ANN Zank.com - Cryptocurrency Exchange | Buy and Sell BTC

Zank

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Zank is an online automated cryptocurrency-trading platform.

While creating our service, we've pursued our main goal: to provide users with a modern, secured and very convenient tool for fast exchange of digital currencies. Our team has invested a lot of efforts and work towards achieving this. Some of the work we've done include:
  • All the services existing in the market were analyzed and the options which are highly-demanded by users were chosen.
  • The Zank platform has been made as concise and user-friendly as possible.
  • The exchanger was powered using secured and fast technologies.
  • Users can now buy and sell in the most transparent mode.
  • Technical support has been provided to users.
  • We conduct our activities in an open and transparent manner, without hiding our business registration details.


The project employs people with professional education, who have the necessary expertise in related areas, such as Internet banking, finance and corporate banking services. We strive to make our service the best and constantly focus on development.

Affiliate Program
Our Affiliate Program offers favorable terms of cooperation.
  • You receive 30% of the commission for each user you bring to us.
  • High commissions
  • The reward is in cryptocurrency
  • Fast payouts
  • Referral link to any page
Share your referral link, add the link on your site, blog, forum and other resources.

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Tech.support: support@zank.com
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Zank

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News of the cryptocurrency market:




German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%.

Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account will be loaned to institutional borrowers via Celsius, earning weekly interest on their Bitcoin in the form of BTC. Bitwala frames DeFi as “a new way to generate wealth,” emphasizing the opportunity for passive income to be generated from crypto holdings. Users can deposit from $12 worth of Bitcoin into Bitwala’s interest accounts, and are able to add and withdraw funds at any time. Only network fees are incurred through using the account, with investments and withdrawals processed without cost to the user...



In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after the COVID-19 pandemic. According to the survey, the COVID-19 crisis will accelerate the rhythm of digital transformation.

One of the benefits of an advancing digital transformation is that it can lead to new solutions, unlocking inconceivable possibilities. This is especially true in digital services provided by governments, as the potential for innovation within the sector is vast. With that in mind, Brazil instituted its Digital Government Strategy through the Decree 10332/2020 this week...




Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16.

These security incidents were reported in the UK, Germany, and Switzerland. Additionally, another possible attack occurred in a high-performance computer center in Spain, according to the report. Most of the attacks appear to have targeted universities. University of Edinburgh,which runs the ARCHER supercomputer, reported the first incident on Monday. Then, major universities’ high-performance computing clusters in the state of Baden-Württemberg, Germany also announced that they were attacked on Monday with similar security incidents, and had to be shut down.

More attacks happened in institutions in other parts of Germany, Spain, and Switzerland later in the week. Clusters in the Leibniz Computing Center, or LRZ, an institute under the Bavarian Academy of Sciences, the Julich Research Center in the town of Julich, Germany, the Faculty of Physics at the Ludwig-Maximilians University in Munich, Germany, and the Swiss Center of Scientific Computations, or CSCS, in Zurich, Switzerland were all counted amongst the victims...


Buy and sell bitcoin through Zank – earn quickly and easily!
 

Zank

Contributor
News of the cryptocurrency market:




German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%.

Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account will be loaned to institutional borrowers via Celsius, earning weekly interest on their Bitcoin in the form of BTC. Bitwala frames DeFi as “a new way to generate wealth,” emphasizing the opportunity for passive income to be generated from crypto holdings. Users can deposit from $12 worth of Bitcoin into Bitwala’s interest accounts, and are able to add and withdraw funds at any time. Only network fees are incurred through using the account, with investments and withdrawals processed without cost to the user...



In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after the COVID-19 pandemic. According to the survey, the COVID-19 crisis will accelerate the rhythm of digital transformation.

One of the benefits of an advancing digital transformation is that it can lead to new solutions, unlocking inconceivable possibilities. This is especially true in digital services provided by governments, as the potential for innovation within the sector is vast. With that in mind, Brazil instituted its Digital Government Strategy through the Decree 10332/2020 this week...




Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16.

These security incidents were reported in the UK, Germany, and Switzerland. Additionally, another possible attack occurred in a high-performance computer center in Spain, according to the report. Most of the attacks appear to have targeted universities. University of Edinburgh,which runs the ARCHER supercomputer, reported the first incident on Monday. Then, major universities’ high-performance computing clusters in the state of Baden-Württemberg, Germany also announced that they were attacked on Monday with similar security incidents, and had to be shut down.

