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Nasdaq Lists New Index for Decentralized Finance Projects Called Defix

Coinspeaker Nasdaq Lists New Index for Decentralized Finance Projects Called DefixU.S. Stock Exchange Nasdaq has announced the listing of a new index that offers “real-time” tracking of blockchain projects within the decentralized finance (DeFi) segment. Dubbed as Defix, the index will track blockchain projects like MakerDao, Augur, Gnosis, Numerai, 0x and Amoveo.As per the official press release, the London-based Exante brokerage helped to launch Defix. Nasdaq has listed this Index under the ticker DEFX, which can also be tracked on Google and TradingView along with a planned listing on Yahoo Finance, anytime in the future.The Defix index will be available on the Nasdaq Global Index Data ServiceSM (GIDS) and will provide updated data every 60 seconds. Nasdaq stated:“DeFiX is the first altcoin index that reflects the dynamics of the most promising blockchain projects working in decentralized finance: Augur, Gnosis, Amoveo, Numerai, Maker, 0x.”Defix is the latest index added to its platform to inform its users. Exante says that it will also launch a fund based on Defix, this autumn. However, the fund offering will be done through a “secure, financially accredited agency.”About Exante’s Bitcoin FundWay back in 2012, during the early years of the crypto market, Exante launched its Bitcoin fund which later went to become one of the most profitable hedge funds in history. Even today, seven years later, Exante’s Bitcoin fund offers record-breaking investment returns of 70,000% on the initial investment value, at the time of its inception.Besides the Bitcoin fund, Exante also offers an XAI fund for users to get exposure to a range of different cryptocurrencies. The XAI fund’s some of the top-performing cryptocurrencies are Ethereum, Monero, and Litecoin which has given massive returns to early market participants.Now with Defix, Exante wants investors to take a dip into the world of decentralized finance and different blockchain projects which has the potential to possibly transform the payments industry going ahead.Zack Hess, the main developer for Amoveo, stated that “[he is] glad to see increased awareness being brought to decentralized finance projects” and would like to “give everyone access to modern financial tools.”Nasdaq Lists New Index for Decentralized Finance Projects Called Defix

Nasdaq adds DeFi cryptocurrency index including Augur, MakerDAO, 0x

Nasdaq is adding a new index that is dedicated to blockchain projects in decentralized finance, featuring major cryptocurrencies such as Augur, Maker, and 0x. EXANTE, a European investment services firm that was established in 2011 to offer global multi-asset financial services, partnered with the stock exchange operator Nasdaq to offer the Decentralized Finance Index (DeFix). DeFix is the first index that reflects the real-time dynamics of six decentralized finance solutions, including Augur, Gnosis, Amoveo, Numerai, Maker, and 0x. It offers investors an opportunity to speculate in a collection of platforms that have the potential to disrupt the financial industry.  The index is going to be listed by Nasdaq under the ticker DEFX and it is already available to for tracking on the Nasdaq Global Index Data ServiceSM (GIDS) as well as other financial platforms such as TradingView and Google. Meanwhile, Yahoo Finance plans to list it in the near future.  This is not the first time Nasdaq is listing crypto-related indexes. In February, the U.S. stock exchange, through its data dissemination relationship with Brave New Coin, added indices for Bitcoin and Ethereum, the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX).  Later on, it included the XRP Liquid Index (XRPLX) to provide a real-time data for the price of 1 XRP, quoted in USD. Finally, Nasdaq’s Quandl platform announced a partnership with CryptoCompare to provide aggregate index datasets with up-to-date pricing data for the “most liquid” cryptocurrency markets.    Charles Hayter, co-founder and CEO at CryptoCompare, welcomed the association by stating that: “We are delighted to partner with Nasdaq on a joint Aggregate Crypto Reference Prices product. Reliable data is the bedrock of transparent, liquid markets and by bringing our high quality, granular dataset to a global institutional client base, via the Quandl platform, we will give traders and investors a competitive edge.” Although cryptocurrencies aren’t tradeable on the Nasdaq at the moment, other established financial institutions are reportedly building cryptocurrency trading platforms. Fidelity Investments, for instance, is launching a cryptocurrency trading service through Fidelity Digital Assets, according to a Bloomberg report. Bakkt, a subsidiary of the Intercontinental Exchange (ICE), which owns the New York Stock Exchange, is set to deploy the first physically-settled Bitcoin futures contracts in the market in the next two weeks. Overall, it seems like cryptocurrency instruments are finally coming to the masses. The post Nasdaq adds DeFi cryptocurrency index including Augur, MakerDAO, 0x appeared first on CryptoSlate.

