Dear HybridBlock Community,
This week’s community update is loaded with good stuff including the HYB airdrop, information about our stablecoin, new team members, and wallet upgrades.
Good news! HYB airdrop tokens will be sent out just in time for the holidays. We are planning to distribute airdrop tokens mid-December (exact date will be announced in November) to airdrop participants. Participants will need to have a registered account on hybex.io with the SAME email address used for the airdrop registration. This is important for KYC requirements. If you don’t have an account on hybex.io yet, please signup before December.
Thank you for all your support airdropers, you’ve been an important part of building the HybridBlock community these past few months!
Exchange Featured Coin: TrueUSD
TrueUSD is the official hybex.io stablecoin. TrueUSD tokens are backed 1:1 by the US Dollar (1 TrueUSD is equal to $1.00 USD). The value of TrueUSD may fluctuate slightly because of trading on the exchange (usually between $0.99 and $1.01), but please remember, each TrueUSD coin is only worth $1.00 USD.
Stablecoins are a great tool to hedge against volatility with other digital assets. We’ve specifically chosen TrueUSD because of regularly published balance disclosures (to ensure the correct USD amount is held by TrueUSD to “back” each of the coins in circulation), the high levels of security and direct banking relationships. TrueUSD will also play an important role in the upcoming release of BaseTrade –more details on BaseTrade soon!
New Token Listings
Trading pairs of Bitcoin Cash (BCH), Litecoin (LTC) and Bitcoin Gold (BTG) will be listed on HybridBlock’s cryptocurrency exchange (hybex.io) next month. Stay tuned for more announcement on upcoming listings throughout November.
Hybex will be upgrading our Bitcoin and Ripple wallets. Exact timeline will be released separately. No action is required by users. However, one impact will be the changed wallet addresses. If you’ve saved your Bitcoin or Ripple address from Hybex, please prepare to update that address once the wallet upgrade is completed. As a practice always copy addresses from your official hybex account for each transaction. This will only affect Bitcoin and Ripple wallets, all other token and coin addresses will remain the same.
New Team Members
HybridBlock continues to expand its team and talent. Every few weeks we will reveal team members to our community so that you can see who’s working behind the scenes.
Alex is our Chief Information Security Officer (CISO) and brings a unique combination of technical, operational and commercial skills to our cyber security team. Prior to HybridBlock he managed security solutions across Asia, Middle East and Africa leading end-to-end security solution oversight, design and delivery at BT Global Services, Hong Kong.
Alex has worked with HP Enterprise Security Services as lead security architect, the Ambroise Group, Societe Generale CIB in New York City, and holds qualifications as MSc, CISSP, CISM, CCSK, PMP, and expects to graduate with his MBA from HKUST Business School in 2019.
Hybrid Summit YouTube Channel
Our videos from the Hybrid Summit 2018 in Bangkok, Thailand have recently been uploaded. Subscribe to our channel for more future content from HybridBlock.
Watch the video here.
Security Tip of the Week
How to Avoid Spoofed URL / Website
Often used in conjunction with phishing emails, spoofed websites are used by malicious actors to trick users in believing that they are accessing a legitimate website, in an attempt to steal their credentials and other sensitive information. A spoofed website may look exactly like the original, with the exception of certain key details, for example the spelling of the URL, or the lack of HTTPS encryption. When accessing https://hybex.io, ensure the full address is spelt correctly and that a ‘Secure’ green lock appears on the left side of the URL. To avoid falling victim to spoofed URL, bookmark https://hybex.io and always use it to access the site.
“B2B reporter – Content Manager – Contributor – Fintech – Blockchain – Cryptocurrency”
Simon Chou is a B2B reporter and content manager specializing in technology and finance. He has worked with many clients in the fintech and blockchain space. He holds investment positions in bitcoin and other large-cap cryptocurrencies, and has been reporting on cryptocurrency since 2017. Currently, Simon is the content manager for a major cryptocurrency exchange @HybridBlockHQ.