CRED CX ERC-20 Token / Smart Contract

Contract  0xC2AddBA7C18381EEA227f76415FD2B4B4686A70B
Contract  0xC2AddBA7C18381EEA227f76415FD2B4B4686A70B

 

Cred Holders:

https://bloxy.info/token_holders/0xc2addba7c18381eea227f76415fd2b4b4686a70b

https://etherscan.io/address/0xc2addba7c18381eea227f76415fd2b4b4686a70b

0xc2addba7c18381eea227f76415fd2b4b4686a70b http://disq.us/t/37wxv7g

  Contract Source Code  

pragma solidity ^0.4.18;

// —————————————————————————-
// (c) by Moritz Neto with BokkyPooBah / Bok Consulting Pty Ltd Au 2017. The MIT Licence.
// —————————————————————————-

// —————————————————————————-
// Safe maths
// —————————————————————————-
contract SafeMath {
function safeAdd(uint a, uint b) public pure returns (uint c) {
c = a + b;
require(c >= a);
}
function safeSub(uint a, uint b) public pure returns (uint c) {
require(b <= a);
c = a – b;
}
function safeMul(uint a, uint b) public pure returns (uint c) {
c = a * b;
require(a == 0 || c / a == b);
}
function safeDiv(uint a, uint b) public pure returns (uint c) {
require(b > 0);
c = a / b;
}
}

// —————————————————————————-
// ERC Token Standard #20 Interface
// https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20-token-standard.md
// —————————————————————————-
contract ERC20Interface {
function totalSupply() public constant returns (uint);
function balanceOf(address tokenOwner) public constant returns (uint balance);
function allowance(address tokenOwner, address spender) public constant returns (uint remaining);
function transfer(address to, uint tokens) public returns (bool success);
function approve(address spender, uint tokens) public returns (bool success);
function transferFrom(address from, address to, uint tokens) public returns (bool success);

event Transfer(address indexed from, address indexed to, uint tokens);
event Approval(address indexed tokenOwner, address indexed spender, uint tokens);
}

// —————————————————————————-
// Contract function to receive approval and execute function in one call
//
// Borrowed from MiniMeToken
// —————————————————————————-
contract ApproveAndCallFallBack {
function receiveApproval(address from, uint256 tokens, address token, bytes data) public;
}

// —————————————————————————-
// Owned contract
// —————————————————————————-
contract Owned {
address public owner;
address public newOwner;

event OwnershipTransferred(address indexed _from, address indexed _to);

function Owned() public {
owner = msg.sender;
}

modifier onlyOwner {
require(msg.sender == owner);
_;
}

function transferOwnership(address _newOwner) public onlyOwner {
newOwner = _newOwner;
}
function acceptOwnership() public {
require(msg.sender == newOwner);
OwnershipTransferred(owner, newOwner);
owner = newOwner;
newOwner = address(0);
}
}

// —————————————————————————-
// ERC20 Token, with the addition of symbol, name and decimals and assisted
// token transfers
// —————————————————————————-
contract Cred is ERC20Interface, Owned, SafeMath {
string public symbol;
string public name;
uint8 public decimals;
uint public _totalSupply;

mapping(address => uint) balances;
mapping(address => mapping(address => uint)) allowed;

// ————————————————————————
// Constructor
// ————————————————————————
function Cred() public {
symbol = “CX”;
name = “Cred”;
decimals = 0;
_totalSupply = 30000000000;
balances[0x7aad615f4044f3f0bf07d76f3bb5e6bde2b2c34f] = _totalSupply;
Transfer(address(0), 0x7aad615f4044f3f0bf07d76f3bb5e6bde2b2c34f, _totalSupply);
}

// ————————————————————————
// Total supply
// ————————————————————————
function totalSupply() public constant returns (uint) {
return _totalSupply – balances[address(0)];
}

// ————————————————————————
// Get the token balance for account tokenOwner
// ————————————————————————
function balanceOf(address tokenOwner) public constant returns (uint balance) {
return balances[tokenOwner];
}

