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[kr1004]

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[homi38]

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[bowsetter]

BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI

Friday, October 4, 2019 – BitMax.io, an industry-leading digital asset trading platform, announced that there has been significant misrepresentation of facts and allegations against BitMax.io and its team in the follow-up to its delisting decision of DeepCloud AI (DEEP). This announcement is intended to help users to gain full transparency in the accuracy and completeness […]

The post BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI appeared first on CCN.com

source https://www.ccn.com/bitmax-ios-follow-up-statement-regarding-delisting-decision-of-deepcloud-ai/ READ MORE http://bit.ly/2MkA5Bc

[ppm84]

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[joshuajacksonlyblog]

BitMax Accused of Arranging Pump and Dumps

Crypto exchange BitMax has been accused of being involved in pump and dump schemes to benefit from IEO projects.

Lunar Digital Assets CEO Bashes BitMax

On Tuesday, Han Yoon, founder and CEO of crypto data analyst Lunar Digital Assets (LDA), accused the BitMax team of indirectly defrauding several IEO projects through pump and dump schemes.

To avoid confusion, Yoon refers to the crypto exchange platform established last year and currently listed on the 52nd place on Coinmarketcap by daily trading volume. We mention this because Japanese messaging platform LINE just launched a cryptocurrency exchange with the same name.

Back to the charges, Yoon claims that BitMax’s market makers weren’t concerned with providing liquidity to IEO projects but rather pumping the prices by buying up their tokens. After burning through hundreds of thousands and even millions in liquidity funds, the buy side lacked the necessary dose of funds, causing the IEO token price to tumble. This scenario could be noticed with DEEP, the token of blockchain-oriented project DeepCould AI.

DeepCloud AI builds decentralized cloud computing infrastructures. The team managed to survive the stodgy bearish market and even raised funds through BitMax. However, BitMax’s market makers wasted the funds.

Initial exchange offerings (IEOs) rose from the ashes of initial coin offerings (ICO), a term compromised by the high number of scams. Usually, IEO projects choose a specialized crypto exchange platform to conduct the fundraising event and expand their businesses, obviously in exchange for a fee paid to the exchange that hosts their token.

Yoon Claims Shane is the Culprit

It seems that BitMax turned to dubious practices after Shane Molidor, a senior executive at FBG Capital, became Head of Business Development at BitMax. Previously, Shane worked at Gemini and IBM.

Yoon claims that Shane lied to the DeepCloud AI team by voicing misleading promises. In the end, the DEEP token went through a pump and dump move and declined dramatically. The LDA CEO explained:

Shane had allegedly bragged about their pump and dump tactics from his FBG days. Shane defended their actions, even going as far as to say that they spent $300K on a token buyback program. No Shane, you nor BitMax spent $300K on no such thing; the $300K was DeepCloud AI’s money. Get your facts straight, and get out of your 2017 fantasy.

Besides DeepCloud AI, several other projects failed with BitMax, including DOS Network, Ferrum Network, and DUO Network. The only project that succeeded is UltrAlpha, which is the personal project of BitMax CEO George Cao.

What do you think about allegations against BitMax? Share your thoughts in the comments section!

Images via Shutterstock, Coinmarketcap

The post BitMax Accused of Arranging Pump and Dumps appeared first on Bitcoinist.com.

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[brettzjacksonblog]

BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP)

BitMax.io (BTMX.com) has announced the primary listing of DeepCloud AI (DEEP), an AI-driven decentralized cloud computing platform that provides a marketplace for companies and individuals to share excess capacity of computing and storage resources via decentralized cloud.  DeepCloud AI is planning to launch its token pre-sale for BitMax.io users on July 18 EDT. Being the […]

The post BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP) appeared first on CCN Markets

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[michaelbennettcrypto]

BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP)

BitMax.io (BTMX.com) has announced the primary listing of DeepCloud AI (DEEP), an AI-driven decentralized cloud computing platform that provides a marketplace for companies and individuals to share excess capacity of computing and storage resources via decentralized cloud.  DeepCloud AI is planning to launch its token pre-sale for BitMax.io users on July 18 EDT. Being the […]

The post BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP) appeared first on CCN Markets

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[jacobhinkley]

Nebulas Welcomed DeepCloud AI to Join Nebulas Ecosystem

June 27th, 2018 — During Silicon Valley Blockchain Week, Nebulas team met with DeepCloud AI team and welcomed them into the Nebulas ecosystem.

DeepCloud AI is combining artificial intelligence (AI) and blockchain to build an AI-driven decentralized cloud computing platform for running decentralized applications (DApps), including Internet of Things (IoT) and Web 3.0 DApps. The Nebulas blockchain is a next generation public blockchain, aiming for a continuously improving ecosystem.

Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking. The Nebulabs blockchain incubator will support DeepCloud AI’s advance decentralized cloud computing, artificial intelligence, and blockchain technology.

DeepCloud AI will provide a spot market for computing and storage resources for enterprise-level users and individuals. This spot market is designed to let users share their excess computing capacity on their decentralized cloud and with their AI matching engine. Applications will execute in a secure sandbox using peer-to-peer resources, and all transactions are managed on the blockchain with smart contracts.