More attacks happened in institutions in other parts of Germany, Spain, and Switzerland later in the week. Clusters in the Leibniz Computing Center, or LRZ, an institute under the Bavarian Academy of Sciences, the Julich Research Center in the town of Julich, Germany, the Faculty of Physics at the Ludwig-Maximilians University in Munich, Germany, and the Swiss Center of Scientific Computations, or CSCS, in Zurich, Switzerland were all counted amongst the victims...


Buy and sell bitcoin through Zank – earn quickly and easily!
 

Zank

Contributor
News of the cryptocurrency market:




German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%.

Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account will be loaned to institutional borrowers via Celsius, earning weekly interest on their Bitcoin in the form of BTC. Bitwala frames DeFi as “a new way to generate wealth,” emphasizing the opportunity for passive income to be generated from crypto holdings. Users can deposit from $12 worth of Bitcoin into Bitwala’s interest accounts, and are able to add and withdraw funds at any time. Only network fees are incurred through using the account, with investments and withdrawals processed without cost to the user...



In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after the COVID-19 pandemic. According to the survey, the COVID-19 crisis will accelerate the rhythm of digital transformation.

One of the benefits of an advancing digital transformation is that it can lead to new solutions, unlocking inconceivable possibilities. This is especially true in digital services provided by governments, as the potential for innovation within the sector is vast. With that in mind, Brazil instituted its Digital Government Strategy through the Decree 10332/2020 this week...




Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16.

These security incidents were reported in the UK, Germany, and Switzerland. Additionally, another possible attack occurred in a high-performance computer center in Spain, according to the report. Most of the attacks appear to have targeted universities. University of Edinburgh,which runs the ARCHER supercomputer, reported the first incident on Monday. Then, major universities’ high-performance computing clusters in the state of Baden-Württemberg, Germany also announced that they were attacked on Monday with similar security incidents, and had to be shut down.

More attacks happened in institutions in other parts of Germany, Spain, and Switzerland later in the week. Clusters in the Leibniz Computing Center, or LRZ, an institute under the Bavarian Academy of Sciences, the Julich Research Center in the town of Julich, Germany, the Faculty of Physics at the Ludwig-Maximilians University in Munich, Germany, and the Swiss Center of Scientific Computations, or CSCS, in Zurich, Switzerland were all counted amongst the victims...


Buy and sell bitcoin through Zank – earn quickly and easily!
 

Zank

Contributor
News of the cryptocurrency market:




German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%.

Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account will be loaned to institutional borrowers via Celsius, earning weekly interest on their Bitcoin in the form of BTC. Bitwala frames DeFi as “a new way to generate wealth,” emphasizing the opportunity for passive income to be generated from crypto holdings. Users can deposit from $12 worth of Bitcoin into Bitwala’s interest accounts, and are able to add and withdraw funds at any time. Only network fees are incurred through using the account, with investments and withdrawals processed without cost to the user...



In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after the COVID-19 pandemic. According to the survey, the COVID-19 crisis will accelerate the rhythm of digital transformation.

One of the benefits of an advancing digital transformation is that it can lead to new solutions, unlocking inconceivable possibilities. This is especially true in digital services provided by governments, as the potential for innovation within the sector is vast. With that in mind, Brazil instituted its Digital Government Strategy through the Decree 10332/2020 this week...




Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16.

These security incidents were reported in the UK, Germany, and Switzerland. Additionally, another possible attack occurred in a high-performance computer center in Spain, according to the report. Most of the attacks appear to have targeted universities. University of Edinburgh,which runs the ARCHER supercomputer, reported the first incident on Monday. Then, major universities’ high-performance computing clusters in the state of Baden-Württemberg, Germany also announced that they were attacked on Monday with similar security incidents, and had to be shut down.

More attacks happened in institutions in other parts of Germany, Spain, and Switzerland later in the week. Clusters in the Leibniz Computing Center, or LRZ, an institute under the Bavarian Academy of Sciences, the Julich Research Center in the town of Julich, Germany, the Faculty of Physics at the Ludwig-Maximilians University in Munich, Germany, and the Swiss Center of Scientific Computations, or CSCS, in Zurich, Switzerland were all counted amongst the victims...