Ethereum margin trading exchange, dYdX, launches limit orders and native ETH-DAI market

Andreessen Horowitz-backed dYdX is hoping a revamp of its marketplace will lure big market makers to its platform, the firm revealed exclusively to The Block.  The firm, which has up to this point sourced liquidity from other decentralized exchanges, announced Tuesday the launch of its own native order book for Ether to Dai trading, which will join Eth2Dai and Radar on its platform. The order book will be powered by a new execution engine, according to a blog post, similar to that offered by the 0x protocol. The rollout is paired with the addition of so-called limit orders, which offer a guarantee for a trader to place an order when an asset reaches a certain price. Previously, the firm only offered market orders, which execute a trade immediately at the prevailing market price.  dYdX founder Antonio Juliano, previously an engineer at Coinbase, said the addition of limit orders, complimented with its margin functionality, will lure market making firms to the platform.  "Our focus is making as easy as possible for market makers to provide liquidity on the platform," Juliano told The Block.  "Right now we are working with two different market makers to ensure that liquidity and we are excited about getting more onboard onto the platform." Juliano noted that rolling out its own order book to launch limit orders was key to ensuring market quality and instant order creation and cancellation.  Already, the firm has a fair amount of taker volumes, driven in large part by the margin functionality. As such, the average trade size on dYdX is far larger than most of its competitors, topping $5,000 per trading, Juliano said. "Normally the maker volume will follow the taker volume," he said. Juliano said Coinbase's wealth of taker volume when it first launched GDAX, its original institutional exchange, played into its early growth. He is hoping the same trend will play out at dYdX.  "Coinbase already had a lot of organic take volume from Coinbase.com so when they made GDAX they piped that in and then a lot of market makers came to market make there," he said. "We are optimistic that they will come to dYdX." To be sure, dYdX isn't alone in offering margin in the cryptocurrency market. Still, its non-custodial structure — all deposits are stored in Ethereum smart contracts — eliminates counterparty risk posed by exchange hacks, shutdowns, and seizures. It also solves a pain point that faces traders on other DEXs looking to trade borrowed money. Whereas a trader on, let's say 0x, would have to borrow from a protocol like Compound and then move those funds back to the DEX, dYdX offers margin under one roof. User's balances and collateralization live on the Ethereum blockchain.  "No one has done margin trading on a decentralized exchange the way we are doing it," Juliano said. "A lot of things to think thought in terms of our protocol supporting more than just trading — it supports borrowing and lending."
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Defix: NASDAQ Lists DEFX a New Decentralized Finance Index For Blockchain Markets

LONDON, Sept. 9, 2019 /PRNewswire/ -- EXANTE, a global brokerage brand, has streamlined the release of a novel decentralized finance index following popular projects in blockchain markets. The index, Defix, includes projects such as Amoveo, 0x, Augur as well as a handful of other well-known projects like MakerDAO. Speculators and onlookers alike can view the Defix index which is now archived by NASDAQ under the ticker DEFX, an abbreviation for 'Decentralized Finance Index.' Full story available on Benzinga.com

Wanchain, Civic, Aion and Tael Top All Cryptos; Coins in Aggregate Up 3.13% Overall, 34 Coins Cross Key Moving Average

