Connect with us


AIBC Asia DIGITAL June 10, 2020



The COVID-19 pandemic has created mayhem across the world, with events being a prime target. We decided, with a heavy heart, to postpone AIBC Manila from June 2020 to May 27-28th, 2021 at the SMX Convention Centre, Manila.
In line with our commitment to bring the East and West Gaming scenes closer together, we’ll be hosting an online conference in 2020. The online event will take place on 10th June 2020.
Coming to a screen near you soon, this conference has been designed to deliver the expert insights you expected from this year’s exhibition and conference, even while most of us are at home.

Agenda :

10:00 – 10-45 Tech Update : What has been built in 2020?

From VR and Augmented Reality to smart cities and the race to lead the revolution in robotics, 2020 promises to be an exciting, chaotic, and complex year for emerging tech. We take a look at some of the conversations dominating the tech sphere.

    Showcase: VR and Augmented Reality
    Smart cities and beyond
    Robotics & Emerging Technology: US versus Asia


How are things shaping up throughout SEA when it comes to regulating the blockchain industry? We take a cross-continental look at the sector – what are the new rules across Europe and Asia? Also on the discussion block, a series of panels examine the next steps towards achieving decentralised digital identities, while also looking at whether decentralised governance has a place in the narrative.

    A regulatory update: new rules for Europe & Asia
    Decentralised governance models
    Next steps: decentralized digital identity

11:15 – 12: 15 LAUNCH PRODUCTS


Tech often finds itself teetering on a knife edge. While the COVID-19 pandemic has thrown open a number of doors to new opportunities and trends, the dark side of the saga has revealed complex and controversial side effects to a number of government measures. In these conversations we seek the sweet spot between privacy and public safety.

    COVID-19 pandemic on the Block, a look at global supply chains
    The dark side of COVID-19: boundries between private data and public safety
    How COVID-19 is impacting the market and what does it mean for the future of cryptocurrencies?

13:00 – 14:00 CRYPTO & DEFI

The Crypto and DEFI conference is all about innovation and mass adoption. We consider Asia’s role in digital asset innovation and global cryptocurrency adoption, whilst also looking at DAOs – could this be their year?

    The crypto continent: how Asia is leading the way in digital asset innovation
    Cryptocurrency trading: the right investment portfolio
    Bitcoin vs. Alt Coins. The race to mass adoption.

AIBC Malta:

Date : November 18-19, 2020
website :
registration link (Early bird – 49€) :
Address: Malta Fairs and Conventions Centre, Ta’ Qali, Malta

Description : 
The AIBC Summit, produced by SiGMA Group, based in Malta, is now a truly world-class event taking place in both Malta and Manila, Philippines.

The AIBC Summit brings together key brands and individuals from the converging sectors of AI, blockchain, IoT, Quantum Tech, and other emerging technologies to discuss and shape the future. Combining an expo floor for world-class exhibitors, a start-up village for new businesses, and a hugely popular conferences and workshops agenda, the AIBC Summit shines a light on the world of the future.

Malta AIBC Summit 2020 will take place November 17th – 19th, 2020 at the Malta Fairs and Conventions Centre in Ta’ Qali. Positioned at the cutting edge of a very competitive industry, the event has evolved since 2018 into one of the world’s leading events for blockchain and emerging tech, operating on both a European and world stage.  In 2019, Malta AIBC Summit welcomed over 12,000 attendees from over 80 countries, and in 2020 this favourite in the global emerging technology event calendar is set to continue growing.

Agenda :

18th :
09:00 – 18:00 Expo Floor : Time to visit all the stands and start the networking bonanza!
13:30 – 18:00 Conferences
10:00 – 18:00 Workshops
18:00 – 20:00 Networking Drinks
19:00 – 23:00 VIP Dinner
22:00 – 04:00 AIBC Night

19th :
10:00 – 18:00 Expo Floor: Time to visit all the stands and start the networking bonanza!
10:00 – 18:00 Conferences
10:00 – 18:00 Workshops
19:00 – 23:00 Crypto Cruise
19:00 – 23:00 AIBC Networking Dinner

AIBC Manila:

Date : May 27-28, 2021
website :
registration link (Early bird – 49€) :
Address: SMX Convention Centre, Manila, Philippines

Description :
The COVID-19 pandemic has created mayhem across the world, with events being a prime target. We decided, with a heavy heart, to postpone AIBC Manila from June 2020 to May 27-28th, 2021 at the SMX Convention Centre, Manila. In line with our commitment to bring the East and West Gaming scenes closer together, we’ll be hosting an online conference on the 10th June 2020.
Coming to a screen near you soon, this conference has been designed to deliver the expert insights you expected from this year’s exhibition and conference, even while most of us are at home. Sign up now for the digital conference and get a free standard ticket for AIBC Manila 2021!

