Krypton Software Launches Crypto Market Indices

Krypton Software is rolling out three distinct indices to track different changes in the crypto market
21 February 2018   1006

Krypton Software, a trading technology provider, is launching a new set of indices that are tracking changes on the cryptocurrency market. The company is focusing on three distinct measures that may be interesting to different types of traders and investors.

A proprietary algorithm is tracking the changes of each of the indices and calculates them in real time, updating an API feed which can be distributed to a different set of apps. The value is calculating via using the firm’s own price feed which is connected to over 10 crypto exchanges.

The first type of the indices developed by Krypton Software is focusing on the changes in the value of the market capitalization of the biggest cryptocurrencies. The market cap indices measure the change of the top 5, 10, 30, 50 and 100 cryptocurrencies. The company named those CC05, CC10, CC30, CC 50 and CC100.

The second type of indices which Krypton Software has developed are focusing on volatility. Two products measure the standard deviation of the CC10 on a daily and weekly basis. In contrast to the real-time update on the market cap indices, these generate a new price each 15 seconds.

The third type of indices is still under development and Krypton Software expects it to go live at the end of the month. These products will focus on the different sectors of the cryptocurrency market with the inclusion of coins and tokens that are related to a specific industry. The company has at present defined 9 major categories and 28 sub-categories.

Krypton Software’s team will be making a monthly reconstitution to define which are the top 5, 10, 30, 50 and 100 currencies.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   104

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.