Bitcoin Forum

🖍 We are grateful to Ivan On Tech for the interview!

Watch the video and learn more about PARSIQ. We discussed the most important points of our project:
- What is PARSIQ?
- How is it different from Etherscan or Google Big Query?
- Who is using PARSIQ services and for what purposes?

📍 https://www.youtube.com/watch?v=T6mYmePTEDM&feature=youtu.be
https://i.imgur.com/OWryd1L.jpg (https://www.youtube.com/watch?v=T6mYmePTEDM&feature=youtu.be)

🚀 PARSIQ Beta Is Live!

PARSIQ Monitoring is ready for you to explore. Our public beta is ready and live:

🥂 https://beta.parsiq.io

PARSIQ is the first blockchain monitoring platform that allows users to set up “smart triggers” to react to events on the blockchain using its advanced blockchain stream manipulation language, ParsiQL. It is already being piloted by a stable coin to secure token reserves, and a cryptocurrency exchange for compliance, and it is available now, free to use on the Ethereum mainnet.

Ethereum extended blockchain boundaries by introducing smart contracts, with virtual and unlimited potential applications. Which of these applications are actually used and generate value? We analyzed smart contract calls’ statistics using indexed dataset, and found out which applications are most popular and valuable, and what are the current trends in development.

👉 Visit our blog: https://blog.parsiq.io/2019/08/13/perfect-applications-of-the-blockchain-technology/

How balances are distributed across addresses for different cryptocurrencies? There are known statistical metrics (Gini, Theil, Nakamoto), used to quantify and compare cryptocurrencies.

💡 Read all the details in our blog article: https://blog.parsiq.io/2019/08/02/distribution-of-wealth-in-cryptocurrencies/

IEO is live now:
https://www.parsiq.io/ieo

Cointelegraph: Startup Plans to Change Blockchain Analysis With Its New Platform
https://cointelegraph.com/news/startup-plans-to-change-blockchain-analysis-with-its-new-platform

❗️ ❗️❗️ DON'T MISS AMA WITH THE PARSIQ TEAM

CryptoRank will hold an AMA with our best team on September 18 at 1 PM UTC on the CryptoRank Telegram Chat https://t.me/CryptoRankEn and Twitter https://twitter.com/CryptoRank_io/status/1306283706005495809

We would love to answer ALL your questions. See you tomorrow 😉

🔥PARSIQ ($PRQ) will soon be available on EXMO 🔥
 

https://info.exmo.com/en/currencies/parsiq-prq-will-soon-be-available-on-exmo/

💡 READ OUR BLOG

The main difference between DeFi and traditional financial services is that in decentralized financial services, the user acts as a self-custodian and completely controls their assets. This is where one of the problems of DeFi comes in: trust. How can a user prove that the funds sent by the depositors are kept safe in their designated wallet?
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👉🏼 You can find the answer to this and other important questions on blog.pasroq.net 👈🏼
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Enjoy reading: https://blog.parsiq.net/how-automated-blockchain-monitoring-can-help-solve-defis-problem/ 😉

👏🏼 FireworksFlashr is here! Monitor whale activity, foundation/team owned wallets and get deeper insights for your favourite crypto projects.

👉🏼 https://blog.parsiq.net/introducing-flashr-parsiqs-newest-sub-product/

💼 Many businesses find it complicated to use in-depth forensic analytics in their blockchain-based transactions and financial systems. What businesses need are tools that simplify and automate their ability to monitor and keep track of their transactions.
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💳 For 95% of businesses, the most important thing to determine is whether the funds being processed come from legitimate sources. That’s where PARSIQ can benefit your business with a cost-effective solution that simplifies transaction monitoring.

📍 Learn more: https://blog.parsiq.net/how-compliance-tools-can-help-your-business-meet-the-requirements-of-aml-regulations/

PARSIQ and Cryptonics – A Strategic Partnership to Advance Blockchain Security

👉🏼 https://blog.parsiq.net/parsiq-and-cryptonics-a-strategic-partnership-to-advance-blockchain-security/

📲 Blockchain transactions have become an integral and important part of many businesses today. Whether it involves receiving funds for client payments, sending payments to vendors, or execution of smart contracts, you need to be on top of your transactions with smart notifications and real-time alerts.
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🕶 PARSIQ automates the monitoring of blockchain transactions simply by tracking the wallet addresses that need to be watched. Any movement that involves the wallet address will be tracked, thus providing instant notifications for any incoming or outgoing transactions. This can be done through your preferred channels, such as Telegram, SMS, or any app that requires such notifications. Webhooks are also supported for wider integration with existing apps.