// ————————————————————————
// Transfer the balance from token owner’s account to to account
// – Owner’s account must have sufficient balance to transfer
// – 0 value transfers are allowed
// ————————————————————————
function transfer(address to, uint tokens) public returns (bool success) {
balances[msg.sender] = safeSub(balances[msg.sender], tokens);
balances[to] = safeAdd(balances[to], tokens);
Transfer(msg.sender, to, tokens);
return true;
}

// ————————————————————————
// Token owner can approve for spender to transferFrom(…) tokens
// from the token owner’s account
//
// https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20-token-standard.md
// recommends that there are no checks for the approval double-spend attack
// as this should be implemented in user interfaces
// ————————————————————————
function approve(address spender, uint tokens) public returns (bool success) {
allowed[msg.sender][spender] = tokens;
Approval(msg.sender, spender, tokens);
return true;
}

// ————————————————————————
// Transfer tokens from the from account to the to account
//
// The calling account must already have sufficient tokens approve(…)-d
// for spending from the from account and
// – From account must have sufficient balance to transfer
// – Spender must have sufficient allowance to transfer
// – 0 value transfers are allowed
// ————————————————————————
function transferFrom(address from, address to, uint tokens) public returns (bool success) {
balances[from] = safeSub(balances[from], tokens);
allowed[from][msg.sender] = safeSub(allowed[from][msg.sender], tokens);
balances[to] = safeAdd(balances[to], tokens);
Transfer(from, to, tokens);
return true;
}

// ————————————————————————
// Returns the amount of tokens approved by the owner that can be
// transferred to the spender’s account
// ————————————————————————
function allowance(address tokenOwner, address spender) public constant returns (uint remaining) {
return allowed[tokenOwner][spender];
}

// ————————————————————————
// Token owner can approve for spender to transferFrom(…) tokens
// from the token owner’s account. The spender contract function
// receiveApproval(…) is then executed
// ————————————————————————
function approveAndCall(address spender, uint tokens, bytes data) public returns (bool success) {
allowed[msg.sender][spender] = tokens;
Approval(msg.sender, spender, tokens);
ApproveAndCallFallBack(spender).receiveApproval(msg.sender, tokens, this, data);
return true;
}

// ————————————————————————
// Don’t accept ETH
// ————————————————————————
function () public payable {
revert();
}

// ————————————————————————
// Owner can transfer out any accidentally sent ERC20 tokens
// ————————————————————————
function transferAnyERC20Token(address tokenAddress, uint tokens) public onlyOwner returns (bool success) {
return ERC20Interface(tokenAddress).transfer(owner, tokens);
}
}

 

October Review…. Credits LLC Of Denver Colorado – Credits Cryptocurrency – CRED CX –

Well what to say?

Lots of nothing happened and the big news is not good news.

  • DORA: unregistered Initial Coin Offerings Inquiry – “Operation Cryptosweep”

  • CX ERC-20 Token

  • An exchange listing

“Operation Cryptosweep”
“Operation Cryptosweep”

“Operation Cryptosweep”

Many received and email from the State of Colorado a verifiable notice about an inquiry and a request to fill out an online form.

Credits LLC’s / Luke has been caught up in a regulatory drag net via “Operation Cryptosweep” DORA has launched an inquiry. The emails you might have received or heard about is not a spoof or phish but in deed real.

An inquiry?

It is to determine this in essence – what is this coin? What did the public invest in.

Luke is confident in his tweet that Credits is not a security and thus Credits is “…in full compliance” Luke has made it clear that he has spoken with regulators / investigator/s and is cooperating with them.

It comes down to a few things.

First off is what is Credits Cryptocurrency “Cred CX” Security or Utility token / coin?

Read –

What Types of Coins or Tokens are There?

In an ICO, promoters generally create a new virtual “coin” or

“token.” There are two main types of tokens: utility and equity.

Utility tokens enable the holder to exchange the coin for a good

or service in the future.

Equity tokens entitle the holder to an interest in the revenue or

ownership of the underlying venture.

The regulatory treatment of tokens is evolving. Equity tokens are

more likely to be regulated as securities than utility tokens. How-

ever, if a utility token is issued for a non-operational project or if

it is planned to be traded on an exchange, it may also fall under

the purview of securities regulation.

Luke says that it is not a security although in the original white paper/s there was included in the plan to resister credits with the SEC and share profits of the green energy project/s with token / coin holders. That was pre ico… The White paper had many revisions and none of them noted or sited.

