Tierion announced the start of a new node registration

Chainpoint node registration for Tierion will become online on April 5 with the process simplified and reward changes
29 March 2018   961

Tierion is preparing for a major network update - node registration is to commence on April 5 at 10AM PST. As of the specifics, 500 additional nodes will be eligible to take part in the process with rewards staying at 1,500 TNT per reward period. The registration process also makes it mandatory to upgrade nodes prior to registering: the nodes should be of the version 1.3.7 to be able to get rewards.

Among the upcoming new features, the Chainpoint Node reward distribution will cease to be random and a reward queue is to be added. Network reliability thus will be increased and the reward distribution should get more homogeneous. The mechanics will be as follows:

  • Nodes that continually pass audits will advance in the queue.
  • Nodes that receive rewards will fall to the bottom of the queue.
  • Nodes that fail audits will fall back in the queue.

In March a test program was conducted in order to prepare for the releasing of network's new capabilities. As for the results of the program itself, tens on millions of Chainpoint proofs have been generated. Tierion team also release Chainpoint API so that anybody can create a Chainpoint proof.

At the moment of the publication, Tierion market parameters are as follows:

Average price: $0.085482

Market cap: $36,627,436

Volume (24H): $7,416,600

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   140

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.