MIT researchers tested the Lightning Network prototype for the bitcoin network using smart contracts
The idea of implementing such an approach appeared a year ago, but the test implementation of the project appeared only now. Developers have come up with a new approach to the implementation of transactions: they are now automatically implemented when there are any external conditions (for example, when the US dollar reaches a certain value). Using smart contracts allows you to significantly expand the scalability of the Lightning Network and achieve a huge transaction processing speed - more than 1 million per second.
The new version of LN uses oracles - trusted nodes, which translate external data into smart contracts. For the test implementation of the network, the developers submitted an oracle, which translates the US dollar exchange rate, converting it into Satoshi.
The idea of implementing such an approach appeared a year ago, but the test implementation of the project appeared only now. Developers have come up with a new approach to the implementation of transactions: they are now automatically implemented when there are any external conditions (for example, when the US dollar reaches a certain value). Using smart contracts allows you to significantly expand the scalability of the Lightning Network and achieve a huge transaction processing speed - more than 1 million per second.
The new version of LN uses oracles - trusted nodes, which translate external data into smart contracts. For the test implementation of the network, the developers submitted an oracle, which translates the US dollar exchange rate, converting it into Satoshi.
The UN considers the IOTA blockchain system as a system for storing its own documentation
"We share a vision in which machines, devices, sensors and people connect with each other and communicate with each other," said Yoshiyuki Yamamoto, UN special adviser on technology for blockchain.
Cooperation with IOTA will be an important step towards the implementation of the United Nations plan for the deployment of blockchain technologies in its systems.
The United Nations Office for Project Services (UNOPS) is teaming with the IOTA Foundation to make the work of the department more efficient with the help of a blockchain. At the moment, the cooperation is educational in nature and it is difficult to say when IOTA will be used in practice. IOTA is not the only project that UNOPS works with.
"We share a vision in which machines, devices, sensors and people connect with each other and communicate with each other," said Yoshiyuki Yamamoto, UN special adviser on technology for blockchain.
Cooperation with IOTA will be an important step towards the implementation of the United Nations plan for the deployment of blockchain technologies in its systems.
The United Nations Office for Project Services (UNOPS) is teaming with the IOTA Foundation to make the work of the department more efficient with the help of a blockchain. At the moment, the cooperation is educational in nature and it is difficult to say when IOTA will be used in practice. IOTA is not the only project that UNOPS works with.
Because of the launch of the main EOS network, project owner tokens can lose millions of dollars
Before the launch of the EOS network, 6 days remained. Millions of users have not yet registered their tokens for transfer to a new lock. As you know, after May 31, all unregistered funds will be permanently frozen in the Ethereum network and they can no longer be moved to the stock exchange or sent to another address.
Theoretically, EOS developers can avoid this situation by taking a snapshot of the current network state right before the transfer. But the development of an algorithm for these purposes will take some time, which the development team does not have. By the most approximate estimates, more than 50% of all tokens in circulation can be forever locked in their purses.
If you own the EOS tokens and have not been registered yet, we strongly advise you to move all funds from your Ethreum purse to one of the major exchanges, for example, at Binance. But it's best to go to https://eosauthority.com/account yourself and register your tokens.
Before the launch of the EOS network, 6 days remained. Millions of users have not yet registered their tokens for transfer to a new lock. As you know, after May 31, all unregistered funds will be permanently frozen in the Ethereum network and they can no longer be moved to the stock exchange or sent to another address.
Theoretically, EOS developers can avoid this situation by taking a snapshot of the current network state right before the transfer. But the development of an algorithm for these purposes will take some time, which the development team does not have. By the most approximate estimates, more than 50% of all tokens in circulation can be forever locked in their purses.
If you own the EOS tokens and have not been registered yet, we strongly advise you to move all funds from your Ethreum purse to one of the major exchanges, for example, at Binance. But it's best to go to https://eosauthority.com/account yourself and register your tokens.