So if not an security (and that is what my take on it has been, based on the ever changing direction of this ICO and White papers) then it is a Utility token / coin.

That being said that leaves Credits as a token that is issued for a non-operational project and it is planned to be traded on an exchange…

It seems like from this position which is the one that matters when it comes down to it that Credits LLC is facing an uphill challenge coming out of this inquiry unscathed.

Even at this moment the majority of investors have not received and actual token / coin, security or utility, which is certain to pose a problem if not than at least be at issue.

Sources: :

“What to Know About ICOs”

For more information about ICOs and cryptocurrencies, contact the Division at 303-894-2320. The Division also has issued two investor advisories: and “Be Cautious of the Crypto Investment Craze.” These and more information can be found at www.dora.colorado.gov/dos.

Via: https://www.colorado.gov/pacific/take5dora/colorado-division-of-securities-participates-in-crypto-crackdown

Then there is this:

“While some may tout ICOs as a new

form of crowdfunding, it is important to

remember that crowdfunded offerings

must comply with the requirements of

the federal Regulation Crowdfunding

and securities laws in general.

Not only is the pre ICO and ICO under inquiry so is the crowdfunding as well. If Luke and Rick conducted the crowdsale/s and it is not or did not comply with the requirements of the federal Regulation Crowdfunding and securities laws that too is an issue.

VIA Facebook group:

The Colorado Division of Securities has joined with more than 40 other state and provincial securities regulators in the United States and Canada in “Operation Cryptosweep,” resulting in nearly 70 inquiries and investigations and 34 pending or completed enforcement actions since the beginning of the month.”

That means just shy of 1 case half of all inquiries had led to “enforcement action”

How is it that Credits LLC who according to the secretary of state is a delinquent filer and whose parent company and director is in non compliance going to be among the 50% that Operation Cryptosweep is going to find is all on the up and up?

If I was Luke I would be working double overtime to at least get everyone their tokens asap.”

it is simple math, either way security or not Credits is on shaky ground as is every unregistered ICO or hastily entered into corporate crowdfunding venture.

This is the text of the email:

Dear Investor:

The Colorado Division of Securities is conducting an inquiry into an Initial Coin Offering and subsequent Crowd Sale conducted by Credits, LLC. In order to assist our inquiry, we would appreciate it if you could take a few minutes and fill out a questionnaire on Google Forms by following the link below at your earliest convenience.

Respectfully,

John Lahner

And now onto the CRED CX ERC-20 Token…

Nothing. For going on two weeks now. Still only 29 holders and Luke says 45 are in the Queue for possessing. The story goes he paid way to little in gas so the ETH network was taking it’s time generating hashes for the transfers. He says that he has cancelled them and was to resend them a few days ago…

You can track Cred CX here: https://bloxy.info/address/0xc2addba7c18381eea227f76415fd2b4b4686a70b

The 29 holders have made not transactions with them including the treasury wallet owned and controlled by Credits LLC.

An exchange listing

LUKE:

Good news! We’ve been accepted to be listed by Mercatox. After securing the funding we’ve been working on we will be listed no more than 6 days after. We will obviously let you all know. Thank you all for your patience and support.

https://twitter.com/creditsenergy/status/1054572816979218432

^^ More future talk contingent on raising enough money to pay for the listing.

HOW MUCH DOES HE NEED? – We are not sure.

This what it takes according to Mercatox

The cost of adding a coin to the exchange from 0.5 btc to 5 btc. (All coins will be reviewed individually).” Source: https://mercatox.com/adding-coins

Again, big news just not the kind we where wanting.

The timeline infograph is still empty. No road map at the moment.

If the plan is to get the listing and start selling off billions in credits for the green energy projects it would greatly effect the market price for owners of the tokens. We have no voting rights over what is done and 100% of the proceeds go to Credits LLC to do what they will with it presumably to make an digital ecosystem and green energy investing.

Seems all talk off the Apps are dead, no more tweets about “perfecting the tech”. that sort of thing. The mobile apps and webwallet remain non compatible with ERC-20. So once you have transferred your in app credits to team@credits.energywith your ETH wallet address and have a 0.00 balance the app is only good if some one sends you credits via thier app. If you have sent all your credits over for the smart contract I suggest you do not uninstall the app.

