AdCoin to release its second installment

Second release of the advertising platform will be on June 21 with lots of extra features
18 June 2018   360

After a month since the launch of the beta version of AdCoin advertising platform, it suffered from traffic increase, attempted hacks and DDoS attacks. Consequently, it was paused and the development got focused on the second release. The decision was made to launch it on June 21.

AdCoin.Click advertsing platform

Brand-new advertising platform allows advertisers to get massive crypto audience in an instant, and publishers to earn money with their websites showing relevant crypto related ads on their websites. At the moment of publication, AdCoin market parameters are as follows:

Average price 0.039586 USD
Market cap 254,628 USD
Volume (24H) 461 USD

Binance to Partner with Chainalysis for AML

Use of Chainalysis KYT solution will allow to compile with KYC- and AML-norms and also simplify the process of opening bank accounts
18 October 2018   95

The largest exchange by daily trading volume Binance uses software from Chainalysis, called Chainalysis KYT [know your transaction], to monitor real-time transactions and identify transfers related to criminal activity. This is stated in a joint press release.

Cryptocurrency businesses of all sizes face the same core challenge: earning the trust of regulators, financial institutions and users. We expect many to follow Binance's lead to build world-class AML compliance programs to satisfy regulators globally and build trust with major financial institutions.

Jonathan Levin

Co-Founder and COO, Chainalysis

Thus, the use of software from Chainalysis not only guarantee compliance with the KYC- and AML-norms, but also simplify the process of opening bank accounts.

By working with Chainalysis, we are able to continue building a foundational compliance program that enables the next phase of our growth. Our vision is to provide the infrastructure for a blockchain ecosystem and increase the freedom of money globally, while adhering to regulatory mandates in the countries we serve.

Wei Zhou

CFO, Binance

Chainalysis KYT release was held in April.