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Bitcoin hashrate growth, fake volumes and other events of the week

In the traditional Sunday digest – Bitcoin continues to flat near the $ 4,000 mark, the hash rate has grown, Parity has released a new client for the ZCash network and other key events of the outgoing week. Flat without borders During the week, the weighted average rate of Bitcoin, according to CoinMarketCap, was in the range of $ 4,000- $ 4,095. At the same time, on Friday the trading volumes of the first cryptocurrency and steyblecoin USDT updated […]

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In the traditional Sunday digest – Bitcoin continues to flat near the $ 4,000 mark, the hash rate has grown, Parity has released a new client for the ZCash network and other key events of the outgoing week.

Flat without borders

During the week, the weighted average rate of Bitcoin, according to CoinMarketCap, was in the range of $ 4,000- $ 4,095. At the same time, on Friday the trading volumes of the first cryptocurrency and steyblecoin USDT updated their local maxima, reaching $ 11 billion and $ 10 billion, respectively. Market capitalization is still holding at $ 140 billion.

TradingView data

It is worth noting that over the past few days, two reports were immediately released on fake trading volumes on unregulated cryptocurrency exchanges: from The Tie platform and Bitwise Asset Management.

Thus, they independently concluded that more than 90% of the indicators were falsified and had no economic sense. It is noteworthy that Bitwise sent its presentation to the US Securities and Exchange Commission (SEC).

For more information about the scale of the problem and confidence in the CoinMarketCap can be found in the exclusive BlockchainJournal:

We also add that CoinMarketCap recently implemented support for the Fundamental Crypto Asset Score (FCAS) rating system for more than 400 assets.

In the meantime, the hashrate of the first cryptocurrency reached new local maxima, reaching 52.4 EH / s, but then adjusted to 43 EH / s.

Data Blockchain.com

At the same time, it became known that the mining giant Bitmain is in talks with farms from the provinces of Yunnan and Sichuan, and intends to place there about 200 thousand Antminer S11 / S15 devices against the background of a seasonal decline in hydropower. Nevertheless, it is still unclear exactly which networks will be used for power.

IEO skyrocketing

The success of the platform Binance Launchpad, apparently forced the market players to think about launching similar projects. So, the upcoming launch was reported by Kucoin and Huobi .

Two IEOs took place this week. In just five seconds, the LINIX project attracted $ 52.5 thousand to the South Korean ProBit and intends to hold another round. In addition, the exchange reported on three upcoming tokensaley.

On the leading platform from Binance , IEO of the Celer Network project took place , during which there was a problem with the capacity of Launchpad, which did not allow many people to purchase tokens.

Probably, in connection with this, the stock exchange decided to change the format of the next tokensale to a lottery in which the randomizer system will choose BNB holders who can acquire a new asset.

New client for ZCash

Parity, a leading developer of software for the Ethereum network, will introduce a client for the privacy-oriented cryptocurrency ZCash in partnership with the Zcash Foundation. The software of the node will be written in the Rust programming language and will become an alternative to the existing zcashd.

Another step towards mass adoption

This week, two large companies immediately announced the start of accepting Bitcoin payments: the largest online retailer in Switzerland, Digitec Galaxus, and technology solutions provider Avnet, which is on the Fortune 500 list.

At the same time, Digitec Galaxus also intends to directly accept Bitcoin Cash, Bitcoin SV, Ethereum, Ripple, Binance Coin, Litecoin, Tron, NEO and OmiseGO. Avnet also signed an agreement with BitPay processing.

Note, IBM and Stellar representatives reported that six large banks intend to issue blockchain World Wire based basechain systems (BWW), including the Brazilian Banco Bradesco, the South Korean Bank Busan, and the Philippine Rizal Commercial Banking Corporation.

At the same time, the payment giant Visa announced the creation of the Crypto Team and opened the vacancy of a technical product manager in the new department.

Advances in MtGox history

The trustee of the bankrupt Bitcoin exchange, MtGox, said that the creditors ’applications in the framework of the civil rehabilitation process have been reviewed and soon they will be notified of his decision.

As of March 20, the company stores 141,686 BTC and 142,846 BCH (a total of almost $ 600 million).

There is an opinion in the community that after the distribution of assets among creditors, massive sales will follow, but for the time being it is not possible to assess the risks involved.

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JPMorgan will start testing its stablemobile JPM Coin by the end of 2019

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JPMorgan Chase, the largest US banking institution, is preparing to begin testing its stemblecoin JPM Coin by the end of this year.