11 months in and there is no tangible or verifiable facts supporting Credits.energy‘s jingle ” Credits Cryptocurrency Supports Green Energy” https://youtu.be/FbaTRYPwuc4

Lets hope that we can get our investment back if this is not going any where and if it proceeds… Great! Then we are off to see how we can salvage our investment on the free range market.

 

October Review…. from r/CreditsCryptocurrency

IBM has taken its Blockchain World Wire (BWW) payment network out of beta this week.

IBM Takes Blockchain World Wire Out of Beta

IBM Takes Blockchain World Wire Out of BetaIBM has taken its Blockchain World Wire (BWW) payment network out of beta this week.

This development was made known in a post on IBM’s website. BWW, which makes use of digital currency on Stellar’s blockchain to facilitate foreign settlements between banks in “near real-time,” is the most recent step forward for IBM and Stellar, which have been considering blockchain payment options since October last year.

“The solution uses digital assets to settle transactions — serving as an agreed-upon store of value exchanged between parties — as well as integrating payment instruction messages,” a new summary of the platform relayed, explaining: “It all means funds can now be transferred at a fraction of the cost and time of traditional correspondent banking.

” IBM had collaborated with Stronghold, a Stellar-based asset, to make the Stellar network’s first stablecoin. “We see this as a way of bringing financial settlement into the transactional business network that we have been building,” the corporation’s vice president of global blockchain Jesse Lund quipped during that time.

The most recent move offers new competition for entities such as Ripple, which has had a contentious few months as executives express doubts over blockchain’s appeal to the banking sector.

While IBM claimed that blockchain could “revolutionize” the global financial system in an analysis released back in January, the firm nevertheless considered the idea of banks themselves becoming obsolete as “not likely.”

e-NetworkAssociates.com on Twitter: “In conclusion, the XRP Ledger is in many ways a more transactional, functional and decentralized ledger than either Bitcoin or Ethereum, which will only increase over time.” 

e-NetworkAssociates.com on Twitter: “In conclusion, the XRP Ledger is in many ways a more transactional, functional and decentralized ledger than either Bitcoin or Ethereum, which will only increase over time.” https://t.co/jD7JUruXCJ … #xrp #xrpthestandard #ripple”

“In conclusion, the XRP Ledger is in many ways a more transactional, functional and decentralized ledger than either Bitcoin or Ethereum, which will only increase over time.”

$87 million cryptocurrency theft in China: Highly-skilled hacker trio arrested

The three individuals are caught on August 15 in Hunan, Changchun provinces, and Beijing respectively, after a months-long probe.

 

Chinese police have arrested three persons for allegedly stealing bitcoins and other cryptocurrencies worth $87 million, Chinese news agency Xinhua reported on Saturday.

The three individuals are caught on August 15 in Hunan, Changchun provinces, and Beijing respectively, after a months-long probe.

See also: Monero [XMR] experiences steep decline in hashrate; community delighted

The report says a victim, who goes by the name Zhang, approached police in the northwestern city Xi’an after he allegedly lost crypto assets worth $14.5 million. He gave a complaint in March.

The police investigated the matter with the help of many internet firms. They learned that a person Zhou (surname) hacked Zhang’s personal computer and stole his crypto assets. The investigating officers later identified Zhou’s partners, apparently highly-skilled hackers, the report stated.

The trio had been accused of breaking into the networks of corporations and individuals and getting away with 600 million yuan ($87 million) as per estimates.

Earlier, 20 persons were arrested in Dalian city of China for allegedly using crypto mining malware to infect over a million computers. They reportedly earned over $2 million in a span of two years.

$300 mn Bitcoin scam: Indian cops nab two more in ponzi scheme case

The crime branch police have arrested two more involved in the ponzi Bitcoin scheme that duped thousands of cryptocurrency investors. The duo is said to be close aides of Amit Bhardwaj, the kingpin of the multi-million Bitcoin [BTC] scam. They are accused of marketing the schemes to lure gullible consumers.

