How to Deposit vite from Wallet to Market for Trading

• First open the web wallet or click => https://wallet.vite.net/startLogin
• After that, import your wallet or use Viteconnect
  
• Login according to the password you have created
  
• After successfully logging directly into the wallet menu
  
• Click the deposit to send vite to the market
  
• If prompted to enter a password then enter the password that you previously created when importing / entering the wallet
• Enter the number of vite you want to sell / trade then click Deposit
  
• After that, return to the trading / market menu
  
• Happy trading
  

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How to withdraw assets from Market to Wallet

• First step into your wallet the steps as above
• Just go to the wallet menu and click Withdraw on the part of the asset you want to withdraw to the wallet
  
  
• If it's finished, the balance you withdraw will enter your wallet like the column I marked below
  
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How to Withdraw ETH, BTC or USDT from Wallet vite to your personal Wallet

• First enter your wallet the steps are the same as above
• Select the transfer menu in the section I marked as below
  
• After that enter the amount you want to send and click Cross-Chain Transfer
  
• When it's finished, you only need to wait to enter your wallet.

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Thus, if you are still confused, please leave a question.

Cara Mudah Membuat Wallet atau Dompet Vite Melalui Website - Pertama kalinya saya membuat artikel disini, pada kesempatan kali ini saya akan membagikan sedikit tutorial cara mudah membuat wallet vite melalui website.

Baik, untuk caranya silahkan disimak dibawah ini :

• Pertama silahkan kunjungi website wallet vite atau bisa Klik Disini
  Maka akan muncul tampilan seperti di bawah ini
  

• Setelah itu kalian isi Username(tanpa spasi) pada kolom pertama dan isi Password pada kolom kedua dan ketiga. Jika sudah klik tombol Next Step
  Lihat contohnya pada gambar di bawah ini
  

• Sesudah klik Next Step seperti gambar di atas maka akan muncul seperti gambar di bawah ini, nah pada gambar di bawah ini adalah menampilkan data Backup Seed Phrase gunanya untuk membuka wallet vite anda saat anda membukanya di komputer/browser lain ataupun di aplikasi vite sendiri jadi wajib kalian copy dan simpan namun username dan password yang telah anda daftarkan juga tetap harus disimpan.
  Untuk tombol copy data Seed Phrase nya sudah saya tandai panah seperti contoh gambar dibawah ini, dan jika sudah kalian simpan semua langkah terakhir klik tombol Done
  

• Jika langkah diatas sudah selesai maka anda tinggal login dengan memasukkan password yang sudah kalian daftarkan sebelumnya dan klik tombol Login
  

• Sesudah login kalian akan di bawah kehalaman seperti dibawah ini dimana kalian bisa melihat data address vite kalian untuk menerima token vite dan juga kalian bisa bertransaksi yakni mengirim token vite jika kalian memilikinya.
  

Baik, saya kira tutorial cara membuat wallet vite melalui website diatas sudah selesai. Apabila ada hal yang masih belum paham kalian bisa komen di bawah dan saya akan menjawabnya ketika saya online

Terimakasih.

@Aspas the vite you stake will be frozen for 3 days. then after 3 days you can withdraw it.

Mengapa VITE Di Dalam Dompet Tidak Dapat Di Perdagangkan? Dari beberapa kalangan penggemar vite banyak yang bertanya Mengapa VITE Tidak Dapat Di Perdagangkan. Nah untuk artikel hari ini saya akan membahas tentang vite yang tidak bisa di perdagangkan tersebut.

Untuk saat ini vite memiliki dua jenis yakini :

• Koin Asli
  koin ini diberi label "VITE" dengan subtitle "Vite Coin". Anda dapat memperoleh koin-koin ini ketika Anda berpartisipasi dalam hadiah Airdrop harian, kampanye atau game High Roller dApp.
• Vite ERC20
  vite erc20 ini di labeli sebagai "VITE" dengan subtitle "ERC20 Token". vite dengan jenis erc20 ini yang saat ini dapat di perjual belikan di market

Lalu mengapa ada 2 Jenis vite? Yakni vite asli dan vite erc20
karena ketika Vite pertama kali didirikan, mereka mengeluarkan token VITE ERC20 di jaringan Ethereum. Namun, dengan peluncuran Vite TestNet pada November 2018, mereka merilis pembaruan dompet Vite dengan opsi untuk memigrasi token VITE ERC20 ke token asli VITE dengan rasio 1:1.