📍 https://blog.parsiq.net/how-your-business-can-automatically-track-crypto-transactions/

PARSIQ to bring exclusive rewards to the Dash community for creating Smart-Triggers

👉🏼 https://blog.parsiq.net/parsiq-to-bring-exclusive-rewards-to-the-dash-community-for-creating-smart-triggers/

💡 READ OUR BLOG TO LEAN NEW INFO

https://blog.parsiq.net/parsiq-wallet-monitoring-and-automation-service-goes-live-on-bc-vault-hardware-wallets/

Let us show you how to use FLASHR
 
1. Choose a project that you are interested in or the one you would like to monitor.

2.There will be a lot of projects at launch to choose from, such as #LINK, #RSR, #SRM, #LEND, #PRQ, and more, with others added in time.

3. Once you’ve chosen a particular project or token, you are taken to a page where you will see the general information about the project (ticker, circulating supply, etc.) and a dashboard of the last blockchain transactions for that particular token or project.

4. Subscribe to one or both events, which will be:
👁 Monitor all whale transfers of this particular token in real-time; or
👁 Monitor transactions for team and foundation wallets belonging to this particular project.

Try FLASHR, a public and 100% free-to-use monitoring system: https://portal.parsiq.net/flashr

PARSIQ integrates with Bitsgap to set a new standard for automated trade order executions based on real-time on-chain data

👉🏼 https://blog.parsiq.net/parsiq-integrates-with-bitsgap-to-set-a-new-standard-for-automated-trade-order-executions-based-on-real-time-on-chain-data/

Following Kucoin security breach on September 26, over 150m USD worth of assets were stolen and over 150 different ERC20 token projects were affected.

PARSIQ applied its technology to create a snapshot of all total balances before the hack incident for one of the projects - NOIA Network - which helped them reissue NOIA tokens via a new smart contract. Read more in the following announcement: https://medium.com/noia/kucoin-exchange-hack-update-fe8f49ca6393

PARSIQ will be providing snapshots for ERC20 token projects affected, which can simplify the process of hard forking their smart contracts, if they choose to do so: https://parsiq.net/snapshots

Cooperation Announcement with Mugglepay

https://blog.parsiq.net/cooperation-announcement-with-mugglepay/

🤔 Why embrace automation with blockchain?

https://blog.parsiq.net/why-embrace-automation-with-blockchain/

$PRQ getting some love alongside $BAND and $LINK

Oracles Will Play a Big Part in the Real-World Success of Smart Contracts and Decentralized Finance: https://techsauce.co/en/tech-and-biz/oracles-smart-contracts-decentralized-finance

👍🏽 5 Reasons to Start Accepting Cryptocurrency as Payment for Your Ecommerce Business

https://blog.parsiq.net/5-reasons-to-start-accepting-cryptocurrency-as-payment-for-your-ecommerce-business/

💪🏼 Let PARSIQ be your seamless entry bridge between blockchains and the real world

Crypto-Accepting Merchants

For Ecommerce companies, Retail and Wholesale merchants who accept crypto, PARSIQ automates crypto accounting, reporting, analytics, and notifications so that your business can focus on what matters--building value for your customers and industry.

☝🏼Gather analytics from customers’ crypto transactions

☝🏼Automate accounting for blockchain transactions

PARSIQ helped projects like Noia Network and carVertical with hard-forking their token contracts. Projects affected by the KUCOIN Coin hack can reach out to us so that we can help them perform their hard-forks using our snapshots.

https://parsiq.net/snapshots

PARSIQ Q&A #3

Every Friday PARSIQ team answers your most important questions. Join our Telegram chat to ask!
https://medium.com/parsiq/parsiq-q-a-3-6739a5a99198?source=social.tw&_branch_match_id=771335905648833984

🔥 How to simplify and automate your crypto accounting
https://blog.parsiq.net/how-to-simplify-and-automate-your-crypto-accounting/

🔥 Ivan on Tech: People don't understand how powerful PARSIQ is!! Ivan Explains...

https://www.youtube.com/watch?v=gbrwc_jHAow&ab_channel=IvanonTechClips

PARSIQ: Measures to Mitigate CoinMetro Hack and Secure Uniswap Liquidity Providers Funds

Key Takeaways:

- PARSIQ tech was instrumental in preventing the hack of the majority of assets held on Coinmetro hot wallets

- PARSIQ applied the same tech as we did with the projects that were affected by the Kucoin hack and are migrating to a new token smart contract to make the funds of the hacker obsolete and not allow him to affect the market, every holder will receive the new swapped tokens 1:1 with the balances of the old token

- This ties in well with our smart contract upgrades that we were planning (which we now expedited because of this incident) as well the new tokenomics which will be unveiled this month.