DeepCloud AI will democratize cloud infrastructure and open a market for computing resource providers and application developers to run and deploy decentralized applications in a cost-effective manner. DeepCloud AI is building a decentralized cloud platform, and is investing in blockchain-based cloud solutions as the future for DApps.

The project leverages AI to perform resource-matching between network resource providers and app developers. Further, with deep industry knowledge and expertise in building Enterprise solutions, the core DeepCloud AI team is equipped with insights and solutions for Enterprise customers.

DeepCloud AI’s Decentralized Cloud Infrastructure and Application Marketplace will leverage Nebulas Rank and the Developer Incentive Protocol to democratize cloud computing. This will level the playing field for cloud resource providers and unlock the potential of DApp developers, allowing them to focus on building their core application logic, and leaving the management of the network’s infrastructure, its complexities, and tools and components to DeepCloud AI.

With this combined force, DeepCloud AI can potentially take on large monopolistic players in Cloud Computing space such as Amazon AWS, Google Cloud, and Microsoft Azure.

The union of Nebulas’ technological expertise in the blockchain space and the DeepCloud AI’s experience in AI and Cloud Computing technologies will strengthen both parties as they strive to be world leaders in decentralizing computing for the masses.

Nebulas founder Hitters Xu will also be a technical advisor to DeepCloud AI, providing insights gleaned from years of experience of developing and building blockchain ecosystems, products and communities.

Hitters Xu, CEO of Nebulas says:

“When I communicated with DeepCloud AI, I was impressed by their vision for democratizing the cloud and making it easy for anyone to share their computer resources and make money, at same time making it easy for DApp developers to get to these resources for building the applications along with Application Marketplace. I believe the use of Nebulas blockchain by DeepCloud AI can build a strong ecosystem for decentralized applications. I am very excited and looking forward to our great collaboration ahead.” 

Max Rye, DeepCloud AI CEO quotes:

“After speaking to Nebulas over the past May, we have ascertained that both our directions, goals and visions are aligned, and have therefore positioned both the DeepCloud AI and Nebulas teams to work more closely together and make sure the DeepCloud AI product is adequately supported. The flexibility and support we get from Nebulas team will allow our project to flourish and overtake existing solutions in a much reduced time span — both from a technological and chronological standpoint.” 

To know more, click here!

The post Nebulas Welcomed DeepCloud AI to Join Nebulas Ecosystem appeared first on AMBCrypto.

Nebulas Welcomed DeepCloud AI to Join Nebulas Ecosystem published first on https://medium.com/@smartoptions

[homi38]

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[omanizen]

BitMax IEO: Dự án DeepCloud AI (DEEP) ngày 18/07

BitMax IEO: Dự án DeepCloud AI (DEEP) ngày 18/07

DeepCloud AI sẽ triển khai bán mã thông báo công khai cho người dùng BitMax.io vào lúc 8:00 sáng EDT, ngày 18 tháng 7 năm 2019. Là người tổ chức, DeepCloud AI chịu trách nhiệm pháp lý hoàn toàn cho việc bán công khai mã thông báo của mình. BitMax.io  chỉ cung cấp công nghệ và hỗ trợ thực hiện cho việc bán công khai này. 

Người dùng phải có tài khoản trên sàn Bitmax mới tham gia dự án IEO này,…

[bowsetter]

BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP)

BitMax.io (BTMX.com) has announced the primary listing of DeepCloud AI (DEEP), an AI-driven decentralized cloud computing platform that provides a marketplace for companies and individuals to share excess capacity of computing and storage resources via decentralized cloud.  DeepCloud AI is planning to launch its token pre-sale for BitMax.io users on July 18 EDT. Being the […]

The post BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP) appeared first on CCN Markets

source https://www.ccn.com/press-releases/bitmax-io-announces-primary-listing-partnership-with-deepcloud-ai-deep/2019/07/03/ READ MORE http://bit.ly/2KW0zL5

[blockcastcc]

CoinAll launches discount token selling campaign for DeepCloud (DEEP) token

New Post has been published on https://blockcast.cc/press-releases/coinall-launches-discount-token-selling-campaign-for-deepcloud-deep-token/

CoinAll launches discount token selling campaign for DeepCloud (DEEP) token

[cryptonewstrending]

BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI

Coinspeaker BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI BitMax.io, an industry leading digital asset trading platform, announced that there has been significant misrepresentation of facts and allegations against BitMax.io and its team in the follow-up to its delisting decision of DeepCloud AI (DEEP). This announcement is intended to help users to gain full transparency in the accuracy and completeness of key facts around this matter. First, DEEP project provided false information to both BitMax.io and investor communities regarding private / presale investor token allocation and vesting schedules. As…

The post BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/bitmax-ios-follow-up-statement-regarding-delisting-decision-of-deepcloud-ai/

[joshuajacksonlyblog]

BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP)

BitMax.io (BTMX.com) has announced the primary listing of DeepCloud AI (DEEP), an AI-driven decentralized cloud computing platform that provides a marketplace for companies and individuals to share excess capacity of computing and storage resources via decentralized cloud.  DeepCloud AI is planning to launch its token pre-sale for BitMax.io users on July 18 EDT. Being the […]

The post BitMax.io Announces Primary Listing Partnership with DeepCloud AI (DEEP) appeared first on CCN Markets

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