"Anda dapat memperdagangkan token VITE ERC20 pada pertukaran yang didukung ERC20. Setelah ViteX MainNet hidup (Q3 2019), kami akan mulai mengonversi semua token VITE ERC20 menjadi koin asli VITE"

Dari pernyataan tersebut berarti hanya untuk pengguna yang memiliki vite jenis erc20 yang dapat di perdagangkan. Sedangkan bagi pengguna yang menyimpan koin vite asli yang ada di dalam aplikasi/wallet harus menunggu mainnet pada Q3 2019 untuk bisa memperjual belikan koin tersebut.

Market Vite :
+Okex
+Hotbit
+Bilaxy
+Bittrex
+Upbit
+Idex

Download Aplikasi/Wallet
+Android
+iOs

Sekian informasi dari saya tentang Mengapa VITE Di Dalam Dompet Tidak Dapat Di Perdagangkan?. Jika ada yang perlu di pertanyakan silahkan tinggalkan komentar.
Terimakasih

@Aspas haha .. have a nice day

@raysiddun You can unstake at any time, but your VX will be frozen for 7 days and then it will go into your wallet automatic

Twitter Thinks Ethereum Is King

Throughout its life, Ethereum has always had a funny relationship with Twitter. When you browse tweets, it seems that Ethereum always comes out on top when it comes to hot talking points. The hashtag #ethereum and other variations of the tag are ever common. Prolific figures within Ethereum like it’s founder, Vitalik Buterin are often some of the most outspoken on Twitter also.

Ethereum has always been on fire, trending within tweets and standing out as a community favourite, though we can’t ignore a big part of why this might be the case, a surge in ‘Ethereum giveaways’ on Twitter in the wake of the 2017 bull run seemed to have huge impact on the popularity of Ethereum as a cryptocurrency. Twitter was used as a platform to run marketing based competitions that encouraged Twitter users to tweet, re-tweet, follow and generally engage with prolific Twitter users in order to take part in Ethereum giveaways. The premise is that a Twitter influencer would ask the community to re-tweet a tweet in order to enter a competition to win a portion of Ethereum. Prizes varied and as did the requirements for entrance.

These giveaways started to become more frequent and began to attract bad actors. Fake giveaways would be set up in order to phish personal data and even gain access to people’s cryptocurrency wallets, because yes, people were so invested in these giveaways, they would be willing to give up their private key. Fake accounts pretending to be the likes of Vitalik Buterin and even Elon Musk made these scams far more realistic.

Even so, with all this behind us, Twitter still think Ethereum is king, according to Ethereum World News, many people on Twitter, within the Ethereum community strongly believe that their beloved cryptocurrency will be trading above $1,000.00 again soon:

“Ethereum bulls seem to still be holding onto hope. Analyst Nik Patel recently hosted a poll through his Twitter feed, asking Crypto Twitter if they believe that ETH will ever trade above $1,000 ever again. Interestingly, out of the 4,000-odd respondents, a good majority (70% of eligible answers), claimed that they believe that the cryptocurrency will one day enter the four-digit price range once again.”

The outlook is starting to look a little more positive, Ethereum bulls have noticed some similarities between recent price hikes, and the success of Ethereum in 2017:

“Also, a number of analysts have begun to observe that Ethereum may soon rally hard against Bitcoin, as a fractal is starting to play out. Popular industry analyst Galaxy recently pointed out that the ETH/BTC chart currently looks as it did prior to 2017’s absolute explosion, during which the asset rallied to over 0.1 BTC.”

54 Million XRP Tokens Sold Off Last Month By The Co-Founder Of Ripple, Jed McCaleb

Reports serviced earlier this week saying that the co-founder of the San Francisco-based technology company ripple, Jed McCaleb has sold off at least 54 million XRP tokens between the 1st of April and the 30th of April.

Based on data from the cofounders known addresses, the McCaleb seems to be liquidating his supply of the XRP tokens on a regular basis. Data shows that the wallet addresses allegedly used by McCaleb to sell XRP received an average of 1.8 million tokens daily throughout last month.

Before we go any further though, it’s worth saying that we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!

