Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 5,794.07 with a gain of 4.13% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $7,487 representing a gain of 4.54% in the last 24 hours. More than $600 M worth of BTC were exchanged in the BTC/USD market representing a 19.5% share of the global daily volume. The BTC/JPY pair represents a 54.4% share.

The Ethereum price has risen 7.68% over the past 24 hours and is currently sitting at $562, with over $350 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 34.1% market share of the daily trading volume.

For a detailed market analysis click here

Amazon’s Cloud Services are Being Used to Serve Mining Malware

As part of ongoing efforts to monitor the explosion of cryptocurrency mining malware over the last year, researchers have apparently found a cryptocurrency mining malware called "Xbooster" on the Amazon’s AWS cloud services, looking to infect computers and use their processing power to mine Monero. Researchers explained that the software is being dropped onto computers via sites hosted by Amazon's AWS cloud hosting services but it is not connected in any way to the company's recent addition of blockchain-based software.

Read more here

Crypto Payroll Processor Bitwage Launches ICO Advisory Firm

Last Tuesday, crypto payroll processor Bitwage announced that it has created a new advisory firm called Inwage to help traditional companies develop and hold token sales. The Inwage platform will include know-your-costumer procedures, payment processing and dividends, assistance to create and audit smart contracts, as well as website security. Bitwage president, Jonathan Chester, said:

"We started to build out an ICO technology that people can use without relying on a third party. People can license the InWage software and host it themselves. This is actually one of beautiful things about ICOs, the ability to sell a digital asset without the requirement of a third party."

Read more here

Baidu's 'Wikipedia' Now Logs Revisions on a Blockchain

Baidu Baike, the Chinese search engine equivalent to Wikipedia, is now using blockchain technology to record entries' revision histories and improve the transparency of its database. The company hasn't publicly announced the integration yet, however, searches made in the encyclopedia services showed that every item's previous revisions are now recorded on a blockchain with a specific hash value.

Read more here

Join us at the MJAC Blockchain Summit on 13th June

Here are the top reasons to attend one of the biggest blockchain events in London:

· Over 50 leading companies exhibiting at the show: The one-day event will feature presentations and panels from major forces in the industry such as Ripple, Coinbase, Citi, BlockEx, Coinfloor, VanEck and many more.

· Expert speakers: The lineup will include notable speakers such as Chris Burniske - co-founder of Placeholder Ventures, Coinbase UK CEO Zeeshan Feroz, Ruth Wandhöfer - Managing Director at Citi and CryptoCompare co-founder and CTO Vlad Cealicu.

· Exclusive discount

Get your ticket by the end of May here and enjoy a 40% discount by using the CRYPTOCOMPARE promo code, plus a free copy of Chris Burniske’s book.

Winning Poker Network Adds 5 New Cryptocurrencies

The online poker network that ignited the cryptocurrency revolution in iGaming is at it again. The Winning Poker Network today announced that they’re adding five new cryptocurrencies to their payment processing lineup.

Starting today, players can choose to deposit to and withdraw from their online poker account using Bitcoin gold, Neo, RCN, Salt, and Nem. That’s in addition to the more than 60 cryptocurrencies they already welcome.

The Winning Poker Network changed the online poker payment processing landscape a few years ago when they decided to embrace Bitcoin for deposits and withdrawals. Traditional payment methods like credit cards and bank deposits often come with hurdles, especially for US-based players, and the network sought to make payments faster and easier.

Last year, the US-facing online poker network expanded their payment offering to include more than 60 different cryptocurrencies. Players can deposit using their favorite one, convert it to USD for play at the real money online poker tables, and withdraw back to their cryptocurrency of choice. The same account balance can be used to bet on sports or play casino games, all under one umbrella and from one single account.

By accepting cryptocurrencies, the Winning Poker Network has eliminated the hurdles that come with using traditional payment methods, including declined transactions and payment delays that are often out of the cardroom’s control. Deposit and withdrawals with cryptocurrencies are near-instant and don’t come with any additional fees beyond the small miner’s fee.

For more information on getting started with cryptocurrency at the Winning Poker Network click here

Ubex: Artificial Intelligence in Advertising

Ubex is a global decentralized advertising exchange, operating fully on the basis of neural networks with the use of blockchain and smart contracts. Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the fairest and interesting model for advertisers.

To learn more about Ubex click here