Umar Farouk, the head of blockchain development at the bank, spoke about the company's intention to initiate a pilot testing of steyblcoin with certain customers at the end of this year. This will be possible when the relevant regulators give the nod to it. Farooq said the company is watching the increase in interest from its international clients to the benefits that JPM Coin has to offer. Recall that the details of the project JPM Coin were disclosed in mid-February 2019.

Interestingly, JPMorgan Chase customers from the United States, Europe, and Japan expressed interest in exploring the capabilities of JPM Coin technology in speeding up transactions related to securities and stocks. Farooq noted that banking steablcoin technology really has the potential to realize the ability to instantly transfer shares through the blockchain. Faruk also drew attention to the fact that the bank is positively tuned to the use of tokenized and digital securities – in 5-20 years certain stocks will be represented in digital form.

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In Russia, you can allow the legal use of steblokoinov

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In Russia, you can allow the legal use of steyblkoinov

5 (100%) 1

In the State Duma allow the legal use of steyblkoinov in the Russian market. This was announced on June 24 during a press conference by the chairman of the lower chamber committee on the financial market, Anatoly Aksakov.

In particular, the legislator reported:

“As regards stablcoins, in principle, according to the formulations that are spelled out in the draft document prepared for the second reading, their use is possible. And we prescribed just at the request of the business. In the initial version of this was not. Then there was the appeal of the business. And we tried to prescribe so that this tool could be used, involved. "

According to Aksakov, the Central Bank of the Russian Federation also does not see any obstacles to the use of steyblcoins.

Recall that today the head of the State Duma Committee on the Financial Market also announced that the deputies will try to adopt a package of bills on regulating relations in the cryptocurrency industry by the end of July 2019.

Publication date 25.06.2019
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Review of cryptocurrency blockchain-casino FairPlay – registration, bonuses, reviews

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Review cryptocurrency blockchain-casino FairPlay – registration, bonuses, reviews

5 (100%) 24

FairPlay is the world's first licensed cryptocurrency casino with embedded integrity control on blockchain technology . The best games of the most popular genres are available for players – slots, roulette, card games and lotteries.

A distinctive feature of the project is the transparency of the game itself, carried out using the blockchain, quick deposits and instant payments. The number of games is more than 300 and is constantly updated.

To play on the Fairplay platform, the TPLAY token is used to conduct all settlements within the online casino. This token can be purchased for Bitcoin (BTC) or Ethereum (ETH) cryptocurrency.

Software. TruePlay Security

Fairplay is the first project implemented on the basis of TruePlay technology. The uniqueness of the product lies in the deep integration of the blockchain, in particular in the integrity control system.

Players can check the operation of the random number generator at any time, in which it is impossible to intervene from outside. Game content, of course, is optimized for mobile devices and tablets.

It is important to note that Fairplay provides its players with exclusively licensed content from the world's best game providers. The project operates under the auspices of the Kahnawake Gaming Commission.

Registration and starting bonuses

The first thing that catches your eye when entering the FairPlay website is an intuitive and user-friendly interface. The casino is not cluttered with meaningless and not informative banners or advertising of other projects. Each section of the site is accompanied by the most accessible descriptions of casino functionality.

On the Fairplay platform, simple registration is not time-consuming, and there is also the possibility of a free game for review. Also TPLAY – the casino's internal currency – is a convenient token, which stores a huge amount of information related to the control of honesty and the life cycle of players.

At Fairplay casino, registration on the site allows you to receive a welcome no deposit bonus in the form of 30 free spins. To receive the bonus, it is enough to create a single account in FairPlay / TruePlay, indicating the phone number and the current E-mail. Next you need to wait for the call operator. After confirming the data, the no deposit bonus will be activated.

The first four deposits will allow you to receive a deposit bonus at Fairplay casino:

  • On the first deposit, the bonus amount will be up to 100% of the deposit amount plus 30 free spins.
  • On the second deposit bonus up to 75% plus 30 free spins.
  • On the third deposit – up to 75% bonus plus 30 free spins.
  • On the fourth deposit – bonus up to 200% plus 50 free spins.

For deposit bonuses, a wager is x20. Bonus validity period is 5 days. Also in the section with bonuses can be found on the website Fairplay casino Promo Code, for which additional gifts are available. The casino site allows you to receive additional income from participation in the affiliate program.

