ConsenSys and True Digital to Lauch Ethereum Index

This is an initial step to the goal of making more crypto trading products available for institutional investors
13 March 2018   1057

ConsenSys joined forces with TrueDigital, the new division of the trueEx swap marketplace. Companies intend to launch a basic reference index for the Ethereum. such a price guide will be useful for companies developing ETH-related derivatives. This is reported by CoinDesk

At the same time, trueEx plans to launch its own marketplace of cryptocurrency derivatives under the TrueDigital brand. It is expected that the first product of the new site will be contracts for bitcoin. Currently, the tool is awaiting approval by the US Commodity Futures Trading Commission.

Institutional investors and commercial partners are ready for a regulated and liquid marketplace to gain exposure to and hedge these increasingly important digital currencies and commodities. But the marketplace is sorely lacking the necessary foundation, infrastructure and platforms that institutional investors have come to expect in other important markets.

Sunil Hirani

Founder, TrueDigital

It should be noted that the creation of official price indices will be an important step for the further development of cryptocurrency derivatives.

MyEtherWallet to Roll Out MEW Connect

The application provides a secure login to user accounts
19 September 2018   134

Developers of the popular wallet MyEtherWallet presented the final version of the mobile application MEW Connect.

The application provides a secure login to user accounts. With MEW Connect, users do not need to enter a private key to open a wallet. Instead of using a private key, the introduction of which may pose a security risk, the user reads a special QR code.

Kosala Hemachandra, MyEtherWallet founder in talk with TechCrunch said that he he hopes beta users will comb through the code and help find issues with the app before its wider release.

The app is available for both iOs and Android. service is visited daily by about 600 thousand users.

Recall, the beta version of MEW Connect was introduced in July.