DMM Bitcoin Exchange Opened

The exchange began trading on Thursday January 11
12 January 2018   2318

DMM Group, Japanese internet and entertainment conglomerate has launched a cryptocurrency exchange under the brand name DMM Bitcoin. The platform began trading on Thursday January 11.

DMM Bitcoin Exchange

The platform supports bitcoin, litecoin, ethereum, ethereum classic, nem, bitcoin cash and ripple. Fourteen currency pairs are available for trading. In addition to the 7 coins trading for yen, 7 crypto-to-crypto trading pairs are offered:

  • ETH/BTC,
  • ETC/ETH,
  • XEM/BTC,
  • XRP/BTC,
  • LTC/BTC,
  • ETC/BTC,
  • BCH/BTC.

The exchange is giving away 1,000 yen (~$US9) to all customers who open a new account during the campaign period between January 11 to March 11.

According to DMM’s announcement, the exchange is using a trading platform provided by Simplex Inc. called “Simplex Cryptocurrency.” This platform offers trading tools for general investors, business management systems, and a dealing system.

In addition, Next Currency Inc, a branch of DMM Group, is launching a new cryptocurrency exchange called Cointap.

Cointap Exchange

The company added that Cointap will be tailored for investors entering the market for the first time.

VeriBlock to Report on Mainnet Launch

VeriBlock believes their technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”
21 March 2019   81

Using the bitcoin blockchain to ensure the safety of altcoins, the VeriBlock project announced the launch of the main network. This is reported in a press release.

According to the developers, the VeriBlock technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”. The project is confident that this approach not only ensures the security of less popular networks, but also allows their developers to focus on innovation and functionality.

According to analysts of The Block, 25–45% of bitcoin transactions fall on VeriBlock. The VeriBlock network uses a consensus algorithm called Proof-of-Proof (PoP). The project seeks to ensure the safety of other blockchains by loading a snapshot of the altcoin registry into the BTC blockchain, using the OP_RETURN function and other methods to embed network state data.

The project’s website states that PoP allows altcoin networks to use the most protected Bitcoin blockchain with its Proof-of-Work algorithm.