Agenda :

10:00-18:00 EXPO FLOOR : Time to visit all the stands and start the networking bonanza!
at SMX Convention Centre
10:00 – 14:00 CONFERENCE : Regulation
at SMX Convention Centre
10:00 – 13:00 Workshop: Development
at SMX Convention Centre
14:00 – 16:00 Workshop: Investment & startups
at SMX Convention Centre
14:30 – 18:00 CONFERENCE : Money

10:00 – 18:00 EXPO FLOOR
at SMX Convention Centre
10:00 – 13:00 CONFERENCE : Enterprise solutions
at SMX Conventions Centre
10:00 – 13:00 Workshop: Tranding
at SMX Convention Centre
13:00 – 14:30 Emerging Tech pitch
at SMX Convention Centre
14:00 – 16:00 WORKSHOP : Privacy & Security
at SMX Convention Centre
14:30 – 18:00 Conference: Planet tech
at SMX Convention Centre
19:00 – 23:00 Crypto-Cruise
at Solaire Resort
21:00 – 02:00 AIBC Party

The post AIBC Asia DIGITAL June 10, 2020 appeared first on List of Best Blockchain Events.



Tether, Bitcoin, and how to revive the passé 60/40 investment rule



In light of rising institutional interest and Bitcoin’s press time RoI of 53.17% YTD, it may be the right time to evaluate what comes after 60/40. Once the mantra of Wall Street Bulls, 60/40 is now a passé strategy. Allocating 60% broadly to stocks and 40% to bonds assured relatively good returns with low-risk exposure back in the 80s and 90s. Fast forward to 2020 and now, alternative investors are eyeing Bitcoin to balance the performance of portfolios afflicted by the Fed’s 0 to negative interest rates and the unpredictability of global stock markets. 

Despite the volatility associated with Bitcoin, its RoI has climbed steadily YoY. The risk-reward ratio is low when the investment period is longer than a quarter, and this has been especially true since 2019. In fact, in January 2019, BTC’s price was $3732, before it hiked by 130% to hit $8572 in June 2019.

It should also be noted that there were several profit-taking opportunities at 50%, 70-85%, and 130%. Depending on the desired returns on the portfolio, managers could capitalize on the opportunity and exit based on their risk appetite.

What comes after 60/40

Source: CoinMarketCap

This year, Bitcoin’s RoI is perhaps a little underwhelming at 52%. However, before the recent collapse in BTC’s price, there were profit booking opportunities from 27 July 2020 right up to 3 September 2020. This also coincided with the post-halving price rally of this market cycle. Having established that returns are lucrative to asset managers, what is the barrier to entry? 

Buying cryptocurrencies using fiat like USD is one of the top deterrents as most fiat-crypto exchanges charge a premium or high fees on entry and exit. The rising popularity and market capitalization of USDT have tackled this challenge effectively. In the past 3 months alone, stablecoins have consistently added $100M a day in market capitalization. In fact, so potent has the rise of stablecoins like USDT been, that it has risen to 3rd on the rankings by market cap, only behind Bitcoin and Ethereum and well ahead of XRP

What comes after 60/40

Source: Twitter

With its supposedly transparent reserves, high market capitalization, and low transaction fees, Tether has made it easier for new players to enter fiat-crypto markets/transfer funds across crypto-exchanges. 2020, ergo, may truly be the year of Tether

Tether provides liquidity and the opportunity to purchase Bitcoin or altcoins at market value. However, it also provides a true hedge against inflation. It has become a replacement for the USD in countries like Russia and China.

What comes after 60/40

Source: Chainalysis

Transferring USD across borders for investing in international business or products comes at a high premium. However, Tether has dropped the barriers and reduced cross border transaction costs drastically. Its adoption is driving its market capitalization and its ease of access and availability is helping institutional investors save millions spent in fees and paid in premiums on exchanges globally. 

Contrary to popular perception, relying entirely on the US Dollar may not be the best move in uncertain times. Hence, it is time to replace the traditional 60/40 with an optimized strategy where at least 10% is invested in Bitcoin, held for a quarter or two. Bitcoin, alone, won’t do either. As teenage Bitcoin billionaire Eric Finman once said, “Invest 10% of your income into top cryptocurrencies.” 

This 10% can be invested into the top 25 altcoins ranked by market capitalization while another 10% can be held in Tether. Tether is the most crucial cog in this portfolio boosting machine. During a bloodbath, traders are left with two options – Hodling assets in their portfolios as they race to the bottom or converting them back to fiat on fiat-crypto exchanges and booking losses.

However, stablecoins like USDT give traders a third option – converting their crypto-assets to Tether and HODLing through the bloodbath, thus avoiding losses and converting to USD at low fees and near-zero volatility. 

Ergo, Tether might just be the key to unlocking 60/40, while introducing a balanced basket of crypto-assets to investor portfolios in 2020.


Continue Reading


Hackers Have Been Trying To Crack Bitcoin Wallet Worth $750 Million But Here’s The Catch



A bitcoin wallet containing a little over 69,000 BTC is doing the rounds in hacking communities all over the internet. The reason? It’s obvious.

Everyone (read seasoned hackers and self-professed bitcoin wallet crackers) wants to break it open and take it all. Or at least, a slice of the almost $750 million pie. For the last two years, however, no one has been able to ‘strike it lucky.’