EOS Authority Wallet
Account | EOS Authority
Account - List of transactions, tokens, airdrops, votes, usage, polls, etc - EOS Authority
June 15, the developers of Syscoin disclosed information about the hacking of their Github account, as a result of which the installation builds of the syscoincore software for the Windows operating system were modified by third parties. Assemblies for other operating systems are not affected. Hacking itself occurred on June 9, but its effects were noticed only on June 13.
The Syscoin team conducted its own investigation into the incident. As it turned out, hackers got access to the source codes of cryptocurrency through the interception of the account data of one of the developers. The attacker injected a malicious Trojan into the code of the installation packages syscoincore-3.0.4-win32-setup.exe and syscoincore-3.0.4-win64-setup.exe, which steals passwords and private keys to the purses of users who installed the software on their computers.
To all users who downloaded the syscoincore installation files from 9 to 13 June, it is recommended to manually clean the C: \ Users \ user \ AppData \ Local \ Temp folder (that's where the trojan itself was stored under the name re.exe), perform anti- then change all passwords, and also transfer funds from crypto-currency purses to another storage.
The Syscoin team conducted its own investigation into the incident. As it turned out, hackers got access to the source codes of cryptocurrency through the interception of the account data of one of the developers. The attacker injected a malicious Trojan into the code of the installation packages syscoincore-3.0.4-win32-setup.exe and syscoincore-3.0.4-win64-setup.exe, which steals passwords and private keys to the purses of users who installed the software on their computers.
To all users who downloaded the syscoincore installation files from 9 to 13 June, it is recommended to manually clean the C: \ Users \ user \ AppData \ Local \ Temp folder (that's where the trojan itself was stored under the name re.exe), perform anti- then change all passwords, and also transfer funds from crypto-currency purses to another storage.
Former employees of The Denver Post launch their own blockchain media
A group of editors and journalists left the Denver Post to start work on a joint online newspaper project called The Colorado Sun. One of the main reasons for this was discontent with the management policy of the New York hedge fund Alden Global Capital, which gained control of The Denver Post after the acquisition of MediaNews Group.
Initial funding for The Colorado Sun will be received from the New York start-up Civil Media Company, which will post the publication of the newspaper in the public blockbuster Ethereum. After the launch, the publication will provide its materials on a paid subscription basis. Thus, its creators plan to keep their project completely free of advertising.
To raise funds for the further development of the publication, journalists created a company on the Kickstarter platform finding platform and plan to get $ 75,000 through it within the next month.
A group of editors and journalists left the Denver Post to start work on a joint online newspaper project called The Colorado Sun. One of the main reasons for this was discontent with the management policy of the New York hedge fund Alden Global Capital, which gained control of The Denver Post after the acquisition of MediaNews Group.
Initial funding for The Colorado Sun will be received from the New York start-up Civil Media Company, which will post the publication of the newspaper in the public blockbuster Ethereum. After the launch, the publication will provide its materials on a paid subscription basis. Thus, its creators plan to keep their project completely free of advertising.
To raise funds for the further development of the publication, journalists created a company on the Kickstarter platform finding platform and plan to get $ 75,000 through it within the next month.
The developers of the Brave browser announced the launch of testing their program for advertising rewards
Brave Software, founded by former Mozilla technical director Brendan Eich and Mozilla's former senior software engineer Brian Bondi, announced the launch of its user reward program for viewing advertisements.
Participants in the testing will receive 70% of the company's advertising revenues, which will be paid in the company's own cryptocurrency - Basic Attention Token (BAT).
After the official launch of the new product, all users of Brave browser will receive the following choice: block all ads on the pages or take part in the reward program. The developers promise to show only relevant paid ad units with frequency several times a day.
The statistics of the views will be sent to the server Brave, which may not appeal to users who prefer to maintain a high level of personal privacy during web surfing.
Brave Software, founded by former Mozilla technical director Brendan Eich and Mozilla's former senior software engineer Brian Bondi, announced the launch of its user reward program for viewing advertisements.
Participants in the testing will receive 70% of the company's advertising revenues, which will be paid in the company's own cryptocurrency - Basic Attention Token (BAT).
