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Michael Buchbinder Interviewed by Ernest Loh



According to the, the head of PR at Hada DBank Ernest Loh lead an interview with F1Cryptos partner Michael Buchbinder.

They spoke about the events leading up to the listing, the choices behind it, and their thoughts on the blockchain industry.

Michael Buchbinder

EL: The best parts of upcoming companies are always their origin stories. Tell us briefly how it happened, how the team got involved and when did F1Cryptos started picking up momentum?

Michael Buchbinder: “Long before crypto exchanges grew in notoriety, running an FX brokerage and asset management firm was our forte for many years. However, we quickly recognized shifts in the fintech world when it comes to cryptocurrency. We wanted to accept crypto payments from clients to trade with our FX brokerage. Hence, we took a trip to New York to meet several service providers. During our trip, we learned that the technology was a whole exchange.  We knew we could take our expertise from the FX industry and bring the best experience to clients in cryptos”

EL: How did you first stumbled upon Hada Coin?

“I was having a chat with the president of DE Asset Management Limited, Darrell Emmanuel. As he happens to be one of the advisors for Hada DBank, he made the introduction to Hada Coin and we went on doing more research into them.”

EL: We noticed you currently list only world-leading cryptocurrencies, what made you saw potential in Hada Coin to be listed among them?

“From our due diligence, we saw that the idea and business are realistic. In the blockchain space, there aren’t many Islamic Digital banks with an intent towards reaching out to the unbanked like Hada. We came to understand their business model brings value in what seems to be a fair and just interaction with the customer. This is where we saw the opportunity if their customer can benefit, the company has potential. They are proving to have all of the right pieces to make their vision a reality.”

EL: Where do you see the demographics of cryptocurrency going? According to several publishings and surveys online (Independent, Coindesk, The Merkle), there seems to be a steady trend of a younger crowd hopping onto the platform to trade. Is F1Cryptos making any moves to attract younger audiences?

“Our core is focusing on working with and educating institutions and funds, we also plan on engaging the age demographic between 20-30 that really seem to be embracing blockchain and the new possibilities emerging with cryptocurrencies. We plan on reaching them through social media platforms and other chat groups such as telegram and other avenues they use.”

EL: Do you have a set of criteria you go through when you’re picking out potential cryptocurrencies to be listed?

“Each cryptocurrency is unique, however, we like to see a viable idea. We believe many have great visions but finding the right balance between a great idea and having the right framework to execute these ideas are just as vital. These are easily the main variables while considering whether to list a cryptocurrency on our exchange.”

EL: How will traders see the addition of another cryptocurrency such as Hada Coin in F1Cryptos? Would news like this excite potential traders?

“HADA Coin will appear in the drop-down menu of available trading pairs, for all of our users on our exchange. Our clients are always excited to have premier buying opportunities to get in at the beginning.”

EL: SCM is a registered entity with the Swedish Financial Supervisory Authority, hence, giving F1 Cryptos a good standing in establishing itself as safe and trusted crypto exchange platform. How will this affect potential customers and investors of Hada Coin?

“Our long-standing history in the FX space gives us a lot of experience within a similar industry of how to safely run operations. Our origin story stems from FX and we’ve spent quite a number of years understanding and navigating this industry. We found in the culture that crypto exchanges share somewhat similar customer psychological mindset when it comes to trading.”

The HADA DBank and F1Cryptos Interviews proved that the two companies shared a similar vision and had a great mutual understanding in general.  F1Cryptos has 20 years experience as an FX brokerage and is in an ideal position to list the HADA Coin on its exchange. The F1Cryptos platform only lists the top digital currencies in the market, such as Bitcoin, Ethereum, and Dash. Their strong Interest in HADA DBank and its native digital token means that the platform believes that the world’s first Islamic digital bank is something that has great potential in the blockchain community.


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Overstock’s Recent Investment




The CEO of Overstock has recently stated that he is not really interested in cryptocurrencies, however his company has invested millions of dollars in an unknown Blockchain project.

Overstock Investment

When he was asked about his interest in the Blockchain and cryptocurrency he said he is “really letting something big out of the bag.”

“In the fictional world of Westeros, ravens are used as messengers who carry statements of truth.”

According to Byrne, Overstock has put “millions of dollars into teams” for Ravencoin, stating confidently, “[w]e think this coin actually has quite a future.” Byrne then compared Ravencoin to leading Bitcoin by saying that:

“It’s Bitcoin, but a thousand times more energy efficient.”

“Anyone can download this software, and you don’t have an advantage by having this big mining warehouse in China.”

