As an organizer, TEAMZ has been closely monitoring the global development of the Coronavirus. TEAMZ is deeply concerned about the safety and security of those attending the summit, including speakers, attendees, partners and sponsors.
New event dates:
TEAMZ BLOCKCHAIN SUMMIT: September 28 2020
Tokyo Blockchain Week: September 27- October 3 2020
TEAMZ has decided to postpone TEAMZ BLOCKCHAIN SUMMIT taking place April 22, 2020, to September 28 2020.
The venue, schedule and setup will remain the same. We will continue to update the upcoming speakers and bring the best voices in the industry.
TEAMZ Blockchain Summit is one of the most influential blockchain events in Japan. From around the world, blockchain adopters, industry experts, venture capital, and education seekers gather to apply and introduce blockchain technology, develop the blockchain industry for the future, integrate with each industry, and create global collaboration opportunities. We will discuss a wide range of topics that will affect blockchain and new innovation for the next decade.
This summit, which has been held every year since 2017, achieved its first overseas expansion in 2019 and successfully held the TEAMZ Blockchain Summit Asia in Malaysia with the support of the Malaysian government and the Royal Family. This summit boasts a cumulative total of more than 12,000 participants, with this year being the 5th summit. Under the theme of “Taking Action On The New Era Of Technology”.
The most influential blockchain summit in Japan [TEAMZ Blockchain Summit Tokyo 2020]
It has been confirmed that the most influential blockchain summit in Japan, TEAMZ Blockchain Summit 2020, will be held on April 22 in Happoen located in Shirokanedai, Minato-ku, Tokyo. This year, under the theme of “Taking Action on the New Era Of Technology”, we will contribute to society through the spread of blockchain technology in Tokyo in the new era of 2020.
Now, research on the blockchain is advancing, and this technology is applied in various industries. In addition to virtual currencies, autonomous driving of cars, financial settlement services, protection of customer lists and personal information, protection of personal human rights, and tracking of the distribution of one fish (after being processed into cuts) in the fishery industry our all exploring blockchain. As a result, it is possible to develop services that not only improve corporate technology and strengthen security but also gain the trust of customers. This is an innovation that gives blockchain technology so much potential in this decade.
This summit will provide good opportunities not only for the finance and IT industries but also for industries such as agriculture, fisheries, services and transportation.
In addition, at this blockchain summit, pioneers and experts in the blockchain field, both in Japan and overseas, will be invited to give lectures from the perspectives of technology application, market demand, and solutions.
Various industries and countries will discuss together through panel discussions, and attendees will be able to obtain high-quality knowledge. Also, company executives can learn how blockchain can be applied to their businesses.
- Managers from companies and new business departments that are considering introducing blockchain technology, payment systems in the future.
- Managers from companies who have introduced blockchain technologies.
- People who want to know the composition of the forefront blockchain ecosystem and examples of the introduction of blockchain technology
- Companies who want to expand their business not only in Japan but overseas
- People who are interested in cryptocurrency, blockchain, and fintech.
- Developers of blockchain technology
Current Speakers: still updating
Ver, Chairman of Bitcoin.com
Wan, Primitive Ventures Founding Partner
Draper, Founder of DFJ Draper Associates
Lee, Ballet Founder & CEO
Yoshikawa, Ripple Senior director of Global Operations
Yamaguchi, SBI FinTech Solutions Co., Ltd. Executive Managing Director, AXES
Cho, Chairman of CMS HOLDINGS
Kordek, LISK Founder & CEO
Cho, Hitachi.Ltd, Senior evangelist
– Jonathan C. Dunsmoor, Dunsmoor Law, United States Securities Lawyer – Jehan Chu, Kenetic Capital Managing partner
Event name: TEAMZ BLOCKCHAIN SUMMIT
Schedule: April 22, 2020 (Wed)
Venue: Happoen 1F, Tokyo
Visitors: Approximately 3,000 attendees
Speakers: 60 speakers and panelists from
around the world
Companies who are planning to introduce
blockchain technology: 300
Top media: 50
Official Website: https://summit.teamz.co.jp
Tokyo Blockchain Week will be held at the same time!
