Syscoin rescheduled its release date

According to the Update 3.0 Syscoin has rescheduled its platform release date from March 27 to April 30 due to regulation compliance.
13 April 2018   406

Syscoin in its Update 3.0 has notified that in March several regulatory developments occurred that are applicable to both Blockchain Foundry and Syscoin. Specifically, on March 7 SEC released the statement “Statement on Potentially Unlawful Online Platforms for Trading Digital Assets”.

A number of these platforms provide a mechanism for trading assets that meet the definition of a ‘security’ under the federal securities laws

 

Excerpt from the statement

Blockchain Foundry was working on defining that Syscoin is not a security. Syscoin was advised to introduce a new level of of complexity and functionality into our protocol. The analysis will ensure that Syscoin remains actively listed and traded at all exchanges who are taking compliance seriously. Syscoin is going to stay a credible player in the space so being compliant is of paramount importance. The additional time will allow Syscoin to perform additional security and performance testing while the analysis is being complete.

Syscoin is a revolutionary cryptocurrency that offers near zero cost financial transactions like Bitcoin and provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. At the moment of publication, Syscoin market parameters are as follows

  • Average price: $0.346734
  • Market cap: $184,556,039
  • Volume (24H): $4,524,220

 

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   97

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.