From the perspective that Bitcoin needs to exceed $ 6,400 to continue growing, Tether deploys USDT on the Bitcoin Cash network. Here are some highlights from the crypto market.

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Bitcoin news

The market began to flourish after the Bitcoin price soared 20% on March 19. The top cryptocurrency has risen more than 60% since hitting its lowest level in 2020 at $ 3,900.

Accordingly, Rager explained that Bitcoin must surpass $ 6,400, considered a checkpoint, to continue its growth momentum. Otherwise, BTC could vaporize all its recent gains.

Notably, $ 6,400 is the most traded in the bear market in 2018. Bitcoin officially kicked off a strong bull run in 2019 by surpassing it in May. In the sharp decline in Q4, it was also a strong support.

Ethereum News

EY, ConsenSys and Microsoft have launched Baseline, a protocol aimed at organizations and businesses that want to use the Ethereum public blockchain, in a safe and private way.

Although Baseline was first announced on March 4, but the project source code has been released publish on GitHub this week, for the first time, it's available to businesses and developers.

Baseline allows organizations and businesses to build their own systems on the Ethereum blockchain. Under normal circumstances, Ethereum transactions are open to the public. To avoid this, businesses often deploy their own blockchain or the enterprise blockchain version of Ethereum.

In contrast, Baseline for allow businesses to use the Ethereum public chain without compromising their privacy. Baseline keeps sensitive data private through the use of zero knowledge proof, off chain data storage and distributed identification systems.

Ripple news

Ripple CEO Brad Garlinghouse is making the first public comment on the coronavirus pandemic and its impact on the global economy.

The head of payment startup San Francisco said the current top priority is the health of its staff.

Ripple, operating in one of the most affected areas of the pandemic in the US, the company request Employees work from home and stay in touch through video conferencing.

For the economic downturn due to the virus, Garlinghouse expects the market to recover.

“Our global economy is in undiscovered waters, but what's in history shows: the market will recover strongly.”

News Monero

A new version of the Carbon Chameleon software on Monero has been released today. Advocates of ‘designed privacy’ need to upgrade their systems.

As announced by ErCiccione, developer Monero, a new v0.15.0.5 version of the software has appeared and has been patched with programs.

The most important changes are implemented with the activities in the Tor and I2P anonymous networks. Both are private protocols operating on the Internet. According to the update, the Tor connection to the clearnet has been updated.

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The rest of the changes are mainly focused on the process of making transactions. The release is available for MacOS, Windows, Linux and Android operating systems.

USDT news

Tether Treasury seems to be printing more and more USDT. In just two days, the world's largest stablecoin issued USDT total worth 120,000,000 in the context of panic global market.

According to CTO of Bitfinex, Paolo Ardoino, this additional USDT printing is to replenish inventories. Currently, it is not clear whether this is a large individual or organization requesting additional issuance of USDT.

Response to additional USDT printing. The market is talking about whether this will cause Bitcoin to move higher, or if it is a sign that the recent short-term bull run is coming to an end.

Tether deploys USDT on the Bitcoin Cash network

Tether, the world's largest stablecoin has launched on the Bitcoin Cash network.

Tether has seen an increase in gains in recent weeks and currently has a market capitalization of more than $ 5.7 billion. USDT worth over 180 million USD has been printed in recent days, before Bitcoin price skyrocketed in the last 24 hours.

USDT will now be available on the Bitcoin Cash network. It is also available on Ethereum, Algorand, EOS, Liquid Network, Omni and Tron.

News TROY

TROY, a leading global broker, specializing in cryptocurrency trading and asset management, claims to integrate technology with Chainlink, a decentralized oracle network that allows smart contracts to access feeds. securely offc-chain data, web API and traditional banking payments.

Chainlink will help TROY achieve a long-term vision of redefining transactions by building a safe and reliable oracle design for the trading platform.

News Huobi

Huobi, the fourth largest cryptocurrency exchange, by day-to-day trading volume, saw a significant growth in cryptocurrency mining operations in 2019.

Huobi Pool, a cryptocurrency mining arm of Huobi, said The company's operating revenue increased by 547% in 2019, reaching USD 320 million from USD 53 million in 2018.

Besides the huge growth in operating revenue, Huobi Pool recorded remarkable profits. According to the report, Huobi Pool's operating profit increased by 218% from USD 2.5 million in 2018 to USD 6.3 million in 2019.

Blockchain News

The coronavirus pandemic was the “black swan” of 2020, the financial market has declined to unprecedented levels since the 2008 recession. However, blockchain still has a chance to grow in times of crisis. this.

