CYBEX Progress Report

CYBEX Product Progress

CYBEX Exchange

•The preparation and procurement for the deployment of the servers worldwide was started, with the CloudFlare service introduced to further improve the security, website performance and application experience of CYBEX.

•Details of account page was optimized, with labels of most pages unified.Page prototype design for cross-chain atomic swap is in progress

•CYBEX price feeding script was improved, the test on which was started.Improved price feeding script was implemented and is under test; the new price feeding script can capture real-time transaction data from multiple exchanges through interface configuration, and complete the price calculation and price feeding of the unique assets on CYBEX by setting the algorithm. And we began to implement the real-time price feeding of CYB-BTS trading pair since this week, taking trading data of BTS-USD as the test data source.

CYBEX-BTC Cross-Chain Atomic Swap

•Following the successful basic logic validation of the CYB-BTC atomic swap last week, we further embarked on the basic prototype validation of cross-chain atomic swap under the client environment, including the client logic design and the scripting and validation of key steps.

CYBEX PR Progress

Event Attended

•This week, the CYBEX team attended Singapore FinTech Festival, where we discussed with numerous experts from around the world in-depth, and communicated with the head of Abu Dhubi regulator on the offering of digital tokens. On Nov. 14during the FinTech Festival, Monetary Authority of Singapore (MAS) issued theGuide to Digital Token Offerings, stating that the offering of security tokens shall comply with relevant laws and regulations. Even those digital tokens do not fall under the jurisdiction of the MAS, shall observe other laws against money-laundering and terrorist financing. The issuance of the Guide provides a lot of legal reference and direction for the formulation of the token offering mechanism for the blockchain project. CYBEX, which is about to launch itsCrowd-Sale in the near future, has its entity registered in Singapore, therefore, our team re-examined the CYBEX tokens issuance mechanism as guided to comply with the regulations therein.

Community Operation

•CYBEX international community was officially launched this week. In addition to the creation of accounts on international social networks, we also set up operation teams in Ukraine, Abu Dhabi, Dubai, Singapore and Japan to help facilitate the maintenance of communities around the world, so as to build a well-functioned ecosystem.

CYBEX team will disclose timely the progress during the development, and we are looking forward to your feedback.

Nov. 19, 2017