After the official launch of the new product, all users of Brave browser will receive the following choice: block all ads on the pages or take part in the reward program. The developers promise to show only relevant paid ad units with frequency several times a day.
The statistics of the views will be sent to the server Brave, which may not appeal to users who prefer to maintain a high level of personal privacy during web surfing.
The project of stable cryptocurrency Reserve has received support from more than 40 large investors
The project to create the Reserve Reserve Coin reported on raising $ 5 million in the round of financing. The company is developing a fully decentralized cryptocurrency, which stabilizes its current value by locking up other cryptocurrencies in a smart contract. At the initial stage of the development, Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 large investors showed interest in the Reserve.
The main application of the new stable coin is work in countries that have an inefficient monetary system with high inflation rates. The main goal of the Reserve is to save the savings of citizens in an unstable economy.
The project to create the Reserve Reserve Coin reported on raising $ 5 million in the round of financing. The company is developing a fully decentralized cryptocurrency, which stabilizes its current value by locking up other cryptocurrencies in a smart contract. At the initial stage of the development, Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 large investors showed interest in the Reserve.
The main application of the new stable coin is work in countries that have an inefficient monetary system with high inflation rates. The main goal of the Reserve is to save the savings of citizens in an unstable economy.
EXMO Currency Exchange has canceled its ICO
EXMO management planned to conduct an initial offer of coins for obtaining licenses and creating a new service for margin trading in crypto-currencies. However, yesterday, the founder of the crypto-exchange, Ivan Petukhovsky announced the cancellation of the previously planned ICO.
According to the data provided to them, the EXMO trading platform will open new services using its own resources. At the moment, crypto-currencies are under increasing control from state regulators. Therefore, conducting an ICO can result in unpredictable difficulties that can affect both the company itself and its numerous clients.
After the addition of margin lending, traders will be able to carry out operations to purchase crypto-loans using the leverage - borrowed funds from the very crypto-exchange. This will allow professionals to conduct more profitable trade transactions and, accordingly, to receive more profit.
EXMO management planned to conduct an initial offer of coins for obtaining licenses and creating a new service for margin trading in crypto-currencies. However, yesterday, the founder of the crypto-exchange, Ivan Petukhovsky announced the cancellation of the previously planned ICO.
According to the data provided to them, the EXMO trading platform will open new services using its own resources. At the moment, crypto-currencies are under increasing control from state regulators. Therefore, conducting an ICO can result in unpredictable difficulties that can affect both the company itself and its numerous clients.
After the addition of margin lending, traders will be able to carry out operations to purchase crypto-loans using the leverage - borrowed funds from the very crypto-exchange. This will allow professionals to conduct more profitable trade transactions and, accordingly, to receive more profit.
South Korean government to allocate $ 200 million for the development of blockchain projects
The Ministry of Science and Information and Communication Technologies of South Korea (ICT) is launching a large-scale project to develop a strategy for the development of blockchain technology until 2022. In the framework of this initiative, the government will allocate a total of $ 200 million to support the most interesting projects related to developments in the blockchain area.
The ministry's press release also lists examples of projects that it plans to invest. These include "smart industries" and "smart cities", various systems for distributing products and goods through a distributed register.
At the moment, six start-ups have already received financing, which is engaged in the development of blockchain solutions for logistics, electronic document circulation, voting, customs control and livestock. In total, in the ICT plans to bring the number of investment projects to 100 and provide support to about 10 thousand experts.
Particular attention will be paid to supporting research projects and developing centers for developing solutions for the application and definition of the legal status of smart contracts.
The Ministry of Science and Information and Communication Technologies of South Korea (ICT) is launching a large-scale project to develop a strategy for the development of blockchain technology until 2022. In the framework of this initiative, the government will allocate a total of $ 200 million to support the most interesting projects related to developments in the blockchain area.
The ministry's press release also lists examples of projects that it plans to invest. These include "smart industries" and "smart cities", various systems for distributing products and goods through a distributed register.
