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

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

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.

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

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 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

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

The Bank of Japan will create a proof of concept (PoC) for the digital yen to assess the feasibility of issuing state cryptocurrency from a technical point of view. According to a recent report, the Bank of Japan “will test the possibility of issuing state cryptocurrency from a technical point of view, and will work with other central banks and relevant institutions to explore the possibility of issuing a digital yen.” However, the final schedule

Bitcoin miners’ revenue in dollar terms fell in June by 23% due to a reduction in the size of commissions and a decrease in block rewards to 6.25 BTC. At the same time, the drop in income was partially offset by an increase in the exchange rate. According to CoinMetrics data analysis, Bitcoin miners earned $ 281 million in June compared with $ 366 million in May. According to reports, many miners immediately sell mined

The cryptocurrency startup Bolt Labs, together with Nomadic Labs and Metastate, is developing the zkChannels protocol for anonymous micropayments on the Tezos blockchain. According to the developers, zkChannels is a network-independent protocol with which you can make cheap and anonymous transactions between buyers and sellers “in the style of Lightning Network”. The solution is planned to be implemented in the Tezos blockchain next year. To ensure a high level of confidentiality, data in zkChannel will