Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Written by Lingling Lei and transalated by Billy Lau
Market Overview
The past week’s daily average global market capitalization of cryptocurrency was $261.95 billion and the daily average transaction volume was $14.47 billion, indicating a decline of 4.91% and 3.02% respectively. The daily average market capitalization of the top five cryptocurrencies decreased by 4.42% from the previous week. Among the top five, EOS has experienced the greatest price increase in the past week with a high of $9.39, a decrease of 21.32%.
Disclosure: This is a Sponsored Article
Data source:coinmarketcap
Of the top 10 cryptocurrencies that increased, 80% of the tokens were of the vertical industrial application sector. Also, SRCOIN of the cryptocurrency and payment sector experienced the greatest increase in price.
Ranking
Project
Token
Field
Brief description
Trading amount(24h)
Token price
Increase/7d
1
SRCOIN
SRCOIN
Medical insurance
The basic model of the SRCOIN project is to combine the massage chair subscription business with a decentralized health data platform.
$1,665,020.00
$0.00
57.07%
2
Dorado
DOR
Consumerism
Dorado is a food delivery platform based on MVP commercialization.
$1,997,530.00
$0.03
45.88%
3
AI Doctor
AIDOC
Medical insurance
AI Doctor is a private AI doctor who can provides general help.
$5,048,460.00
$0.03
33.69%
4
MARK.SPACE
MRK
Entertainment
The world’s first VR/AR platform based on blockchain technology.
$3,055,790.00
$0.06
33.06%
5
NaPoleonX
NPX
Asset management
The NapoleonX project aims to provide investors a new way to invest by creating a cryptocurrency fund (DAF).
$622,455.00
$0.28
28.42%
6
GoChain
GO
Public chain and protocol
GoChain is a high-speed, low-cost Ethereum expansion network.
$4,069,160.00
$0.06
28.04%
7
ODEM
ODE
Education
ODEM is an on-demand education platform built on the Ethereum blockchain.
$970,245.00
$0.36
26.31%
8
Solaris
XLR
Cryptocurrency and payment
Solaris is a cryptocurrency that uses the POS consensus mechanism.
$82,911.00
$3.75
25.73%
9
Delphy
DPY
Gambling
Delphy is the first distributed forecasting market based on blockchain in China.
$2,987,620.00
$0.82
24.52%
10
AdHive
ADH
Advertising
AdHive is a marketing platform that uses artificial intelligence and blockchain technology to control market traffic.
$281,552.00
$0.05
22.61%
Data source:coinmarketcap;retrieved at 12:00 on July 6th, 2018
Analysis of Top 200 Market Cap Projects
The market capitalization of top 200 projects increased by 11.47% compared with that of last week. Based on the main categories of cryptocurrency and payment, public chain and protocol, vertical chain and protocol, and vertical industrial application, the vertical chain and protocol sector increased the most, increasing by 18.34%.
Data source: OK Blockchain Capital
Through further classification of the vertical chain and protocol, it was found that this week’s corporate services and social network verticals were on obvious increases at a rate of 55.62% and 39.24%. Cloud services and entertainment verticals experienced the greatest decreases with a rate of 29.70% and 10.81% respectively.
Data source: OK Blockchain Capital
Analysis of Newly Listed Projects
There were 10 new projects in the market last week (mainly of the content copyright vertical), 90% of which dropped in price within 24 hours of listing. Most of the newly issued tokens were listed on IDEX and HitBTC.
New Projects Categories Ratio New Projects Listed Exchanges Ratio
Data source:Coinmarketcap、feixiaohao、OK Blockchain Capital analysis
Table of newly listed projects
Project
Token
Field
Exchange Platform
Initial Listed Price($)
Current Price($)
24h Trading Volume($)
Launch Date
0chain
ZCN
Cloud service
Ethfinex、IDEX
0.496757
0.514678
272,596
7/3
Egretia
EG
Public chain and protocol
OKEx、Hotbit、IDEX
0.009094
0.008900
324,066
7/3
TaTaTu
TTU
Content copyright
HitBTC
0.595679
0.554663
98,558
7/3
Dorado
DOR
Transportation
HitBTC
0.011696
0.015109
784,331
7/3
ZINC
ZINC
Human resources
Kucoin
0.164451
0.195345
3,155,520
7/4
CarBlock
CAR
Data services
Bibox
0.038657
0.028182
642,723
7/4
Bob’s Repair
BOB
Consumerism
Hotbit、IDEX
0.024513
0.023844
447,692
7/4
KanadeCoin
KNDC
Cryptocurrency and payment
CoinExchange
0.000264
0.000260
42,004
7/4
Cardstack
CARD
Cryptocurrency and payment
IDEX
0.006403
0.006556
524,788
7/4
Wowbit
WWB
Content copyright
Bit-Z
0.265396
0.263429
413,667
7/4
Data source:Coinmarketcap, Feixiaohao
Analysis of Closed Public Sales Projects
There have been 43 closed public sales projects this week, totaling nearly 510 million USD. Among these projects, projects of the asset management field received most funding. This was closely followed by projects of the cryptocurrency and payment field.