Jed is one of the more prominent figures in the cryptocurrency industry. He created the infamous Mt. Gox platform and even co-founded the Stellar network.

This massive supply of tokens has led to a significant round of controversy in regards to the co-founder when he announced his intention to sell a portion of his tokens. After a long time of negotiations, a seven-year agreement with Ripple limited his monthly and annual sales of the XRP token.

@NRZ yes, ViteLabs

@Aspas You can revoke any time after due date by manually unstake with web wallet and a PC.
Go import account with mnemonic words > quota management > withdraw.
https://wallet.vite.net

HSBC To Move Corda Enterprise Blockchain To The Google Cloud

HSBC has announced it is the first financial institution to use software firm - R3s blockchain platform Corda Enterprise and move it onto Google Cloud.

The multinational bank was one of the first global banks to adopt blockchain technology into its systems. HSBC, alongside ING Bank, was the first to pilot a letter of credit in 2018 on the Voltron blockchain trade platform, and has now become the first financial institution to use R3’s Corda enterprise blockchain on Google Cloud.

This move by HSBC, to the cloud, marks a turning point for global custody clients, who will now be able to access details of their private assets directly and in real time, instead of requesting paper-based records. The bank currently uses Corda’s Digital Vault service as a way to cut onboarding time and reduce costs.

In a statement from Gaurav Aggarwal, HSBC’s Head of Distributed Ledger Technology and Tokenisation, Markets & Securities Services, the bank addressed the future of the move to the Google Cloud:

“Being the first organisation to move Corda technology to Google Cloud is a further sign of HSBC’s commitment to blockchain and cloud technologies [...] As well as cutting onboarding times and reducing costs, it will help us prepare for the future, in which the full transaction lifecycle could be stored on a distributed ledger,”

The digital vault service utilises the blockchain to digitise the transaction records of private assets, that include equity, debt, and real estate. This service is currently only available in Asia, with likely expansion in the future.

Cathy Minter, chief revenue officer at R3, added:

“Blockchain’s potential in supporting the custody of future digital asset classes is immense, and we have already seen this in practice with HSBC’s Digital Vault service. As HSBC moves Corda onto Google Cloud, clients will benefit from faster onboarding times and reduced costs. Corda was built with the highest standards of privacy and security in mind.”

JP Morgan Advises Investors To Allocate 1% On Bitcoin

Analysts from the finance house have made a broad statement on hedging investments to investor portfolios. According to a recent note made by the team of financial analysts representing JP Morgan, Bitcoin's current status functions as an uncorrelated hedge to the broader market.

“In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” stated the analysts, a team which included Joyce Chang and Amy Ho.

Having risen at least five times in the past year, Bitcoin's continued rise has prompted prominent investors such as Elon Musk, Paul Tudor Jones, and Stan Druckenmiller have bought in for their share. Companies like MicroStrategy and BNY Mellon have disclosed their Bitcoin positions. The average number of active users of cryptocurrencies, in general, has also risen significantly since December of 2020, adding some 15 million more users overall.

The alpha cryptocurrency has been touted by strategists as a viable means of hedging against significant fluctuations usually observed in charts for traditional asset classes. The recommendation of a 1% allocation for crypto is based on observations of crypto's—in particular Bitcoin's—highly volatile market, such that, in the event of a sudden move to a bearish turn, the effect would be insubstantial to an investor's current portfolio. While JP Morgan still sees Bitcoin as an off-risk asset like gold, correlative value of the cryptocurrency currently expresses 0.134 when compared to the S&P 500.

“Through the insatiable buy-side pressure from exchange-traded fund issuers, close-ended funds and large public corporations adding Bitcoin to their positions, demand is massively outstripping supply,” said Annabelle Huang, partner at Amber Group.

Notably, during the March 2020 market crash as the onset of the COVID-19 pandemic came to a fore, the cryptocurrency markets alongside Bitcoin also suffered the same, with a sharp bearish turn bringing BTC prices to a closure of as low as $5,000 in mid-March of 2020. The correlation rose to 0.54 during this period, suggesting that the two markets, while nominally unrelated, are correlated to a certain degree given that investments often overlap across portfolios.

Despite these positive statements, the analysts from JP Morgan remains doubtful of cryptocurrencies' usefulness in general, opining that “[cryptos] are investment vehicles and not funding currencies,” such that when investors are off "looking to hedge a macro event with a currency, we recommend a hedge through funding currencies like the yen or U.S. dollar instead.”

