| OAX (OAX) |  | OAX originated from the open-source platform OpenANX, backed by the company ANX International, which is one of the world's largest blockchain developers. OAX aims to improve the digital asset ecosystem by increasing efficiency, improving transparency and promoting high standards of governance. It is a decentralized digital asset (cryptocurrency) exchange platform which combines the benefits of the current centralized exchange model with all the benefits of a trustless, decentralized system. It has a market cap of over $2.9 million, a circulating supply of over 25 million and has traded over $5.1 million in the last 24 hours according to CoinMarketCap.com.
OAX/BTC is breaking out of a basing pattern as it is looking to close above the 0.00002886 resistance line. The next level of resistance occurs near 0.00003860 and is also near today's high. A potential stop could be placed below the breakout level and raised below each successive higher low.
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| | News To Know | | HSBC Finds Blockchain Drastically Improves Efficiency of Internal Payments
HSBC announced on Monday that during the past year it has been orchestrating more and more cross-border payments between the various balance sheets within the federation of separately capitalized banks that make up the group using a new technology. This has managed "to drastically increase the efficiency of these internal flows", according to Richard Bibbey, interim global head of FX and commodities.
US Academics Say Their Shardy Blockchain Will Be 10X Faster Than Visa
According to Bloomberg, professors from seven US colleges (including MIT, University of California, Standford University, and Berkely) are looking to create a digital currency capable of processing thousands of transactions a second without sacrificing the basic principle of decentralization. The project is run by Distributed Technology Research (DTR), a non-profit organization established by academics with support from Pantera Capital Management LP to develop decentralized technologies.
This Cryptocurrency Mining Malware Now Disables Security Software to Help Remain Undetected
A form of cryptojacking malware has added the ability to disable cloud security software to help avoid detection and increase its chance of illicitly mining for cryptocurrency without being discovered. It's the first time this attack technique has ever been seen, said the researchers at security company Palo Alto Networks' research division Unit 42 who've detailed the technical capabilities of the campaign.
Wanchain Joins Telefónica, One of the World's Largest Telephone Operators, Developing a Mobile Blockchain Future
Eleven Paths, a subsidiary of Telefónica, has tapped Wanchain in an effort to build a secure blockchain platform for the mobile generation. Rivetz is a security company which works extensively in the blockchain space and also plays an important role in the new effort. Wanchain is an Ethereum fork which specializes in cross-chain compatibility.
New Platform Shows Ads Only On-Demand and Promises to Pay Crypto for Views
A company intends to change the ways of traditional advertising by creating a platform called WeBuy. The idea is to allow what the company calls "buyers" to decide when and how the sellers of different products can reach them on-demand.
Circle's USDC Stablecoin Fully Dollar Backed, Says Latest Auditor's Report
Crypto finance startup Circle's USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton. The auditor published an attestation report on Wednesday, stating that Circle had $251,211,209 held in custody accounts as of Dec. 31, 2018, against the 251,211,148 USDC tokens in circulation at the time.
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| | | Source: Coinmarketcap.com | |
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