[ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets

[rubiprojects]

Blockchain Exchange and Wallet Lykke Raised $1 Million at ICO
With this money, Lykke will apply for broker and trading facility licenses in Europe, Asia and North America.
http://www.financemagnates.com/cryptocurrency/exchange/blockchain-exchange-and-wallet-lykke-raised-1-million-at-ico/

The licenses are very costing so much, it is my first time to know such knowledge, so I think this will be very promising if they get the licenses.

[1715375178]

1715375178

[san2ok]

i need help, i got fraud by twitter campaign https://twitter.com/OracleCoin
as amount of 10BTC
it is raising ICO but never give any news or update

after sometime, its revealing it self
and i trace it related to Lykke.com

the fraud is using this thread ORACLE PROJECT / ORACLE COIN
https://bitcointalk.org/index.php?topic=1570693.msg15926718

please someone help me, could anyone contact Lykke founder and team
kindly help

and further investigating, it is all linked to this=
https://twitter.com/OracleCoin/status/779695601311035393 and to twitter https://twitter.com/pearlcoin

and goes to another ICO PearlCoin thread https://bitcointalk.org/index.php?topic=1625592
the user id traderbit hero member https://bitcointalk.org/index.php?action=profile;u=314973
and MAYBE user ID tomcat https://bitcointalk.org/index.php?topic=1623354.msg16319895#msg16319895

this twitter also refealing him self again, and definitely using FILIPINO language
https://twitter.com/OracleCoin/status/778214952771346433
https://twitter.com/OracleCoin/status/778213365118218240

IF ITS NOT A SCAM than i will personally apologize, dan clear his name and erase all acussations, but i doubt so much, and im very desperate

PLEASE KINDLY HELP me investigate

[tempus]

i need help, i got fraud by twitter campaign https://twitter.com/OracleCoin
as amount of 10BTC
it is raising ICO but never give any news or update

after sometime, its revealing it self
and i trace it related to Lykke.com

the fraud is using this thread ORACLE PROJECT / ORACLE COIN
https://bitcointalk.org/index.php?topic=1570693.msg15926718

please someone help me, could anyone contact Lykke founder and team
kindly help

and further investigating, it is all linked to this=
https://twitter.com/OracleCoin/status/779695601311035393 and to twitter https://twitter.com/pearlcoin

and goes to another ICO PearlCoin thread https://bitcointalk.org/index.php?topic=1625592
the user id traderbit hero member https://bitcointalk.org/index.php?action=profile;u=314973
and user ID tomcat https://bitcointalk.org/index.php?topic=1623354.msg16319895#msg16319895

this twitter also refealing him self again, and definitely using FILIPINO language
https://twitter.com/OracleCoin/status/778214952771346433
https://twitter.com/OracleCoin/status/778213365118218240

IF ITS NOT A SCAM than i will personally apologize, dan clear his name and erase all acussations, but i doubt so much, and im very desperate

PLEASE KINDLY HELP me investigate

If I understand it correctly the Oracle-Twitter-Account made two tweets about Lykke like everybody could. I can't say much about the project they tried to get money for and if it's a scam or not, but I see no connection between them and Lykke. Or did they use the name Lykke for anything?

You invested in their ICO and now there is now sign that they'll deliver?

[san2ok]

If I understand it correctly the Oracle-Twitter-Account made two tweets about Lykke like everybody could. I can't say much about the project they tried to get money for and if it's a scam or not, but I see no connection between them and Lykke. Or did they use the name Lykke for anything?

You invested in their ICO and now there is now sign that they'll deliver?

yes never deliver anything, and no update here is the Oracle thread
https://bitcointalk.org/index.php?topic=1570693.msg15926718

[LykkeX]

Blockchain Exchange and Wallet Lykke Raised $1 Million at ICO
With this money, Lykke will apply for broker and trading facility licenses in Europe, Asia and North America.
http://www.financemagnates.com/cryptocurrency/exchange/blockchain-exchange-and-wallet-lykke-raised-1-million-at-ico/

really is that what the money was for? cant be just that

No, the licensing cost are estimated to be circa 30% of this funding round. The following table is taken from https://lykke.com/Lykke_Outlook.pdf

[LykkeX]

after sometime, its revealing it self
and i trace it related to Lykke.com

There are no such relations.

[tempus]

If I understand it correctly the Oracle-Twitter-Account made two tweets about Lykke like everybody could. I can't say much about the project they tried to get money for and if it's a scam or not, but I see no connection between them and Lykke. Or did they use the name Lykke for anything?

You invested in their ICO and now there is now sign that they'll deliver?

yes never deliver anything, and no update here is the Oracle thread
https://bitcointalk.org/index.php?topic=1570693.msg15926718

Yes, I've just looked into it. There is no relation between that "project" and Lykke and I doubt that somebody from Lykke could help you with it.

But yes, it really looks like a typical and simple Scam. Just screenshots, no other sources, claims about who the Dev is without any further information or even validation etc. All what is important is missing. He didn't even put much work in hiding all the red-flags.
 

