Xcel Token

Huobi Group is a global blockchain company founded by Leon Li in 2013. Currently, the crypto exchange has an accumulative turnover that exceeds USD $3 trillion and offers its services to users from more than 170 countries. Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions. Users will be able to trade cryptocurrencies with fiat currencies such as the United States Dollar, Vietnamese Dong, Malaysian Ringgit, Hong Kong Dollar and Chinese Yuan through multiple payment methods, including credit cards. Currently, Huobi Lite supports BTC , ETH, USDT, HT, EOS, BCH, XRP, LTC and HUSD, although they have clarified that they expect to incorporate new crypto assets in the future. Users will be able to store, track and manage their portfolios and the company claims that a Bitcoin can be obtained...

Ukrainian ’s powers stated that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party protocols. In its legal article on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine specified that mining does not necessitate directives by state authorities as this activity is measured by the protocol itself and network members. The agency further added that it will contribute to the development and implementation of decentralized technologies, as well as establish sandboxes for their evaluation and verification, and assessment of potential risks to the market. The agency swore to promote collaboration between the financial market and virtual assets and their effective development, international best practices on taxation of virtual assets, as well as establish effective mechanisms to prevent abuse and offense from business and law enforcement. Ukraine has appeared to be actively e...

Investment platform CurioInvest and Seychelles-based digital asset platform MERJ Exchange Ltd . will jointly begin offering a token backed by collector luxury cars. The so-called Car Token (CT1) token is set to be attached to the value of collectible cars giving more people a chance to have a portion of an asset, BNN Bloomberg informed on the 30th of January, 2020. The company specified that the appeal of the token also lies in the fact that the value of such goods continues to increase in value. “ When you look at fine art, collectible cars, they have been perceived historically as safe havens ,” said Fernando Verboonen, founder and CEO of CurioInvest. Verboonen added that each holder of CT1 tokens will be an advantage from holding a portion of an asset, though did not delve into a comprehensive explanation at that juncture. CurioInvest’s site stipulates that a token owner is able to share in any latent profit when the vehicle is resold, where the amount of mone...

A blockchain is roughly composed of four modules in terms of its hierarchy: Consensus engine Scripting and virtual execution environment Transactions, block and chain logics Peer-to-peer network Most research on associated topics has engrossed on the consensus engine (to improve transaction throughput) and the scripting language (to make blockchains more useful), leaving the properties of peer-to-peer network largely unexplored. The security properties of a blockchain actually hinges on the peer-to-peer network. Research on eclipse attack was started by Ethan Heilman, Alison Kendler, Aviv Zohar, and Sharon Goldberg in 2015. Their research illustrated the first attack against Bitcoin’s peer-to-peer network by controlling hundreds of nodes, which is modeled as an unstructured random graph in their research paper. Another interesting research paper titled “Low-Resource Eclipse Attacks on Ethereum’s Peer-to-Peer Network” demonstrated the feasibility of launching eclipse attac...

Web 3.0 is slated to be the new paradigm in web interaction and will mark a fundamental change in how developers create websites, You have probably heard the term “web 3.0” floating around the internet. Simply put, web 3.0 is the new phase of the internet’s evolution. The changes that web 3.0 is bringing to the internet is going to take it to a whole new level. Computer scientists and Internet experts believe that these changes are going to make the internet smarter and our lives easier. So, to understand these paradigm-shifting changes, let’s first look at the evolution of the internet as we know it. Web 1.0 Believe it or not, there used to be a version of the internet that existed before social media and video streaming! This was a time before Google in the mid-to-late ’90s. The internet used to be dominated by AltaVista and Netscape. Back then the internet existed to only advertise their brick-and-mortar companies. These websites were “read-only web,” meaning you were...

The past few years have been a crisis for security in crypto . As the asset class has increased popularity, more and more security breaks have been highlighted and more institutions targeted. The burgeoning industry is ripe with opportunity, but also with risk. Two incidents that highlight this lapse in security spring to mind. Back in January 2018, Coincheck Japan was targeted, with attackers succeeding in stealing $530 million worth of NEM tokens from the crypto exchange . It is one of the biggest crypto exchange heists in the relatively short history of the industry and stands alongside the infamous attack on Mt. Gox, when around 800,000 BTC was stolen — a sum worth over $6 billion today. Further back in February 2016 , the Bangladesh Bank was targeted. Thieves tried to steal a total of $850 million via properly authenticated transactions in ordering the Federal Reserve Bank of New York to transfer the money through the SWIFT network . While “only” $101 million was t...

XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is fashioned to build, involve and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is delighted to announce that XcelToken Plus will now be available for trading on 14 Exchange Platforms . If you want to know more about utility token adoption then keep reading. XcelToken Plus, a one of a kind utility tokens, aside from its tradability, is now adopted into usage on platforms such as: XcelTrip - An online travel booking platform based on the blockchain technology, aims to disrupt the ever-growing trillion-dollar travel industry, through challenging the monopoly of the ecosystem by giving the power back to the users. XcelTrip, allows travellers to check-in at over 800,000 hotels and book tickets with over 400 airlines. XcelTrip makes sure to give the power of bookings and anonymity to the consumer, since the platform runs on the blockchain system, the cons...

XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on MERCATOX from the 15 th of May, 2019 . To know more about MERCATOX , keep reading on. MERCATOX MERCATOX is a unique creation in the world of digital money, based on multi-lingual platform, that combines automated trading, payment service, Peer-to-Peer sharing based on “smart contracts” and many other features. They plan to provide not only services with different abilities, they also want to create a new financial market in the digital world. They connect all the n-number of electronic money systems on one single platform. XcelToken is adopted into usage on XcelTrip - an online travel booking platform where you can check-...