Kraken report: BTC correlation with S&P 500 grows, but with gold - falls

Kraken report: BTC correlation with S&P 500 grows, but with gold – falls

According to the latest report from the Kraken cryptocurrency exchange, a 31% drop in bitcoin trading in June led to BTC’s annual volatility reaching a six-month low. According to Kraken in its report, June was the most unremarkable month on the Bitcoin trading market since February. The lack of activity on the market led to a decrease in trading volume on the exchange to a four-month low of $ 36.6 billion. Earlier this month, CryptoCompare…

LatamLink will combine Besu, EOSIO and ConsenSys technologies to develop LACChain system

LatamLink will combine Besu, EOSIO and ConsenSys technologies to develop LACChain system

LatamLink Latin American Alliance will combine Besu, EOSIO and ConsenSys technologies to develop the LACChain system, designed for use at the state and corporate levels. LatamLink was formed by EOS Costa Rica, EOS Argentina and EOS Venezuela block manufacturers for the expanded implementation of the EOS blockchain in Latin America. In addition, the Inter-American Development Bank (IDB), as well as private and public organizations in Latin America and the Caribbean, contributed to the creation of…

Cosco Shipping Tests Ant Financial Blockchain in Cargo Transportation

Cosco Shipping Tests Ant Financial Blockchain in Cargo Transportation

Cosco Shipping, one of the world’s largest container operators and carriers, is testing the Ant Financial corporate blockchain to increase the efficiency of operations. Earlier this week, Shanghai-based Cosco Shipping, one of the world’s ten largest container operators, confirmed that it intends to test Ant Blockchain to optimize its operations. This corporate blockchain was developed by Alibaba’s subsidiary Ant Financial. Cosco Shipping operates a fleet of 1,330 vessels with a total carrying capacity of just…

Losses of $ 1.4 billion over 5 months. Why people are left without cryptocurrency

Losses of $ 1.4 billion over 5 months. Why people are left without cryptocurrency

In 2020, 98% of lost funds were stolen through fraud and fraud. We tell the main tricks of criminals and how to avoid serious financial losses. This year may be the second in history in terms of the number of crimes in the field of cryptocurrencies. According to Cipher Trace, from January to May 2020, over $ 1.36 billion in digital money was lost as a result of theft, hacking and fraud. Most of the…

Tata Consultancy Services Launches Cryptocurrency Trading Tool

Tata Consultancy Services Launches Cryptocurrency Trading Tool

Indian technology company Tata Consultancy Services (TCS) introduced the Quartz Smart Solution for Crypto Services, a cryptocurrency trading solution designed for financial institutions. TCS developers said that with this tool, banks and investment firms will be able to provide their customers with crypto assets trading services. The solution supports various cryptocurrencies and stablecoins, and can also connect to wallets with multi-signatures, exchanges and platforms for over-the-counter trading (OTC). Thanks to the decision, transactions will be…

LINK value continues to rise amid DeFi boom

LINK value continues to rise amid DeFi boom

The twelfth largest capitalization cryptocurrency Chainlink shows a record growth in its entire history. Yesterday LINK rose 20% to $ 5.8, and today its price has exceeded $ 6. According to CoinMarketCap, yesterday LINK price surpassed the historical maximum of its value of $ 5, recorded in March. However, this rally did not end there – over the past 24 hours the LINK price has grown by another 14% and now stands at $ 6.28.…

Arca Launches Ethereum Blockchain Regulated Investment Fund

Arca Launches Ethereum Blockchain Regulated Investment Fund

The American company Arca has registered a new fund with the US Securities and Exchange Commission (SEC), whose shares will be issued as ArCoin tokens on the Ethereum blockchain. Arca, a digital asset investment company, has announced the launch of Arca U.S. Treasury Fund – a fund whose shares will be issued on the Ethereum blockchain as tokens of the ERC-1404 standard. At the same time, the investments themselves will be invested in short-term bonds…

Binance completed the purchase of Swipe and listing the SXP token

Binance completed the purchase of Swipe and listing the SXP token

The Binance cryptocurrency exchange announced the purchase of the Swipe.io startup in order to use its infrastructure to issue its own payment cards. Swipe.io provides users with access to a cryptocurrency wallet and Visa debit cards with automatic conversion of cryptocurrencies to regular money. Binance CEO Changpeng Zhao said cooperation will be aimed at overcoming the “barrier” between fiat and digital currencies. To do this, you need to provide people with the opportunity to make…

Symbol has created a blockchain solution for tracking wine supply chains

Symbol has created a blockchain solution for tracking wine supply chains

Symbol has developed a blockchain solution that will help winemakers track raw materials and products at every stage of production and the supply chain, as well as fight fraud. The NEM project, which was renamed Symbol earlier this year, recently announced the launch of a new solution on the blockchain, which is designed to track raw materials and products in the production and supply chains of wine. Symbol was developed as an enterprise-friendly blockchain that…

Burning Binance Coin tokens and launching Tron 4.0. July main events

Burning Binance Coin tokens and launching Tron 4.0. July main events

In the next month, several events will happen on the cryptocurrency market at once, which can affect both the value of individual coins and their total capitalization. Launch TRON 4.0 At the end of May 2020, the imminent launch of TRON 4.0 was announced. This update should be a “turning point” for the project, said its founder Justin Sun. Confidential smart contracts will appear on the TRON network, the block confirmation time will be reduced…