Chinese investors today are massively buying up USDT at a price that exceeds the nominal, in order to buy other cryptocurrencies. At the same time, today the capitalization of the crypto market has grown to $ 185.89 billion.
On Bitfinex, the number of shorts on Bitcoin has decreased by 20% totaling $ 34 million, while the number of longs has increased to 26,000. The price of the first cryptocurrency dropped below $ 5350.
Justin Sun announced that the stabilized USDT-Tron steablcoin focused on institutional and consumer cross-border payments will be launched on April 9.
Sun also announced the activation of the next update of the SUN Network protocol: it will take place on August 10th. A test network will be launched on May 30th. And from September 15, protocol optimization will begin for previously added modules. Cross-platform infrastructure and sidechain dApps will be added to the protocol, which will increase the throughput and efficiency of the Tron network.
Today in Seoul 12 organizers of a cryptocurrency financial pyramid were detained. Its activities affected 56,000 people, investing nearly $ 18.7 million. Criminals found using artificial intelligence.
London-based Kleinwort Hambros of Societe Generale Group has issued a stock exchange note (ETN) with active management for investments in 20 companies that can profit from the blockchain.
Decentralized marketplace OpenBazaar intends to create its own social network called Haven with a utility token based on Ethereum.
An ex-employee of the Kraken exchange sued her for the fact that the platform did not pay him $ 907,631 at the allegedly promised interest on the profits of the trading department. Kraken denies everything.
Bosch introduced the first blockchain fridge. Through the application, the owner will be able to monitor the power consumption and reconnect it to different sources of electricity.
TRON founder Justin Sun announced his readiness to cooperate with Ethereum. Whether Justin knows something, or if he believed in Buterin's April Fool's joke
Media: On June 8-9, representatives of G20 countries will discuss issues of international regulation of cryptocurrency in the fight against money laundering
The manufacturer of ASIC miners Bitmain presented the specification of its new Antminer series devices for the S17 and S17 Pro models, and the hashrayt of the devices 53-56 TH / s and 50-53 TH / s, respectively
Zcash developers have released a reference mobile wallet for Android. This is such a test wallet that will teach users how to install and configure the application, and developers will be able to collect the necessary data before launching a real mobile ZEC wallet
CryptoFund Grayscale Investments reduced its share in XRP by 2.8% and sent the released funds to increase the share in Bitcoin and Lightcoin