[tempus]

Lykke will be at the Swiss Payment Forum:


10.40 a.m.
Blockchain and Decentralized Solutions in Payments: Hype or Reality?
A Field Report
- Market overview and assessment of decentralized systems
- Potential blockchain: new value chains and markets
- Challenges to blockchain and decentralized solutions
- Case example Ripple Labs
Dennis Flad, Managing Director, Arevos

Lykke Exchange: The Global Platform on Top of Blockchains to Trade Financial Assets and Issue Shares
- The Problem of Modern World of Finance: Too Many Obstacles in the Way
- Lykke Exchange: How the Architecture and Business Model Works
- How to Make a Marketplace truly Global, Accessible and Secure
Sergey Ivliev, COO, Lykke Corp


http://www.swisspaymentforum.ch/en/agenda

[tempus]

Live in about 19 hours and 20 minutes:


Coin Interview with Sergey Ivliev COO of Lykke
https://www.youtube.com/watch?v=T_vj1jjH-m0

[LykkeX]

6 hours from now. please check it out:

Coin Interview with Sergey Ivliev COO of Lykke
https://www.youtube.com/watch?v=T_vj1jjH-m0

[LykkeX]

Recording of the interview:

https://www.youtube.com/watch?v=T_vj1jjH-m0

[Bannedseller]

Recording of the interview:

https://www.youtube.com/watch?v=T_vj1jjH-m0

Good interview. I watched yesterday. Good luck

[tempus]

New Blog-Post:

Lykke Team Meets in Montenegro
https://lykke.com/city/blog/2016-10-20/lykke_team_meets_in_montenegro


What's very interesting: The article involves a lot of additional statistics and informations (links)!

[tempus]

Very interesting read:

The Distributed Ledger Technology Applied to Securities Markets

The European Securities and Markets Authority (ESMA) has issued a Discussion Paper for public consultation on distributed ledger technology (DLT). These are Lykke answers to the questions they raise.

https://lykke.com/city/blog/2016-10-25/the_distributed_ledger_technology_applied_to_securities_markets

[LykkeX]

Orderbook is now visible in the iPhone app

As always, anyone is invited to follow the progress with the source code here https://github.com/LykkeCity

[LykkeX]

A few words on security:

Currently the Lykke app will let you create a wallet without explaining that Lykke doesn't actually control the wallet but stores an encrypted blob. People will naturally assume that there is a password recovery feature should they forget their password (which they always do). This is going to create a lot of trouble as people end up being locked out of their wallet upon losing/changing phone or inadvertently logging out of their wallet without making sure they know the password. It is critical that the wallet app explain unambiguously that the wallet itself will become unusable should people forget their password and that Lykke won't be able to recover it. The wallet app should also require people to backup their private key on paper (and put it in a safe place without showing it to anyone) so that they always have a last resort mean to recover their wallet should they lose their smartphone and forget their password and/or pin. Please Lykke make sure your app is fool proof. It will look bad to regulatory authorities if shareholders come complaining that they are not being able to exercise their rights as shareholders due to technical reasons like losing access to one's crypto wallet.

Another issue I see is that although the app allows you to backup your private key as a brain wallet, it doesn't currently offer a way to restore the wallet using said private key. At least I haven't seen anything like that after removing the app and trying to recover from the private key.

Last but not least Lykke needs a desktop wallet and this wallet should be open source and compile under Linux, Mac and Windows. Smartphone security is shaky at best, and nobody in their right mind is going to trust their smartphone with 5-digit figures, like what some people are probably investing in this ICO. I for one feel really uneasy about that. I have never trusted my smartphone with more funds than I usually have in cash in my physical wallet (so a few hundred dollars at most), and refuse to use Paypal or credit card from it for fear of this information being compromised. It feels really awkward to suddenly have to trust this poorly secured device with a large sum and hope it's going to be alright.

One more thing: I understand that LKK and other Lykke exchange based assets are really OpenAssets colored coins. Does that mean that they can be sent to any Bitcoin address and controlled using another OpenAssets client unrelated to Lykke? If that's the case it could be a solution to ship a desktop wallet quicker as developments could be based on some existing OpenAssets implementation.

Thanks again for this considerate post. During heat of the ICO didn't have so much time to respond to everything in detail. Actually, it is a dedicated strategy to leverage security properties of mobile, and the iPhone in particular with fingerprint. Could you expand why you see phone security as so low?  For an attacker it should be much more difficult to break iPhone security, than typical less secured desktop. Perhaps also a question about decentralisation, because Apple has some control over the app store etc.

[vlom]

Orderbook is now visible in the iPhone app

As always, anyone is invited to follow the progress with the source code here https://github.com/LykkeCity

thats really nice. will check this out now. thanks you.

edit: but it is still not possible to place orders a the specific price. thats sad.

[Cryptops]

Hello,

I have a problem, After an upgrade of the Android app the app asked for a password of "credential storage" (In spanish version of app Contraseña de almacenamiento de credenciales), I tried to introduce all the passwords that I wrote down on paper when creating my account and none is accepted.

What I can do?

Best regards and thanks for your attention.

[tempus]

Hello,

I have a problem, After an upgrade of the Android app the app asked for a password of "credential storage" (In spanish version of app Contraseña de almacenamiento de credenciales), I tried to introduce all the passwords that I wrote down on paper when creating my account and none is accepted.

What I can do?

Best regards and thanks for your attention.

I've copied your question in the Slack and I or LykkeX will post answer as soon as we have it!

A very direct way to get in touch with the team is also the telegram-channel: https://telegram.me/joinchat/AEGiqkF-_dNaHMwQbRSnAg

[tempus]

Very interesting video:


Richard Olsen about Lykke idea and objectives

In October the Lykke team - 22 people from 7 countries - met in Montenegro to sum up the results, get updates on the company strategy, coordinate planning efforts, and enjoy the company of colleagues. We were filming the meetings for internal use, but later decided to share a few things with the community as it might be of interest.

In this video Richard Olsen, Lykke founder and CEO is speaking about the idea of Lykke and the company objectives.
https://www.youtube.com/watch?v=leXWIhS4Y3k