At the moment, six start-ups have already received financing, which is engaged in the development of blockchain solutions for logistics, electronic document circulation, voting, customs control and livestock. In total, in the ICT plans to bring the number of investment projects to 100 and provide support to about 10 thousand experts.
Particular attention will be paid to supporting research projects and developing centers for developing solutions for the application and definition of the legal status of smart contracts.
Clients Coinbase complained to the SEC for negligence and fraud from the cryptocurrency company
The Securities and Exchange Commission of the United States (SEC) from the State of California received a number of complaints from clients of the Coinbase exchange. Most of them describe cases of disappearance of funds from traders' accounts and complete indifference at the same time from the technical support of Coinbase. The maximum that disgruntled customers received is a number of formal letters received by their e-mail addresses.
Now the regulator will be forced to begin checking for incoming complaints and conduct a review of the activities of the crypto-currency company.
This is not the first time that Coinbase attracts the attention of the SEC. In March of this year, the company received two collective lawsuits for insider trading with the addition of Bitcoin Cash to the listing and the violation of California federal laws on unclaimed property. Also, even earlier, the stock exchange was accused of money laundering.
The Securities and Exchange Commission of the United States (SEC) from the State of California received a number of complaints from clients of the Coinbase exchange. Most of them describe cases of disappearance of funds from traders' accounts and complete indifference at the same time from the technical support of Coinbase. The maximum that disgruntled customers received is a number of formal letters received by their e-mail addresses.
Now the regulator will be forced to begin checking for incoming complaints and conduct a review of the activities of the crypto-currency company.
This is not the first time that Coinbase attracts the attention of the SEC. In March of this year, the company received two collective lawsuits for insider trading with the addition of Bitcoin Cash to the listing and the violation of California federal laws on unclaimed property. Also, even earlier, the stock exchange was accused of money laundering.
How "Tron Independence Day" passed: 1 billion tokens burned, a new token launched and new problems in the project code
Yesterday, on July 25, the community of Tron celebrated the completion of the process of transferring tokens from the Ethereum blockchain system to a new main project network. At the very end of a unique holiday called "Independence Day", the Tron Foundation transferred 1 billion project tokens ($ 42 million at the current rate) to a blocked address where they will remain frozen forever. With such a spectacular gesture, Tron simultaneously makes an advertisement and attempts to raise the value of its token by reducing the total emission.
Officially, the full transfer of tokens will end tomorrow, immediately after a complete snapshot of all stock exchanges is made. After that, TRX holders will again have the opportunity to transfer their savings to other addresses of the new network.
Also on June 25 became the official birthday of the new token - the first in the main network of Tron. It is noteworthy that they found a Sesame seed project token with a SEED ticker, which translates from English as a "seed".
Now the next test point of the Tron platform will be reached on July 30th. On this day, it is planned to launch its own virtual machine, which will become the central element of the entire system, allowing developers to create and run decentralized applications (DApps). In addition, the creator of Tron, Justin Sun, hinted that a "secret project" would be launched on July 30. There are absolutely no assumptions about what it can be. But San himself stated that the "secret project" would be more significant than the launch of the network, which took place yesterday.
There was a "scandal" on Independence Day. According to a new report from Digital Asset Research, Tron developers copied the code from the Java implementation of Ethereum. They did this with some errors that could cause technical problems with the blockchain platform.
However, Justin Sun stated on this account that Tron takes very seriously the security and stability of its platform. According to him, one of the programmers forgot to fix a small and insignificant piece of code that did not pose any threat to the operation of the new network and all the hype around this code fragment is too much exaggerated.
Yesterday, on July 25, the community of Tron celebrated the completion of the process of transferring tokens from the Ethereum blockchain system to a new main project network. At the very end of a unique holiday called "Independence Day", the Tron Foundation transferred 1 billion project tokens ($ 42 million at the current rate) to a blocked address where they will remain frozen forever. With such a spectacular gesture, Tron simultaneously makes an advertisement and attempts to raise the value of its token by reducing the total emission.
