Is anyone following this story and worried? Apparently the PlusToken crypto scheme moved $240 million in a total of four transactions. CipherTrace revealed that the platform involved Chinese nationals, the Chinese police and the company's cofounders.

If confirmed, this would be the largest crypto exit scam totaling a loss of $2.9 billion.


https://www.fxstreet.com/cryptocurrencies/news/plustoken-allegedly-moved-large-amounts-of-btc-in-four-transactions-totaling-22-923-btc-201908192159

I agree. NULS is doing a pretty good job at this.

Why isn't NULS on the list?

It has to do with ciphertrace's crypto tracing technology

The two have different values and weight I would imagine. Like a coin versus a token, I believe

I think it is so valuable because it was first and enough people jumped on the BTC bandwagon to protect the chain. People also got very invested in mining and seeing how much money they could make by doing so where as now chains are moving to staking system

that's a great question and very likely. I know ciphertrace's technology is good enough to trace digital assets even if they did run through a mixer so idk if governments will use that to their advantage

Have you checked out Ciphertraces' report as well detailing crypto crime? They release a new report every quarter https://ciphertrace.com/articles/q1-2019-cryptocurrency-anti-money-laundering-report/

Lots of partnership announcements for NULS this week!

What are your thoughts on Bitcoin that holds a shady past? BTC that has a dark transaction history attached to it often has gone through global money laundering exercises or terrorism-related activities. Even after a token has been exchanged a number of times the trail can still be traced thus putting the the owner at risk.

Will these 'Virgin bitcoin' be worth more? Can you wipe a BTC clean? I have so many questions. 

https://cointelegraph.com/news/virgin-bitcoin-most-in-demand-crypto-that-is-regulated-differently

How is everyone feeling about the NULS recent upgrade from 1.0 to 2.0? https://medium.com/@nuls/announcement-upgrading-the-nuls-mainnet-from-1-0-to-2-0-de57fbe8dc61

They just successfully upgraded the testnet and are now wokring on their mainnet

I agree, there are some use cases better than others for those that should apply blockchain. NULS recently shared two use cases on their blog the Enterprise Digital Alliance and NAER who are creating payment certificates. Both being built with their Chainbox application https://medium.com/@nuls/partner-news-b1402df325c4

I believe MIT offers free course online as well and Berkley. I saw them online but can't find the link again

How is everyone feeling about the NULS recent upgrade from 1.0 to 2.0? https://medium.com/@nuls/announcement-upgrading-the-nuls-mainnet-from-1-0-to-2-0-de57fbe8dc61

They just successfully upgraded the testnet and are now wokring on their mainnet

That is a good point. Would it make sense that these machine learning capabilities only be available to public blockchains say like Bitcoin or Ethereum versus private ones? I would be interested in understanding how they separate innocent people versus those that are using mixers to get more privacy. My guess is movements in and out of exchanges and movements of money across countries quickly.

Time and participation, keep sharing your knowledge and communicate daily

NULS. Their recent upgrade from 1.0 to 2.0 is having me quite bullish

Crypto OG David Chaum says it best at a recent conference in Zurich

"People are either in control of the computers they interact with every day in a democratic manner, or computers are manipulated by a small fraction of the population against the rest of us. Lately, we have increasingly seen the 2nd of these two scenarios take hold, but it doesn’t have to be that way."

Thoughts?


https://elixxir.io/blog/point-of-departure

man I just had this conversation with friends the other day. at least there are crypto OGs like David Chaum who have been saying it all along and still in it for the fight

NULS recently released their ChainBox which is their chain-building solution for developers of all kind, not just blockchain native. Developers can choose between two objectives:

1. Build module that can realize specific application scenario
2. Design and implement a blockchain ecosystem extension module

The prize is pretty massive $500,000 in Nuls prizes.

Pretty cool for any developer to give their hand at it: https://nuls.io/hackathon/