IOTA Foundation collaborates with Crypto Storage AG with an institutional-level IOTA storage infrastructure solution

• IOTA Foundation collaborates with Crypto Storage
  AG on an institutional token token storage infrastructure solution

IOTA Foundation, a non-profit organization designed to support the
development and standardization of new distributed accounting technologies (included
the IOTA tangle), has worked hard since the beginning of the year. The
The last feat they have achieved is the partnership with Crypto Storage AG, one of these
it is planned to promote the objective of the project to create the future compatible with IOT
economy.

Crypto Storage AG is a subsidiary of Crypto Finance AG e
will try to create the first multi-signature solution available for the
storage of high volumes of IOTA chips all over the world. The solution will aim to
meet the needs of financial intermediaries who retain IOTA tokens as well
various partners seeking to create IOTA-based concepts on a plethora of industries.

Private, public investors, institutional investors and
the beneficiaries will be able to use this solution to manage safely and
store their IOTA tokens. Taking advantage of the "permit, no costs" of Tangle
master book not blockchain distributed, "Crypto Storage AG plans to deliver to
solution offering "a level of professional security for IOTA industrial partners
and users. "Customers of Crypto Storage AG now
could allow their business model with IOTA investments and leading companies in Italy
the industry that works with the IOTA can meet its institutional and compliance obligations
requirements, supports the project blog
to send on this partnership.

"Crypto Storage AG is
proud to support the IOTA platform with our high-level infrastructure, as we see
increased demand with our IOTA customers and industrial partners to enable IOTA
token without compromising security " says Stijn Vander Straeten, CEO of
Crypto Storage AG.

"Keeping data safe
with the infrastructure of Crypto Storage AG will contribute to the development
of these concepts and the vision of the IOTA Foundation to support a
machine-to-machine economy, " says David Sønstebø, co-founder and co-president
of the IOTA Foundation.

• ICON a
  participate in the "Seoul Immersive Blockchain" study trip

The ICON team has published information on their work
guest in the window during the upcoming "Seoul Immersive Blockchain", an event that will do it
take place at the Ibis Style Ambassador
Gangnam from January 8 to January 11.

The event is a private blockchain study trip led by officers
educational institutions of the Singapore government. Between the government
the institutions present will be SkillsFuture Singapore (SSG), a law
board of directors under the Ministry of Education. Overall, a number of state races
institutions and industrial leaders in the fields of finance, medicine,
e-commerce and retail should visit the event and "share business"
models that use blockchain technology and technology potential
innovations. "

ICON will represent the industry of the Korean blockchain during
the event with the director of public affairs of the project, Josh Choi, who presents
guests to a talk entitled "Way to Adoption". The speech will describe in detail ICON
recent results and their vision for the future, with particular attention
placed on the Singapore accelerator called "TRIBE".

"How & # 39; TRIBE & # 39 ;, ICON & # 39; s
Singapore's accelerator program, has been recognized as the first blockchain
accelerator supported by Enterprise Singapore, a significant Singaporean
government agency, we expect this event to further expand our presence in
Singapore," explains ICON.

• Julian
  Hosp abandons the TenX project after allegedly downloading 2.22 million PAY tokens
  on investors

Now former TenX founder / CEO, Julian Hosp, yesterday
has published a "short and emotional" video detailing his intention to resign
from all his roles in the mentioned project.

The
video – titled "I'm resigning as president TenX" – sees a little bit
The nervous and restless Hosp informs the community that he and the other members of the project
it has come to a mutual conclusion that it is better for all the parties involved if it were
leave the project immediately effective. After thanking the team for theirs
efforts and reiterating his certainty that they will do well in the future, Hosp said
that it will take a few weeks to "recapture". In the end, he closed the
video thanking the community for the support that was given to him and to the
project during the previous period. Needless to say, the community reaction
it was not exactly a positive. Hosp has previously deactivated the comments and the
I like / do not like report on the video, as you probably expected the heavy backlash that
it came after these news were broken.

For those out of the loop with the TenX fiasco, the project
he had to deliver an encrypted debit card that would allow people to do it
use their cryptocurrency for real payments. It was one of the first crypts
debit card projects on the market; the levels of excitement that the community
expressed against TenX can be summarized by the fact that he managed to collect
$ 80 million during his ICO.

However, the project encountered several major obstacles
development. Hosp, as the main promoter and public figure, naturally has
you are taking most of the blame for TenX's failures to overcome these obstacles. TO
make matters worse, it was recently revealed that Hosp was part of
Lyoness, a start-up that has been banned from different countries on the grounds
to be a MLM scheme.

A highlight on the top of the story was the revelation
made by a user of Reddit gmgh, who posted a thread
titled "The TenX Ex-CoFounder Julian Hosp has downloaded 2.22M of PAY token on Bittrex?"
on r / CryptoCurrency today. The user has noticed that a person he asserts is o
Hosp or someone linked to him sent 2,222,035 PAY tokens to a Bittrex address,
tokens that were subsequently downloaded on the free market. Sums up his thoughts
in a rather strong way:

"It looks a lot
probably to me that Julian has downloaded all his PAY tokens trying to sell the
intermediate peak in the surrounding advertising campaign the token
snapshot. The price has fallen
dramatically in the last 2 weeks, since deposits have arrived. L & # 39; Instant
period is also the perfect smokescreen to cover it as it exits its position
the volume before and after would be higher than usual. "

As of now, TenX is in a limbo without its most popular
representative (for better or for worse) and without any semblance of a
functional debit card.

• Development of Vertcoin
  update for December 2018 published

Vertcoin is currently heavily involved in the preparations for
their upcoming hard fork, according to their development update for December of
2018.

The update reveals that this will be the third of the project
fork since this cryptocurrency in search of ASIC mining resistances went live. All of
the previous forks were made in an attempt to kick off the ASICs from the network
and make it a mini-friendly GPU. The resistances just codified would not last
The long and recent revelations have shown that there are several ASICs on the
market capable of carrying out mining activities on the Vertcoin network. Vertcoin also suffered 51%
attack at the end of 2018 as a direct result of most of the mining community it used
GPU hardware.

To solve this problem, the project announced the imminent
let's go back strongly in the fall of 2018. The fork will try to improve hashing
algorithm from Lyra2REv2 to Lyra2REv3, an algorithm that is expected to provide
several improvements:

• Make the ASIC useless
• Reduce the inherent advantages of ASIC / FPGA
  GPU
• Enable lasting forking quickly, but safely
  sure way

The rigid fork is scheduled for the 1080000 block.
With the Vertcoin block time of 2.5 minutes, the fork date is positioned
somewhere around February 2nd^ND. The project established a website that
shows the countdown to the rigid fork that can be found here.

The project informed the Vertcoin community (exchanges,
suppliers of portfolios, miners, regular owners, system integrators and payment
suppliers) who will have to update their portfolios at the latest version in
to prepare the hard fork. Ledger and Trezor, two hardware portfolios
suppliers, have confirmed that they will update their software to support the
fork. Check here the complete update for the December development of Vertcoin.