TOP-10 events in the world of crypto-currency and lock-up, for the week from September 24 to September 30

The most important news of the world of last year's crypto currency is the request of the leading Bitmain Mining Company to conduct an IPO and the growth of the Bitcoin Cash rate, the release of the Cole stablcoin by Circle, the new rules for listing Crypto-currency at Coinbase and other key events of the week from September 24 to 30,

The course of bitcoin and the state of affairs in cryptology

Over the past seven days, the first crypto currency lost 1.22% in price and at the time of publication, with a capitalization of $ 114.7 billion, is traded around $ 6,635.

During this week, bitcoin survived as a decline, retreating at a certain stage to a mark of about $ 6,300, and soaring, rising to a peak moment on Friday at the Bitfinex exchange to $ 6,828.

Note that in the week the volume of the Tether USDT market offer increased by $ 12.89 million, having entered Bitfinex, however this time the "quantitative easing" at the price of the first crypto currency was not affected positively.

Of the top ten CoinMarketCap, only two assets showed positive dynamics at the end of the week: Bitcoin Cash and XRP. The second rose in price by 6% and currently trades around $ 0.604477, having managed to bypass the capitalization of Ethereum again at the end of the week.

Bitmain filed an official application for an IPO

On Wednesday, September 26, the largest mining company Bitmain submitted a listing application for an initial public offering (IPO) to the Hong Kong Stock Exchange (HKEX) for consideration. The application is a draft option, and some of its details, in particular the number of shares offered for sale and the immediate date of the IPO, are still in the process of editing.

The application was accompanied by the disclosure of the financial condition of the company, and here you can meet a number of interesting figures. What are the financial indicators of Bitmain before the IPO and how the company's exit to the stock exchange can affect the overall state of the crypto-currency industry, you can find out in the material .

In addition to submitting an official request for an IPO, Bitmain introduced Antminer DR3 for Decred production this week. The computing power of the miner is 7.8 TH / s, and the power consumption is 1400 watts.

Let's add that another Chinese manufacturer of mining equipment Ebang revealed details about the new line of E11 devices, which became known last month. In particular, based on the 10-nm technical process Ebang E11 miners can reach 44 TH / s.

Bakt's crypto-exchange platform will launch futures with physical supply of bitcoins

Bakkt's crypto-exchange platform, which is being launched , announced that its first products will be futures with physical supply of bitcoins, which can be purchased for three denominations:

• U.S. dollar,
• The British pound,
• Euro.

The launch of Bakkt is carried out by the operator of the New York Stock Exchange (NYSE) Intercontinental Exchange (ICE) in partnership with Microsoft, Starbucks and BCG. The platform will allow users and institutional investors to buy, sell and store digital assets in the global ecosystem, was announced in August this year.

Also, Bakkt will include federally regulated exchanges, custodian services, applications for merchants and users. Bitcoin, as the most liquid crypto currency, will be the first in the listing of the new platform and will be traded in pairs with fiat currencies.

Growth of quotations Bitcoin Cash

Bitcoin Cash has demonstrated significant growth during the week. The reasons for the rapid growth against the backdrop of a stagnating market was the receipt by the Gemini exchange of approval from the New York regulators for listing this crypto currency, as well as the news of Bitmain filing an application for an IPO. As you know, the Chinese company is a large holder of BCH.

So, immediately after this news, the price of Bitcoin Cash grew by more than 18% during the day, but even with further correction, the weekly growth was almost 10%. On peak figures in the middle of the week Bitcoin Cash climbed to $ 575, and at the time of publication on Sunday with a capitalization of $ 9.3 billion is traded around $ 540.

New USD Coin stubble from Circle and Poloniex

One of the most important news of the week was the launch of the USD Coin (USDC) stiblock. Circle, the parent company of the Poloniex exchange, released it, where he started bargaining the next day.

Soon the USDC should also appear on a number of crypto-exchange exchanges , including decentralized sites. In particular, the Circle message lists DigiFinex, CoinEx, KuCoin, OKCoin, Coinplug and XDAEX

USDC was developed with the help of the CENTER consortium, affiliated with the company, and is intended to be a way to easily move tokens in dollars in public lockouts. Individuals and organizations can use this service for deposits in US dollars from bank accounts and convert them into USDC. Also, these tokens can be withdrawn back to bank accounts.

"This will allow millions of retail and institutional investors around the world to use a transparent and stable crypto currency to trade against hundreds of different crypto assets," the Circle blog says.

The Waves plug-in platform activated smart contracts for the main network

On Wednesday, September 26, Waves announced that after the support of the new functionality from the side of the miners, the first phase of smart contracts was activated in the core network and is now available to developers.

