Category Archives: Cryptocurrency News

US Air Force has signed $ 779,000 contract with Chainalysis

The US Air Force has signed a third contract with Chainalysis to obtain a “cryptocurrency data subscription.” They are used to track supply chains. The agency has allocated $ 779,740 for services under a contract that is dated May 19, 2020, and follows two other contracts completed in the previous two years. Collectively, the BBC has already spent $ 900,000 on analytical services from Chainalysis. There are no details about the services used in the…

BitGo will start providing custody services to the Japanese exchange Bitgate

BitGo will provide cryptocurrency cold storage services to the Japanese marketplace Bitgate to ensure the security of digital assets. Bitgate management announced that it has decided to use the BitGo service to meet the new requirements set by the Japan Financial Services Agency (FSA). On May 1, new laws to regulate the cryptocurrency industry came into force in Japan – the Payment Services Act (PSA) and the Financial Instruments and Exchanges Act (FIEA). According to…

Bitcoin ABC Developers Will Fork Bitcoin Cash In November

The Bitcoin Cash blockchain is preparing for a split: Lead developer Amaury Sechet is set to launch its own fork of the coin on November 15. “Bitcoin ABC and Amaury Sechet announced that they will launch their own fork on November 15th. We wish them the best of luck with the new coin and thank you for giving the coins to all BCH holders, ”Bitcoin Cash co-founder Roger Ver tweeted. Disagreements arose over a proposal…

Zcash Developers Has Published Code For New Version Of Halo 2 Zero Knowledge Proof

Electric Coin Company has released the code for Halo 2, an updated zero knowledge proof of Zcash that removes the need for a trusted install. According to a blog post, the private cryptocurrency developer Zcash Electric Coin Company (ECC) has released the source code for Halo 2, an updated and more efficient version of ECC’s recursive evidential composition that removes the need for a trusted setup for Zcash. Halo 2 also has a promising scaling…

Binance Announces Binance Smart Chain Mainnet Launch

Binance Chain Developers Launch Binance Smart Chain Mainnet with BNB Staking and Decentralized Finance (DeFi) Application Development. The developers published the Binance Smart Chain White Paper in April 2020. The Binance Smart Chain is the Binance Chain sidechain to support smart contracts. Before deploying the main Binance Smart Chain, the developers launched a test network, checking the security of its interactions with various blockchains, as well as conducting stress tests using competitions. With Binance Smart…

Bermuda government is testing BMDT stablecoin

The Bermuda government has announced that it has begun testing the Bermudian Dollar Token (BMDT) digital currency pegged to the Bermuda dollar. Denis Pitcher, chief financial adviser to the Prime Minister of Bermuda, said the BMDT would be used to distribute financial aid to the public. The development of this stable cryptocurrency has been carried out since the end of last year by the startup Stablehouse. The authorities intend to examine whether Bermuda residents will…

An anonymous researcher accused Ethereum miners in manipulating transactions for arbitrage on DeFi

An anonymous researcher under the pseudonym Frank Topbottom accuses Ethereum miners of arbitrarily including transactions in blocks to manipulate transactions in DeFi. The researcher believes that with the development of the decentralized finance (DeFi) industry, the likelihood of manipulating data on the blockchain for profit only increases. This can be explained by the fact that miners are free to decide which transactions they can process and in what order. This practice is called “miner extractable…

Chainlink acquired privacy-focused DECO oracle protocol

Chainlink has acquired the privacy-focused DECO oracle protocol created by developers at Cornell University and is also working on the project’s second White Paper. DECO was co-authored with Ari Juels, former chief scientist at RSA, a digital security company. He will now hold a similar position at Chainlink Labs. Jewels, who also teaches at Cornell University, developed DECO with other developers. Chainlink co-founder Sergei Nazarov and Jewels have started to create the second White Paper…

CipherTrace created tools to track Monero transactions commissioned by the US government

The developers of CipherTrace have presented a set of tools for tracking transactions with the Monero cryptocurrency (XMR). The tools will be used by the United States Department of Homeland Security (DHS). CipherTrace executives explained that the firm’s end-to-end solution will enable analysts to search and monitor XMR transactions. The company has been working on the creation of the tools for a year, working with DHS’s R&D department. According to the GovTribe, CipherTrace received $…

BVV: over 95% of cryptocurrency futures trading volume is on Asian exchanges

Asian exchanges account for more than 95% of cryptocurrency futures contracts trading volume, according to a new report by Swiss company Blockchain Valley Ventures (BVV). As BVV states in its report, Asian exchanges account for 95% of cryptocurrency futures trading, while Huobi, Binance and OKEx have surpassed BitMEX to become the leading spot and derivatives markets. At the same time, 83% of the trading volume for cryptocurrency derivatives is carried out on six exchanges, and…