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Announced the launch date of the test network Binance Chain

The CEO of Binance, the largest in terms of trading volume, Changpeng Zhao, announced the date of the upcoming launch of the Binance Chain blockchain test network, which is the basis of the Binance DEX decentralized exchange. Finally got a date. Targeting to release Binance Chain testnet (@binance_dex) for public testing on Feb 20th. This is a testnet, your feedback would be most valuable. – CZ […]

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The CEO of Binance, the largest in terms of trading volume, Changpeng Zhao, announced the date of the upcoming launch of the Binance Chain blockchain test network, which is the basis of the Binance DEX decentralized exchange.

“Finally we have a date. The start of public testing is scheduled for February 20. It's about the test network, feedback is welcome, ” Zhao said.

Binance Chain is built on the Tendermint protocol from the Cosmos Network project. According to Zhao, the architecture of this protocol is most suitable for the tasks of the new site. The blockchain at the heart of Binance DEX will operate on the basis of the delegated share (Delegated Proof of Stake, DPoS) and the Byzantine Consensus (Byzantine Fault Tolerant, BFT).

Also, according to Zhao, Binance Chain is a fork of the Tendermint, in which "many things are cut out", including smart contracts. This is done to increase productivity, which is more important for exchange tasks than an abundance of opportunities.

The platform interface will allow projects to release tokens based on Binance Chain and “effectively carry out ICO”, attracting funds in BNB tokens.

Recall that on the eve of the Binance Coin token updated the historical maximum paired with Bitcoin at the level of 0.0026880 BTC.

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Service from CipherTrace monitors suspicious activity for 700 crypto assets

The analytical service CipherTrace began to track suspicious transactions for more than 700 crypto assets, CoinDesk reports. The updated platform now supports 87 of the top 100 assets, as well as ERC-20 standard tokens. The CipherTrace solution allows you to view the complete transaction history for each of the digital currencies available for tracking and set alerts for addresses marked as suspicious. The company sells its product […]

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The analytical service CipherTrace began to track suspicious transactions for more than 700 crypto assets, CoinDesk reports.

The updated platform now supports 87 of the top 100 assets, as well as ERC-20 standard tokens. The CipherTrace solution allows you to view the complete transaction history for each of the digital currencies available for tracking and set alerts for addresses marked as suspicious.

The company sells its product to government organizations and law enforcement agencies, as well as companies seeking to comply with increasingly stringent regulations.

“By only helping virtual asset services free networks from criminals and terrorists, can the industry achieve a level of trust that is sufficient for massive adoption ,” said CipherTrace CEO Dave Jevans.

Also, he said, previously many large sections of the cryptocurrency ecosystem remained opaque, which made it difficult to combat money laundering and the financing of terrorism.

Recall that in September CipherTrace launched the Scout application , which allows determining whether certain coins in the Bitcoin and Ethereum blockchains are connected with criminal activity.

In particular, the application identifies coins that could be used in illegal activities, including darknet purchases and ransomware attacks requiring ransom in cryptocurrencies.

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CME: The number of contracts for bitcoin futures in 2019 increased by 61%

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The Chicago Mercantile Exchange (CME) group on Monday presented a detailed report on the performance of its bitcoin futures market for the third quarter of this year.

According to the exchange, the number of active contracts compared to the same period last year increased by 61% – from 2,873 to 4,629. Despite the BTC price drop by 25%, the number of active contracts compared to the second quarter decreased by only 1%.

The average daily trading volume for CME bitcoin futures in the third quarter amounted to 5,534 contracts, up 10% compared to last year. The company notes that this value corresponds to 27,670 BTC or $ 289 million.

“Institutional flows remained strong. 454 new accounts were added against 231 in the third quarter of 2018, ”the exchange said.

The number of customers holding more than 25 bitcoins and ranked among large investors on this basis increased from 45 to 47 from the last quarter, while there were 34 of them a year ago.

About half of CME bitcoin futures trading in the third quarter was accounted for by users from the United States, 26% from the Asia-Pacific region, and 21% from Europe and the Middle East.

Last week, CME's head of alternative investments, Tim McCourt, said that the exchange hopes to attract no less interest in the upcoming options for bitcoin futures than in the futures themselves.

Publication date 10/15/2019
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CoinShares and Blockchain launch gold token on Bitcoin sidechain

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CoinShares, a company specializing in circulating asset management, together with Blockchain, a cryptocurrency wallet provider, as well as the Swiss company MKS, which provides precious metals trading services, introduced the DGLD token, secured by gold.

According to CoinShares, the launch of the network took place today, the project tokens are provided with $ 20 million in gold, which will be held in the Swiss store. Each DGLD token is supported by 1/10 troy ounce.

Danny Masters, a spokesman for CoinShares, noted that the new asset will function as a sidechain of the flagship cryptocurrency network. The token combines the stability of the world's most stable asset, that is, gold, and the security of the most reliable blockchain network, i.e. Bitcoin.

Masters also drew attention to the fact that DGLD owners can be calm about the fact that gold is physically stored in a reliable way in Switzerland, and at the same time take full advantage of a digital asset without resorting to the help of intermediaries, such as ETFs for gold.

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Name Price24H (%)
Bitcoin (BTC)
$8,162.79
-2.08%
Ethereum (ETH)
$179.57
-3.71%
XRP (XRP)
$0.289911
-2.27%
Bitcoin Cash (BCH)
$223.86
-1.17%
EOS (EOS)
$2.97
-5.33%
Stellar (XLM)
$0.064260
-1.44%
Litecoin (LTC)
$54.83
-3.73%
Cardano (ADA)
$0.039475
-4.79%
Tether (USDT)
$1.00
-0.05%
Monero (XMR)
$51.88
-2.21%
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