A new system protocol for the activation of smart contracts in the main Waves network was released on September 10. With their help, the developers have the opportunity to implement various functions within the so-called smart accounts, including addresses with multi-signature, tokens freeze, atomic swaps, voting and oracles.

At the next stage, the Waves team will start implementing Turing-complete smart contracts that will provide a much wider range of functions for the Waves ecosystem.

Block Red Belly was able to achieve a throughput of 30,000 transactions per second

Developed by the State Association of Scientific and Applied Research (CSIRO) and the University of Sydney, the Red Belly blockade demonstrated the throughput of 30,000 transactions per second.

Testing was carried out on the basis of the cloud services infrastructure Amazon Web Services (AWS). In previous tests, this blocker demonstrated much more impressive results – up to 660 thousand transactions per second, which is ten times higher than the performance of the Visa payment system. However, at that time the experiment was conducted on the basis of a local network of 300 machines.

The last test was conducted on the basis of 1000 virtual machines from 14 geographical regions, among which countries:

• North America,
• Europe,
• South America,
• The Asia-Pacific region.

Coinbase outlined the rules for placing new crypto currency

The Coinbase site presented the official rules for listing new digital assets, and also suggested to the project creators a tool through which they can submit relevant applications.

With this shift in the process, our customers can expect the most high-quality assets over time. If you have developed a new digital asset, and it has passed an independent legal and security review, apply to your asset list on Coinbase today: https://t.co/sIXzqXAuiu pic.twitter.com/YoTDkWtt3E

– Coinbase (@coinbase) September 25, 2018

Representatives of Coinbase noted that their goal is to list all assets that comply with the internal standards of the site and local legislation, but due to the specifics of the country's laws, some assets added in the future may be available only to users of certain jurisdictions.

To apply for an asset, project representatives will need to fill out a special questionnaire. Simultaneously, the Coinbase team clarified that some assets can be added at its discretion even without filing a listing application.

Also this week, the California company launched services for beginners bitcoin-investors. They are: Coinbase Bundle, which allows you to invest in several crypto assets, Coinbase Asset Pages, which displays information on 50 leading crypto-currencies, as well as the educational service Coinbase Learn.

Launch of the decentralized exchange 0x version 2.0

The 0xProject team announced the launch of version 2.0 of the open protocol of the decentralized crypto exchange 0x. Development is a new system of smart contracts in the network Ethereum .

Developer 0x Will Warren noted that the first version of the protocol allowed using open liquidity pools and reducing the costs associated with trading. Version v2.0 opens new opportunities for developers, in particular, provides additional modularity and extensibility.

0x v2.0 is also responsible for accessing and exchanging all the ERC-20 and NFT standards tokens . The developers noted that new features of v2.0 are available for the first version of the 0x protocol.

Investments in block projects

Based in the Swiss Zug, SEBA Crypto AG, a start-up, attracted 100 million Swiss francs ($ 104 million) to create an adjustable crypto-currency bank. In the round of financing took part BlackRiver Asset Management and Summer Capital. On received means SEBA, which was founded by ex-employees of UBS, will develop traditional banking services for crypto companies and bitcoin-exchanges.

The California payment start-up Veem raised $ 25 million during the Series B financing round, led by the investment bank Goldman Sachs. Veem is a universal platform that supports both traditional solutions and block-based payments. According to the representatives of the startup, SWIFT is an obsolete technology "forty years ago", which has "high commissions and lost payments". Also, according to them, this technology is not transparent enough, unreliable and unsafe.

Representatives of the Dutch start-up Bitwala, intending to combine the traditional banking system with crypto-currencies, announced the receipt of $ 4 million in the next round of financing. The investors were the German venture company EarlyBird and the COPARION fund.

Earlier this year, Bitwala announced the reformatting of its business. The reason was the closure of her bank accounts and the stop of services related to the issue and maintenance of prepaid cards.

Venture company from Silicon Valley Andreessen Horowitz (a16z) invested $ 15 million in stencil maker MakerDAO (MKR). Owning tokens MKR will allow a16z to participate in the management of MakerDAO and Dai Credit System. In total, a16z acquired 6% of the total number of MKR coins. The purchase will allow the a16z to manage the MKR and the Dai Credit System, which seeks to become the first decentralized stand-alone stablcoin organization.

The German car manufacturer Porsche AG plans to increase investments to $ 176 million in blocking, AI and VR startups by 2023. The automaker will give priority to start-ups engaged in "user experience, mobility and digital lifestyle" at the junction of advanced technologies. Thus, the company intends to gain access to trends, new technologies and business models.