Before and after the TEAMZ Blockchain Summit, Tokyo Blockchain Week will be held where various projects in Japan and overseas will hold side events. All initiatives are formed by domestic and foreign companies participating in TEAMZ BLOCKCHAIN SUMMIT, and TEAMZ provides and supports all blockchain technology and network-related events.
Bitcoin Always Online In Venezuela: Launched The First Satellite Node In Collaboration With Blockstream
Bitcoiners in Venezuela don’t need the internet to send some Satoshis. Today, the crypto payments startup Cryptobuyer announced the successful launch of the first Bitcoin satellite node thanks to a collaboration between Cryptobuyer, Blockstream, and a team led by a crypto enthusiast named Aníbal Garrido.
The initiative allows interacting with the Bitcoin blockchain without the need of an internet connection. A satellite antenna installed in Venezuela is in charge of the communication between the node and the blockchain.
We successfully installed and run a satellite #Bitcoin node in #Venezuela which allows us to be independent of the internet to download messages and validate transactions. Thanks to @Blockstream @adam3us @richardbensberg @anibalcripto for all your support https://t.co/TUb6eG19XP
— Cryptobuyer (@cryptobuyer) September 25, 2020
How the Satellite Node Works
This novel solution allows the Venezuelan node to process information in real-time completely off-line. Thus, the normal functioning of the network in case of connectivity failure (something widespread in the country) is guaranteed. It also facilitates the use of cryptocurrencies in remote places where internet service is scarce, expensive, or even non-existent.
The project works as follows: Blockstream contracts a number of satellites to provide the communication service between the nodes and the blockchain. Cryptobuyer bought the necessary equipment to receive the signal and connect to the satellite, and Anibal Garrido and his team were in charge of assembling the antennas and making the required adjustments.
It’s been a pleasure working with @cryptobuyer and @anibalcripto to launch the first of many #BlockstreamSatellite nodes in #Venezuela, ensuring bitcoiners in the region are always connected to the Bitcoin network! 🛰⛓💻 https://t.co/hzqoR1nACI
— Blockstream (@Blockstream) September 25, 2020
For Alvaro Perez, a software programmer from Valencia City who helped set up the whole infrastructure, the node’s synchronization was an inspiring moment. In statements compiled by Cryptobuyer on an official blog post, the expert says that the operation was a “great achievement.”
“We downloaded the whole Bitcoin blockchain and successfully carried out the first transaction through a Bitcoin satellite node in our country on September 23, from the city of Valencia (…) We received bitcoin through the satellite connection without any internet connection. It was a moment of great achievement.”
The journey is just beginning for Bitcoiners in Venezuela
This would be the first of three antennas that Cryptobuyer plans to deploy to cover the country’s most critical areas. The remaining two will be placed in the country’s capital, Caracas, in the north of Venezuela, and Puerto Ordaz, an industrial city located south of the country.
Later on, they plan to deploy a large number of small devices that will serve as a sort of repeater antenna to create a sizeable mesh-type network that will facilitate transactions in Bitcoin even far away from the primary antenna.
Now there’s no excuse to start using some satoshis in the country. Venezuela keeps proving that it has plenty of reasons to be on the podium of the three countries with the most adoption of Bitcoin around the world.
KuCoin’s CEO: The $150 Million Hack Is “Small” For KuCoin, Insurance Will Cover
In a dedicated live stream, KuCoin’s CEO noted that although why he cannot reveal how much of the company’s total assets were affected during the hack, the stolen fund amount is “small for KuCoin.” The exchange will cover all the losses with its insurance fund.
- The company first noticed the abnormalities at 2:51 AM, Sept 26, when it received an alert from its internal risk-monitoring system. More alerts followed, indicating abnormal transfers from the hot wallet.