The Big Winners From Yesterday Over the past day, the top performing coin out of the 133 coins we are tracking was Wanchain, which offered a day-over-day return 90.53%. Rounding out the top four currencies for the day were Civic, Aion, and Tael, which provided holders with returns of 27.02%, 26.53%, and 22.7% for the day. These moves were quite significant, in the sense that they were well outside of the volatility each of the respective coins had seen for the past two weeks. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex The Crypto Big Picture Overall, the average change in coin price for the coins we’re tracking was up 3.1253%. On a more granular level, 65% of the coins we’re tracking were up while 35% of the coins were down. Below we can see the average daily change for the coins we are tracking our index over time. 34 coins are especially close to their 20 day moving average, and thus may be worth watching for technical traders who view the 20 day moving average as a key support/resistance level. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Currencies With Significant Price Moves Here’s a list of the specific coins that crossed their key moving average level: Status, district0x, Loopring, 0x, SingularDTV, SONM, IOTA, Verge, AirSwap, Request, Viberate, Power Ledger, Ripio Credit Network, Agrello, BlockMason Credit Protocol, Aeron, Genesis Vision, Po.et, Tierion, Tael, Time New Bank, Waves, OST, NavCoin, Lunyr, AppCoins, VIBE, Nucleus Vision, POA Network, Groestlcoin, Skycoin, Civic, Streamr DATAcoin, Dock. Also of note is that 66 of the 133 we track have contracting volatility. Volatility contraction often precedes a breakout, so this may be something to watch. Below is a chart that zooms in a bit more, showing 4 coins trading below their 20 day moving average and exhibiting contracting volatility. Are these coins ready for a rally? Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post Wanchain, Civic, Aion and Tael Top All Cryptos; Coins in Aggregate Up 3.13% Overall, 34 Coins Cross Key Moving Average appeared first on DecentralPost.

0x Price Analysis ZRX / USD: Recovery Attempts

0x has a bearish short-term trading bias, with the cryptocurrency trading at its weakest level since November 2017 The four-hour time frame shows that a large falling wedge pattern has formed The daily time frame shows that the ZRX / USD pair has undergone a major decline after breaking from a horizontal price channel 0x / USD Short-term price analysis 0x has a bearish short-term outlook, with the cryptocurrency declining towards its all-time trading low. The four-hour time frame shows that a falling wedge pattern has now formed, with the ZRX / USD pair performing a minor bounce from key trendline support. Technical indicators on the four-hour time frame are attempting to correct from extremely oversold conditions.   ZRX / USD H4 Chart by TradingView   Pattern Watch Traders should note that falling wedge patterns are typically considered to be bullish reversal patterns. Relative Strength Index The RSI indicator is also bullish on the four-hour time frame and is now issuing a buy signal. MACD Indicator The MACD indicator has turned bullish on the four-hour time frame and is currently generating a strong buy signal. 0x / USD Medium-term price analysis 0x has a bearish medium-term outlook, with the 50-day moving average crossing over the 200-day moving average. The daily time frame is showing that a major range break has occurred from a horizontal price channel, sparking a major technical sell-off in the ZRX / USD pair. Technical indicators on the daily time frame are still bearish and remain in oversold territory.   ZRX / USD Daily Chart by TradingView   Pattern Watch Traders should note that a major double-bottom could form if the current all-time trading low holds firm. Relative Strength Index The RSI indicator on the daily time frame is attempting to recover, although it remains technically bearish. MACD Indicator The MACD is flatlined on the four-hour time frame and is failing to generate a clear trading signal. Conclusion 0x has come under heavy downside selling pressure, following a bearish technical breakout from its four-month trading range. The bullish pattern on the four-hour time frame shows that the cryptocurrency could soon experience a strong bounce, although bulls need to continue to defend the ZRX / USD pair’s all-time trading low.   Check out our guide to the 0x DEX network. Our deep dive DARE into the project is available here. 0x ChartChart byCryptoCompare baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; var cccTheme = { "General":{"borderWidth":"0px","borderColor":"#FFF","showExport":true}, "Tabs":{"borderColor":"#FFF","activeBorderColor":"rgba(28,113,255,0.85)"}, "Chart":{"fillColor":"#222","borderColor":"rgba(28,113,255,0.85)"}, "Conversion":{"lineHeight":"10px"}}; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=ZRX&tsyms=USD,EUR,CNY,GBP'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); #ccpw-ticker-24527 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24527 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24527 a.tabperiods.tabperiods_active, #ccpw-ticker-24527 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24527 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24527 .coin-container:after, .ccpw-container_four #ccpw-ticker-24527 .coin-container:after {border-color:#ccc !Important;}   The post 0x Price Analysis ZRX / USD: Recovery Attempts appeared first on Crypto Briefing.

