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BitConnect is shutting down its lending and exchange platform

BitConnect is shutting down its lending and exchange platform Following months of red flags, Bitcoin investment platform BitConnect – which has long been suspected of running a Ponzi scheme – has officially announced its platform is shutting down In a blog post – titled “Changes coming for the Bitconnect [sic] system – Halt of lending and exchange platform” – released on its official website, the company said that is “closing the Bitconnect [sic] lending and exchange platform

” The website has since gone down The statement goes on to suggest that BitConnect will now operate solely “for wallet service, news and educational purposes “We are closing the lending operation immediately with the release of all outstanding loans,” the statement read “With release of your entire active loan in the lending wallet we are transferring all your lending wallet balance to your BitConnect wallet balance at 36362 USD [sic]

” This rate has been calculated based on last 15 days averages of the closing price registered on coinmarketcapcom,” it continued “You are free to withdraw your BitConnect coin currently in QT wallets that was used for staking as well We are also closing BCC exchange platform in [five] days

” “In short, we are closing lending service and exchange service while BitConnect co website will operate for wallet service, news and educational purposes,” it ended Those interested to see the full statement can refer to a screenshot captured by independent Twitter sleuth @BCCPonzi, who has been documenting the investment platform’s shady business for months According to the statement, the company will “continue offering other cryptocurrency services in the future

” The equally questionnable BitConnect X ICO – which was explicitly named in a cease and desist letter served by the Texas Securities Board – will remain “functional BitConnect claims that its BCC coin will still be “listed on outside exchanges” and “merchant websites” Meanwhile, it has taken a massive dip to $144, as per CoinMarketCap By comparison, its value fluctuated around the $425 mark less than 10 days ago Above its legal trouble and inability to protect itself from continuous DDoS attacks, the company blamed the closing of its lending and exchange services on “bad press

” That is despite the fact that most of this bad press circulated around the severity of their legal troubles Prior to this development, the shady Bitcoin investment scheme was mired in a litany of legal troubles, including cease and desist orders from the UK in November, as well as two more from from the US this month – one from the Texas Securities Board and one from the North Carolina Securities Division Leading up to the announcement, BitConnect promoters suddenly began distancing themselves from the project Coincidentally, the website was struggling with a series of server downtime – all of which began shortly after the cease and desist orders rolled in Update: The price of BCC has plummeted even further, currently standing at a bit over $43

Source: Youtube

OS University – EdTech Blockchain Platform Explainer

Introducing the Open Source University – a unique global platform built on the Ethereum blockchain to bridge the gaps in an educational market, worth trillions of dollars Universities and online platforms generate thousands of new courses every day

Graduates often struggle orienting and verifying the right opportunities while companies spend huge amounts of time and money on recruiting and corporate learning and development How to organize and optimize all of these challenges? Welcome to OS university – the future of learning and career development The platform connects three key players: Academia – universities and other learning content providers, Businesses – looking for new hirings or raising current employees' qualification, and Learners – the people seeking continuous education and career development Blockchain is used to securely store certificates, diplomas, skills and other achievements B2L smart contracts handle the recruitment processes such as candidate sourcing, hiring interviews and bonuses L2A smart contracts handle collective research programs, contributions and rewards distribution

B2A smart contracts empower the Learning & Development marketplace where businesses can pay for custom training courses or group existing courses into programs for internal education and internships Meta data about educational content is aggregated through smart contracts into the OS University distributed platform All payments inside the platform are made through crypto currencies, yet there is a unique one the – EDU token Everyone who uses it will benefit from 0% platform fees, while transactions with other crypto currencies will be charged with commissions for using the platform Part of that commission is converted to EDU tokens and burned immediately

As a result, the value of the EDU tokens grows The more transactions go through the system – the higher the token price EDU tokens are limited to 48 million and are sold through a crowdsale campaign The funds that are raised will accelerate the platform's development Join the crowd sale and be part of the world's biggest educational marketplace where education and career development have no boundaries

Now on BLOCKCHAIN! First test version of BMCHAIN platform released

Good evening my name is Andrey Mokeyev, I am the leading developer of the "Analitica Insight" company Today we will present the beta version of the BMCHAIN platform

It works on blockchain already We took the Steemit fork as our basis and added our functions and mechanics to it Also we completely rewrote the client app of steemit so it is the BMCHAIN client now We made it on Angular 40

Now I`ll show you how it all works starting from the registration process and up to posting, giving a Like and charging bonuses So this is how the platform looks like Let`s click on Register button, and here we have an option to register using the social networks, and using the email Now we register using Vkontakte If the account get confirmed for the registration, you will be asked to write your new login wich will be saved in blockchain and your private key will be shown here

It is necessary to save this key, since afterwards you could transfer your money only by using this key It is saving nowhere just displaying in client app in your browser Enter our private key once again and click on End of Registration button Now we`ve become the Registered user We have no post and 2 basic points of Reputation and no tokens

Let`s try to post something! We'll take some existing post We can also add pictures to our posts Here our post is and it is already published in blockchain You can watch it Can give a Like to it

Can write a comment All of this are being saved in blockchain Some time later you will be able to check your bonuses for this post This post that I`ve just wrote is already have two Likes Here is written that it had earned two Rubles for two comments

And in the post list we have the last three comments displayed The last three comments of the upper level In this case only first comment is displaying This is how the beta version of the platform works You can find a link to this platform on our official website – bmchain

io and use it to register and try the platform by yourself All the tokens on this platform are for testing while the beta version is going on But there are some bounty programms for those who help us in testing most actively and make our platform become better Thanks for watching!

What is BitDegree Blockchain Learning Platform?

BitDegree revolutionising education via blockchain education it is a pathway to your career and your desired income but there are many things that are just not right courses of study are not focused enough your head gets crammed with lots of unnecessary information study materials are not up to date a gap between the needs of employers and student knowledge already exists and is widening and of course studies cost a fortune our mission is to change that so we gathered a team of software engineers blockchain geeks and startup advisers and embraced the challenge to revolutionize education via blockchain fifth-degree is the world's first blockchain powered online education platform offering tokens for scholarship and promoting tech talent acquisition how does that work choose from thousands of the best IT courses online earn bit degree tokens as a scholarship and reward get connected with world-changing companies that solves most of the problems learn only the things you need for the most lucrative sphere of IT all your progress will be visible for your future employers they may be keeping a warm nest just for you we can't stress this enough not only is all of it entirely free but also you will get paid for your progress with our bit degree token how is that even possible through your future employers they are the ones who will gladly finance the courses searching for the right person to fill a position is a very tedious job with us you get to develop the exact skills of companies looking for at the time it's a unique tool for businesses to recruit tech talent and shape global education to their needs we are establishing bit degree on a solid existing user base of 29 million at zero zero zero web host and hosting ur a worldwide community that is loyal web passionate and open to innovative learning we connect employers searching for educated talent with those who are passionate to learn and to spice things up we power the effort with a blockchain based reward system just like the knowledge you gather here bit degree tokens may enhance your fortune in the future learning has never been so open approachable and job oriented learn earn grow start a course on bit degree now you