Buy and sell bitcoin through Zank – earn quickly and easily!
 

Zank

Contributor
+[/QUOTE said:
News of the cryptocurrency market:




The deadline is here: On May 18, unregistered Dutch crypto firms could face penalties if they do not fall into line with the Netherlands’ new anti-money laundering (AML) laws, passed by the Dutch Upper House on April 21.

According to the Anti-Money Laundering Directive, companies offering crypto-to-fiat or custodial services should have registered by today. In contrast, those offering only crypto-to-crypto services are exempt.

The Dutch Bank (DNB), the body in charge of regulating financial activities in the Netherlands, will be obliged to comply with the mandates of the Dutch government. However, they will not issue licenses for crypto businesses. Instead, paid registration will be mandatory and cost up to €34,000 per year.




U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust.

Fruit and vegetable news outlet The Packer reported on May 17 that California Giant will use a blockchain to share data between all the points of its supply chain. The firm employs Glassbit’s Glasschain IBM Food Trust integration compliance as a service solution. According to California Giant’s senior director of operations Thomas Taggart, the integration with IBM’s blockchain network will allow the firm and its partners to find ways to improve the efficiency of product transportation. According to company data website Owler, California Giant has an estimated annual revenue of $62.6 million and employs 103 people.




Japanese cryptocurrency exchange bitbank has begun implementing changes to make it compliant with the country’s revised Payment Services Act (PSA), effective May 1.

Atsushi Kuwabara from bitbank spoke to Cointelegraph on how local exchanges and regulatory bodies would be responding to modifications of cryptocurrency-related laws first proposed by the Japanese House of Representatives in 2019. Under the modifications to the PSA, all references to “virtual currency” must be replaced with the term “crypto asset”. The Japan Virtual Currency Exchange Agency (JVCEA), has changed its name to the Japan Crypto Asset Exchange Agency, though it will still be referred to as the JVCEA.

Under the new PSA, Japanese Cabinet Ordinance and financial watchdog Financial Services Agency (FSA) guidelines, any user who sends crypto assets to an exchange has a “prioritized right of return” for any assets.


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Zank

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News of the cryptocurrency market:




A new bill before Congress asks regulators to put together a massive survey on the state of blockchain adoption and rank the U.S.’s adoption relative to other nations.

On May 19, Representative Brett Guthrie (R-KY) introduced the “Advancing Blockchain Act.” Per a May 18 draft of the legislation obtained by Cointelegraph, the bill asks the Federal Trade Commission and the Secretary of Commerce to put together a new survey of blockchain’s uses and the state of adoption in the United States. The current text of the bill also seems to focus on uses of blockchain in interstate commerce, potentially including, for example, supply chain management. Given Guthrie’s role on the House Energy and Commerce Committee, it’s possible that blockchain’s use cases in the energy sector appeal to him as well.




Shopify sellers can now accept crypto via digital asset payment processor, CoinPayments.

A partnership with crypto payment processor CoinPayments means bolstered digital asset payment compatibility for Canadian e-commerce giant Shopify. Shopify sellers can now harness CoinPayments' digital asset payment processing platform, paving the way for sellers to accept 1,800 different cryptocurrencies as payment, a May 20 statement detailed. Shopify touted cryptocurrency payment compatibility prior to the CoinPayments partnership, via Coinbase Commerce, BitPay and GoCoin, although CoinPayments adds to the offering.




Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”.

Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website. As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in Guangdong province believed to be behind the scheme, after an investigation found that WeChat crypto trading groups had been infiltrated from November 2019. Scammers persuaded victims to invest in the fake OTC platform, which was used for money laundering, and then sent the defrauded money to overseas accounts.


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Zank

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Dear clients and partners!

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Zank

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Dear clients and partners!

Exchange service Zank.com, added to the monitoring listing RatesGuru

Leave feedback on our page Exchanger Zank Com



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Zank

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News of the cryptocurrency market:




Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.

On May 23, Mike Dundas, the founder of crypto media outlet The Block, posted a screenshot of the invitation for the call, revealing that the event will be hosted by Sharmin Mossavar-Rahmani, the CIO of Goldman’s Investment Strategy Group, alongside Harvard economics professor Jason Furman, and Goldman Sachs’ chief economist Jan Hatzius.