Pune police arrested Amit Bhardwaj on April 5 from the Delhi airport. He is believed to be the mastermind behind scamming thousands of Indians. He allegedly made a fortune of $300 million (approximately 2,000 crore INR).

“The duo were involved in marketing the scheme. They had lured hundreds of people and then disappear. We are investigating the case and are also finding out the number of people that have been duped,” a police official said.

Source: $87 million cryptocurrency theft in China: Highly-skilled hacker trio arrested

Smart Phone Coin Mining ~ MINE ELECTRONEUM FOR FREE ~

MINE ELECTRONEUM FOR FREE

Good day folks.

So many of you may know that crypto currencies like Bitcoin will become ubiquitous in our lives, just like the internet is ubiquitous in our life.

Electroneum is a brand new British cryptocurrency launched via an Initial Coin Offering (ICO) in September 14th 2017. Developed to be used in the mobile gaming markets, it will be the most user-friendly cryptocurrency in the world with wallet management and coin mining all possible on a mobile app.

Electroneum (ETN) is a cryptocurrency that can be mined with a smartphone, requiring almost no technical knowledge or prior experience. This sets it apart from other cryptocurrencies (like Bitcoin) which require expensive hardware and technical know-how to mine.

So this makes it possible to mine Electroneum for FREE from your android phone while running in the background of your smart phone. [IOS version coming soon]

The Android mining app [IOS soon to follow] has only been available since the 5th March 2018 so, as of writing this blog post, we are only 6 weeks into mining, if you could have started Bitcoin mining 6 weeks into launch would you have joined?

 

How to open a wallet & buy Electroneum?

  1. Register here to make an Electroneum wallet: OPEN A FREE WALLET
  2. Buy on Cryptopia and transfer ETN to your wallet which you opened above: BUY (ETN) HERE   Or Here

How to MINE Electroneum on your Android smart phone?

Install the Electroneum App in the google play store for free:

https://play.google.com/store/apps/de..

How to Get A 1% electroneum mining bonus?

Each referred person will get a 1% bonus on top of what they mine. Please feel free to use my referral code 8ACEB6 so you will get the bonus…

How to earn free Electroneum?

For every user you refer, you get 5.00% bonus ETN based on what they are mining. In addition, your referrals will get a 1% bonus on top of what they mine when entering your referral code. So for every 10 ETN mined by one of your referrals, you will receive 0.5 ETN and they will receive 0.1 ETN as a bonus.

How to get 5000 Free Electroneum coins?

  1. Install the free Electroneum App https://play.google.com/store/apps/de..
  2. After registration login to the Electroneum App and go to More option
  3. Click on Earn FREE Coin and then Enter this Code 8ACEB6 and Submit, then click on Show My Referral Code / QR and promote your Referral Code. Once your friends have signed up, have them scan the QR code that is displayed on your phone. You need 5 referrals in a week to have a chance to win 5000 electroneum coins.

Is Electroneum worth it?

✓It has a single-minded development team behind it, with the clear goal to break into and dominate the mobile currency market

✓Electroneum is set to become the first digital coin to enter common usage due to its groundbreaking ease-of-use for the ordinary mobile user

✓Huge potential because of the 2.2 billion smartphone users around the globe

✓First cryptocurrency mining app in the world

✓Electroneum wallets can easily be managed on a smartphone, and the coins can be generated by the unique mobile miner running as a background activity

✓Maximum coin volume of 21 billion, which will mean transactions have only two decimal places and have a ‘real money’ feel that Bitcoin lacks

✓It enables very fast micro transactions and currency can be transferred between different apps, games and users

✓Electroneum relies on its own purpose-built blockchain, unlike many other currencies launched in 2017 so far

✓Offline Wallet (a completely secure, unhackable, offline wallet)

Is this not just so COOL?

Credits Market Capitalization Hits $26.85 Million (CS) – XNewsPress

Credits (CURRENCY:CS) traded 10.4% lower against the US dollar during the 1 day period ending at 21:00 PM Eastern on August 1st. Over the last week, Credits has traded 18.8% lower against the US dollar. Credits has a total market capitalization of $26.85 million and approximately $1.42 million worth of Credits was traded on exchanges […]

Source: Credits Market Capitalization Hits $26.85 Million (CS) – XNewsPress