A new partnership to design ETH reference index

An effort to develop a touchstone for Ethereum token price is the purpose of ConsenSys and TrueDigital team-up
12 March 2018   1698

Blockchain venture studio ConsenSys and a new affiliate of marketplace trueEX - TrueDigital, have announced a partnership between each other. The goal is be able to offer more crypto trading products to institutional investors as their interest in digital currency related derivative products is on the rise.

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

The initial step is to invent an anchor index for the market as a whole for the price of ETH. Alongside this partnership, trueEX s going to launch a special marketplace for digital assets as another step to convince institutional investors of confidence and transparency. First contracts are planned to be Bitcoin non-deliverable forwards (NDFs), settled in USD. TrueDigital, in turn, will handle the product development and manage sales and marketing for these new products.

NDFs on digital assets are the logical next step for institutional investors who are seeking exposure to Bitcoin and other digital currencies. Sunil is a proven innovator in financial products and market infrastructure, and one of the earliest advocates for the use of digital assets in institutional finance. We're looking forward to working with his team at trueDIGITAL.


Brooks Dudley

Vice President of Risk, ED&F Man Capital Markets

Great Chinese Firewall to Block ETH Explorer

Looks like it's the first time that a blockchain observer (etherscan. io in this case) has become a target for Internet censorship in China
04 December 2019   139

The Great Chinese Firewall, used by the authorities to regulate access to foreign sites, blocked etherscan.io, one of the most popular services for viewing the statistics of the Ethereum network.

According to CoinDesk, as of early December, the portal is not accessible from IP addresses in mainland China. According to the service greatfire.org, blocking has been carried out at least since October 30.

Presumably this is the first time that a blockchain observer has become a target for Internet censorship in China.

This is another instance of friction between the decentralized and immutable technology of blockchain and the tightly controlled, centralized government of China. We should expect additional problems like these in the future as blockchain is integrated further into the Chinese economy and daily life.

Matthew Graham

CEO, Sino Global Capital

In his opinion, we should expect similar problems in the future, since the blockchain is increasingly being integrated into the Chinese economy.

It is not known exactly what caused etherscan.io to become blocked.

Last year, it was reported that users encoded censored articles in an Ethereum transaction and shared the hashes of these transactions in the WeChat messenger using etherscan.io.

Some have used this feature to post sensitive messages without the need to worry about the message being blocked or removed, or their identity being exposed. Anyone with a blockchain explorer like Etherscan can view these messages, so it is not surprising that this website has come in the crosshairs of internet censors.

Matthew Graham

CEO, Sino Global Capital

The founder of etherscan.io, Matthew Tan, confirmed that the site in China has been blocked "for the past three months." He could not name the exact date and reason for what happened.