ARK releases Core v2 codebase

New ARK Core v2 codebase for public testing on public test network DevNet will be released on June 14
02 June 2018   393

ARK is releasing Core v2 codebase to DevNet on June 14. Anyone running a DevNet node to be prepared prior to release. As the code gets published on Github repository, DevNet delegates running v1 nodes will need to update their servers. Thus the testing will commence.

The first iteration of the ARK Core is going to be fully backwards-compatible, so the community will still be able to run the old ARK nodes on DevNet. Following the testing phase, there will be a transition to the MainNet and AIP-11 Hardfork.

ARK provides users, developers, and startups with innovative blockchain technologies. It is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need. At the moment of publication, ARK market indicators are as follows:

Average price 2.55 USD
Market cap 262,107,974 USD
Volume (24H) 1,798,740 USD

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   92

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.