National People’s Congress, China’s parliament and Chinese People’s Political Consultative Conference, the most powerful political advisory body in the country, have recently begun their annual sessions. These are widely referred to as the "Two Sessions" or "lianghui" meetings. These meetings have been ongoing since May 22.

The National People’s Congress, or NPC, is China's top legislative body. Nearly 3,000 delegates from around the country meet once a year to submit proposals during the meetings. According to a Beijing News’ report on May 23, Jieqing Tan, deputy to the NPC, suggested setting up a special fund for blockchain industry development. If accepted, this fund would be led by the government. The aim of the fund is to support the development and growth of a number of promising blockchain enterprises, encourage blockchain technology innovation, and cultivate a number of unicorn enterprises in the blockchain space, says Tan.




Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain.

Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s director of technology Alex Blagirev discuss his predictions for how virtual social media will change the way that people interact online. Cointelegraph spoke to GBBC to discuss the intersection between social media and virtual reality, or VR, and the role that blockchain plays in the sector’s future.


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Zank

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News of the cryptocurrency market:




Swiss DeFi startup Eidoo partners with principal member of Visa Europe to issue a new Visa crypto debit card.

Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility. In order to build a bridge between traditional finance and emergent assets like Bitcoin, a Swiss crypto startup called Eidoo has introduced a new Visa crypto debit card that uses regulated stablecoins for crypto-to-fiat conversion.

The so-called Eidoo Card has been approved for operation by payment giant Visa. Announcing the news on May 25, Eidoo told Cointelegraph that its new card will enable 40 million Visa merchants to accept crypto-derived fiat currencies, including the British pound (GBP) and euro (EUR).




Daejeon University is the latest in a series of South Korean universities redesigning portions of its finance and technology departments. The university made an official announcement on May 25 that it would open a new fintech department called “Future Convergence.”

According to the announcement published by Daejeon Journal, the curriculum will consist of topics such as smart health care, smart city, smart factory, and various employment fields in the medical institutions by implementing blockchain technology.

Universities in South Korea are boosting educational programming related to blockchain, big data, and artificial intelligence amid the country’s crisis of college graduates who are struggling to find jobs. Daejong’s new fintech department expects that work done there will foster “talents for the 4th industrial revolution.”




The price of Bitcoin dropped to $8,800 over the weekend and data shows miners and retail investors led the correction.


On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk of a bigger pullback.

The initial drop of Bitcoin below $9,000 coincided with a massive inflow of BTC into exchanges and Bitcoin on-chain data indicates key players were selling over the weekend.

According to data, miners, exchanges and retail investors may have led to the decline in the price of Bitcoin over the past three days.

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Zank

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News of the cryptocurrency market:




Bitcoin price is struggling to reclaim $9,000, leading investor sentiment to turn bearish on BTC’s short-term price action.

Bitcoin (BTC) price had a relatively muted day as the digital asset traded between $8,700-$8,885. Currently, the price remains below the ascending channel trendline and the daily candle closed as a neutral doji, showing bulls and bears are in contention on the direction Bitcoin will take over the short-term. As the price searches for direction and its dominance rate drops from 67% to 65.5%, a handful of altcoins continued a multi-day streak of impressive double digit rallies.




The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins.

After spiking a week ago to levels last seen in February 2018, the average Bitcoin (BTC) transaction fee has fallen by more than half. BitInfoCharts data shows that Bitcoin’s average fee decreased by nearly 54% from $6.65 on May 20 to $3.07 on May 25. The median — or most common — fee peaked at $3.91, but has now fallen to $1.65.




The Global Blockchain Business Council believes the pandemic has shone a light on many systemic inefficiencies that blockchain technology can solve.

The Swiss-based non-profit blockchain industry association, the Global Blockchain Business Council (GBBC), believes that the crises resulting from the coronavirus pandemic have highlighted the benefits of distributed ledger technology (DLT). In email correspondence with Cointelegraph, a representative of the GBBC asserted that DLT can modernize and address the inefficiencies of the systems that underpin the organization of contemporary societies. With this in mind, the GBBC is working to foment dialogue among key policymakers and business leaders on how DLT can “address certain inefficiencies, and in some cases fundamentally shift frameworks and systems in hopes of creating more secure, equitable, and functional societies.” The GBBC will devote significant resources to engaging lawmakers over the coming years.


