Unify launches Marketplace Beta

Beta testing of the marketplace designed by the project Unify is going to kick off on June 20
11 June 2018   289

The beta of Unify Marketplace is to be launched on June 20. Beta stage is focused on the community feedback and dedicated to the platform improvement based on the suggestions and requests.

Unify is trying to build a self-sufficient crypto ecosystem for crowdfunding. The marketplace will allow the users to buy and sell crowdfunded projects and other products with alternate cryptocurrencies. Unify is an ERC20 compatible token with a PoS consensus mechanism.

At the moment of publication, Unify market characteristics are as follows:

Average price 0.037495 USD
Market cap 669,694 USD
Volume (24H) 1,057 USD

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   92

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.