Hackers Tried Cracking The 7th Largest Bitcoin Wallet In The World

According to cybersecurity expert Alon Gal, who goes by the handle ‘UnderTheBreach on Twitter, hackers have been trying to break open a bitcoin wallet holding around $720 million worth of BTC (considering today’s rates). However, Gal reported that no one has posted any success regarding the same.

As it so happens, the bitcoin wallet in the discussion has the 7th largest BTC stash in the world.

It Is Now Available Online For Everyone To Try

While some folks have tried breaking in themselves, most of them admitting failure has advertised the wallet on online hacking forums for somebody else to do the job.

You Might Also Like:

Alon revealed this to Vice in a one-on-one chat regarding the matter:

Stealing Bitcoin wallets from victims worldwide is a common goal among cybercriminals. Wallets tend to be protected by strong passwords and in the event that a cybercriminal manages to obtain a wallet and cannot crack the password he might sell it to opportunistic hash crackers who are individuals with a large amount of GPU power

Gal noticed one such advertisement on a popular hacking forum RaidForums. And not just hacking portals, the wallet showed up on BitcoinTalk on June 29 last year. After that, on All Private Keys and then Wallet-dat(dot)net.

But Does It Contain The 69,370 BTC Though?

The bitcoin wallet seems like a tough nut to crack. But the important question to ask is – Does it contain the BTC? Although it has an alphanumeric address, it is quite possible that the ‘wallet.dat’ file is ‘doctored.’ There is a public key available but not the private key.

The founder of Wallet Recovery Services, Dave Bitcoin, said that:

It’s possible to doctor a Bitcoin wallet.dat file to make it seem like it contains a high balance. The wallet file contains pairs of public key & encrypted private key of the addresses it controls. So one could modify the file in a binary editor and change the public key of one of the address pairs to that of a high value BTC address.

It may be a bait to beguile folks into making bitcoin payments for a shot at cracking a wallet that doesn’t actually have any BTC.

Breaking In Could Be Impossible

According to another assumption, cracking open this bitcoin wallet may be outright impossible. But why?

Quite possibly, the wallet is protected by a long, unique, and difficult to crack the password. Apart from this, the wallet.dat file may be encrypted using a combination of AES-256-CBC and SHA-512 algorithms. These are super slow to process, making it all the more difficult to ‘brute force’ them open.

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited – first 200 sign-ups & exclusive to CryptoPotato).

Click here to start trading on BitMEX and receive 10% discount on fees for 6 months.


Continue Reading


Huobi Buysback $24 Million HT

Huobi token price, Sep 2020One of the biggest crypto exchange handling some $2 billion in daily trading volumes has burned 4.872 million Huobi tokens (HT), worth about $24 million. “The month on month burnt…



One of the biggest crypto exchange handling some $2 billion in daily trading volumes has burned 4.872 million Huobi tokens (HT), worth about $24 million.

“The month on month burnt HT has increased by 97%,” they say while the “circulation deflation rate for the month is about 1.63%.”

So the supply is decreasing by 1.63% a month, with Huobi stating their trading volumes have doubled recently.

Some of their profits are meant to go towards this token that has a total supply of 500 million HTs.

A cool 219 million has been burned, with some 100,000 of it destroyed in just the past two months:

Burned Huobi tokens, Sep 2020
Burned Huobi tokens, Sep 2020

The zero address is the ethereum network address. It’s ‘owned’ by the eth nodes, as in the protocol itself, with it not having a private key.

So this 219 million has gone now with it unable to exchange hands any further as the tokens have effectively been destroyed and are now kind of a museum piece.

This burning of tokens is meant to act as a dividend distribution of sorts with that reduced supply leading to a price appreciation in theory provided all else is equal.

There hasn’t been any notable change in the price of Huobi, however, perhaps because it faces much competition from many new tokens that provide governance rights and ownership over dapps.

Uniswap is the latest example, with this being a decentralized exchange that is now to go through token holders votes to set numerous parameters, including how the daily fee revenue of about $1.5 million is to be distributed.

There are two main methods currently. YFI requires staking with only those that lock the token and vote on governance getting the fees.

Somewhat indirectly this locking would benefit those that are not staking as well due to it temporarily reducing supply, but the main reward goes to those that do a bit of work like voting.

The other method was kicked off by Binance with it being more like the traditional stocks buyback where you use the profits to buy the token and take it out of circulation.

That’s done wonders for Binance’s BNB price which has increased by nearly 10x since it launched to a market cap of $4 billion.

With a decentralized dapp, it’s not clear how this buyback can be done in a code based way as in the case of sushi for example, the token holders voted for the buyback, but an individual with custody over the eth carried out the operation.

Theoretically, there’s no reason why the code can’t do the buyback itself with Andre Cronje probably able to write it up within a week.

The code currently gives the fee of 0.3% to Liquidity Providers (LPs), so to set it to ‘buy uni on the uni/eth pool and burn’ shouldn’t be hard.

That would then make this a deflationary token, with it being a proper share ownership of a code based automated business.

Continue Reading