Tron’s “Independence Day” Is Here
After the week of preparations and the proposed $50million worth TRX tokens burn off commemorating the mainnet launch, the procedure of moving to its own Mainnet from ethereum platform is well into its final stage. TRON is broadcasting it’s “Independence day” live, and claims that the first batch of new TRX is already been distributed through a raffle. The company has also frozen the old TRX ERC-20 tokens for trading. On June 26 the new MainNet will hold the "Super representative election", with a goal to select organizations and private individuals who will become part of the TRON MainNet.
“Overwinter” Upgrade Coming to Zcash
Zcash, a self-proclaimed anonymous cryptocurrency, is about to have its first official network upgrade, as today Zcash is introducing the ‘Overwinter’. The update will lay the foundations for future system upgrades by adding versioning and replay protection for network upgrades. It will also address some transaction-related issues too: performance of transparent transaction will be improved and a transaction expiry feature will be introduced.
"5G-Ready" Online Sprinting
Sprint, a U.S.-based mobile network in collaboration with an Internet-of-Things (IoT) Blockchain platform developer NXM Labs, is to launch a 5G-Ready Connected Car Platform that will give passengers instant access to high-speed Wi-Fi. In this instance, IoT is a system that connects physical devices allowing them to share data with each other creating the possibility to integrate the physical world with computer-based systems.
BIS Considers Crypto as a Security
Bank for International Settlements (BIS), the economic adviser and research head Hyun Song Shin declared that cryptocurrencies should be considered as an instrument, just like stocks and bonds. The statement has highlighted that after months of debating there is still no global consensus regarding the definition of cryptocurrencies by traditional financial authorities. Just a week ago the same banking watchdog, BIS, has published a report where it criticized cryptocurrencies for being inefficient and fundamentally unable to facilitate trust.
Mt.Gox Starts Civil Rehabilitation
Mt. Gox, a defunct cryptocurrency exchange is to start civil rehabilitation proceedings to reimburse the victims of a cyber attack which took place in late 2013. Mt. Gox was a Tokyo based cryptocurrency exchange handling 70% of bitcoin transactions worldwide. In 2014, it completely stopped operating due to suspicious trading activity, resulting in customers losing around $473 million.
At 14.45 (GMT+1) total cryptocurrency market capitalization stands at $252,30 billion
Ethereum (ETH/USD) $459 (+3,93%)
Ripple (XRP/USD) $0,47 (+2,85%)
EOS (EOS/USD) $8,04 (+9,27%)
IOTA (+6,14) showed the best growth in the top-10
Cortex (+38,84) showed the best growth in the top-100
The trading volume of cryptocurrencies for 24 hours reached $16,61 (+3,05 billion per day)
BTC $2,7 for 10 TH/s
ETH $0,34 for 10 MH/s
BCH $0,28 for 1 TH/s
LTC $3,8 for 1 GH/s
DASH $0,13 for 1 GH/s
Click here for the full list of ongoing ICOs.
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By Nadya Astam