Cryptocurrency market capitalizations overview

Ethereum falls below $300 due to ICOs issues
26 June 2017   2555
Blockchain

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

Bitcoin and the most of the altcoins had a new downturn this weekend and left investors wondering what this week will bring to their capital.

This Monday, Bitcoin had fallen to an average $2530 on Coinmarketcap, -5.15% in 24 hours.

Ethereum (ETH), due to three ICOs with network issues last week, fell considerably even, returning below $300 to currently trade around $283.

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ETH’s sudden network issues meanwhile is leading analysts to forecast continued losses into this week.

Tone Vays highlighted weak lines of support versus BTC, and argued prices “might drop another 40%” before “strong support” appears.

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.