Unstoppable Domains Partners With Unocoin To Reduce Remittance Fees In India

India’s first exchange - Unocoin, has announced a partnership with Unstoppable Domains, in a move that will simplify cryptocurrency addresses and integrate .crypto blockchain domains. This will reduce remittance costs, while improving the user experience for Unocoin’s 1.2m users.

Unstoppable Domains, the company that replaces complicated cryptocurrency addresses with human readable names, aims to ‘set the internet free’ by creating a full blockchain name registry that acts as a payment gateway. This ensures that personal crypto addresses remain private, and makes payment simple and straightforward. As an alternative to a complex 40 character address name, Unstoppable Domains provides an easy to remember human readable name.

The collaboration between Unstoppable Domains, and the Indian exchange - Unocoin, aims to facilitate the ease of transaction for the current Unocoin users, but also provide a valuable service to India’s many cryptocurrency users. Reiterating Unocoin’s mission of “bringing bitcoin to the billions”. Co-founder of Unstoppable Domains, Brad Kam, commented:

“At its core, cryptocurrency is meant to allow for the cheap and efficient transfer of financial assets,” [...]“India’s population has been historically scorned from cryptocurrency. Unstoppable Domains is excited to deliver the seamless sending and receiving of cryptocurrency to Unocoin’s users. Our aim is to simplify cryptocurrency addresses, and establish human readable names as the domain standard across wallets and exchanges.”

Despite India being the second largest ‘Bitcoin nation’ in Asia, and the neighest recipient of remittances globally, the recent proposal to ban private cryptocurrencies in India could have a severe impact on the country’s ability to freely transact. As a result, there has been much heat from advocates of crypto to regulate, rather than ban, cryptocurrencies. Leading crypto companies like CoinDCX and Zebpay have teamed up to launch a campaign against the proposed ban with the hashtag #IndiaWantsBitcoin. This initiative hopes to showcase the support for cryptocurrencies in India, and push policy-makers to reconsider this bill.

Sathvik Vishwanath, CEO and Co-Founder at Unocoin stated:

“In line with the growth of the industry, Unocoin aims to offer its users the best possible experience. Integrating the .crypto domain is a significant step not only for Unocoin users, but also for additional exchanges in the country exploring simpler and more user-friendly options for their users.”

Integrating the .crypto domain will allow any exchange to simplify the transaction process. As the industry expands, it will make the holding and transacting of crypto assets much more attractive. Unlike the potentially daunting task of remembering (or losing) a 40 character address name, simplified crypto domains will make it easier for users to send and receive cryptocurrency, which in turn, will increase the remittance market and overall economic growth.

Sorare Takes Fantasy Football NFTs To New Level After $50 Million Funding Round

Sorare announced today the completion of a $50 funding round led by Benchmark and with participation from Accel. Leading celebrities in the world of football also took part, such as Antoine Griezmann, Rio Ferdinand, Oliver Bierhoff, Alexis Ohanian and Gary Vaynerchuck.

Nicolas Julia is the Co-Founder and CEO of Sorare, the global fantasy football game. He says he started his journey back in 1998 when France hosted the World Cup. He completed his very first sticker album that year, and he said it helped to bring him closer to the game of football, but also closer to his friends who were also collecting the stickers.

Years later, in 2018, Julia and his Co-Founder Adrien discovered the new technology of Non-Fungible Tokens (NFTs). They realised that this could take digital collecting to a new level, and that it would be the perfect fit for introducing digital scarcity into the world of fantasy football.

Julia says that working with Benchmark has brought his dream to reality. He believes Benchmark to be “one of the best early-stage venture capital firms in the world”. Benchmark has also successfully backed top internet companies such as Twitter, Snap, Instagram and Discord.

The Sorare CEO says what the company will do with the funding:

“We’ll be using this new funding to propel our vision forward. Our mission is to create “The game within The game”. We are transforming online football fandom and giving fans like us the power to own the game they love.”

He goes on to say that the funding will help in hiring a first-class team, onboard the top 20 football leagues in the world, and launch a mobile app. He also adds:

“More importantly, these funds will serve to delight our current and future community. Clubs, footballers and fans are at the heart of the game. We’re designing an experience where fans can celebrate, share, and live football moments at a deeper connection. We’re making fantasy football a reality.”