On March 19, Yu Jianing, President of Huobi University had a meeting conversation directly under the heading “Global financial storm, How to use Blockchain's new thinking to turn crisis into opportunity”.

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“Without the 2008 financial crisis, there would be no birth of Bitcoin and again without the financial crisis in 2020, there would be no explosion of blockchain.”

Yu Jianing explained the basic logic behind the blockchain during the broadcast, referring to what he called “blockchain-driven thinking.” He also gave the audience suggestions on how to allocate assets effectively and better understand the development direction of the blockchain industry during the crisis.

Binance news

Binance notification confirmed support for COCOS mainnet token swaps and will suspend withdrawals for COCOS starting at 2:00 AM (UTC) on 23/03/2020. Binance will handle all technical requirements regarding all users holding COCOS in their Binance account.

The exchange also noted that, even after the COCOS mainnet is active, if the user chooses to deposit the ERC20 COCOS token into his Binance account, the exchange will still continue to process token swaps. However, users will not be able to withdraw ERC20 COCOS tokens after the mainnet swap.

News Okex

OKEx is entering the world of DeFi, launching C2C lending. According to Lennix Lai, Chief Financial Officer, this will create an open and transparent market, consistent with demand and supply over idle capital.

Follow notification On the company's blog, the C2C lending feature will allow individuals to transact directly, meeting the users' various loan and investment needs. To access this new feature, users will need to update the OKEx application to the latest versions and then click on “C2C loans” on the home page of the application.

If you want to borrow money, you will need to place some amount of BTC as collateral. Your loan will be disbursed in USDT. OKEx said many other types of assets will be supported in the future.

ZenGo News

SGA stablecoin's Saga currency technology is currently compatible with ZenGo keyless wallets, thanks to the recent cooperation between the two companies.

ZenGo CEO Ouriel Ohayon explained about a keyless wallet: “ZenGo provides secure access, meaning that even if we stop working, users can still move 100% of the My money goes wherever they want. ”

In a statement on March 19, ZenGo said users can now keep their SGA tokens in their wallets. ZenGo wallets do not use private keys. ZenGo main wallet, will now have SGA compatibility.

News UPA

The Universal Protocol Alliance (UPA) has officially announced that Universal Dollar (UPUSD), Universal Euro (UPEUR) and Universal Protocol Token (UPT) have been listed on Bittrex Global, providing a lower fee structure for owners. UPT.

UPA states that stablecoins UPUSD and UPEUR are pledged 1: 1 in the corresponding currencies (USD and Euro), while UPT will provide direct benefits to network members.

According to the announcement, these tokens will give users alternative access to existing stablecoin products, many of which are also supported by the UP Platform. They also offer lower volatility with exceptional annual rate of return.

News Sandbox

After announcing the third release of the virtual space game, The Sandbox (TSB) revealed a number of major companies that have backed the project.

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In Press Release On March 20 of Animoca Brand, TSB Gaming's parent company, the third quarter of 2019 was a particularly successful year for the game.

From July 9 to September 19, TSG raised $ 2.01 million including 83% of cash and 17% of digital assets, namely SAND tokens and future capital agreements. Investors include Square Enix, B Cryptos, Mindfulness Capital and True Global Ventures.

Other news

The new Blockchain system tracks individuals not at risk of virus infection

The Netherlands-based Public Health Blockchain Association (PHBC) has announced the release of a blockchain-based system, designed to track the movement of individuals not at risk of virus infection. The motivation behind development is to help healthy people avoid potentially life-threatening diseases.

PHBC has announced March 19, said the blockchain-based platform will monitor system verification, continuously and anonymously at work, places not affected by dangerous viruses, including coronavirus.

“The blockchain stores certificates that protect workplaces or communities from security organizations or government agencies to ensure that all people entering safe areas are monitored continuously. If a person has previously been to an infected area, they will be asked to stay in the quarantine. ”

Fraudsters impersonate WHO to steal the amount of BTC in support of the COVID-19 pandemic

As the number of coronavirus infections globally increases every day, scammers are targeting cryptocurrencies like Bitcoin, under the guise of a global pandemic.

According to cybersecurity firm Sophos, some online criminals are now impersonating the World Health Organization (WHO) in an attempt to steal donations to combat the COVID-19 pandemic.

Chester Wisniewski, cybersecurity expert at Sophos, warned of WHO impostors in the March 19 tweet, accompanied by screenshots of emails from scammers.

According to Wisniewski, the scammers are trying to deceive people to send Bitcoin to them as a donation to the WHO Solidarity Fund to cope with the COVID-19 epidemic launched on March 13.

Viet Cuong

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