0x Price Analysis - Use cases in development

The ZRX token price currently sits on all-time-lows, and bearish technical indicators suggest there may be further pain in the near future. Fundamentals point to suppressed token use and relayer activity. However, if the roadmap improvements are implemented, ZRX token use cases and value may increase.

Streamr DATAcoin, 0x, SingularityNET and Bread Top the Crypto Charts; Coins in Aggregate Down 2.89% Overall, 8 Coins Make Surprising Moves

Top Performers and Notable Moves Over the past day, the top performing coin out of the 133 coins we are tracking was Streamr DATAcoin, which offered a day-over-day return 27.36%. The next three best performing currencies were 0x, SingularityNET, and Bread, which gave holders daily returns of 7.45%, 6.16%, and 5.91%. The moves in all these coins were a bit surprising, in that they were well outside of the trading range normally associated with each of the currencies in question. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Was the Crypto Market as a Whole Up or Down? Since yesterday, the average change in the price of coins in our index was a move down -2.8862%. Specifically, 19 coins in our index were up while 114 were down. The chart below shows the average daily change for all the coins in our index over time. Since yesterday, 2 have crossed their 20 day moving average; these coins may be of interest to traders who believe the 20 day moving average may be a key level that draws traders in. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Currencies With Significant Price Moves Here’s a list of the specific coins that crossed their key moving average level: Bread, SingularityNET. Likewise, volatility has continued to trend lower and contract for 10 of the 133 coins in our index; contracting volatility often precedes a breakout, so these coins may be gearing up for a larger move. The chart below drills down a bit more, featuring 4 currencies with contracting volatility that are trading below their moving average. Are these coins forming a bottom? Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post Streamr DATAcoin, 0x, SingularityNET and Bread Top the Crypto Charts; Coins in Aggregate Down 2.89% Overall, 8 Coins Make Surprising Moves appeared first on DecentralPost.