Finally, he describes how the technology of NFTs will work to give digital cards superpowers:

“Blockchain technology gives Sorare cards superpowers. We are building more than collectibles. Our digital cards have a utility that can be used in our global fantasy football games and myriads of games. The potential is limitless and we can’t wait to see the amazing football projects that are built around Sorare cards!”

NFT technology is really exploding onto the Blockchain/Cryptocurrency scene currently. Christies is involved with selling art NFTs and the world of DeFi is using the technology in ever more innovative ways. The future does look bright for the companies that can become the first movers.

Vite Bi-weekly Report Feb 1–15, 2021

Project Updates

ViteBridge Official Announcement
On February 12th, Vite CEO Charles Liu officially announced the new ViteBridge Whitepaper on Twitter. This paper proposes a generic and decentralized cross-chain transfer protocol to bridge all blockchains. This protocol will allow the unconstrained transfer of information and value between heterogeneous ecosystems and push our industry towards more openness and interoperability. For full access to the whitepaper visit https://docs.vite.org/go-vite/bridge/ViteBridge.html.

Vite Website Upgrade
Representing a major milestone for Vite 2.0 and on the same day of the ViteBridge Whitepaper release, Charles also unveiled our new website upgrade. The page contains a clean, user-friendly layout, updated designs, and an easy-to-use navigation menu and buttons to help our community take advantage of all the products Vite has to offer. While the website has changed, our website address is still the same, so check out www.vite.org to see the new fresh face of Vite.

Vite Docs Update
In addition to our website, we also updated our Vite documentation page to allow for a more user-friendly, easily searchable experience. These updated pages will also offer developers more convenience in finding relevant documents to build Vite related applications. Check out our documentation page in the following link: https://docs.vite.org/go-vite/introduction/#

Activities

Vite & WeTeam Join Forces
On February 10th, Vite Labs collaborated with Bi23 Labs to create a new generation of efficient team management and autonomous tools through WeTeam. This tool will support teams and enterprises based on the blockchain as well as digital token technologies by leveraging DAO models to provide support for data chaining, proposal governance, and team incentives.

Teams can sign up for a WeTeam account by entering their enterprise e-mail with an official website domain name. From there, teams can set up incentives and governance tools to help promote team development.

Read more about the announcement on our Medium page:https://medium.com/vitelabs/vite-weteam-join-forces-using-dao-tools-to-build-team-management-and-incentives-for-the-vite-36521bf659c

Vite COO Richard Yan Delivers Remarks on Vite 2.0 at #Binance Blockchain Week
On February 5th, Vite COO Richard Yan gave a keynote at Binance Blockchain Week. Richard shared Vite’s technical characteristics and details about Vite’s product lineup. One key item raised by Richard was about the evolution of Vite’s work in developing a more robust cross-chain network through the Vite 2.0 plan. Through Vite 2.0, token holders of one chain can now participate in a completely different chain without spending additional resources in the new chain.

To read Richard’s remarks, check out Vite Labs Medium page here: https://medium.com/vitelabs/full-transcript-vite-coo-richard-yan-delivers-remarks-on-vite-2-0-at-binance-blockchain-week-809e8a0b3fc0

You can also watch Richard’s remarks and the rest of the conference video at #Binance Blockchain Week — Founding The Future — Day 4

To learn more about our COO, follow Richard on Twitter @Gentso09 and his podcast The Blockchain Debate @blockdebate.

Winners Announced for Vite 2.0 Quiz Contest
On February 4th, Vite has launched a quiz campaign where winners who get a perfect score, follow @ViteLabs on Twitter, and join Vite’s Official Telegram could win 500 VITE. Participants were asked to watch Vite 2.0’s official release video and complete a quiz with no mistakes. Congrats to the 10 winners of our contest!

Check out the full announcement here: https://medium.com/vitelabs/answer-our-vite-2-0-quiz-for-a-chance-to-split-7-500-vite-d169e85a04d6

More Contest Winners: Promote Vite 2.0 (ViteBridge) and Win VITE
On February 5th, Vite released another contest for the start of the month where Twittter users can retweet and win VITE. From February 4th to February 11th, participants promoted Vite 2.0 and tagged three friends for a chance to win up to 1,000 VITE. Many thanks to all who participated and congrats to our five lucky winners!