- At 3:01 AM, the exchange received an alert about its remaining balance from the monitoring system. Three minutes later, more alerts came in showing abnormal XRP withdrawal, which was followed by another alert that the company’s hot wallet is “running out of balance.”
- Subsequent alerts between 3:05 AM and 3:40 AM showed abnormal BTC withdrawal alongside other tokens.
- While the abnormal withdrawals were ongoing, the company set up an urgent task force and then shut down its wallet servers. However, the shut down did not do much to stop the hackers as the abnormal transfers continued.
- At this point, KuCoin realized that the private keys of its hot wallet had leaked. The company then started moving the remaining balance in its hot wallet to cold storage at 4:20 AM. The process took about 30 minutes to complete.
- Lyu said the exchange would publish the addresses used by the hackers on its official channels. An earlier report on the hack shows that the Ethereum address supposedly used for the operation contained over $150 million in ETH and ERC-20 tokens.
- KuCoin is now in contact and working with the international police, its largest clients, and industry experts for an in-depth investigation into the incident.
- The CEO also said they had asked most crypto exchanges, including Binance, Bitfinex, OKEx, BitMEX, and Houbi Global, to blacklist the hackers’ wallet address and assist with the investigation.
- The crypto community was quick to swing into action to assist KuCoin in its request. Bitfinex CTO Paolo Ardoino said they have already frozen 13 million USDT on EOS that was part of the hack, while Tether froze the 20m USDT on Ethereum in the ETH address used for the hack.
- While trading services are still available, withdrawals and deposits will remain closed until the exchange completes its wallet upgrade.
Bullish? On-Exchange Bitcoin Declines While Whales Accumulate (Report)
A recent report suggests that the amount of Bitcoin stored on exchanges is declining while BTC whales increase their holdings and that’s bullish for Bitcoin’s price.
The paper also highlighted that investors have a much larger time horizon for their holdings now compared to previous years.
Bitcoin Stored On Exchanges Drop
In its latest report shared with CryptoPotato on Bitcoin investors’ behavior, the popular research company Digital Delphi explored the number of bitcoins stored on cryptocurrency exchanges. The document indicated that if the BTC stock on platforms increases, it could put sell pressure.
However, this isn’t necessarily the case during bull runs, as retail investors often “leave BTC on exchanges and traders use BTC as margin collateral.” Alternatively, in case the asset price rises while the stock on exchange decreases, this typically implies an accumulation trend.
The report indicated that Bitcoin stored on exchanges marked an all-time high of 2.96 million in mid-February. Since then, the trend has reversed, and the number has dropped to below 2.6 million.
Digital Delphi argued that the reason behind this decrease of BTC on exchanges is because investors are most likely preparing for a longer-term holding period. More importantly, though, the paper highlighted a substantial decline in speculative trading interest in Bitcoin, while the HODLing mentality has increased.
“Unlike the 2019 price uptrend, which coincided with BTC stock increasing, this current trend has seen a divergence between BTC stock and price. This suggests a more sustainable move upwards for BTC, in comparison to that of 2019, as data indicates a holder base with longer time horizons.”
Bitcoin Whales Haven’t Slowed Down Accumulating
Digital Delphi’s data reaffirmed previous reports that Bitcoin whales, meaning addresses containing between 1,000 and 10,000 BTC, continue to accumulate large portions. The company outlined that whales have been on a shopping spree since the start of 2020, as their holdings have increased by 9% YTD.
Moreover, the US Federal Reserve’s actions to print extensive amounts of dollars since the start of the COVID-19 pandemic have accelerated whales’ accumulations.
“Since the USD M2 supply expansion in March, there has been a 7% increase in whale holdings.”
According to the document, this only emphasizes the narrative that Bitcoin serves as a hedge against dollar inflation, and “the smart money is clearly betting on this.” It’s worth noting that prominent US investor Paul Tudor Jones III purchased BTC earlier this year to protect himself against precisely the rising inflation.
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