20 Blockchain Projects With the Most Dev Activity on Github—July, 2019

Congrats to Status, Storj, 0x, Metamask, MakerDAO, Gnosis, Augur, and Origin Protocol for all the hard work!You can tell a whole lot about the state of a project or application by the amount of activity it has on Github. Projects with lots of action are more likely to be in the midst of BUIDLing and shipping, while a Github that’s populated only by lonesome tumbleweeds is a sign of a project that’s either not moving forward or is so perfect that it doesn’t require any more work — and that is something of a rarity.State of the Dapps does a great job of harvesting data from Github, including commits, pushes, issues, and pull requests from open source projects representing the most notable platforms that support decentralized apps — including Ethereum, EOS, Steem, and xDai. The result is a bird’s eye view of developer activity in the blockchain space.Although this information is by no means a definitive picture of the blockchain ecosystem for countless reasons, the Github data illustrates some interesting trends regarding developer activity in the blockchain space in regards to open source projects. Don’t see your favorite project listed below? Encourage them to make their activity public and published on State of the Dapps (We’re looking at you, Cardano fans!)The month of July showed significant changes in rankings for activity on Github, with projects like Neufund slipping out of the Top 20 after a good showing in the previous month of June and upwards moves from the likes of eSteem and Polymath. July also saw big moves from perennial developmental leaders like Status and Storj. However, Ethereum still dominates the charts from top to bottom, with projects representing EOS, Steem, and Tendermint also maintaining a strong presence.Below are the top 20 projects on State of the Dapps by developer activity over the past 30 days as of August 6, 2019…1. StatusMobile Ethereum OS Status has long been a leader in the blockchain space, and recent activity on Github — with 6666 events in the past 30 days — indicates that the sizable Status team continues to outperform challengers while developing the iOS, Android, and desktop version of the Status app.2. StorjDecentralized cloud storage network Storj is working fast after the launch of the final phase of its alpha — named Beacon—towards Pioneer, the Storj platform beta. The Storj team maintained second position this month with 5633 commits, an impressive figure as usual from one of the most productive teams in all of blockchain.3. AragonBig moves from Aragon this month as the the project jumps nine spots to #3. The Ethereum mainstay has long since stood out for being a well-run operation, and its platform for creating decentralized organizations presents a powerful proposition. Now live on Mainnet, the Aragon team committed 3779 events to Github over the past 30 days, up approximately 73% from the month prior.4. CosmosAfter launching a Mainnet iteration, the Tendermint-based blockchain interoperability platform Cosmos holds steady on its impressive recent performance with 3492 commits over the past 30 days, a 22% decrease from the month prior. Cosmos’ iteration of its Cosmos Hub is well underway with the launch of Lunie, its native crypto wallet application.5. 0x0x notes a big jump in its developmental pace this month with 3268 commits, a 77% increase from last month. With over 30 projects utilizing the 0x infrastructure for creating all kinds of decentralized marketplaces to the tune of 700k+ total transactions, it may be time for one of the most talented teams in blockchain to make some big moves.6. GnosisEthereum-based prediction platform Gnosis has done so much for the blockchain community already in launching its DutchX smart contracts, the Gnosis Safe, and the Gnosis Olympia Alpha — thus creating the tools with which others can launch their own marketplaces. The Gnosis team kept it steady this month with 3211 events on Github, down slightly from the month prior, but still enough for a solid 5th place.7. IoTexA blockchain platform for the internet of things, IoTex rockets up onto the Top 20 for the first time with development on its IoTex Voting Portal to the tune of 3199 Github events in June, a figure almost identical to last month’s ranking.8. Origin ProtocolOrigin Protocol utilizes Ethereum and IPFS to create decentralized marketplaces. The Origin Beta and newfangled mobile app are already live on the Ethereum Mainnet, and you can use it to purchase all sorts of rare, exciting, and sometimes bizarre items like a violin from the 1800s, Ethereum hologram art, and luxury vacation rentals all over the world. With 2966 — a notable jump from last month’s performance — events in the Origin Protocol Github last month, there’s definitely more coming from the Origin team.9. High FidelityHigh Fidelity, the virtual reality platform launched by the founders of seminal virtual world Second Life already hosts virtual events, and is now working feverishly towards EOS integration. The High Fidelity Github housed 2855 events last month, which is down further from its big jump earlier in the year, and drops three places as a result.10. AugurIf you didn’t lay down a crypto wager on the United States winning the Women’s World Cup, do you even blockchain? Augur’s platform of a decentralized oracle and prediction market protocol is one of the most remarkable projects live on the Ethereum Mainnet right now, and with a big 2280 events on the Augur Github last month — holding steady — all signs point to continued development. The Augur Blog also provides weekly updates on development for a more granular breakdown.11. MetamaskEveryone’s favorite blockchain browser extension is a cornerstone of the Ethereum ecosystem, and fittingly is always near the top of this list. Now boasting millions of downloads, Metamask’s lithe team is always hard at work improving the Metamask product and launching a mobile edition of its product, and registered 2600 events on Github last month—a major 42% increase from last month.12. SantimentCryptocurrency data dashboard Santiment follows up its return to the Top 20 last month with another major push. With over 1200 assets tracked over 50 metrics, Santiment developer activity is up a further 42% month-over-month as the SANbase platform goes live.13. Trust WalletA secure multi-coin wallet for Android and OS devices utilized by many leading organizations around the crypto-sphere, Trust Wallet is also the partner wallet for cryptocurrency exchange Binance. Not even in the top 20 earlier this year, Trust Wallet rocketed up the dev activity charts and has shown few signs of slowing down since then with 2169 commits in July.14. OmiseGOThailand-based OmiseGO has been focusing on scaling and interoperability on the Ethereum Network since its launch. With MVPs and testnets of scaling solution Plasma already produced, OmiseGO’s far reaching and substantial developer work resulted in 2130 events on Github last month.15. MakerDAOMakerDAO’s three-pronged approach to decentralized finance includes the Dai stablecoin, collateralized loans via the Maker CDP mechanism, and community governance. Not just one of the most used platforms in Ethereum, in May, MakerDAO’s team was busy at work under the hood, adding 2052 commits to Github over the course of the month.16. BlockscoutPOA Network’s BlockScout is an open-source block explorer tool for the Ethereum ecosystem that lets users search and explore transactions, addresses, and balances on the Ethereum and POA Networks. A new edition to the list, the Blockscout team notched up 1838 events on Github in the month of July.17. eSteemDecentralized blogging and communications platform eSteem, the landmark project on the Steem blockchain, makes it back into the Top 20 after many months. With 1821 events in July, a massive 106% increase from the month prior, we’d recommend downloading the platform and earning for your blogging. If they keep up development at this rate, perhaps this list will be published on eSteem in the future!18. DecentralandA perennial contributor to the Ethereum ecosystem, Decentraland — a virtual reality world built on open standards — has built a robust platform and an entire universe where participants can create and monetize virtual experiences. Returning to the Top 20 this month after a hiatus, the Decentraland team notched up 1706 events on Github this month.19. AelfA decentralized cloud computing network, Aelf notched up 1615 Github events in July. The Singapore-based team recently released its v.0.7 Enterprise Alpha on Amazon Web Services, and its diligently prepared weekly progress reports suggest further product rollouts are in short order.20. PolymathSecurity Token platform Polymath enables projects to launch STO offerings and has long since led the nascent market segment in this regard. With the launch of the project’s Polymesh initiative, there’s been a lot of developmental activity going on under the hood. Last month saw 1604 events on the Polymath Github, a major 98% increase from June.21. GolemGolem’s worldwide supercomputer has been an ever-present in the Ethereum ecosystem, and a leader in both tech and design. With its Beta currently live for download, users can contribute or gain computing power for heavy duty rendering projects. With 1595 commits over the past month, the Golem Network continues its remarkable project with strong upward trajectory.Check out the Top Blockchain Projects for Developer Activity for March, April, May, and June 2019.Check out the all the excellent blockchain projects making progress at State of the Dapps…Disclaimer. The views, information, and opinions expressed are solely those by the author above do not necessarily represent the views of Consensys AG. They are meant for informational purposes only, are not intended to serve as a recommendation or investment advice to buy or sell any securities, cryptoassets, or other financial products.Any reference in this article to any person, organization, activity, products, or services does not constitute an endorsement or recommendation of ConsenSys. This article does not constitute legal or other professional advice or services. ConsenSys is a decentralized community with ConsenSys Media being a platform for members to freely express their diverse ideas and perspectives. To learn more about ConsenSys and Ethereum, please visit our website.20 Blockchain Projects With the Most Dev Activity on Github—July, 2019 was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Coinbase volume signals lack of altcoin interest, BTC dominates