Officially, the full transfer of tokens will end tomorrow, immediately after a complete snapshot of all stock exchanges is made. After that, TRX holders will again have the opportunity to transfer their savings to other addresses of the new network.
Also on June 25 became the official birthday of the new token - the first in the main network of Tron. It is noteworthy that they found a Sesame seed project token with a SEED ticker, which translates from English as a "seed".
Now the next test point of the Tron platform will be reached on July 30th. On this day, it is planned to launch its own virtual machine, which will become the central element of the entire system, allowing developers to create and run decentralized applications (DApps). In addition, the creator of Tron, Justin Sun, hinted that a "secret project" would be launched on July 30. There are absolutely no assumptions about what it can be. But San himself stated that the "secret project" would be more significant than the launch of the network, which took place yesterday.
There was a "scandal" on Independence Day. According to a new report from Digital Asset Research, Tron developers copied the code from the Java implementation of Ethereum. They did this with some errors that could cause technical problems with the blockchain platform.
However, Justin Sun stated on this account that Tron takes very seriously the security and stability of its platform. According to him, one of the programmers forgot to fix a small and insignificant piece of code that did not pose any threat to the operation of the new network and all the hype around this code fragment is too much exaggerated.
India: the draft regulatory framework for crypto-currencies should appear in the first half of July
The government of India still refuses to recognize cryptocurrency as a legal tender and will not allow their use in the traditional financial systems of the country, said the secretary of the Ministry of Finance of India, Subhash Chandra Garg.
However, this industry should not remain without appropriate regulation. The new regulatory framework for crypto-currencies will appear in the country in early July. For now, it will be only a project that must go through several stages of coordination in various government structures before it becomes mandatory for all market participants.
Also, the official hinted at some key points of the draft bill. According to him, the new rules will include mandatory compliance with the crypto-exchange procedures "know your customer" (KYC), as well as keeping a strict record of all transactions.
The government of India still refuses to recognize cryptocurrency as a legal tender and will not allow their use in the traditional financial systems of the country, said the secretary of the Ministry of Finance of India, Subhash Chandra Garg.
However, this industry should not remain without appropriate regulation. The new regulatory framework for crypto-currencies will appear in the country in early July. For now, it will be only a project that must go through several stages of coordination in various government structures before it becomes mandatory for all market participants.
Also, the official hinted at some key points of the draft bill. According to him, the new rules will include mandatory compliance with the crypto-exchange procedures "know your customer" (KYC), as well as keeping a strict record of all transactions.
US special services seized from merchants of darknet crypto-currencies worth $ 20 million
The large-scale special operation of the Department for Combating Drugs (DEA) and other US services ended in a wave of detentions of drug traffickers throughout the country. Agents undercover registered accounts in darknet services and offered money laundering services using cryptocurrency. As a result, they managed to reach the track of several large traders of prohibited goods, including narcotic substances.
In total, law enforcement agencies brought in more than 90 criminal cases and confiscated a huge number of drugs, weapons, including one grenade launcher, large amounts of cash, gold, cryptocurrency, and equipment for mining. Only one bitcoin was seized 2000 BTC. The total amount of the confiscated cryptocurrency was $ 20 million in US dollars. Now, after the relevant court decision, they will be put up for auction by the Federal Marshals Service.
The large-scale special operation of the Department for Combating Drugs (DEA) and other US services ended in a wave of detentions of drug traffickers throughout the country. Agents undercover registered accounts in darknet services and offered money laundering services using cryptocurrency. As a result, they managed to reach the track of several large traders of prohibited goods, including narcotic substances.
In total, law enforcement agencies brought in more than 90 criminal cases and confiscated a huge number of drugs, weapons, including one grenade launcher, large amounts of cash, gold, cryptocurrency, and equipment for mining. Only one bitcoin was seized 2000 BTC. The total amount of the confiscated cryptocurrency was $ 20 million in US dollars. Now, after the relevant court decision, they will be put up for auction by the Federal Marshals Service.
Dear friends, I would like to introduce my partner's project!
