOITED AGAIN: Bad actors have made off with $630,000-worth of ether (ETH) after exploiting the newly launched ethereum-based lending project bZx. The second such attack of the platform in a week, the complex scheme manipulated flash loans and a price data feed to make off with 2,378 ETH in just one minute. Full story  

WHITE-LABEL OFFERING: Binance will soon launch a digital asset trading platform that can be rebranded by smaller exchanges for their local markets. Binance Cloud will offer local exchanges spot market and futures trading, as well as local bank API integrations and peer-to-peer fiat-to-cryptocurrency exchange services, the company said. Full story

RISING TREND:  With the arrival of the bullish golden cross, bitcoin has gathered upside traction in trading, continuing the 2020 rising trendline. With bitcoin's recovery above Sunday's high of $10,000, the market is back in bullish territory. However, if bears pull the price down to the $9,700 support level, sellers may target the next support at $9,200. Full story
 
CUTTING RED TAPE: Jared Polis, Governor of Colorado, joined CoinDesk's Will Foxley at ETHDenver where he talked about breaking down the mess of regulations holding back fintech in the state. Watch now

WHO WON #CRYPTOTWITTER
 

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