Coinbase announced that it is planning to add 90 percent of all cryptocurrencies by aggregate market capitalization to its platform. Despite Coinbase’s commitment to listing more crypto assets, trading volume on Coinbase Pro shows lackluster interest in these altcoins from investors while BTC dominates trading volume. Coinbase Pro trading volumes Approximately $461 million was traded in the last 24 hours in Coinbase Pro, according to CoinMarketCap. Even though the exchange has been adding a variety of new cryptocurrencies over the last few years, the vast majority of the trading activity is concentrated in Bitcoin. As a matter of fact, Bitcoin accounts for 75.1 percent of the total trading volume on the San Francisco-based exchange. Meanwhile, the other most traded cryptocurrencies on Coinbase Pro are Ethereum with 8.8 percent trading volume, Litecoin with 7.5 percent, and XRP and Bitcoin Cash with 2.4 percent each. The rest of the cryptocurrencies that are available on the platform including Chainlink, Stellar, EOS, Dai, Ethereum Classic, 0x, Basic Attention Token, Augur, Zcash, Decentraland, Golem, Loom Network, district0x and Civic, combined, had a trading volume of less than $18 million over the last 24 hours, only representing 3.9 percent of the activity on the exchange. Data from CoinMarketCap, chart by CryptoSlate As Coinbase continues to add new cryptocurrencies, it does not seem to be benefiting from them. MANA, GNT, LOOM, DNT, and CVC each had a trading volume lower than $20,000 over the last 24-hours—meaning they hardly impact the company’s revenue. Instead, the firm could actually be exposing itself to U.S. regulatory scrutiny and other legal risks. Over the last few years Coinbase has been criticized for slowing down the adoption of Bitcoin. After SegWit was integrated into BTC via soft fork on August 2017, to allow more transactions to fit in a single block, the firm took more than seven months to enable SegWit transactions on the platform. Now the cryptocurrency exchange has been working on batching transactions for more than a year since its CEO Brian Armstrong first talked about it. Even today, Coinbase continues to promote and add altcoins rather than provide full support for Bitcoin, argued Jameson Lopp and other BTC supporters in the community. In addition to allegations of user surveillance, customer support deficiencies, and other issues, user outrage culminated in the “Delete Coinbase” movement earlier this year. The post Coinbase volume signals lack of altcoin interest, BTC dominates appeared first on CryptoSlate.
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Token Swap: Tether Announces Token Burn Of Over 400 Million USDT

