Ethereum Alliance to Create Smart-Contract Rating System – February 5

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$9,379

Bitcoin price has recovered slightly today, rising almost 2% to reclaim the $9,300 mark.

Top-20 altcoins are all in the green, as XRP and Ethereum gain 3% each, and Bitcoin Cash leads the way with a 9% gain.

Top Stories for February 5, 2019 🔥

👉 Ethereum Alliance to Create Smart-Contract Rating System

Quantstamp, MythX, and others have teamed up to launch the “Ethereum Trust Alliance”, which will develop a smart-contract rating system.

The system is intended for use by individuals, to assist in determining whether or not a smart-contract is secure.

Currently, the average user must rely on the word of the smart-contract creator, and/or a third-party audit of the contract.

👉 $2.8B Laundered Through Crypto Exchanges in 2019

A report from Chainalysis has claimed that over $2.8 billion dollars in cash and assets were laundered through cryptocurrency exchanges last year.

According to their tracking methods, over 50% of the funds were laundered through Binance and Huobi, likely through OTC brokers.

👉 4,000 BTC to be Auctioned by US Government This Month

US law enforcement officials will be auctioning off over 4,000 Bitcoin on February 18th, with a market value of about $37 million.

The 4,000 BTC will be broken down into different-sized portions for the auction, and bidders will be required to make a $200,000 deposit to participate.