Gaus Trade is a worldwide blockchain marketplace for buying new vehicles directly from the manufacturer with discounts of up to 30%.
Key benefits for the Customers:
1) Economy
Retail price reduction of up to 20-30%
2) Efficiency
Decreased vehicle delivery times, due to less intermediaries in the chain
3) Safety
Safety of transactions thanks to smart contracts, which are blocked on the customer's account until vehicle delivery
4) Facility
Ability to pay for new vehicles in cryptocurrencies
Key benefits for the Automakers:
1) Sale per order
Warehousing costs will decrease thanks to the just-in-time (JIT) manufacturing process,
2) Growth of revenues
Thanks to our infrastructure, automakers will be able to accept the most popular cryptocurrencies as payment.
3) Loyalty
Rise of customer loyalty towards the brand thanks to a transparent vehicle pricing model
4) Marketplace
Fully operational system for selling new vehicles
Gaus Trade is preparing to sell the first Mercedes-Benz vehicles with a discount of 30%. The vehicles will be sold using the Gaus Trade platform, a blockchain-based vehicle marketplace.
By using Gaus Trade, any buyer can order a new vehicle directly from the manufacturer, thus bypassing dealers and other intermediaries. As a result, the vehicles will be 30% cheaper in comparison with their retail prices. It will be possible to use both fiat and popular cryptocurrencies as means of payment.
The Gaus Trade team has already developed an Alpha version of the product with a payment gateway, which will allow the purchase of the first new Mercedes-Benz vehicles for fiat or cryptocurrencies via the GAUS Token. The vehicles can be claimed in Hamburg within 3 working days from the date of payment. Interested individuals can buy the vehicles regardless of their place of residence by using the Gaus Trade platform.
Alpha release: 7 July
ICO round A: 19 July
Hard Cup: 20 mln$
Total Emission: 500.000.000 GAUS
White List bonus: 25%
Gaus Telegram - t.me/gauschat
Gaus Trade is a worldwide blockchain marketplace for buying new vehicles directly from the manufacturer with discounts of up to 30%.
Key benefits for the Customers:
1) Economy
Retail price reduction of up to 20-30%
2) Efficiency
Decreased vehicle delivery times, due to less intermediaries in the chain
3) Safety
Safety of transactions thanks to smart contracts, which are blocked on the customer's account until vehicle delivery
4) Facility
Ability to pay for new vehicles in cryptocurrencies
Key benefits for the Automakers:
1) Sale per order
Warehousing costs will decrease thanks to the just-in-time (JIT) manufacturing process,
2) Growth of revenues
Thanks to our infrastructure, automakers will be able to accept the most popular cryptocurrencies as payment.
3) Loyalty
Rise of customer loyalty towards the brand thanks to a transparent vehicle pricing model
4) Marketplace
Fully operational system for selling new vehicles
Gaus Trade is preparing to sell the first Mercedes-Benz vehicles with a discount of 30%. The vehicles will be sold using the Gaus Trade platform, a blockchain-based vehicle marketplace.
By using Gaus Trade, any buyer can order a new vehicle directly from the manufacturer, thus bypassing dealers and other intermediaries. As a result, the vehicles will be 30% cheaper in comparison with their retail prices. It will be possible to use both fiat and popular cryptocurrencies as means of payment.
The Gaus Trade team has already developed an Alpha version of the product with a payment gateway, which will allow the purchase of the first new Mercedes-Benz vehicles for fiat or cryptocurrencies via the GAUS Token. The vehicles can be claimed in Hamburg within 3 working days from the date of payment. Interested individuals can buy the vehicles regardless of their place of residence by using the Gaus Trade platform.
Alpha release: 7 July
ICO round A: 19 July
Hard Cup: 20 mln$
Total Emission: 500.000.000 GAUS
White List bonus: 25%
Gaus Telegram - t.me/gauschat
Huobi and JD Cloud signed a cooperation agreement for the development of cloud services using a blockchain
JD Cloud, a subsidiary of China's largest online store JD Group, is partnering with Huobi's crypto exchange to explore technology solutions in the field of cloud computing.