Read more about this campaign on Medium: https://medium.com/vitelabs/promote-vite-2-0-vitebridge-and-win-vite-2f95b857b162

Community Contributions and Shoutouts
We want to send a major shoutout to one of our Community Superstars, Moe, for pulling together a very awesome new Vite browser, vitetxs.de, as a part of our Vite Community Wish List. Well done, Moe!

Also, many thanks to NFT for creating and including us on a really cool Twitter campaign. A job well done to the team who set it up and congrats to the winners of that contest who won VITE for their participation.

Industry Exchanges

Crypto 101 Podcast
Vite COO Richard Yan sat down with Crypto 101 podcast host Bryce Paul to talk about Vite, decentralized exchanges, and their connections to the greater world of finance. Crypto 101 is a leading resource for people new to crypto and their interview with Richard will be featured at their upcoming Digital Currency Summit, happening February 23–25.

The Blockchain Debate
COO Richard’s show ”The Blockchain Debate Podcast“ has published 23 episodes since it began in late-2019. Previous topics include the digital gold attribute of cryptos, practical use cases of smart contracts, the usability of enterprise blockchains, the sustainability of liquidity mining, and so on. This show is a way for the Vite team to build relationships with other thought leaders in the space.

Some topics being planned include the viability of the NFT market, centralized vs decentralized lending, and if Bitcoin is bad for America. We are looking for interested debaters for the topics above and we are always open to new topics from our community!

• All episodes are available here at blockdebate.buzzsprout.com
• You can also follow Richard and his podcast at @gentso09 and @blockdebate

Data on VITE and VX

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Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net

Telegram:
English: https://t.me/vite_en
Chinese: https://t.me/vite_zh
Russian: https://t.me/vite_russian
Korean: https://t.me/vite_korean
Japanese: https://t.me/vite_japanese
Vietnamese: https://t.me/vite_vietnamese
Thai: https://t.me/vite_thai
Arabic: https://t.me/vite_arabic
German: https://t.me/vite_german
French: https://t.me/vite_french
Turkish: https://t.me/vite_turkish
Indonesian: https://t.me/vite_indonesian
Spanish: https://t.me/vite_spanish
Portuguese: https://t.me/vite_portuguese
Malaysian: https://t.me/vite_malaysian
Filipino: https://t.me/vite_filipino
Bengali: https://t.me/vite_bengali
African: https://t.me/vite_africa

Discord: https://discordapp.com/invite/CsVY76q
Reddit: https://www.reddit.com/r/vitelabs/
Facebook: https://www.facebook.com/vitelabs/

Air France To Trial Blockchain ICC Covid-19 App

As governments look to re-open their economies, the idea of a global health passport that uses blockchain technology, is something that may provide a solution to privacy concerns surrounding health passports. Air France is one of the first air companies to begin a four week trial using the block-chain based ICC AOKpass that doesn’t require users to disclose personal medical information.

With Covid-19 travel bans in place by many nations, Air France is to begin a four week trial ICC AOKpass that will begin on the 11th March on a volunteer basis. This app will enable people to store their negative Covid-19 test on their phone, using secure blockchain technology to validate and verify the health passes.

One of the greatest concerns in the discussion of ‘health’ or ‘vaccine’ passports, is the broader privacy and ethical issues that health passports may broach. Fears surrounding a potential black market, too, are a cause for concern. With the potential for forged vaccinations, John Verdi of the Future of Privacy Forum notes:

“Any passport will have to be carefully designed to ensure it doesn’t have more data than necessary to administer the program”

The ICC Secretary General John W.H. Denton AO previously commented on these issues of privacy, noting that ICC’s AOKPass tackles these privacy and fraud issues with the app’s blockchain technology, which makes fraud impossible, and does not reveal personal information to anyone, be that border control, government officials, or third-parties.

“ICC AOKpass is a scalable solution from a trusted source, working not only to safeguard the user’s health but also the user’s privacy. Our easy-to-use health pass is adding to the mix of tools available to advance the safe reopening of borders and economies as part of a holistic approach to ending the pandemic.”

As governmental responses to the Covid-19 virus adapt and evolve, medical advancements may make a vaccine passport more in demand than a negative test result. One of the benefits of the ICC AOKpass is that it can adapt to replace screening tests with vaccine results in the future.