Tether has shared a piece of information about a forthcoming token burn which according to announcement would take place shortly. According to a tweet from their official Twitter handle, Tether plans to shortly move 400 million Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. Tether will shortly move 400m Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. — Tether (@Tether_to) September 16, 2019 Tether Minted 300 million USDT Few Days Ago Few days ago, Tether took to Twitter to inform its users that it was coordinating with a third party to perform a chain swap. This was planned in order to convert some tokens from their original Omni to an Erc 20 protocol. At the time of the initial announcement, 300 million Tether USDt was announced to have been minted for the swap. However, these conversions took place few days ago as Tether promised the token swap wouldn’t disrupt the total supply. In few hours Tether will coordinate with a 3rd party to perform a chain swap (conversion from Omni to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process. — Tether (@Tether_to) September 12, 2019 Whale Alert, a twitter account dedicated to alerting the community of big cryptocurrency transactions, noted the coinage described above in a tweet published on Sept. 12. As per a second tweet submitted as an answer to the first one, Whale Alert offered an explanation of the type of transaction: “This USDT mint is part of a swap. The corresponding burn on Omni has not taken place yet.” And finally, Tether is burning the Omni Tether that was already converted to ERC20. Until now, no token burn has taken place on Omni blockchain. In July, it was reported that Tether accidentally minted and burned 5 million USDT tokens. However, Tether long-standing controversy about issues relating to transparency and market manipulation. The post Token Swap: Tether Announces Token Burn Of Over 400 Million USDT appeared first on Coingape.

Zero-Knowledge Proof Solution from QEDIT Implemented Into Kaleido Blockchain For Transaction Privacy

Kaleido, a startup blockchain solution from ConsenSys Venture Studio has gone on record to become the first blockchain platform to implement the zero-knowledge proof solution from QEDIT—the crypto private company. A Non-compulsory Feature On September 13th, 2019 QEDIT shared a paress released with Cointelegraph where it stated that the partnership it had developed with Kaleido […]
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Cryptocurrency Exchange OKEx Korea Removes Privacy Altcoins

According to an official announcement made by the South Korean branch of OKEx, the popular exchange will delist five privacy coins as early as October 10, 2019. Complications for Privacy Coins Trading of Monero (XMR), Dash (DASH), ZCash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on OKEx Korea will be suspended on October 10, 2019,Read MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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