The companies signed an agreement on strategic cooperation for the joint development of software based on the blockchain, with an emphasis on the areas of financial services, the Internet of things and supply chains. Also, both firms will strive to explore technologies such as homomorphic encryption, Lightning Network, and other algorithms.
JD Cloud, a subsidiary of China's largest online store JD Group, is partnering with Huobi's crypto exchange to explore technology solutions in the field of cloud computing.
The companies signed an agreement on strategic cooperation for the joint development of software based on the blockchain, with an emphasis on the areas of financial services, the Internet of things and supply chains. Also, both firms will strive to explore technologies such as homomorphic encryption, Lightning Network, and other algorithms.
The world-famous Purse Blockchain launches a new service for institutional investors
Blockchain launches an over-the-counter platform for institutional investors. The trading platform will be called Blockchain Principal Strategies and will be available only for investment funds, companies, and individual investors.
Also, users of the new site will be able to invest in the proposed investment portfolios, which will be managed by world-class analysts such as Goldman Sachs, JP Morgan, and UBS.
In addition, BPS will directly invest in shares of promising start-ups.
Still, Blockchain plans to create educational programs for training and improving the skills of investors.
Blockchain launches an over-the-counter platform for institutional investors. The trading platform will be called Blockchain Principal Strategies and will be available only for investment funds, companies, and individual investors.
Also, users of the new site will be able to invest in the proposed investment portfolios, which will be managed by world-class analysts such as Goldman Sachs, JP Morgan, and UBS.
In addition, BPS will directly invest in shares of promising start-ups.
Still, Blockchain plans to create educational programs for training and improving the skills of investors.
Kraken accuses Bloomberg of manipulating the market for bitcoin futures
The Kraken currency exchange responded to Bloomberg's article published on June 29 stating that manipulations with Tether (USDT) have been noticed on the exchange. The materials of Bloomberg provide a statistical summary of trade transactions in which small orders with the same amount are repeated with a certain frequency. According to the author of the article, these transactions were unlikely to be committed by people.
In response to allegations that the exchange is involved in market manipulation, Kraken's representatives suggested that Bloomberg has its incentives to write such "exposures", namely, the closure of the bitcoin futures on June 29 with a settlement date of July 5 at the CME. Kraken suggests that the article could be written to order and adversely affect the cost of bitcoin.
The American Currency Exchange also states that it does not have such high daily trading volumes to affect the Tether (USDT) rate.
The Kraken currency exchange responded to Bloomberg's article published on June 29 stating that manipulations with Tether (USDT) have been noticed on the exchange. The materials of Bloomberg provide a statistical summary of trade transactions in which small orders with the same amount are repeated with a certain frequency. According to the author of the article, these transactions were unlikely to be committed by people.
In response to allegations that the exchange is involved in market manipulation, Kraken's representatives suggested that Bloomberg has its incentives to write such "exposures", namely, the closure of the bitcoin futures on June 29 with a settlement date of July 5 at the CME. Kraken suggests that the article could be written to order and adversely affect the cost of bitcoin.
The American Currency Exchange also states that it does not have such high daily trading volumes to affect the Tether (USDT) rate.
Iranian authorities block websites of crypto-exchange exchanges
Citizens of the country report problems with access to sites of crypto-exchange trading platforms, such as Binance, Blockchain, and LocalBitcoins. Even the use of VPN services and other circumvention methods do not help to cope with the problem.
Local residents use bitcoin and another cryptocurrency for hedging, as the Iranian rial is subject to hyperinflation because of US sanctions. Iranians are easier to buy digital assets than to try to find dollars or other currencies on the black market.
It is noteworthy that the Iranian authorities did not issue any official prohibitions and did not make statements regarding crypto-exchange exchanges, exchanges and traders.
However, local crypto-enthusiasts are not discouraged and continue to trade P2P coins for cash.
Citizens of the country report problems with access to sites of crypto-exchange trading platforms, such as Binance, Blockchain, and LocalBitcoins. Even the use of VPN services and other circumvention methods do not help to cope with the problem.