Emirates, Singapore Airlines, and British Airways, are a handful of airlines that are trialing blockchain-based health passports, as a way to prepare for airline travel once it is no longer restricted and to ensure they are able to navigate the global complexities of travel once this industry opens.

UK Tax Authority HMRC Is Eyeing Crypto Assets

According to a news letter from tax advisor Hillier Hopkins, HMRC (Her Majesty’s Revenue and Customs) is preparing to increase capital gains taxes in line with income tax rates.

Bitcoin, and cryptocurrencies in general have drawn in many investors over the years, but the recent bull market for cryptocurrencies has started to reach the eyes and ears of the average retail investor, who is eager to make some gains during these most difficult of economic times.

With the Bitcoin price surging to over $58,000 just recently, many eyes have been drawn to the wildly successful cryptocurrency. Among these eyes are those of government agencies who are keen to cash in on this success.

Such a boom in an asset class, when all others appear to be failing, is very likely to make it a target for raising extra taxes. The Principal of Hillier Hopkins remarked:

“HMRC sees cryptocurrencies not as a currency but as investment assets and as such are subject to capital gain tax. The huge increases in Bitcoin in recent weeks will see HMRC take a keen interest where investors choose to cash-in on that growth.”

The Principal goes on to talk about how cryptocurrencies are mistakenly seen as hidden transactions, but the fact that they are being carried out online, on various blockchains, means that they can almost certainly be tracked.

Coinbase is often a starting place for new cryptocurrency investors, and not many will know that the platform has been sharing all the UK investor transactions of more than £5000 with HMRC. Based on the information given by the US-based platform, HMRC has already started writing to investors with a view to recouping the tax on these larger transactions.

With the UK budget looming on the horizon (March 3), it is expected that capital gain taxes will be raised, so paying the taxes now at 20%, would be vastly more preferential than if they were raised to 40% at the higher income tax rate.

Based on this information, such good times might well be about to come to an end, and it would seem incumbent on investors to start seriously looking at their crypto asset gains before HMRC does it for them.

State Bank Of India Signs Up To JP Morgan's Liink Blockchain Solution

The State Bank of India (SBI) has partnered with banking giant JP Morgan to use the US bank’s blockchain technology Liink. India’s Economic Times reported this tie up, which is expected to reduce customer transaction cost and time.

The Economic Times has revealed that the State Bank of India has joined JP Morgan’s blockchain payment network, four months after JP Morgan announced a Liink upgrade. Liink is a payments messaging network that enables banks to quickly resolve queries that delay cross-border payments.V enkat Nageswar, deputy MD – international banking group, SBI remarked:

“We are excited to be the first bank in India to go live on the network and look forward to closer partnership with JP Morgan on implementation and exploring application as part of the network to better serve our clients,”

Liink provides commercial solutions for banks and corporate users which aims to transform how money moves. This technology uses Onyx’s blockchain platform, which is Institutional grade, and infinitely scalable. Currently Liink has 352 banks and participating corporations, with SBI as the first Indian bank to sign up to this network.

Previously known as the Interbank Information Network, Liink uses secure share ledgers that streamlines payment information flows, simplifying information exchange to make secure peer-to-peer data transfers.

SBI has integrated the network into its operations, along with many other banks across the world, in the hope to achieve improved information data and transaction flows around the world. Apart from making payments faster and cheaper, blockchain payment networks such as Liink enable users to make secure transactions, in a timely manner.

With many banks turning to blockchain-based clearance systems for cross-border transactions, blockchain technology companies and networks continue to expand and provide solutions for financial institutions, corporates, and fintech companies. In a recent update, Liink aims to allow banks to pre-validate an account before making payments, and to ensure that the payment method aligns with the specific country or currency regulations.

Infamous North Korean Hacker Group Accused Of $1.3B Crypto Robbery

The North Korean Lazarus Group, aka Hidden Cobra, has been charged by the US court for an attempted $1.3B crypto heist. The charges have been brought up against 3 members of the group - Jon Chang Hyo (31), Kim Il (27), and Park Jin Hyok (36).

These members are computer programmers and have allegedly worked alongside government officials on their operations.

