Growth for the crypto market – Crypto synthesis 12 February

A new day of growth for the crypto market

Growth for the crypto market in the last 24 hours, the price of Bitcoin began to approach the value of $ 10,500, providing an impetus for the rest of the cryptocurrencies.

Ethereum, for example, exceeded $ 250, registering an increase of over 15% in a single day. But the record is owned by Tezos, which has increased by 54% in the last week.

Overall, the entire cryptocurrency market has an upward trend, and the total valuation has exceeded $ 300 billion.

Tether adds a tool to monitor suspicious transactions from Chainalysis

Tether has announced that it has added a compliance tool from blockchain analytics firm Chainalysis to track suspicious transactions in real time.

The “Know Your Transaction (KYT)” Chainalysis program has been integrated with Tether to monitor transactions and “quickly understand the risk profile of each token holder”.

Through this service, Tether has the opportunity to identify potentially criminal or illicit activities.

“This solution allows us to ensure a secure compliance program, which promotes trust from regulatory authorities, law enforcement agencies and users,”

said Paolo Ardoino, CTO I would Tether.

“Monitoring is done without sharing our user identification information, because this data is kept only on our servers.”

The Tether cryptocurrency USDT is currently issued on six blockchains – Ethereum, EOS, TRON, Omni, Liquid Network and Algorand.

Pro-crypto candidate for US Presidency Andrew Yang withdrew from the race

Andrew Yang, the pro-crypto Democratic candidate for the US presidency, has announced he is withdrawing from the poll. Unfortunately for the industry, he failed to get the votes needed to continue.

Yang entered the race in November 2017, focusing his campaign on his proposal of “universal basic income”. He would have offered $ 1,000 a month to every American adult. His campaign included political positions around cryptocurrencies and larger technology spaces.

In particular, he advocated a comprehensive national approach to the blockchain and crypto industry.

Boxing match between crypto developers powered by the Lightning network

Nopara73, Wasabi Wallet developer and BTCPay’s lead developer, Nicolas Dorier, met in a digital boxing match at the Advancing Bitcoin conference in London.

In a video game created by the Zebedee start-up, the two developers manipulated their digital versions with the help of the public. Conference participants holding a Lightning wallet had the opportunity to help their favorite fighter through microplates.

The Raiki game developed by Zebedee allows the public to influence the evolution of matches with the help of payments through the Lighthing network. Power-ups included bombarding the other player, making one player much larger than the other, or generating a wizard hat.

Zebedee mentions on its own site:

“Innovation in the video game industry has been restricted by the limitations of traditional financial services. The revenue generated by a game is usually limited to in-app purchases and ads. “

The start-up developed Raiki as a proof-of-concept for a new video game economy.

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