DON'T BUY OR SELL CURRENT PRQ TOKEN as of NOW. On the moment you read this announcement the hard fork has already been performed, and your current old PRQ balances are meaningless. After that, all the balances will be restored via new token contract.

PLEASE BE PREPARED FOR THE (FALSE) FLASH CRASH ON UNISWAP.
Please be patient. This flash sale will be made in the very next moment after the hard-fork to save the remaining ETH in the liquidity pool. The saved ETH will be restored to their rightful owners on the new Uniswap contract.

Please read the official announcement here:
https://blog.parsiq.net/parsiq-takes-measures-to-mitigate-coinmetro-hack-and-secure-uniswap-liquidity-providers-funds/

On October 6th, 2020 at approximately 5:30 a.m. Coinmetro team was alerted to suspicious activity on some of the exchange’s hot wallets via alerts and triggers in place with PARSIQ technology.

Please read the latest article about the situation on Coinspeaker:

https://www.coinspeaker.com/parsiq-crypto-hack-victims-recover/amp/

Popular cryptocurrency exchange CoinMetro suffered a security breach in the early hours of yesterday, with small amounts of cryptocurrencies, including PRQ tokens, stolen (https://t.me/coinmetroupdates/601) from the exchange.

The hackers would have made away with more funds if not for PARSIQ technology that alerted CoinMetro of the ongoing hack, prompting the exchange to act swiftly to mitigate the potential loss.

📌 Please make sure to read the details:
https://coinfomania.com/coinmetro-suffers-security-breach/

Quick reminder

DON'T BUY OR SELL CURRENT PRQ TOKEN as of NOW. On the moment you read this announcement the hard fork has already been performed, and your current old PRQ balances are meaningless. All the balances will be restored via new token contract within a day.

PLEASE BE PATIENT.
We understand the conserns you may have, but the team is doing their best to mitigate the hack ASAP.

READ THE ANNOUNCEMENT CAREFULLY.
https://blog.parsiq.net/parsiq-takes-measures-to-mitigate-coinmetro-hack-and-secure-uniswap-liquidity-providers-funds/

The stolen funds in yesterday’s hack included PRQ tokens (https://etherscan.io/token/0xfe2786d7d1ccab8b015f6ef7392f67d778f8d8d7?a=0x990924d51c6ea6e212cce6e811b380ffd44ac350). The PARSIQ platform has used a blockchain snapshot in order to hard fork their token contact. The stolen funds will be restored to the token holders before the hack.

📌 Read the full article on The Crypto Time:
https://thecryptotime.com/the-coinmetro-hack-and-the-use-of-parsiq-technology-to-minimize-the-impact-and-recover-the-stolen-funds/

The quick actions of both PARSIQ and CoinMetro prevented a bigger attack, as the hacker tried to withdraw large amounts of various cryptocurrencies.

However, PARSIQ’s real-time monitoring technology spotted the anomalies in withdrawals and alerted the CoinMetro core management, who locked down the system, preventing a large-scale theft of funds.

👏🏻 Thanks to the Cryptobrowser team for an in-depth review:

https://cryptobrowser.io/news/parsiq-helps-coinmetro-exchange-prevent-a-bigger-hack/

WHAT ABOUT UNI-LP PROVIDERS. WE WERE AND ARE 100% LEGIT AND IN THE PROCESS WE LOST OUT ETH ALSO.

Liquidity Pool for New PRQ Token Created

To mitigate CoinMetro hack, PARSIQ has migrated to the new token. Please see the details in this FAQ blog post (https://blog.parsiq.net/coinmetro-hack-mitigation-prq-token-migration-faq/).

A group of our private sale participants were asked to provide liquidity to the new PRQ Uniswap pool. So, you are welcome to trade new PRQ tokens on Uniswap.

The current official PRQ is the new PRQ token. Its contract address is 0x362bc847A3a9637d3af6624EeC853618a43ed7D2.

The current Uniswap pool is this one:
https://app.uniswap.org/#/swap?inputCurrency=eth&outputCurrency=0x362bc847a3a9637d3af6624eec853618a43ed7d2

You can also see it at DexTools pool observer: https://www.dextools.io/app/uniswap/pair-explorer/0x64cac8fa24f437ceca90e20a7a24a609f162b0d1

Please, don’t buy old PRQ at the old pool! These tokens are not supported by PARSIQ any more.