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Zank

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News of the cryptocurrency market:





The Norwegian-based producer of farmed-salmon, Kvarøy Arctic, has become the latest firm to join IBM’s Food Trust — the tech giant’s blockchain-based supply chain solution for the food industry.

Kvarøy Arctic is a supplier for numerous restaurants and Whole Foods retailers in the United States and Canada, and will now utilize blockchain technology to provide detailed information on the origin of its produce to restaurants and consumers. Information regarding the origin of salmon farmed by Kvarøy Arctic will be accessible to corporate buyers and consumers through QR codes. Customers will be able to access comprehensive information and images detailing the conditions under which the salmon was produced, including the population and density of the habitats in which the salmon were raised, their age, date of harvest, and information concerning the supply route taken from farm to supermarket. The salmon producer is also working with its feed supplier BioMar to also provide its supply chain data to the project.





Ripple’s Xpring initiative has invested at least $500 million in various projects since it was launched in 2018.

The Block’s John Dantoni tracked Xpring’s investments and found that the initiative has contributed to at least 27 projects to date, including Compound, Dharma, Securitize, Bitso and Forte.

Xpring invested $100 million in Forte last year - a blockchain-based gaming platform, which leverages Xpring's open-source Interledger Protocol with XRP serving as a base pair settlement. Many of Xpring’s investments are related to Ripple’s core business model, centered around XRP and payments development, as Dantoni noted. Last year, Xpring made at least 18 investments. This year, the initiative has been quiet, with only two investments so far - in crypto ATM provider Coinme and blockchain platform for decentralized applications NEAR Protocol.




The Office of the Comptroller of the Currency – which regulates banks in the U.S. – is seeking feedback from the public on the digital activities of national banks and federal savings associations, which includes actions related to cryptocurrencies and digital assets.

The OCC published two notices on Thursday, a Notice of Proposed Rulemaking and an Advance Notice of Proposed Rulemaking, which cover a range of topics related to its remit as a regulator of U.S. banks. It's the second of two notices that focuses on digital activities and hones in on the topic of crypto.

The OCC has set a deadline of August 3 for the receipt of public comments. The OCC is currently led by Brian Brooks, a former chief legal officer for crypto exchange Coinbase, on an interim basis.


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Zank

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News of the cryptocurrency market:

The Norwegian-based producer of farmed-salmon, Kvarøy Arctic, has become the latest firm to join IBM’s Food Trust — the tech giant’s blockchain-based supply chain solution for the food industry.
Kvarøy Arctic is a supplier for numerous restaurants and Whole Foods retailers in the United States and Canada, and will now utilize blockchain technology to provide detailed information on the origin of its produce to restaurants and consumers. Information regarding the origin of salmon farmed by Kvarøy Arctic will be accessible to corporate buyers and consumers through QR codes. Customers will be able to access comprehensive information and images detailing the conditions under which the salmon was produced, including the population and density of the habitats in which the salmon were raised, their age, date of harvest, and information concerning the supply route taken from farm to supermarket. The salmon producer is also working with its feed supplier BioMar to also provide its supply chain data to the project.

Ripple’s Xpring initiative has invested at least $500 million in various projects since it was launched in 2018.
The Block’s John Dantoni tracked Xpring’s investments and found that the initiative has contributed to at least 27 projects to date, including Compound, Dharma, Securitize, Bitso and Forte.
Xpring invested $100 million in Forte last year - a blockchain-based gaming platform, which leverages Xpring's open-source Interledger Protocol with XRP serving as a base pair settlement. Many of Xpring’s investments are related to Ripple’s core business model, centered around XRP and payments development, as Dantoni noted. Last year, Xpring made at least 18 investments. This year, the initiative has been quiet, with only two investments so far - in crypto ATM provider Coinme and blockchain platform for decentralized applications NEAR Protocol.

The Office of the Comptroller of the Currency – which regulates banks in the U.S. – is seeking feedback from the public on the digital activities of national banks and federal savings associations, which includes actions related to cryptocurrencies and digital assets.
The OCC published two notices on Thursday, a Notice of Proposed Rulemaking and an Advance Notice of Proposed Rulemaking, which cover a range of topics related to its remit as a regulator of U.S. banks. It's the second of two notices that focuses on digital activities and hones in on the topic of crypto.
The OCC has set a deadline of August 3 for the receipt of public comments. The OCC is currently led by Brian Brooks, a former chief legal officer for crypto exchange Coinbase, on an interim basis.
Buy and sell bitcoin through Zank – earn quickly and easily!
 

