BTCC launches DAX cryptocurrency-only exchange worldwide

Chinese bitcoin giant BTCC launches global crypto-to-crypto exchange ‘DAX’ with Bitcoin/Ethereum Classic as its first trading pair
28 June 2017   2165
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

The longest-running bitcoin exchange in the world, Chinese giant BTCC, introduces its first pure cryptocurrency exchange BTCC DAX, which allows customers to exchange their bitcoins for ethereum classic and other cryptocurrencies, and vice-versa.

BTCC webinterface

Ethereum

Is an open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

A Twitter-based poll conducted by CEO of BTCC Bobby Lee in May showed that ETC was the most desirable currency to start trading with. Thus, the new platform started accepting customer deposits on Monday (June 26th) and trading was set to go live on Tuesday at the same time. BTCC also plans to list new cryptocurrencies on DAX in coming weeks: the next currency to be listed on DAX will be ethereum (ETH), which is to be introduced during the week of July 3rd, 2017.

The new platform «has a simple and easy-to-use interface that ensures a straightforward trading experience for beginning and advanced traders», - BTCC reports, adding that “the exchange is also fully responsive”, meaning that it is available on all desktop and mobile browsers. Signing up for the exchange takes less than five minutes to complete. On top of that, BTCC provides DAX customers with support, which is available round-the-clock for customer inquiries, with guaranteed responses within 12 hours.

BTCC DAX also offers customers a secure trading experience, with customers’ funds held in cold-storage.

PwC to Represent Crypto Analysis Tool

Halo aims to provide warranty services to cryptocurrency transactions, in particular, the solution helps to create independent evidence for private-public key pairs
20 June 2019   81

One of the world's largest consulting firms, PricewaterhouseCoopers (PwC), announced the launch of an updated audit solution that supports cryptocurrency assets. This is stated in the press release of the company.

A tool called Halo aims to provide warranty services to cryptocurrency transactions. In particular, the solution helps to create independent evidence for private-public key pairs, which is one of the elements necessary for establishing cryptocurrency ownership rights.

In addition, Halo can collect information about transactions and balances on the blockchain.

As noted in the statement, the decision can be used by companies for which PwC is not an auditor. The initiative should help them try new opportunities and solve problems related to the blockchain and cryptocurrencies.

Currently, PwC can use the updated tool to provide warranty services to customers operating Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, LiteCoin, Ethereum, Ripple (XRP), as well as the ERC-20 OAX token.

PwC has been showing quite a strong interest in the cryptocurrency industry for several years now. So, in 2017, the company began accepting payments in Bitcoins, and last year began to develop new standards for the ecosystem of digital assets and stablecoats.