In a Reddit post called:  “What are your thoughts on Ravencoin?” it was clarified that:

“This coin is very new and also implements a brand new algorithm, X16R. Surprised that there’s not a single mention of it in this subreddit, even though thousands of miners are already mining this coin. Is it being kept secret to keep mining difficulty down?”

Back in 2014 Byrne said:

 “I like to think that we saved that community [Bitcoin] about five years in their adoption cycle.”

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NewsBTC Interview with Keyrpto




In a recent interview with Keyrpto, NewsBTC got the chance to talk about some of the most important aspects of the platform including Blockchain based e-commerce and the recent token sale.

Keyrpto, Blockchain, e-Commerce

Q: Keyrpto has an interesting tagline – “blockchain based e-commerce platform”. Is it same as enabling cryptocurrency payments for e-commerce or beyond that? Please explain.

A: Keyrpto is not just a platform using cryptocurrencies, it’s far beyond that. what we are trying to achieve here is to integrate the blockchain technology to e-commerce. such as; Smart Contract between buyer & seller which will provide complete transparency offered by transactions through blockchain. Every transaction is recorded and visible to the public. Moreover, Cost-effectiveness. Store owners accept cryptocurrencies with zero/very low fees by removing the middlemen/payment processors. We believe that blockchain can present endless opportunities for e-commerce.

Q: How does Keyrpto help the existing e-commerce vendors and buyers?

A: Keyrpto offers a unique concept for both parties. For sellers, Keyrpto helps to set up their online stores with a low cost & state-of-art tools. Moreover, a unique SEO which is designed to maximize profits and helps consumers to find products & services. For sellers, Keyrpto offers quick & secure crypto payment, easy-to-use search engine & more variety in product offerings. Moreover, discreet & privacy purchases.

Q: How do you compare Keyrpto with the likes of Open Bazaar?

A: Open Bazaar has already introduced crypto payment. However, in order to stay competitive in this area, we see Keyrpto as the natural extension and evolution of e-commerce, Keyrpto will unlock the door between the crypto payment and online marketplace.

Decentralization and the opportunities presented by the use of blockchain technology in e-commerce are endless.

Q: What are the commission or facilitation fees Keyrpto charges from the participants?

A: Meantime, we didn’t decide on Keyrpto’s fee. However, the platform is powered with KYT tokens, we will have some special offerings for KYT holders in setting up stores and transaction fees.

Q: You have a token sale going on. How much are you planning to raise? Where will the funds be used?

A: Our soft cap is US$ 3,000,000 and hard cap is US$ 5,100,000. We will use this fund to complete our platform, hiring more talents to join the team, initiating the app and launching a worldwide marketing campaign to make sure that Keyrpto is the new ebay of crypto marketplace.

Q: Would you like to share more information about the Keyrpto team and their expertise, and how they will put it to use in the project?

Our team consists of high performing and experienced professionals who specialize in Blockchain Technology, Software Developments, IT Infrastructure, Digital Marketing, and many more fields. We constantly looking for new talents to join our team. Moreover, our advisors are not only specialists in their own field, but also fully dedicated to ensuring the success of this project.

Q: When can we expect people to start using the platform?

A: By Q2, 2018, following our Beta launch, we will start accepting sellers to set up their stores and by Q4 2018, we will officially launch the platform so people can start to navigate through & shop online.

Q: How do you plan to get more people to use the platform? Do you have any partnerships or collaborations in mind?

A: We successfully teamed up with Afrimalin ( Afrimalin is a classified website with a large range of products and services focuses on French-speaking African countries, which will be the gate to enter the African market. Meantime, We are in process of partnerships with different e-commerce platforms around the globe to achieve our main goal which is the no.1 choice for crypto marketplace.

Q: Would you like to tell our readers anything more about the project?

A: Stay tuned! Keyrpto will change the game of e-commerce.



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S&P Global Platts: Blockchain Network to Track Oil




S&P Global Platts, one of the big names related to providers of information for the commodities and energy markets, have announced on February 22 that it began the deployment of its latest Blockchain solution that “will allow market participants to submit weekly inventory oil storage data”

S&P Global Platts Tracking Oil


The Blockchain-based innovation will help secure the “unstructured process” of communication between terminal operators according to to Platts.

The new technology will reduce the amount of maintenance by the regulator FEDCom and improve the quality of data by validating the numbers automatically, and in doing so, avoid further errors.

The joint Platts and Fujairah oil storage reporting system is the first commercial implementation of Blockchain technology in the energy business to go live, Platts claims in its release.

Back in November 2017, BP, Shell and others established a partnership that aims to develop a Blockchain-based platform for energy commodities trading before the end of 2018.

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