Hempcoin to Undergo Hard Fork

HempCoin hard fork will occur on February 23, 2018, and all the holders of THC will be able to stake their masternodes of the new anonymous THC token
16 February 2018   1735

HempCoin was among the first 30 currencies developed in 2014 and is a highly focused digital currency for the Agriculture/Farming Industry and Marijuana/Hemp Industry, built on the source of Bitcoin, its use includes the Marijuana dispensaries and the entire Agriculture/Farming trade business.

In the end of January 2018, HempCoin has announced that it will implement the hard fork, which will occur on February 23, 2018.

HempCoin announcement regarding fork
Hempcoin Announcement regarding fork

As soon as the fork is complete, all the holders of THC will be abe to stake their masternodes of the new anonymous THC token.

At the press-time HempCoin is actively trading at Bittrex cryptocurrency exchange.

At the moment of press, these are main market parameters of HempCoin:

Average price: $0,241920
Market cap: $55 757 422
24h volume: $2 959 920

Binance to Partner with Chainalysis for AML

Use of Chainalysis KYT solution will allow to compile with KYC- and AML-norms and also simplify the process of opening bank accounts
18 October 2018   74

The largest exchange by daily trading volume Binance uses software from Chainalysis, called Chainalysis KYT [know your transaction], to monitor real-time transactions and identify transfers related to criminal activity. This is stated in a joint press release.

Cryptocurrency businesses of all sizes face the same core challenge: earning the trust of regulators, financial institutions and users. We expect many to follow Binance's lead to build world-class AML compliance programs to satisfy regulators globally and build trust with major financial institutions.
 

Jonathan Levin

Co-Founder and COO, Chainalysis

Thus, the use of software from Chainalysis not only guarantee compliance with the KYC- and AML-norms, but also simplify the process of opening bank accounts.

By working with Chainalysis, we are able to continue building a foundational compliance program that enables the next phase of our growth. Our vision is to provide the infrastructure for a blockchain ecosystem and increase the freedom of money globally, while adhering to regulatory mandates in the countries we serve.
 

Wei Zhou

CFO, Binance

Chainalysis KYT release was held in April.