The Blockchain Transparency Institute (Blockchain Transparency Institute) released a report analyzing the situation with the cryptocurrency trade from the beginning of the current year to April. As the authors of the study admit, they wondered what the “fake percentage” of the volume of cryptocurrency transactions was after the two Bitwise reports were issued. They say that, firstly, only 5% of world trade in cryptocurrencies exists in reality, and secondly, this does not affect the overall dynamics of the market. The Blockchain Transparency Institute said that they created an algorithm for calculating "non-existent or meaningless trading volumes." According to their data,…
Author: BlockchainJournal
The Tron blockchain team confirmed the launch of the SUN Network test network. The developers posted an announcement on Medium. It is reported that the update includes several solutions aimed at scaling the network, including DAppChain. The latter is intended to ensure the scaling of smart contracts TRON, which should significantly reduce energy consumption and increase the security of dApps. "In just 7 months on the network […]
Charlie Lee, the creator of Litecoin, said that mining Altcoin Litecoin will remain profitable even after the halving, which is expected in 55 days. Yesterday the LTC rate showed an increase of 12%, with the result that altcoin updated its annual maximum, reaching $ 129. Meanwhile, Charlie Lee hurried to explain to the representatives of the crypto community how much profit you can expect after the Litecoin hub is taking place. Litecoin block halving is in 56 days! https://t.co/EBWbsIUp47 Here are some stats on mining profitability. After halving, miners are still profitable with electricity under 10. Many are paying only…
The G20 Summit began with a good note for crypto-enthusiasts, as the managing director of the International Monetary Fund, Christina Lagard, pointed out the need to integrate financial products with the latest technologies. In her opinion, this will contribute to further progress in the current digital era. “Technology has always stimulated and will stimulate innovation in finance. The question is whether these innovations will benefit everyone or only the chosen ones. With the right treatment of the financial and technological sphere, the cost of using financial instruments may decrease, and millions of people will have the opportunity to improve their…
Coinbase, the largest US cryptocurrency company, included the DAI coin in the Earn educational program. Learn DAI, earn DAI. Starting today, Coinbase customers around DAI. https://t.co/Gq73Y6msgC pic.twitter.com/H9QEt6WmcH – Coinbase (@coinbase) 10 June 2019 р. DAI became the first steablcoin added to the Earn program. The latter allows Coinbase users to receive tokens and […]
The well-known cryptonews website CCN.com announced the closure after a significant reduction in the decline in mobile traffic. According to representatives of the news resource, the share of traffic from mobile devices declined by 71% soon after the June update of Google Core Update. “CCN was founded in the summer of 2013, its former name is CryptoCoinsNews. We existed for six years, being a kryptonovost site with the highest traffic. […]
Whales have become regular participants of the Bitcoin market (BTC) , often moving large amounts of the main cryptocurrency between exchanges , thereby arresting community interest. The market’s turbulent response to large-scale transactions leaves wallets with a relatively small BTC balance in the shadow. The latest report of the analytic company for cryptocurrency Longhash indicates a noticeable discrepancy between the Bitcoin addresses, which creates a kind of bottleneck. In a report referring to BitInfoCharts data, it is reported that over 18 million BTC addresses contained from $ 1 to $ 100. Longhash added that the reason for this kind of…
The countries of the G-20 consider that the current situation with cryptocurrency does not pose a threat to the world economy. This is stated in a communique issued on Sunday at the end of a two-day meeting of finance ministers and heads of G20 central banks in Fukuoka (Japan). Nevertheless, a number of risks associated with the use of this type of currency for criminal purposes, remains, representatives of the G-20 believe. The communique says: “Technological innovations, including those underlying cryptocurrency assets, can bring significant benefits to the financial system and the economy as a whole. Although cryptocurrency assets do…
Donald Trump's trade wars, protracted uncertainty over the expected UK exit from the EU (Brexit), and the looming threat of a global recession could be factors that in May revived activity in cryptocurrency markets, Bitcoinist writes. Against this background, traffic on the leading bitcoin exchanges , in particular, Binance and Coinbase, has noticeably increased. So, according to SimilarWeb, Binance Cryptobirth , which is one of the thousand most visited sites in the world, was visited by 42 million people in May. At Coinbase, the largest US cryptocurrency exchange, the figure was 35 million. The increased attendance in turn was converted…
Personal data of the clients of Russian OTP Bank, Alfa Bank and HCF Bank were freely available, Kommersant reports. Thus, the network got the names, phone numbers, passport data and information about the place of work of more than 900 thousand users. The database contains information about 55 thousand clients of Alfa-Bank, the database of clients of OTP-Bank – about 800 thousand people, and HKF-Bank – about […]