Main categories of public sales project this week
Table of closed public sales projects (6.30-7.6)
Project
Token
Field
Platform
Soft Cap/$10K
Project
Token
Field
PORNX
PORNX
Cryptocurrency and payment
Ethereum
1500
PORNX
PORNX
Cryptocurrency and payment
Robo Advisor Coin
RAC
Asset management
Ethereum
900
Robo Advisor Coin
RAC
Asset management
Robo Advisor Coin
DUCAT
Data services
Ethereum
381
Robo Advisor Coin
DUCAT
Data services
TaTaTu
TTU
Content copyright
Ethereum
25000
TaTaTu
TTU
Content copyright
ProKareX
PKX
IoT
Ethereum
750
ProKareX
PKX
IoT
FENIX.CASH
FENIX
Content copyright
QTUM
1000
FENIX.CASH
FENIX
Content copyright
Globatalent
GBT Token
Asset management
Ethereum
500
PlayBets
PLT
Game
Ethereum
100
Bryllite
BRC
Game
Ethereum
1000
Caerus Connections
CAER
Human resources
Ethereum
1500
Lattice
LTI
Cryptocurrency and payment
Ethereum
100
Nuggets
NUG
Consumerism
Ethereum
150
Wixlar Coin ICO
WIX
Exchange platform
Ethereum
400
PRETHER
PTH
Cryptocurrency and payment
Ethereum
30
Equadex
EDEX
Asset management
Ethereum
500
The Freedom Coin
TFC
Asset management
Ethereum
2500
SleekPlay
SKP
Content copyright
Ethereum
210
RECORD Foundation
RCD
Content copyright
Ethereum
600
Cardium
CAD
Medical insurance
Ethereum
500
Sandblock
SAT Token
Corporate services
Ethereum
200
DigiDex
DGX
Cryptocurrency and payment
Ethereum
240
Kurecoin
KRC
Cryptocurrency and payment
Ethereum
200
Globatalent
GBT Token
Asset management
Ethereum
500
GladAge
GAC
Medical insurance
Ethereum
200
Global REIT
GRET
Asset management
Ethereum
500
DarcMatter Coin
DMC
Asset management
NEM
5000
CMBT
CMBT
Corporate services
Ethereum
370
Tradingene
TNG
Asset management
Waves
400
OptiToken
OPTI
Asset management
Ethereum
22
RankingBall
RBG
Game
Ethereum
300
VISO
VITO
Cryptocurrency and payment
Waves
300
CookUp
CHEF
Consumerism
Ethereum
2100
Monaco Estate
MEST
Asset management
Ethereum
600
BitScreener
BITX
Asset management
Ethereum
300
Utrum
OOT
Asset management
Komodo
100
Whalesburg
WBT
Asset management
Ethereum
300
Tokpie
TKP
Exchange platform
Ethereum
150
Safe.ad
SAFE
Cloud services
Ethereum
300
WELL
WELL
Medical insurance
Ethereum
300
Kurecoin
KRC
Cryptocurrency and payment
Ethereum
200
Sandblock
SAT Token
Corporate services
Ethereum
200
Cardium
CAD
Medical insurance
Ethereum
500
Cardium
CAD
Medical insurance
Main data sources: Icobench、 Foundico、 smith and crown、icodata、 icodrops、coinschedule、icoadvert
Secondary data sources:Project websites
Important News on Global Governmental Policies this Past Week
Based on public information
Keeping Up with the Blockchain Giants
Hot Topic of the Week: Binance was attacked by hackers, and the SYS coin increased in price by 3.2 million times
At about 4:18 am on July 4, 2018, some Binance users reported that the SYS transactions displayed abnormal trading behavior. At about 4:30 am, the price of SYS/BTC on Binance was increased to around 1SYS=96BTC, which was the highest price of SYS. The previous price of SYS was about 0.00003BTC. The price was increased 3.2 million times. Binance issued an announcement at 8:00 am on July 4th: announced temporary maintenance, suspension of trading and withdrawal.
