BNB not supported. Bags are getting heavy CZ, please save...

The announcement only covers what coins can be deposited on Binance.US. There is still no word as to other coins/tokens that can be traded on there, though it's a safe assumption that if you can deposit a coin, you can trade it on there...

US users were supposed to lose access to Binance.com today. Is this the case? If you are a US user please leave feedback in our public chat as to yay or nay!

https://medium.com/binance-us/prepare-for-launch-binance-us-user-registration-opens-next-wednesday-a16e9cd5a103

This was the last public list of coins published by Binance as being considered for list on Binance.US.

We'll find out who has made the cut in the coming week...

CZ has gone from pumping BNB on the regular to desperately trying to keep it above $20...

Sonm Status Announcement 🇬🇧
Date: 12 Sep 2019.

Sonm development is finished, Sonm is implemented and is operational for more than a year so far. Today Sonm goes into the public domain (with the limitations of GPL) as a decentralized open-source platform. Project is open for everyone's usage and we use it ourselves.

Today Sonm features:
- A decentralized PC-sharing network, open for public usage.
- An order of hundred active machines in the network.
- The unknown number (probably tens or hundreds but we do not know this for sure) of standby machines.
- Documentation portal https://docs.sonm.io/
-- Including all the required setup guides
-- And usage manuals
- All source code is published on the Github https://github.com/sonm-io, where anyone is free to send a pull request, including sample applications templates:
-- Software bot for automated resource provisioning and mining job launching https://github.com/sonm-io/core/tree/master/connor
-- A reference implementation of a parallel execution module for massive task execution on Sonm https://github.com/sonm-io/taskman
- PoA sidechain https://blockchain-monitor.sonm.com/
- Sidechain explorer https://explorer.livenet.sonm.com/ which is a unique one of a kind solution with the source code https://github.com/sonm-io/explorer
- Web wallet GUI hosted at Sonm website (with a tracker) https://market.sonm.com/#/ and a version hosted on the Github (without a tracker) https://sonm-io.github.io/gui/#/ with the source code https://github.com/sonm-io/Wallet
- The platform is integrated with KYC service provider https://cryptonomica.net/

Starting today Sonm development and adoption is a community affair, the team ceases to fulfill a leading and representative role and will focus on its projects in the nearby field.

Due to the great potential of fog computing and due to significant applied developments in this area, the former employees of the Sonm company, headed by I. Lebedev, plan to continue working as a new private independent company:

- Developing cloud render farm Rays as a private startup, raise fundings and run commerce.

- Rays will continue using Sonm because Sonm is outstanding and we know this because we implemented it and it works for us. Sonm gives you an ability to rent machines times cheaper than in the cloud, no alternative solutions are providing these advantages.

- We are considering other applied project ideas to monetize Sonm hardware, including GPU cloud and ML platform.

- We will develop Sonm platform as a public domain open source based on common rights (as part of the community) when this will align with our project interests (today this is Rays) and propose network upgrades when new versions will be out.

- We are accepting to fulfill the role of maintainers for public domain Sonm platform source code repositories:
-- review and approve pull requests
-- sometimes bring our pull requests
-- provide tech support in our chats, share knowledge
-- maintain the minimum required infrastructure and solve related technical issues.

In other words, we plan to develop our own projects on Sonm and invite everyone to join. Shall you need help - we are here to support, send us a message.

Additional facts:
- We will now start publishing non-periodic Sonm reports when we will have something to share with you.
- We have a task left, which we seek to finish - to launch the masternodes and transition the infrastructure maintenance to the community. Until then the infrastructure is on us.
- Websites and related resources, such as packet distribution services - will all continue working, this is on us too.

From what we know Sonm is being used by at least:
- Rays startup
- CraftML startup

Perhaps this example will be catching to someone and in the future we will see interesting news!

Let's queue up the next "soft" exit scam.

SONM raised $42m USD in June 2017. Yes...$42m USD.

Now they've dumped all their code on Github so the community can finish building it for them, $42m USD wasn't enough from the sounds of it.

What are they doing in the meantime? Ah they're setting up their own "new private independent company". I.e here's some unfinished code and we're using what's left of that $42m USD to go and start our own company that has no relationship to the SNM token or benefit to SNM token holders. Thanks suckas.

RIP SONM. RIP SNM token. And mostly, RIP SNM token holders.

From memory there is now only one active cloud computing project now SUB and SNM are dead. DADI, now EDGE still exists and is in the process of accepting new nodes on their network for those looking to migrate across from SUB or SNM.

The world of crypto futures exchanges is getting spciy

https://twitter.com/cz_binance/status/1173418810918916096

Next up for Chiliz and Socios.com is Galatasaray!

Full team list is now -

Paris Saint-Germain, Juventus, West Ham United, AS Roma, Atlético de Madrid and Galatasaray (along with OG, a leading esports team).

