South Korean Internet giant Kakao Corp has announced plans to launch a Klip crypto wallet.
The Klip crypto wallet developed by GroundX, a subsidiary of the Kakao blockchain company, will allow its users to store Klaytn tokens (Klay's native tokens), as well as other digital assets using the Klaytn blockchain protocol. It is known that on the page to attract attention to the new project, it is already said that Klip's partner tokens are assets from Airbloc, Pebble and Spin Protocol.
📣Klaytn Announces Crypto Wallet 'Klip'📣
Today, Klatyn's crypto wallet Klip's teaser website will open and we are happy to say we are one of the partners that is introduced first. https://t.co/bw4eM5fh2d #Hintchain #Klaytn #KakaoTalk #Cryptocurrency #Fintech #Blockchain
Hintchain (@hintchain) August 12, 2019
Han Zhe Sung, CEO of GroundX, noted that with the huge KakaoTalk user base, which as of June 2019 totaled 50 million users around the world, the decision to integrate the crypto wallet with the messenger is the solution to the issue of expanding the availability of cryptocurrencies. It is expected that the launch of the crypto wallet will take place before the end of this year.
In March, Kakao representatives announced their intention to conduct another ICO for Klaytn. Recall that for the first time, the company managed to attract $ 90 million of investor funds. The largest investors were Crescendo Equity Partners, Translink Capital, and IDG Capital. In the first month of summer, the launch of the Mainnet with the support of 9 decentralized applications took place, some large corporations, in particular LG Electronics, joined the project. Soon after the release, the GroundX development team noted that Klaytn's performance is 15 times that of the Ethereum network.
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 […]
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.
Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.
CME: The number of contracts for bitcoin futures in 2019 increased by 61%
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
Share this material on social networks and leave your opinion in the comments below.
CoinShares and Blockchain launch gold token on Bitcoin sidechain
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.
Bitcoin Cash (BCH)
News11 months ago
Cardano (ADA): cryptocurrency may fall below $ 0.07
News11 months ago
6 reasons for the growth of cryptocurrency until the end of 2018
News11 months ago
The number of registered Stellar users has grown by 500%.
News10 months ago
Bitcoin Price Analysis: Downward Path – Path of Least Resistance for BTC / USD
News9 months ago
The number of blockchain companies in Switzerland and Liechtenstein over the last year increased by 20%
News11 months ago
Bitcoin SV takes off to the 7th place in the CoinMarketCap rating
News8 months ago
What are FPGA miners for cryptocurrency mining? Comparison of FPGA, ASIC and GPU
News11 months ago
Cryptocurrency Circle (USDC) passed the audit check