Available games

In the "game room" casino FairPlay when choosing a gambling entertainment is convenient to navigate by category:

  • All games.
  • Slots – slot machines of different genres and with different percentages of payments.
  • Roulettes – various variations, including American, European, VIP and others.
  • Card – baccarat, blackjack and poker in various variations.
  • Video poker – 33 models of gaming machines with poker.
  • Lotteries – instant draws and other types of lotteries.

In addition to sorting games by these categories, you can search by game name and sort by manufacturers. The following providers act as providers of software on the casino site:

  • NetEnt.
  • Microgaming
  • Spinomenal.
  • iSoftBet.
  • Play'n GO.
  • Playson.
  • Betsoft.

Only people over 18 can play for money. Online slots have a training mode that allows you to play for free. However, for this you still have to register on the game portal. Also there are games with live dealers!

Does the casino fairplay bonus system?

Fairplay offers two types of bonuses to its players – one-time and periodical.

By one-time include :

  • First registration bonus: 100 TPLAY to the account
  • First Deposit Bonus: Up to 100% of the amount deposited by the player
  • Bonus of the first four deposits: increasing, up to 200% of the amount

Periodic (usually twice a week) promotions and offers :

  • Cashback – 10% or more
  • Free Spins – up to 200 free attempts
  • From 50% to 175% of bonus accruals on deposits, starting with the fifth

How to check casino honesty?

Usually, third parties are invited for inspections, people or legal entities for whom their own reputation is important. The casino went further, having connected to the TruePlay platform, which uses blockchain technology to guarantee fair gaming and fair calculations, you want to know more, read the review of casino volcano bet.

It works like this:

  • A person starts a game, the data on which (moves, bets, combinations, etc.) are recorded in blocks during the game.
  • These blocks are copied by random users of the system and stored on their personal PCs, and the users themselves do not even know what kind of data these are – betting results, casino balance, chances of winning the game or something else.
  • If someone wants to make changes to this data, he will need the consent of all holders of a copy of the necessary base.
  • The player can at any time check the data of the game session on third-party resources to make sure that they do not change.

What is TPLAY?

TPLAY Tokens is a special currency of casinos operating in the TruePlay system. Players do not bet in money, but in tokens – electronic casino “chips”. The transfer of the deposit to TPLAY is done automatically after the player is registered in FairPlay / TruePlay.

It is important to note that the player is registered at the casino partner. This was done so that in the future a player could use his account to play in other casinos cooperating with the service. Single account – a single personal account, a single currency for payments.

How to withdraw funds?

Withdrawals are carried out on the same wallet from which the deposit was made. Money transfer to TPLAY and back occurs automatically, which simplifies the withdrawal procedure. Now output is available only in Bitcoin, Ethereum and Skrill payment system. But in the near future, TruePlay promises to connect also other EPS and cryptocurrencies.

Withdrawals are made during the working day, although more often it takes a few minutes.

Anonymity and security

Given that the turnover of funds in a casino is cryptocurrency, and you can get a crypt anonymously, yes, the game in such a casino is safe. The registration data of the player is also protected – the casino does not trade the base of its subscribers. Malicious software is also missing.

Is the casino available on both the PC and the phone? mobile version

Yes. The site works correctly in all popular browsers on the PC and is correctly displayed on modern smartphones and mobile devices of recent years. For rest in your favorite game you do not need additional applications, everything works directly from the browser.

User Reviews and Opinions

The list of platform features based on user reviews:

  • The site is fast, advertising is not overloaded, the design is nice, UI convenient.
  • Works equally well on PCs and mobile devices.
  • Background information is written “for people”, and technical support knows its business.
  • Regular bonuses.
  • The project is supported by well-known gaming providers.
  • Large selection of games.
  • The site is developing, new providers and deposit methods are connected to it.
  • Operational withdrawal of funds to the player’s wallet.
  • The ability to make a minimum bet.
  • Blockchain provides anonymity of the player, fairness of the game and a guarantee of payments.
  • TruePlay technology is unique, which immediately attracted interest from gambling and cryptocurrency media, including Forbes magazine.

Publication date 25.06.2019
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Name Price24H (%)
Bitcoin (BTC)
$11,376.00
2.83%
Ethereum (ETH)
$309.46
-0.68%
XRP (XRP)
$0.461345
-0.48%
Bitcoin Cash (BCH)
$471.92
-0.63%
EOS (EOS)
$7.02
-2.75%
Stellar (XLM)
$0.124036
-3.16%
Litecoin (LTC)
$132.21
-2.13%
Cardano (ADA)
$0.094541
-2.36%
Tether (USDT)
$1.00
0.08%
Monero (XMR)
$114.07
-4.54%
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