Month: October 2018

Blockchain news

Ernst & Young Launched ZKP-System for Private Transactions in the Ethereum Network

Ernst & Young (EY), a “Big Four” British audit and consulting company, announced the launch of a ZKP-based (zero-knowledge proof) system that allows you to make secure private transactions in the Ethereum network. ZKP-technologies allow companies to create and sell their products and services in a public blockchain, while transaction data remain private. EY Ops Chain Public Edition (PE) will allow companies to make private transfers of payment tokens, products and services similar to the standards of Ethereum ERC-20 and ERC-721, without breaking the public network consensus algorithm. The development of the solution involved EY blockchain labs in London and

News

South Korea’s Regulator: Cryptoexchanges And Banks Can Cooperate Without Issues

While North Korea follows the denuclearization policy, their neighbors from South Korea seriously angling on the crypto industry. The Chairman of FSC claims that cryptoexchanges must not face the issues in a cooperation with banks. In Commission’s statement was clarified that the bank support will be provided only on the condition when exchanges will have adequate anti-money laundering policy and their clients will be identified by Know-Your-Customer checks. Notably, Korean banks have provided cryptoexchanges and traders with virtual accounts and with a high level of anonymity. In January, South Korean cryptoexchange operators were provided with a new set of guidelines

Altcoin news

Two Leading Brazilian Banks Reopen Accounts To Exchange Tokens With No Fees

The two largest banks in Brazil – Banco do Brasil and Santander Brasil – are finally obliged to open their accounts to conduct operations with cryptocurrency assets that were previously blocked. One of the local crypto-exchangers, Bitcoin Max, sued the banks for illegal actions to freeze assets and increase commissions and won the case in full. According to the Brazilian edition of Portalo do Bitcoin, citing sources in banks, the Bitcoin Max platform gained access to its corporate accounts, as well as to the frozen funds of customers. The São Paulo State Court supported the plaintiffs of the crypto-exchanger, referring

News

Binance Froze Accounts Allegedly Used for Money Laundering from the WEX

The Binance cryptocurrency exchange froze accounts that are supposedly used to launder money from the WEX exchange. This was announced by Changpeng Zhao, founder and CEO of Binance on his Twitter account. Long ago, since 2011, there was a cryptocurrency exchange called BTC-E. In 2017, a citizen of the Russian Federation Alexander Vinnik was detained in Greece on suspicion of laundering more than 4 billion dollars with the help of BTC-E. After some time, the FBI officers seized the equipment and froze the BTC-E accounts. So the history of BTC-E ended ingloriously in 2017. Or not? After that, the WEX

Bitcoin news

BloomChain Report: EOS and XRP Minute Of Fame

Investments in cryptocurrencies are very widespread activities in recent years. Many investors want to get the maximum amount of information to understand what are the best assets for their investment. BloomChain Report: who is the best and where to invest? It is difficult to create the full and bright overview of a cryptocurrency market. Nevertheless, an information and analytical portal BloomChain has prepared a detailed cryptocurrency report for Q3 2018. Research results clearly determine the current situation on a market, highlighting all positive and negative sides of digital assets. The first factor worth mentioning is a significant drop in the

Altcoin news

Ledger Cryptowallet To Support Stablecoins

The well-known cryptocurrency wallet Ledger continues to expand its ability to store digital assets. The development team plans to increase the volume of the unit for storing such stablecoins as Tether and Carbon. As stated in the company’s press release on October 29, Ledger hardware capabilities will be expanded to meet the needs of users from China and South Korea. According to the head office of Ledger in the Asia-Pacific region, Benjamin Sun, even high price volatility did not affect the demand for the coin, more interest from users even increased in the last two months. Currently, Tether is supported

Altcoin news

Petro Can Now Be Purchased for BTC and LTC

Venezuela’s national cryptocurrency, Petro, can now be purchased for BTC and LTC, according to a tweet from the country’s economic department. You can buy Petro on the official website or on six cryptocurrency exchanges approved by the government. According to Sunacrip (the National Superintendence of Cryptoassets and Related Activities), these are the Bancar, Afx Trade, Cave Blockchain, Amberes Coin, Cryptia and Criptolago. According to Petro’s Twitter, you can pay for the purchase of Venezuelan cryptocurrency also in ETH and Dash, although the National Cryptocurrency Association mentions only BTC and LTC. According to Joselit Ramirez, superintendent of Sunacrip, the first buyers

Blockchain news

The Blockchain Integration Into The Nasdaq Services: Microsoft To The Rescue

When world giants have kept pace with modern technologies – it is always interesting. Microsoft Corporation has announced that they are going to integrate their blockchain Azure into the Nasdaq services. Big Guys Do Not Fear Blockchain The main feature of the new cooperation between Microsoft and the Nasdaq is the development of compatibility function of both blockchain platforms. It will significantly ease the working process of registers. Moreover, due to the integration of Azure blockchain the processes like an alignment process, delivery management, and transactions will be improved. According to the press-release, NFF users will use different nodes of blockchain

Blockchain news

Bank of America Patents A New Blockchain With Additional Keys Protection

The largest US financial-banking conglomerate, Bank of America, plans to introduce a special application based on blockchain technology into its system. It will allow bank managers to save data and transmit an information through secure channels. Innovation will allow the use of high-level security with the presence of the register for additional protection against hacking or attempts to steal any information. As stated in the US Patent and Trademark Office (USPTO) application, Bank of America wants to improve the system of open and closed registers. The new blockchain will allow the banking conglomerate to use its capabilities to provide any commercial, banking

Blockchain news

JD.com Launches Blockchain Research Lab

Jingdong Mall (JD), one of the largest Chinese companies in the retail e-commerce sector, began working with the New Jersey Institute of Technology (NJIT) and the Institute of Software at the Chinese Academy of Sciences (ISCAS) to create a joint research laboratory for the blockchain technologies. The main tasks of the laboratory are to improve the efficiency and stability of the technology, expanding possible fields of application, creating new consensus protocols, protecting the privacy and security of decentralized applications. The lab will be led by Dr. Jian Pei, president of JD Big Data and Smart Supply Chain, Dr. Qiang Tang

Bitcoin news

New Zealand State Fund To Finance Vimba Blockchain Development

One of the leading government projects in New Zealand, Callaghan Innovation, invests in the Internet project Vimba, which specializes in the implementation of blockchain technology and local crypto assets, more than $ 330 000. It is worth noting that Vimba has twice received funds for the development of crypto-sphere in New Zealand, and to justify the confidence of state structures of the country. For the first time, the project received about $ 250,000 on blockchain development of a number of ministries in order to simplify document management and transfer of information between departments. Six months ago, the Ministry of Finance

News

Bitfinex Introduced a Beta Version of its New Mobile Application

Bitfinex introduced a beta version of its new mobile application for iOS and Android. The developers completely rewrote the application, retaining the capabilities of the previous version and adding new ones to bring the functionality closer to the exchange website. The application has two landing pages for trading and for funding. Widgets on each page can be tailored to the individual needs and preferences of the user. Among the widgets: orders, margin positions, preferred trading pairs, order history, and the like. The design of the application is also adapted for horizontal position. One account can be simultaneously used in applications

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