What Is The Lazarus Group?
Lazarus Group or APT 38, or Hidden Cobra is a threat actor group from North Korea. The group has been active since at least 2009 and was reportedly responsible for the November 2014 destructive wiper attack against Sony Pictures Entertainment as part of a campaign named Operation Blockbuster. They have also conducted campaigns like Operation Flame, Operation 1Mission, Operation Troy, DarkSeoul, and Ten Days of Rain.

Details Of The Current Indictment
The current indictment includes:

• Their attacks on Sony Pictures.
• The creation of WannaCry Ransomware.
• Various other schemes to steal money and crypto from banks and businesses while operating in China and North Korea.

FBI Deputy Director Paul Abbate said:

“Today’s unsealed indictment expands upon the FBI’s 2018 charges for the unprecedented cyberattacks conducted by the North Korean regime.”

As per charges, the three programmers named have created and managed multiple malicious cryptocurrency applications to develop fraudulent blockchain platforms. Assistant Attorney General John C. Demers of the Justice Department’s National Security Division said:

“As laid out in today’s indictment, North Korea’s operatives, using keyboards rather than guns, stealing digital wallets of cryptocurrency instead of sacks of cash, are the world’s leading bank robbers.”

The three hackers - Jon, Kim, and Park - were charged with one count of conspiracy to commit computer fraud and abuse. They face a sentence of up to five years in prison and one count of conspiracy to commit wire and bank fraud, with a maximum sentence of 30 years in prison.

Mastercard And Island Pay Team Up To Give Bahamians Greater Access To CBDC Stable Tokens

Mastercard and Island Pay have launched a Bahamian prepaid card. The card will give Bahamians extra flexibility in how they shop and pay using the country’s CBDC.

Residents will now be able to load CBDC stable tokens onto a prepaid Mastercard and give people the option to convert the digital current to traditional Bahamian dollars instantly. One can use the card to pay for goods and services anywhere where Mastercard is accepted.

The Mastercard News Room made the following statement:

"The digital Sand Dollar is issued by the Central Bank of The Bahamas and carries the same value and consumer protections as a traditional Bahamian dollar. The digital currency can be used to facilitate government disbursements, offer additional payment choices and build a more inclusive economy. In The Bahamas, there are 700 small islands and more than 5000 square miles of water. Cash money movement becomes costly, which makes a central bank digital currency (CBDC) a preferred digital payment in the region. In the future, the Sand Dollar will be offered to tourists."

Opening Sand Dollar To The Masses
Initially piloted in 2019, the Sand Dollar became the first fully- deployed digital version of a country’s fiat currency in October 2020. The Sand Dollar used to be exclusively accessed by registered users through an app provided by Island Pay - a local payment service provider - at select merchants

John Rolle, Central Bank of The Bahamas Governor, said:

“We welcome this approach to combining digital currency use with access to foreign currency and other payment outlets. The Central Bank of The Bahamas will continue to encourage fintech developments that tie into the Sand Dollar infrastructure while allowing us to satisfy best global practices for regulation of the space.”

It is believed that the combination of Mastercard's tech and broad user base along with Island Pay’s technology platform will be robust enough to reduce the operational distribution costs associated with traditional cash

Richard Douglas, the co-founder of Island Pay, said:

“By working closely with the Central Bank of The Bahamas and Mastercard, we are able to issue a prepaid card unlike any other in the world. We are now able to bring immediate, critical benefits to our customers at a time when they are looking to find new, innovative ways to pay. The Bahamas is leading innovation in CBDCs, and we’re thrilled to be able to play an important role in helping to democratize access to currency, especially in areas that are currently underserved.”

Mastercard's Venture Into The Crypto Space
On Feb 10, Mastercard announced that it would begin supporting select cryptocurrencies on its payment network. Mastercard also has a virtual testing environment that enables the simulation of issuance, distribution, and exchange of CBDC Stable Tokens between various parties.

Plus, with 89 blockchain patents globally and an additional 285 blockchain applications pending worldwide, Mastercard has one of the world's largest blockchain patent portfolios.

Raj Dhamodharan, executive vice president of Digital Asset & Blockchain Products & Partnerships at Mastercard, noted:

“This partnership is an example of how the private and public sector can rethink what’s possible while delivering the strongest levels of consumer protection and regulatory compliance. We’re creating a lot more possibilities for governments, shoppers, and merchants, allowing them to transact in an entirely new form of payment.”