Hackers attacked the New Zealand Stock Exchange and demand a ransom in Bitcoin

Cryptocurrency NewsBy 28/08/2020

The New Zealand stock exchange NZX has been under attack by hackers for the third day. To stop the attack, the attackers demand a ransom in bitcoins. Hackers overload the exchange’s communication channels and interfere with its normal operation. They stepped up their attack this morning and the NZX was unable to start trading on time. In addition, trading was closed for an hour on Tuesday and three hours on Wednesday. At the same time,…

DeFi protocol dYdX launches perpetual contracts for LINK / USD based on Heinlink oracles

Cryptocurrency NewsBy 27/08/2020

The dYdX decentralized exchange has launched perpetual contracts for the LINK / USD pair that receive price data from Chainlink decentralized oracles. The dYdX decentralized exchange has announced the launch of perpetual contracts for the LINK / USD pair. The new contracts will use prices for LINK / USD from Chainlink’s decentralized network of oracles, which provide on-net price data and are tamper-proof. Perpetual contracts are similar to futures contracts, whereby traders commit to buy…

The value of blocked assets in DeFi applications exceeded $ 7 billion

Cryptocurrency NewsBy 27/08/2020

The total value of assets blocked in DeFi protocols grew by 271% in two months and exceeded $ 7 billion. If the current growth rate is maintained, this figure will reach $ 27 billion by the end of the year. According to DeFi Pulse, today the value of assets locked in DeFi applications in dollar terms for the first time exceeded $ 7 billion, while almost 90% of crypto assets are locked in smart contracts…

Boston Fed and MIT will study 30 blockchains to deploy the digital dollar.

Cryptocurrency NewsBy 26/08/2020

Boston’s Federal Reserve Bank will study 30 blockchains for a digital dollar development initiative. The study is being conducted in collaboration with the MIT Digital Currency Initiative. Earlier this month, the Boston Federal Reserve Bank said it is actively testing the digital dollar, a tokenized version of the US dollar, in partnership with the Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI). The collaboration builds on previous research and aims to explore how the…

Power Ledger Announces Launch of Blockchain Platform for Renewable Energy Trading

Cryptocurrency NewsBy 26/08/2020

Australian company Power Ledger has announced the imminent launch of a blockchain platform for renewable energy trading in Thailand and Southeast Asia. The platform is based on joint developments with the Thai renewable energy firm BCPG. One of the earliest Power Ledger and BCPG projects was tested back in 2018, when the firms conducted a pilot green energy sale in the central Bangkok region. Power Ledger continued to work with BCPG and later was joined…

Apptopia: Mobile Cryptocurrency Trading Grows 81% YoY

Cryptocurrency NewsBy 25/08/2020

Cryptocurrency trading via mobile apps grew 81% compared to August last year. The most popular mobile apps are Coinbase, Blockchain Wallet and Binance. According to the latest report from Apptopia, cryptocurrency trading via mobile apps is becoming more popular, with each new month surpassing the previous one in terms of active users and new signups. Among the most popular mobile cryptocurrency trading apps are Coinbase, Blockchain Wallet, and Binance. According to Apptopia, on August 20,…

BIS report: “Interest in government cryptocurrencies has exceeded interest in Bitcoin and Libra”

Cryptocurrency NewsBy 25/08/2020

According to a new report from the Bank for International Settlements (BIS), in 2020, interest in the Central Bank’s cryptocurrencies has become higher than in Bitcoin and the Libra project. In a new working paper, BIS analyzes the global state of research and development of government cryptocurrencies, technical approaches and government attitudes towards this initiative. The comprehensive study draws on more than 16,000 presentations from central bank officials in recent years and evaluates the existing…

Kadena blockchain throughput reaches 480,000 transactions per second

Cryptocurrency NewsBy 24/08/2020

The Kadena blockchain, developed by former JPMorgan employees, has reached 480,000 transactions per second, increasing the number of forked chains on the network to twenty. The developers of the Kadena blockchain have doubled the network throughput to 480,000 transactions per second. In comparison, Ethereum 1.x processes about 14 transactions per second. The Kadena blockchain relies on the same proof of work (PoW) mechanism as Ethereum. However, the Kadena developers said they have solved the scaling…

First BTC transaction with automated reporting conducted in Switzerland

Cryptocurrency NewsBy 24/08/2020

Three Swiss cryptocurrency firms successfully completed the first BTC transaction with automated reporting. The transaction complies with anti-money laundering (AML) regulations. The participants in the deal were Crypto Finance AG and 21 Analytics from Zug, as well as Mt Pelerin from Geneva. 21 Analytics CEO Lucas Betschart reported that the Bitcoin transaction between Crypto Finance and Mt Pelerin was the equivalent of $ 23. To carry out the transfer, the Travel Rule Protocol (TRP) solution…

Ontology, Neo and Switcheo Launch Poly Network Interconnection Platform

Cryptocurrency NewsBy 21/08/2020

Ontology, Neo and Switcheo have announced the launch of the Poly Network, which will provide inter-network interoperability and hosting of multi-blockchain compatible dApps. According to the developers, Poly Network will provide transparent and efficient interaction between blockchains. Businesses using different systems will be able to connect to the Poly Network and collaborate and interact with each other through an open and transparent access mechanism. Ontology co-founder Andy Ji said the Poly Network will provide unprecedented…

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