On the evening of July 4, Binance issued an announcement stating that the incident was due to some API users. The API is an interface that can perform automated transactions. By controlling the API interface, the hacker manipulated the user’s account trading, thereby manipulating the price. The purpose of the hacker was not to steal the BTC from the Binance platform. Instead, their purpose was to increase the price of a coin, and then sell it at a high price on other trading platforms for profits.
It can be seen that the 24-hour volume of SYS has surged since the early morning of July 4. On trading platforms other than Binance, SYS’s trading volume reached hundreds of million dollars, and hackers were very likely to buy SYS ahead of these trading platforms, waiting for the opportunity to sell at a high price.
Binance’s plan for this abnormal trading event is as follows:
-
- Binance deleted all API records and users can recreate and keep their API KEYs. Transactions that involved abnormality were rolled back.
- Transactions that involved active participation from users who experienced great loss will be exempt from handling fees from 2018/07/05 to 2018/07/14.
- The Binance Investor Protection Fund (SAFU) was established. From 2018/07/14, 10% of the transaction fees will be used as the investor protection fund, and the platform will pay the users first.
The issue Binance experienced has always been one of the most concerned topics for the users of the blockchain space. As the global transaction scale of digital assets continues to expand, the risk of hacker-attacks on cryptocurrency trading platforms are also increasing, and the current security incidents are frequent. The trading platforms must prevent hacker-attack and ensure the security of user assets through a series of risk control measures and security systems. Strengthening transaction security should be the primary task of cryptocurrency trading platforms and should be an important goal for the long-term development of the blockchain industry.
Appendix: Upcoming Crowdfunding Projects(7.7-7.13)
Project
Token
Public offering launch date
Public offering close date
Field
Token Quantity
Public offering percentage*
Hard cap
Letsbet
XBET
2018/7/7
2018/8/8
Gambling
100M
77%
10000 ETH
Iagon
IAG
2018/7/7
2018/9/7
Cloud services
1B
70%
—
Zodiaq
ZOD
2018/7/8
2018/8/7
Finance
300M
80%
24.54M USD
REPU
REPU
2018/7/8
2018/8/8
Consumerism
250M
80%
3000 ETH
BotGaming
BOT
2018/7/9
2018/8/6
Gambling
—
60%
5M USD
OBSERVER
TED
2018/7/9
2018/7/30
Consumerism
10B
40%
4,000 ETH
XBIT
XBIT
2018/7/10
2018/7/24
Corporate services
1B
30%
—
Smart City Enterprise
CITY
2018/7/10
2018/9/2
Consumerism
220M
50%
48M USD
MYDFS
MYDFS
2018/7/10
2018/8/10
Entertainment
125M
40%
4M USD
WallChain
WALL
2018/7/10
2018/7/30
Cryptocurrency and payment
15M
60%
3M USD
iShook
SHK
2018/7/10
2018/12/31
Content copyright
1B
57%
20000 ETH
PearlPay
PRLPAY
2018/7/10
2018/8/30
Cryptocurrency and payment
500M
35%
—
XRT
XRT
2018/7/11
2018/8/30
Consumerism
500M
51%
40000 ETH
Appendix: Upcoming Crowdfunding Projects(7.7-7.13)
Project
Token
Public offering launch date
Public offering close date
Field
Token Quantity
Public offering percentage*
Hard cap
Plentix
REFER
2018/7/11
2018/7/24
Consumerism
400M
70%
3M USD
OkeyDokey
OKEY
2018/7/11
2018/7/31
Consumerism
750M
60%
—
JSEcoin
JSE
2018/7/11
2018/10/1
Cryptocurrency and payment
40B
50%
—
Gnome Invasion
GIT
2018/7/11
2018/9/28
Game
50M
78%
—
EtherAce Speculation Platform
ACED
2018/7/12
2018/8/16
Gambling
125M
80%
8665 ETH
HELIX Orange
HIX
2018/7/12
2018/7/27
ICO platform
5B
70%
—
BiteCoin Network
BiteCoin
2018/7/12
2018/8/30
Consumerism
7B
70%
50000 ETH
Block66
B66
2018/7/12
2018/8/1
Lending
310M
50%
3M USD
ALLUXE
LXC
2018/7/12
2018/8/16
Consumerism
222M
50%
27500 ETH
Sports Ledger
SPSL
2018/7/12
2018/7/26
Entertainment
417M
60%
194,000 ETH
Lamoneda
LMDA
2018/7/13
2018/8/30
Notary certification
500M
72%
10M USD
Tip Blockchain
TIP
2018/7/13
2018/8/17
Cryptocurrency and payment
100M
60%
46450 ETH
ValPromise
ValPromise
2018/7/13
—
Asset management
5B
15%
20000 ETH
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.