Report

The European Central Bank (ECB) published a report entitled “Understanding the phenomenon of cryptocurrencies, risks and measurement problems”, which notes the need for continuous monitoring of the development of the crypto industry. In particular, ECB experts pointed out the need to improve and expand the cryptocurrency transaction monitoring tools by the “community of central banks”. One of the main problems for monitoring the processes occurring in the world of digital currencies are serious gaps […]

Analytical firm Elliptic, employees of the Massachusetts Institute of Technology (MIT), and IBM corporation used methods to determine the share of criminal transactions related to the Bitcoin network. So, the researchers studied 203,769 transactions, the total cost of which amounted to about $ 6 billion. It turned out that only 2% of these transfers are related to illegal activities. The share of "net transactions" is 21%, and […]

The cryptocurrency platform Bakkt acquired the developer of custodial solutions DACC for $ 11 million. This follows from the analysis of the financial report of the parent company Intercontinental Exchange (ICE) for the second quarter, reports The Block. So, on the eighth page of the document the amount that ICE spent on the purchases of other companies over the course of six months is indicated – it amounted to $ 352 million. However, the report said that […]

The popular cryptocurrency exchange Bitfinex announced technical work, which is why the platform will be unavailable for some time on August 1. Their goal is called increasing the stability and scalability of the matching application engine. It will be possible to improve the safety of the engine. The upgrade will start at 9.30AM UTC and […]