Zank

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News of the cryptocurrency market:




China Zheshang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the National Association of Financial Market Institutional Investors’s (NAFMII) pilot project for ABCPs.

An asset-backed commercial paper is a short-term investment issued by financial institutions to help companies meet short-term goals. Dubbed “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” the period of the Lianxin ABCP is six months and the span of the next issuance is yet to be specified. An official of the NAFMII noted that the use of blockchain technology would provide enterprises a “direct channel to markets, helping to greatly increase the accessibility of business financing.”




In the midst of ongoing protests across the United States, some turned violent by police brutality, one publication has uncovered information on a Pentagon war game created in 2018 that has an uncanny resemblance to current events.

According to a June 6 article on The Intercept, documents reveal the United States Pentagon created a game called the 2018 Joint Land, Air and Sea Strategic Special Program (JLASS). In the scenario, members of Generation Z — people born starting in the mid-1990s — are rewarded in Bitcoin (BTC) for their efforts starting a rebellion, i.e. “Zbellion”. Players in the fictitious United States in the 2020s are given the proceeds of their attacks on target corporations, financial institutions, and political and non-profit organizations that support "the establishment" in the cryptocurrency. According to the document, “Zbellion uses software programs to route any proceeds into laundering programs that ultimately convert national currencies into Bitcoin” and makes "small, below the threshold donations" to "worthy recipients", including members who conduct the attacks or have a financial need.




The CEO of FinTech company CoolBitX says only 10% of countries in the FATF are prepared for the June 24 meeting to discuss the travel rule.

The Financial Action Task Force (FATF) has a plenary meeting scheduled on June 24 to assess the progress of Virtual Asset Service Providers (VASPs) worldwide in enforcing the organization’s “travel rule”. According to Pawel Kuskowski at Forbes, the FATF meeting will be held virtually in two weeks to discuss the organization’s guidelines intended to make VASPs compliant with anti-money laundering (AML) and Anti-Terrorist Financing (ATF) regulations. He says FATF member jurisdictions “must demonstrate progress” on implementing the travel rule, as their efforts will be reviewed at the June 24 meeting.


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News of the cryptocurrency market:




Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy.

According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing it to the servers from which they request the balances or transaction history. The statement said that conventional Bitcoin wallets explicitly ask servers for the balance of their addresses, which links the balance, transactions and addresses. However, “using the technology Fressets has developed, it is mathematically proven that the servers cannot learn anything from the user’s query.”




London-based ETC Group will list the first crypto exchange-traded product on Germany's Xetra digital stock exchange this month. Traders in the UK, Italy and Austria will also be able to deal in shares of the new product.

According to ETF Stream, the ETC Group announced on June 9 that Bitcoin Exchange Traded Crypto (BTCE), an exchange-traded product (ETP), will launch on Deutsche Börse Xetra after it receives approval from German financial regulators. BTCE tracks the price of Bitcoin (BTC) and is physically backed by the cryptocurrency. The Bitcoin will be held in cold storage by digital asset custodian BitGo.




New research from MIT says a decentralized protocol is a must for secure online voting, however the current online voting platform is too centralized and vulnerable.

The pandemic has forced many companies to move their operations online. It has also brought the question of online voting to the forefront of conversation in the United States, which is facing an election year. According to a June 7 paper from researchers at the Massachusetts Institute of Technology and University of Michigan, Democracy Live’s popular online voting platform, OmniBallot, is vulnerable to vote manipulation. Many states have tried OmniBallot, which uses Amazon Web Services to lock in votes, but it has faced security issues. A more decentralized online voting is part of the solution to protect ballots, the researchers say.


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The Human Rights Foundation (HRF) has launched a fund to support software developers working on privacy-focused Bitcoin projects.

The New York-based nonprofit, which aims to promote and protect human rights globally, announced the initiative in a press release on Wednesday. The HRF said it is starting the fund in order to "better serve as a financial tool for human rights activists, civil society organizations and journalists around the world." HRF is also seeking more support via a crowdfunding campaign in which 95% of donations collected will be used to fund the work of selected developers. (The remaining 5% will support HRF's efforts in general.)




