AdsDax, a decentralized advertising platform and marketplace to create, buy, verify, and sell advertising, has achieved over 1,300 cryptocurrency transactions per second (TPS) on Hedera Hashgraph's enterprise grade distributed ledger. The announcement comes after AdsDax expanded the capacity of its infrastructure and began running large advertising campaigns in partnership with Zee Entertainment, one of India's largest news networks. This is the first time that Distributed Ledger Technology (DLT) has reached this volume in a live, commercial environment.
CoinShares today announced the launch of the CoinShares Gold and Cryptoassets Index (CGCI), the first EU Benchmark Regulations (EU BMR) compliant index for the digital asset industry that combines digital assets and gold. The index, now live on Bloomberg Terminals and Refinitiv (formerly Reuters), is designed to provide exposure to cryptoassets while improving average returns and reducing volatility.
Global digital asset exchange, Gate.io has received a 100% "proof of assessment" certificate after completing a thorough audit performed by the leading accounting firm Armanino LLP. The certificate states that Gate.io's collateralization ratio (assets-to-liabilities) stands at 104%; Gate.io has Bitcoin reserves exceeding 100% of customer liabilities. With this new certification from Armanino, Gate.io also becomes the first-ever mainstream exchange to receive a 100% proof of its reserves.
Crypto.com today announced it has secured a US $100M direct insurance policy led by Arch Underwriting at Lloyd's Syndicate 2012. This is the largest coverage that Crypto.com has secured for its cold storage assets on custodial partner Ledger Vault. The new policy brings Crypto.com's total cryptocurrency insurance to $360M, including direct and indirect coverage via custodians. It will significantly expand security protection for its rapidly growing user base, which has just surpassed 2+ million, against physical damage or destruction, and third-party theft.
CoinAD.media -
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The xx network has completed its initial sale of the xx coin, the revolutionary cryptocurrency led by David Chaum. The sale was focused on rewarding early backers who helped drive decentralization of the xx network. During the Regulation S offering, 500 coin holders from outside the U.S purchased $9.7M in xx coins totaling approximately 3.5% of the overall supply. 55 countries on 5 continents participated. Until xx MainNet, coins will be secured by an ERC-1404 contract with an associated lockup period (See xx-coin.io).
Maxonrow's MAX-Wallet has added a new feature that aims to reduce data inaccuracy, cut costs, and effortlessly integrate with other platforms while being updated on the latest international KYC and AML standards. MAX-Wallet is proud to present MAX-Register, a seamless and straightforward sign-up login solution that redefines KYC, making the tedious repeating logins and registrations on different platforms a thing of the past.
BitLaunch, the anonymous VPS and Bitcoin VPS provider, announced today the launch of 3 new datacenter locations in Los Angeles, US, Amsterdam, NL, and London, UK. BitLaunch has been growing rapidly — with thousands of registered customers globally — by offering straight-forward on-demand cloud computing in exchange for cryptocurrency. By accepting cryptocurrency as payment, BitLaunch allows people worldwide to utilize cloud computing, funded via cryptocurrency, eliminating barriers associated with traditional fiat payment systems.
ArcBlock, a leading blockchain development platform and decentralized identity provider released the latest version of its decentralized wallet - ABT Wallet 2.3. With this release, ArcBlock continues to focus on its users and is taking significant steps to give users the ability to manage and own their identities, digital assets and properties in a secure mobile wallet. Since the release of ABT Wallet 2.0, the ArcBlock team has been working hand-in-hand with users, developers and customers to find ways to improve the wallet experience including streamlining identity management, improving overall usability and to better enable decentralized identity throughout application and web projects.
Huobi Global today announced that Huobi Token (HT) has reached a new 12-month high amid the continued growth and development of the whole ecosystem. As of yesterday, HT was trading at a token price of $5.27 USD, a 92% increase since the close of 2019 - and nearly a 5X increase compared to this time last year. As the native token of digital asset exchange Huobi Global, HT's new milestone underscores the recent progress of Huobi's global ecosystem. Last month, Huobi Global and Huobi DM experienced a strong start to 2020 with a 65% month-over-month spike in aggregate trading volume.