Local residents use bitcoin and another cryptocurrency for hedging, as the Iranian rial is subject to hyperinflation because of US sanctions. Iranians are easier to buy digital assets than to try to find dollars or other currencies on the black market.
It is noteworthy that the Iranian authorities did not issue any official prohibitions and did not make statements regarding crypto-exchange exchanges, exchanges and traders.
However, local crypto-enthusiasts are not discouraged and continue to trade P2P coins for cash.
Coinbase is working to create a system for supervision and monitoring of crypto-currency transactions
The largest American company that provides a lot of services in the cryptocurrency area. Coinbase has already developed a wide range of products for institutional investors: Coinbase Custody, Coinbase Markets, Coinbase Institutional Coverage Group and Coinbase Prime, and continues to expand its services.
The company thus plans to attract at least $ 10 billion to the market.
The new service, Coinbase Trade Surveillance Program, will analyze the market for suspicious transactions, pampas, dumps, manipulations, etc. to protect the assets of large players.
The new project will be headed by Peter Elkins, former head of the stock exchange of New York.
Gemini, owned by the Winkles brothers, back in April began working on a similar service in collaboration with Nasdaq. SMARTS market monitoring technology Nasdaq is used to monitor all Gemini trading pairs. This technology is also used by VCTRADE, the new Japanese crypto exchange.
The largest American company that provides a lot of services in the cryptocurrency area. Coinbase has already developed a wide range of products for institutional investors: Coinbase Custody, Coinbase Markets, Coinbase Institutional Coverage Group and Coinbase Prime, and continues to expand its services.
The company thus plans to attract at least $ 10 billion to the market.
The new service, Coinbase Trade Surveillance Program, will analyze the market for suspicious transactions, pampas, dumps, manipulations, etc. to protect the assets of large players.
The new project will be headed by Peter Elkins, former head of the stock exchange of New York.
Gemini, owned by the Winkles brothers, back in April began working on a similar service in collaboration with Nasdaq. SMARTS market monitoring technology Nasdaq is used to monitor all Gemini trading pairs. This technology is also used by VCTRADE, the new Japanese crypto exchange.
The Australian government concluded an agreement with IBM in the field of blockchain for $ 740 million
Under the terms of the contract, the company will provide technical support to the country in the field of blockchain over the next few years, in particular, to provide services related to blockchain technology and the automation of government departments, such as the Ministry of Internal Affairs and the Ministry of Defense.
The deal will help state agencies of Australia to safely store personal data of citizens. In addition, despite the impressive amount of the agreement, which is 1 billion in Australian dollars, the government will save about 100 million AUD compared to using traditional systems.
According to the contract, IBM and the Australian Agency for Digital Transformation will conduct a joint program, which uses innovative technologies such as blockchain, artificial intelligence, and quantum computers. Thanks to this, Australia plans to "enter the top 3 world digital governments by 2025".
The storage of information on the blockchain is already being used in a wide variety of industries around the world. The distributed registry is used to store historical data, historical materials, etc. However, this transaction, of course, stands out from the general picture by the scale of both the idea itself and the parties involved in it.
Under the terms of the contract, the company will provide technical support to the country in the field of blockchain over the next few years, in particular, to provide services related to blockchain technology and the automation of government departments, such as the Ministry of Internal Affairs and the Ministry of Defense.
The deal will help state agencies of Australia to safely store personal data of citizens. In addition, despite the impressive amount of the agreement, which is 1 billion in Australian dollars, the government will save about 100 million AUD compared to using traditional systems.
According to the contract, IBM and the Australian Agency for Digital Transformation will conduct a joint program, which uses innovative technologies such as blockchain, artificial intelligence, and quantum computers. Thanks to this, Australia plans to "enter the top 3 world digital governments by 2025".
The storage of information on the blockchain is already being used in a wide variety of industries around the world. The distributed registry is used to store historical data, historical materials, etc. However, this transaction, of course, stands out from the general picture by the scale of both the idea itself and the parties involved in it.