The Intercontinental Exchange’s digital asset custody and derivatives platform Bakkt has partnered with crypto asset manager Galaxy Digital to launch a ‘white glove’ service for institutions seeking Bitcoin (BTC) exposure.

The collaboration will see Galaxy Digital Trading’s (GDT) matching engine and trading platform offered alongside Bakkt’s digital asset custody services. The partnership will see GDT source liquidity from over 30 market makers, with trading taking place 24 hours a day, 365 days per year. GDT generated over $1 billion in digital asset volume during the first quarter of 2020 spanning its spot, lending, derivatives, and structured crypto products.




As Bitcoin continues to hold above $9,800, one whale decided now was the time to move more than $1 billion in BTC.

According to blockchain data, an unknown Bitcoin (BTC) trader moved over 132,255 BTC — roughly $1.3 billion — in three transactions just one minute apart on June 11. The cryptocurrency was moved in block 643,133. The transactions came as the price of BTC was still under a key resistance level, $10,000. The massive volume led to speculation the BTC belonged to an exchange or custodial service with one user on Reddit speculating Coinbase Custody was responsible.


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The popular DeFi app Celsius Network has publicly launched a $15 million equity offering, selling out over two-thirds of its target in less than six hours.

Pioneering decentralized finance (DeFi) application Celsius Network has launched an equity offering through Bnktothefuture. As of this writing, the campaign has raised over $10.7 million of the $15 million maximum, and has surpassed its minimum investment goal of $10.5 million. Thirty-nine investors have participated so far, with 44 days remaining on the raise. The minimum investment in Celsius’ equity fundraising round is $1,000. The round is open to both U.S. and international investors.




Seychelles-based exchanges led the world in cross-border Bitcoin (BTC) transactions in 2019. What Switzerland is to the world of watchmaking, Seychelles is to the world of crypto exchanges.

The small island nation with a total population of less than 100,000, presents a perfect playground for the enterprises that are looking for a place that allows them to optimize their tax liabilities with regulators who operate with a light touch. The most active international trade routes are Seychelles — EU, Seychelles — US, and Seychelles — South Korea, each connection producing volumes in excess of $2 billion.




The $5.7 trillion asset manager Vanguard has completed the first phase of its pilot testing of settlements for blockchain-based asset-backed securities.

Vanguard, the world’s second-largest index fund manager, has announced the successful completion of the first phase of its blockchain pilot trialing the digitization of asset-backed securities (ABS). The pilot has seen Vanguard partner with a large U.S.-based ABS provider, distributed ledger technology provider Symbiont, and financial institutions BNY Mellon and Citi, to model the full life cycle of securities settlement using a distributed ledger technology network. As of April 30, Vanguard managed $5.7 trillion in assets globally, offering more than 425 funds to 30 million investors.


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350 Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses.

A survey of 350 Chinese companies revealed that Blockchan’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remain optimistic about the potential of Blockchain technology. Up to 20% believe that they will invest even more to mitigate the effects of the crisis.




Data from Bitinfocharts show transaction fees average 71 cents. That’s a big drop from last month when they were as high as $6.65.

Bitcoin's transactions fees have dipped to fresh lows—the cost of sending the cryptocurrency now averages $0.711, data from Bitinfocharts shows. Bitcoin transaction fees have plummeted since a spike last month following May 11’s halving. The cost of sending Bitcoin reached a peak of $6.65 on May 20—the highest average transaction fee since July 2018. Data shows transaction fees have dropped by almost 90%—89.3% to be precise—in just 25 days.




A bug in latest code for Trezor hardware wallets could temporarily lock users out of their Bitcoin. To keep spending your digital gold using Wasabi, don’t update to the latest version.

Apersonal safety announcement from privacy-focused Bitcoin wallet Wasabi today: don’t update your Wasabi wallet if you use a Trezor device. If you do, you could temporarily lose access to your Bitcoin. While you’re at it, don’t update your Trezor devices if you’re using Wasabi. If you’re using a Trezor Model T, don’t update to version 2.3.1., and if you’re using a Trezor One, don’t update to 1.9.1.



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