Blog post: https://blog.parsiq.net/liquidity-pool-for-new-prq-token-created/

PARSIQ Restored Uniswap PRQ Liquidity Providers Funds

As you can know from our previous posts, CoinMetro exchange was hacked, some tokens were stolen, including some PRQ tokens. To secure our token holders’ funds, we asked CEXes to freeze deposits and withdrawals. Also, we announced migration from our old PRQ smart contract to a new PRQ contract to prevent the hacker from dumping his tokens.

To distribute the new token to the old token holders, we took a snapshot on the block 11008759, timestamp Oct-07-2020 01:05:28 PM +UTC. The new token has been distributed automatically according to the old token balances at the time of the snapshot. Besides, we took measures to secure our Uniswap liquidity providers funds.

We have just fulfilled this plan almost successfully. Please, see the transaction: https://etherscan.io/tx/0xd970066d5e6068cdcc6812f2666620385c0e5b6c81f5cbdceb6e2f7260aac833

See the details in the blog post: https://blog.parsiq.net/parsiq-restored-uniswap-prq-liquidity-providers-funds/

CoinMetro Hack Mitigation, PRQ Token Migration: FAQ

We get tons of questions after CoinMetro was hacked and we took measures to mitigate the consequences. We tried to collect the most frequent and important ones and answer them in this post:

https://blog.parsiq.net/coinmetro-hack-mitigation-prq-token-migration-faq/

Besides, we have successfullty migrated to the new token. The new PRQ token contract address is 0x362bc847A3a9637d3af6624EeC853618a43ed7D2.
Also, see it on Etherscan (https://etherscan.io/address/0x362bc847a3a9637d3af6624eec853618a43ed7d2).

Feel free to ask questions that concern you most and look for answers every Friday on our medium.com/parsiq blog 😉

Privacy and traceability are two opposite sides in the cryptocurrency world and from what we can see – different markets require differently tuned setups between these two factors. The cryptomarket is growing and, hence, the demand for businesses to be able to prevent itself from dealing with illicit actors. This is where solutions like PARSIQ step into the game.
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👉🏼 Visit https://blog.parsiq.net/ to learn more

A lot of things happened after the CoinMetro hack. The situation was unclear not only for users or external viewers but even for us ourselves. So, let us describe the sequence of events in this post so you would be able to see the whole picture.

Also, we describe our next steps for every group of users affected by the incident.

Everyone who lost funds in the Poloniex incident and were not refunded by Poloniex, please read the blog post and follow the guidelines, should you choose to accept: https://blog.parsiq.net/coinmetro-hack-poloniex-and-next-steps/

Privacy and traceability are two opposite sides in the cryptocurrency world and from what we can see – different markets require differently tuned setups between these two factors. The cryptomarket is growing and, hence, the demand for businesses to be able to prevent itself from dealing with illicit actors. This is where solutions like PARSIQ step into the game.
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👉🏼 Visit https://blog.parsiq.net/how-parsiq-helps-protect-whalesheavens-transactions/ (https://blog.parsiq.net/how-parsiq-helps-protect-whalesheavens-transactions/) to learn more

A lot of things happened after the CoinMetro hack. The situation was unclear not only for users or external viewers but even for us ourselves. So, let us describe the sequence of events in this post so you would be able to see the whole picture.

Also, we describe our next steps for every group of users affected by the incident.

Everyone who lost funds in the Poloniex incident and were not refunded by Poloniex, please read the blog post and follow the guidelines, should you choose to accept: https://blog.parsiq.net/coinmetro-hack-poloniex-and-next-steps/

💼 Even though the world is faced with an unprecedented global pandemic that causes havoc in every major economy, investors have made quite a lot of money in recent months from both traditional and crypto markets. When it comes to the latter, this is just the start for investors who are keen to seek opportunities in this market.
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The incoming bull market for crypto will completely look different than the previous one. This is mostly because two different bull markets simultaneously play out over the next 12-18 months. The usual crypto suspect, Bitcoin, will lead one of the bull markets. The other one will involve capital rotation from new projects and protocols where the underlying products are being used and increasing in value.
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👉 Want to learn more? Find the continuation on https://bit.ly/345vMDS

We are thrilled to announce PARSIQ's integration with Solana.

Users and projects building on Solana can now easily consume Solana events and build automations on the PARSIQ Platform.

Read more: https://blog.parsiq.net/parsiqs-real-time-monitoring-now-on-solana/

https://pbs.twimg.com/media/EvKlt-zXAAQqW4R?format=jpg&name=large