The leading Indian provider of a cryptocurrency wallet Zebpay, and until recently the largest platform for trading Bitcoin and other digital assets in this country, has registered a new office in Malta. This writes Quartz . Zebpay announced the closure of the digital asset exchange service caused by the restrictive policy of the Central Bank of India regarding cryptocurrencies, at the end of September. However, in less than a month, the company, which also has an office in Singapore, is ready to open a new exchange with a residence permit in Malta. As stated on the Zebpay website , the…
Author: BlockchainJournal
Cryptocurrency fever in Russia is gradually disappearing. This was stated by the head of the Central Bank of the Russian Federation Elvira Nabiullina on the Finopolis forum, writes NTV. She noted that over the past three years, Russia has experienced a rush around the cryptoindustry. “During this time, such technologies as the blockchain aroused insane enthusiasm, and, in our opinion, a more sober attitude to such technologies is beginning, ” said Elvira Nabiullina. The head of the Central Bank of the Russian Federation also added that recently digital technologies have become the norm of the modern world. “Digital finance is…
Trezor hardware cryptocell users experience problems accessing their ETH address when using the popular Myetherwallet (MEW) service . When you try to unlock the wallet, you receive the following error message : “TypeError: ArrayBuffer, Array, or Array-like Object. Received type undefined. Commenting on what is happening, a Trezor representative insists that the problem is on the side of MyEtherWallet and an error report has already been submitted to GitHub MEW. It turns out problems on the side of MEW appeared yesterday and in its recent message on Twitter, representatives of MEW advise to clean the cache, although it is possible…
A team of researchers at CryptoCompare has come to the conclusion that developers of 85% of cryptocurrency projects have the ability to make changes to the protocols at their discretion. In the Cryptoasset Taxonomy Report published this week, hundreds of cryptoactive assets were analyzed, and a “decentralization thermometer” was used to compile the appropriate classification. The latter pointed to the trend towards centralization of assets, headed by utility-tokens running on monitored servers. According to the researchers, 55% of existing assets can be called fully centralized, 30% – half centralized. Only 16% of cryptocurrency projects fell under the classification of decentralized.…
The world's largest crypto-exchange in terms of trading volume, Binance is working with a software provider, Chainalysis, to implement the compliance control tool. As part of the partnership, Chainalysis will provide crypto – exchange to its decision to “know your transaction” (Chainalysis KYT), which allows you to monitor cryptocurrency transactions in real time. The tool helps to track suspicious or potentially illegal activities by ensuring compliance with the KYC and AML procedures. As Binance Chief Financial Officer Wei Zhou noted, the company hopes that this step will inspire the crypto industry to take serious measures to combat money laundering and…
According to forecasts of the investment company Pantera Capital, by 2020 the market value of cryptocurrencies will increase tenfold. In an interview with Bloomberg, a representative of the investment company Joey Krug said that the impetus to the growth of the cryptocurrency market could provide a solution to the problem of scalability of the Bitcoin network . If developers solve this problem, then the likelihood of a sharp increase in demand for digital assets is high. The circle noted : All markets are focused on scalability. If you do not have it, you will not have the conditions for the…
The vast majority of cryptocurrency and blockchain projects on the market today are centralized in one way or another. At the same time, 85% of the development teams have the opportunity to make changes to the protocols at their discretion. This is the conclusion reached by analysts of the research unit of the portal CryptoCompare in its annual report, the systematization of the cryptocurrency sector . They analyzed hundreds of crypto assets to compile the appropriate classification. Among other things, when analyzing the market, they used a “decentralization thermometer”, which pointed to the centralization trend, primarily due to utility-tokens existing…
capacity The company Canaan Creative, the second largest manufacturer of equipment for the extraction of cryptocurrency , announced the release of a new ASIC miner AvalonMiner A911. At the summit of miners in Chengdu, China, AvalonMiner sales director Chen Feng said that the A911 will provide a hashing rate of 18TH / s with a consumption of 1,440 watts. At 1 TH / s the new flagship miner Canaan will spend 80 watts. Increased power and lower power consumption than the company's other flagship, the A921, are achieved by using the newly released 7-nm Canaan mining chip. In addition to…
At the moment, Bitcoin is trading at a price of $ 6,528. The BTC cryptocurrency, apparently, managed to maintain profit this week after a sudden surge of up to $ 7,200 before returning to around $ 6,700. Many analysts have come to the conclusion that the sharp surge in Bitcoin prices was caused by the massive sale of Tether cryptocurrency (USDT). It should be noted that the majority of altcoins supported a close correlation of prices with Bitcoin, probably due to arbitrage bots. The panic associated with Tether also showed a stablecoin price drop to around $ 0.87 before it…
The average daily trading volume of bitcoin futures on the Chicago Mercantile Exchange (CME Group) in the third quarter increased by 41%. In Q3, it was 19% over Q2. Learn how market participants are using BTC to manage risk in changing markets. https://t.co/Yt41SzsHku pic.twitter.com/Kw4OX0QaKT – CMEGroup (@CMEGroup) October 17, 2018 Note that the sum of open positions (OI) also showed a positive trend compared to the second quarter and grew by 19%, reaching 2,803 contracts. Recall the launch of bitcoin futures at CME took place on December 18, 2017. Subscribe to BlockchainJournal news on Facebook ! << aside id =…