What makes this announcement especially juicy is this -

"The Galatasaray Fan Token will go on sale, exclusively through Socios.com, in Q1 2020 through a process known as a Fan Token Offering™ or FTO.

Crypto-savvy fans can also use Socios.com’s native token, Chiliz (CHZ) — a digital currency for blockchain-backed platforms and products as well as mainstream users — which can be transferred from cryptocurrency exchanges such as Binance.com, straight to the in-app digital wallet.

Fiat currency purchases will be exchanged to CHZ in the app itself, meaning the process of buying Fan Tokens will be effortless and much the same as any e-commerce purchase."

CHZ tokens bought within the app by consumers are actualy purchased off an exchange on the users behalf at the current market rate at the time of purchase.

https://medium.com/chiliz/galatasaray-spor-kul%C3%BCb%C3%BC-to-move-into-cryptocurrency-through-chiliz-powered-platform-socios-com-c459d8dca6c2

This is why CHZ and the concept of actual adoption of the project and token is so appealing. Of course, these are just a few hand picked numbers from a low brow metric like Twitter followers, but to put them into context, Binance itself has around 15m registered users in total.

As you can see from the numbers above, each new team brings exposure to the CHZ token to millions of users and once the Socios.com application is released and there are FTO's run on the platform (essentially IEO's for sports teams) that require the CHZ token to participate, it's not difficult to see how much demand this has the possibility of creating.

Keep in mind too, these are all full partnerships that enable the CHZ and Socios teams to fully leverage these audiences and that the clubs themselves will receive a portion of the profits from FTO's, this creates an ecosystem in which there is not only demand for a token, but all parties are fully incentivised to make it work, not only for their bottom line, but also for their fans.

COTI is going to Bitthumb Global, a step towards a KRW pair for their Korean community

https://support.bithumb.pro/hc/en-us/articles/360035876173

On the 75th anniversary of the historic Bretton Woods Monetary Conference, which established the U.S. Dollar as global reserve currency , its time to ask tough questions about whether the current monetary system is failing and whether Crypto really can fix this mess.

https://www.youtube.com/watch?v=5E3aktjR8eI

Binance.us signups go live tomorrow (September 18th).

Who's keen to give your social security number to Binance for a daily withdrawal limit of approx 0.5 BTC?

If you're from Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont or Washington, Binance.us doesn't want you...

https://medium.com/binance-us/your-questions-answered-binance-us-launches-registration-tomorrow-71f8490ba80a

CZ is a good boy. BNB recovery pump in action now.

https://twitter.com/cz_binance/status/1174252381632114689

This is a wild story.

"Per the agreement, Nerayoff was ennoscriptd to 22.5 percent of all the cryptocurrency tokens sold during the ICO as well as 22.5 percent of all the funds raised by Company 1 “regardless of the method and manner in which [the funds] are raised.

The ICO raised 55,677 ETH during the pre-sale of the token. A crowd sale the following two months raised an additional 20,000 ETH, totaling 75,677 ETH raised, worth about $32 million at the time. Of the 75,766 ETH raised, Nerayoff received 30,000.

The following March, Nerayoff demanded a 10,000 ETH “loan” from Company 1 worth $4.45 million at the time, the complaint says. Nerayoff also introduced Company 1 to Hlady, his “operations guy.”

Jane Doe instructed a Company 1 employee to pay the 10,000 ETH loan to Nerayoff between March 28 and April 1, 2018. The loan was never repaid by Nerayoff, according to the U.S. attorney."

The figures, timeline and domicile of the project ,along with the fact there was a female cofounder seem to match up with the Storm ICO

Nerayoff has already been removed from the Casper Labs website...lol.

https://www.coindesk.com/doj-brings-extortion-charges-against-early-advisor-to-ethereum-tzero

Good article on DeFi releated resources from the @helisnetwork team.

https://medium.com/helisnetwork/top-5-resources-for-learning-about-defi-2b6b163565f5

COTI have released details on their node and staking programs today, stating a target of 30% annualized returns...

- To be eligible to run a Full Node, operators must stake 100,000 COTI for each node and set the fee they wish to charge per transaction.
- An operator may also choose to stake 250,000 COTI to run an Advanced Node and guarantee a 25% annualized return.

What makes this interesting is nodes earn a percentage of all transactions that go through them meaning profits for runniing a node will increase as more merchants join the network and monthly turnover grows...

100K COTI is approx $2300 USD and 250K COTI is approx $6000 USD roght now.

https://medium.com/cotinetwork/coti-opens-full-node-registration-and-reveals-staking-model-800bfcfdbe8a

Sounds a bit like an ICO business model...

https://www.zerohedge.com/markets/wework-fraud

After Binance promoted the fact BEAM was listed for "0 BNB". Do they take the community for fools? 0 BNB doesn't mean they didn't pay $300k USD (plus tokens) 😂

https://twitter.com/jaredctate/status/1175069765947314176